Funds
Australian Equities Fund
Investment Objective
To achieve a return (before fees and tax) that exceeds the notional return of a benchmark portfolio of suitable market indices over periods of three years or greater.
To achieve a return (over the medium to longer term) which is competitive with comparable funds that have similar risk characteristics.
Investment Strategy
The Fund invests in Australian equities using a multi-manager approach.
Fund Features
| Inception date | 31 January 1993 |
|---|---|
| APIR code | SMF0101AU |
| Distribution frequency | Quarterly |
| Investment minimum | $100,000 |
| Minimum withdrawal | No minimum |
| Volatility / risk | Very high |
| Estimated management cost | 0.75% |
| Fees and charges | Estimated performance fee: 0.13% |
| Regular Investment Plan | Not available through this product |
| Buy / sell spread | 0.50% |
| Products available through | The Portfolio Service, BT Wrap, Spectrum Super, Macqurie Wrap, Austchoice Super and First Quest |
Performance
UNITED SECTOR LEADERS WHOLESALE FUNDS | As at | 3 mths % p.a. | 1 yr % p.a. | 2 yrs % p.a. | 3 yrs % p.a. | 4 yrs % p.a. | 5 yrs % p.a. | S.I. % p.a. | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| None | |||||||||||
| United Sector Leaders Australian Equities Fund | 31/05/10 | -2.8 | 19.6 | n/a | -9.1 | -0.7 | 4.8 | 10.2 | |||
Underlying Sector Managers
| Manager |
| Australian Equities |
| Integrity - Australian Equities |
| Alleron - Australian Shares |
| SG Hiscock - Australian Shares |
| Solaris - Australian Equity |
Associated Files
In April 2009, IOOF Holding Limited merged with Australian Wealth Management Limited creating a fully integrated financial services company with offices in every state. Therefore all references to Australian Wealth Management Limited throughout the United Funds Management Product Disclosure Statements should be replaced with IOOF Holdings Limited.
