Macquarie True Index International Equities Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/104307-2024-03-29-02:31.pdf |
FUND MANAGER | Macquarie Investment Management Australia |
ASX Code | |
APIR | MAQ0633AU |
ASSET CLASS | GLOBAL EQUITIES |
INVESTMENT STYLE | The Fund provides exposure to the performance of the MSCI World ex-Australia ex-Tobacco Net Dividends Reinvested Index in Australian dollars (unhedged) (Index), and is designed to generate a return equal to the Index returns (True Indexing). |
INVESTMENT PROFILE | The Fund aims to provide investors with pre-tax returns that equal the returns of the MSCI World ex-Australia ex-Tobacco Net Dividends Reinvested Index in Australian dollars (unhedged) (Index), known as ‘True Indexing’. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 29-01-2007 |
BENCHMARK | MSCI World ex-Australia ex-Tobacco Net Dividends Reinvested Index in Australian dollars (unhedged) |
FUND SIZE | MSCI World ex-Australia ex-Tobacco Net Dividends Reinvested Index in Australian dollars (unhedged) |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | NIL |
STRUCTURE |
Benefits
Benefits | True Indexing eliminates the potential tracking error of the Fund relative to the Index, while providing daily liquidity. No management fee while True Indexing applies. Access to the expertise provided by Macquarie Investment Management. |
RISK LEVEL | High |
INVESTOR SUITABILITY | The Fund may be suitable for investors who are looking for an investment with the objective of the Fund listed |
Risks
Title | |
Detail |
Key Features
About the Fund Aims to provide investors with pre-tax returns that equal the returns of the MSCI World ex-Australia ex-Tobacco Net Dividends Reinvested Index in Australian dollars (unhedged) (Index), known as ‘True Indexing’. |
Mandate
How we invest your money True Indexing is designed to result in pre-tax returns for investors that equal the returns provided by the Index. The Fund achieves this by:
These arrangements enable the Fund to provide True Indexing regardless of the performance of the Underlying Investments. Asset allocation
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