Fund Profile: Macquarie True Index International Eqs
Key Information
| APIR code | MAQ0633AU |
| Status | Open |
| Asset class | Equity World Large Blend |
| Responsible Entity | Macquarie Investment Management Aus Ltd. |
| Fund Manager | Macquarie Investment Management Aus Ltd. |
| Product type | Wholsesale |
| Legal type | Open end |
| Fund inception | 22 Sep 2006 |
| Fund size | $374,976,430 |
| Entry / exit price (2020-02-29) | $1.2170 / $1.2122 |
| Minimum initial | $500000 |
| Distribution frequency | Quarterly |
PDS Objective
The Fund provides exposure to the performance of the MSCI World ex-Australia Net Dividends Reinvested Index in Australian dollars (unhedged) (Index), and is designed to generate a return equal to the Index returns (True Indexing).
What is this fund?
True Indexing results in pre-tax returns for investors that equal the returns provided by the Index. Provides investors with pre-tax returns that equal the returns of the MSCI World ex-Australia Net Dividends Reinvested Index in Australian dollars (unhedged) (Index), known as 'True Indexing'.
What this rating means?
Outstanding : Highly suitable for inclusion on APLs. The fund most often outperforms its peers and benchmark. In all cases the fund is operating to its mandate and product disclosure statement (PDS). There are no corporate governance issues. Management is extremely experienced and skilled and has access to significant resources.
Fees
| Management Fee % PA | 0.0000 |
| ICR % PA | 0.0000 |
| Entry / Exit % | 0.0000/0.0000 |
| Switching % | 0.0000 |
| Buy / Sell Spread | 0.20% / 0.20% |