Fund Profile: Macquarie True Index International Eqs

Key Information

APIR codeMAQ0633AU
StatusOpen
Asset classEquity World Large Blend
Responsible EntityMacquarie Investment Management Aus Ltd.
Fund ManagerMacquarie Investment Management Aus Ltd.
Product typeWholsesale
Legal typeOpen end
Fund inception22 Sep 2006
Fund size $459,337,932
Entry / exit price (2020-08-31)$1.2042 / $1.2007
Minimum initial$500000
Distribution frequencyQuarterly

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 % PA0.0000
ICR % PA0.0000
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.15% / 0.15%