Fund Profile: Macquarie True Index Australian Shares

Key Information

APIR codeMAQ0288AU
StatusOpen
Asset classEquity Australia Large Blend
Responsible EntityMacquarie Investment Management Aus Ltd.
Fund ManagerMacquarie Investment Management Aus Ltd.
Product typeRetail
Legal typeOpen end
Fund inception14 Apr 2003
Fund size $563,351,562
Entry / exit price (2020-08-31)$1.4724 / $1.4688
Minimum initial$100000
Distribution frequencyQuarterly

PDS Objective

The Fund provides exposure to the performance of the S&P/ASX 300 Accumulation Index (Index) and is designed to generate a return equal to the Index return before management fees are deducted. The suggested investment timeframe is 3 to 5 years.

What is this fund?

True Index-Linking results in pre-tax returns for investors that equal the returns provided by the Index before management fees are deducted.

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 0.12% / 0.12%