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 $661,002,511
Entry / exit price (2020-12-31)$1.6058 / $1.6020
Minimum initial$100000
Distribution frequencyQuarterly

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.

Please refer to the full qualitative report for this fund for our rating.

Fees

Management Fee % PA0.0000
ICR % PA0.0000
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.12% / 0.12%