2012 Well Performed Managed Investments Report

The AIA would like to thank members of the Brisbane Managed Investment Group for producing this report for the benefit of AIA Members. The AIA relies on volunteering to achieve its mission of “Investors Helping Investors”.

Members of the group who participated in the researching, writing and reviewing the report were: Lis Drew, Mike Tidbold, Judy Benson, Grahame Benson, Frank Shaw, John Staples and Alan Timmins.

Special thanks are given to John Staples for carrying out the onerous task of the final edit of the report, Project Manager Bob Hartley, who collated the performance data, and Project Sponsor Graeme Bottrill who uploaded the report to the AIA Website.

Bill Shirley, President


Synopsis

For the sixth year Members of the AIA Brisbane Managed Investment Group (BMIG) have compiled a summary of results and other data for the top performing managed investment products.

This year the structure and content of the report has been extensively revised to increase its usefulness to AIA Members. A new section describes the three most popular types of managed investments:  Managed Funds, Licensed Investment Companies (LICs), Exchange Traded Funds (ETFs) - and the strengths and weaknesses of each.

The usual list of “well performed” managed investments has been extended to include LICs in addition to Managed Funds. We have not included any ETFs in the “well performed” list as there is insufficient performance history with these managed investment products in Australia.

Performance and other key statistics are presented in tables and members have the option to see data for each fund in a dashboard presentation.

Key benefits of this report for AIA Investors include:-

  • Provides a reference point for the performance of Managed Investments compared to an individually managed portfolio of selected direct equities
  • Identifies  products from the top quartile of Managed Investments with analysis and evaluation
  • Provides key data sheets and references for individual  managed investments across a wide spectrum of asset types, groupings, etc
  •  Provides summary information of Managed Investment Products prepared by an independent source (not associated with any promoter or marketing group with vested interests)
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Download pdf of full report

 

 

2012 Managed Investments Report - Table of Contents

1
2
3
3.1
     Managed Funds
3.1.1 
          Overview of Product Structure
3.1.2
          Where can I find Information about Managed Funds?
3.1.3
          Fund Categories
3.1.4
          Multisector Funds
3.1.5
          Managed Fund Objectives and Strategies
3.1.6
          Managed Fund Fees
3.1.7
          Returns and Taxes
3.1.8
          Performance Returns Reporting and Benchmarking
3.1.9
          Making Investments in Managed Funds
3.2
     Licensed Investment Companies (LICs)
3.2.1
          Overview of Product Structure
3.2.2
          Where can I find Information about LICs?.
3.2.3
          Fees
3.3
     Exchange Traded Funds (ETFs)
3.3.1
          Overview of Product Structure
3.3.2
          Risks
4
5
5.1
     Evaluating Managed Funds
5.1.1
          Performance
5.1.2
          Investment Process
5.1.3
          People
5.1.4
          Costs
5.1.5
          Independent Analysis and Research Reports
5.1.6
          Timeliness and accuracy of reports and responsiveness to questions
5.1.7
          Economic situation and financial markets relative to the fund category
5.2
     Evaluating LICs
5.3
     Evaluating ETFs
6
6.1
     Why active investing?.
6.2
     Active Investing Strategies
7
7.1
     Selection Criteria
7.2
     Information Presented
7.3
     Managed Funds Tables
7.3.1
     Funds in Australian Large-Cap Categories
7.3.2
     Funds in Australian Mid-Small Categories
7.3.3
     Funds in Bonds, Hedge Funds Categories
7.3.4
     Funds in Australian Real Estate Categories
7.3.5
     Funds in World Categories
7.3.6
     Funds in Regional Categories
7.3.7
     Listed Investment Companies (LICs)