At KBC Asset Management, we
believe the opportunities for companies in the
water industry are immense. Growing populations,
more pollution and climate change are combined
with the issue of reliance on aging infrastructure
which is in dire need of replacement. Successfully
investing in water, or ‘blue-gold’ as
it is becoming known, involves identifying the
companies best placed to benefit from the various
stages of the water cycle.
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Global
Water Fund at a glance |
| Fund
name: KBC Global Water
Fund |
| Type: Open-ended
Australian Unit Trust |
| Issuer: KBC
Asset Management (Australia) Ltd |
| Asset
manager: KBC Asset Management
Ltd |
| APIR
code: Retail: LTR0001AU
Wholesale:LTR0002AU |
Minimum
investment:
• $10,000
Australian dollars, or
• $10,000
New Zealand dollars
• Additions
in multiples of $1,000 in the
same
currency |
| Liquidity: daily |
| Distribution: annually
(30 June) |
| Investment
time frame: medium term
i.e. 5 years |
| Level
of risk: medium |
| Objective: to
outperform the MSCI World Index
over rolling 3 year periods |
| Currency: unhedged
(this means your investment is
exposed to currency fluctuations).
Units are priced in Australian
dollars |
| Launch
date: 20 November 2007 |
Management
Expense Ratio:
• 1.95%
per annum capped |
This
is made up of:
• 1.35%
management fee
• 0.35%
adviser trail
• 0.25%
fund expenses (capped) |
| Entry
fee: 0% to 3% (decided
by adviser) |
| Exit
fee: no fee applies |
Morningstar: Four
star Morningstar RatingTM as
at 31/01/08
© Morningstar Research
Pty Ltd. All rights reserved.
This Morningstar Rating has been
given by Morningstar Belgium.
No comparison should be drawn
between the Morningstar Rating
of any Belgium domiciled fund
and the Morningstar Rating of
any Australian domiciled fund.
To the extent that the above
constitutes general advice by
Morningstar, this advice has
been prepared by Morningstar
Research Pty Ltd ABN: 83 062
096 342, AFSL: 243161 and does
not take account of your objectives,
financial situation or needs.
Before acting on any advice,
you should consider the appropriateness
of the advice, having regard
to your objectives, financial
situation and needs. Please refer
to Morningstar’s Financial
Services Guide (FSG) for more
information at www.morningstar.com.au/fsg.asp and
consider the product disclosure
statement before making a decision
to acquire the financial product.
|
Lonsec: recommended
rating
The Lonsec
Limited (“Lonsec”)
ABN 56 061 751 102 rating assigned
November 2007 presented in
this document is limited to “General
Advice” and based solely
on consideration of the investment
merits of the financial product(s).
It is not a recommendation
to purchase, sell or hold the
relevant product(s), and you
should seek independent financial
advice before investing in
this product(s).
The rating is subject to change
without notice and Lonsec assumes
no obligation to update this
document following publication.
Lonsec receives a fee from
the fund manager for rating
the product(s) using comprehensive
and objective criteria.
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