Bendigo Managed Funds
Bendigo Conservative Fund A diversified fund aimed at achieving a conservative level of income and capital growth over the long term, whilst minimising the risk of capital loss. Bendigo Balanced Fund A diversified fund aimed at achieving capital growth and income over the long-term by investing in a balanced portfolio. Bendigo Future Growth Fund A diversified fund aimed at achieving capital growth and income over the long-term by investing predominantly in growth assets (eg: Australian and international equities and listed property trusts). Sandhurst Future Leaders Fund An Australian equities fund aimed at achieving capital growth and income by investing in quality ASX listed securities in mid and smaller companies identified by the investment process as being undervalued. Sandhurst Industrial Share Fund An Australian equities fund aimed at achieving, over the long-term, capital growth and income by investing predominately in shares, and property trusts included in the S&P/ASX 300 Industrial Accumulation Index. Sandhurst Trustees Limited as the responsible entity (RE) of the funds is required to comply with the Australian equivalents of the International Financial Reporting Standards (AIFRS) which came into effect 1 January 2005. Sandhurst has progressively implemented these standards as applicable to managed investment schemes throughout 2005. However amendments to the constitutions were required for those standards that adversely affect managed investments, particularly those that impact the calculation of unit pricing, distributions of income, management fees and other calculations that are based on net asset value. These amendments allow us to continue using the accounting standards that were in place immediately prior to 1 January 2005 in relation to these calculations. In making the amendments, the RE reasonably believes that investor rights have not been adversely affected by these amendments, however we are required to inform investors of these amendments to comply with our obligations as RE. |
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*The rate displayed is applicable as at 11/08/2010. The rate of return payable on Investments in the Fund will generally move in line with market conditions and money market rates, however there is no guarantee of the actual rate of return payable to investors. |