IOOF WB Australian Shrs Core-Fidelity

IOF0246AU

IOOF WB Australian Shrs Core-Fidelity IOF0246AU Strategy

The Fund aims to be fully invested, providing investment exposure to Australian shares. The UMF invests in a diversified selection of around 30 to 50 Australian companies. Through in-house, bottom-up company research, the fund manager aims to uncover opportunities which offer the greatest scope for outperformance. Based on this research approach, the underlying fund manager seeks out stocks that it believes are undervalued and likely to generate growth.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,782.809.800.11%
CAC 407,665.9125.64-0.33%
DAX 4023,909.61123.61-0.51%
Dow JONES (US)44,094.77275.500.63%
FTSE 1008,760.9637.95-0.43%
HKSE24,072.28211.87-0.87%
NASDAQ20,369.7396.270.47%
Nikkei 22540,081.61405.78-1.00%
NZX 50 Index12,679.4576.630.61%
S&P 5006,204.9531.880.52%
S&P/ASX 2008,553.7011.400.13%
SSE Composite Index3,444.4320.200.59%

Market Movers