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.
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Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,374.90 | 50.40 | 0.54% |
| CAC 40 | 8,453.01 | 31.42 | -0.37% |
| DAX 40 | 26,106.60 | 29.96 | -0.11% |
| Dow JONES (US) | 53,417.16 | 140.15 | 0.26% |
| FTSE 100 | 10,854.32 | 37.76 | 0.35% |
| HKSE | 25,522.52 | 5.19 | 0.02% |
| NASDAQ | 25,980.19 | 200.27 | -0.76% |
| Nikkei 225 | 65,856.43 | 328.34 | 0.50% |
| NZX 50 Index | 13,992.72 | 110.84 | 0.80% |
| S&P 500 | 7,652.86 | 21.51 | -0.28% |
| S&P/ASX 200 | 9,164.60 | 54.30 | 0.60% |
| SSE Composite Index | 3,890.25 | 8.24 | 0.21% |