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platinum asia

Discussion in 'Managed Funds & Index Funds' started by voigtstr, 4th Aug, 2007.

  1. voigtstr

    voigtstr Well-Known Member

    Joined:
    24th Jan, 2007
    Posts:
    679
    Location:
    Hobart
    just noticed some weirdness comparing my Asteron Super and E*trade in relation to unit prices for Platinum Asia fund.

    e*trade has the redemption price on the 2nd August as 2.72
    Asteron had 1.86

    on Asteron its called "Platinum Asia Fund"

    on e*trade its called "Platinum Asia Fund (PLA0004AU)"

    why is there a difference in unit prices?
     
  2. coopranos

    coopranos Well-Known Member

    Joined:
    11th Oct, 2006
    Posts:
    498
    Location:
    Perth
    I have noticed a similar thing with every fund held in my super fund wrap account. I would imagine there is a wholesale investment available through these wrap accounts or some such thing...
     
  3. voigtstr

    voigtstr Well-Known Member

    Joined:
    24th Jan, 2007
    Posts:
    679
    Location:
    Hobart
    So its still basically the same fund? Its up 10% or so over 2 and a half months, I'm thinking of putting at least 1k into it a month via etrade next year. The balance of my spare monthly budget will be either navra or cfs australian geared, or might alternate the two.

    Here are platinum asia's unit prices from Asteron up to yesterday since I started tracking them.
    1.7011
    1.7011
    1.7011
    1.7322
    1.749
    1.7478
    1.768
    1.7832
    1.7832
    1.7832
    1.7811
    1.7812
    1.7844
    1.7685
    1.7823
    1.7919
    1.7897
    1.7867
    1.7816
    1.7741
    1.7544
    1.7687
    1.7602
    1.7844
    1.7848
    1.8027
    1.8018
    1.8089
    1.8065
    1.8
    1.7991
    1.8005
    1.8042
    1.7978
    1.7922
    1.7922
    1.7934
    1.7934
    1.8173
    1.8313
    1.8532
    1.848
    1.8452
    1.8483
    1.8596
    1.8596
    1.8428
    1.8213
    1.8235
    1.8388
    1.852
    1.8597
    1.847
    1.8681
    1.8648
    1.8677
    1.8937
     
  4. gad

    gad Well-Known Member

    Joined:
    5th Sep, 2005
    Posts:
    150
    Location:
    Canberra
    Date Applic. Redem.

    19/07/07 $2.7009 $2.6874
    20/07/07 $2.7271 $2.7134
    23/07/07 $2.7496 $2.7358
    24/07/07 $2.7628 $2.7490
    25/07/07 $2.7409 $2.7272
    26/07/07 $2.7771 $2.7632
    27/07/07 $2.7715 $2.7576
    30/07/07 $2.7764 $2.7625
    31/07/07 $2.8206 $2.8065
    1/08/07 $2.7337 $2.7200
    2/08/07 $2.7254 $2.7118

    From their Web site:
    Platinum Asset Management
     
  5. voigtstr

    voigtstr Well-Known Member

    Joined:
    24th Jan, 2007
    Posts:
    679
    Location:
    Hobart
    do you reckon its the same fund then?

    is the reason that the figures on platinum's site dont reflect the 10% rise that Asterons figures show, because of the distributions not being added back in on the platinum site?