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  5. Advance Balanced Multi-blend Wholesale - Managed fund profile

Advance Balanced Multi-blend Wholesale - Managed Fund

Fund Objective
To provide moderate to high total returns (before fees and taxes) over the medium term from a combination of capital growth and income through a diversified mix of growth and defensive assets.
Fund Strategy
The Fund invests in a diverse mix of assets with both income-producing assets (around 30%) of cash and fixed interest, and growth assets (around 70%) including shares and property. The Fund's exposure to these asset classes will be obtained primarily by investing directly into sector specific funds. The Fund may also hold assets directly including derivatives, currency and other unit trusts.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.53% 4.51% 8.58% 17.98% 11.09% 5.45% 6.2% 6.95%
Growth return 2.53% 4.51% 6.22% 14.66% 7.66% 0.24% -0.24% -1.26%
Income return 0% 0% 2.36% 3.32% 3.43% 5.21% 6.44% 8.21%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.98% 4.07% 9.17% 18.84% 11.44% 6.08% 6.76% 7.77%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Balanced Multi-blend Wholesale
Australian Equities
28.32%
International Equities
34.89%
Cash
2.29%
Property
8.28%
Fixed Interest
20.76%
Alternatives
5.46%
Average Allocation of Peers
Australian Equities
27.54%
International Equities
33.90%
Cash
5.64%
Property
6.85%
Fixed Interest
21.68%
Alternatives
4.39%

General Information

Fund Details
Type Description
Advance Balanced Multi-blend Wholesale
ADV0050AU
Multisector Growth
starstarstar (as at 30 Nov 2024)
Investment Fund
23 Mar 1998
$1447.94 million (as at 13 Dec 2024)
$0.9993 (as at 19 Dec 2024)
$0.9967 (as at 19 Dec 2024)
Open
Offer information
Type Description
MER 0.85% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR) 0.81% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Advance Australia Shr Multi-Blend W Mutual Fund - Open End 25.78%
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FAQs about the Advance Balanced Multi-blend Wholesale

The objective of the Advance Balanced Multi-blend Wholesale managed fund is To provide moderate to high total returns (before fees and taxes) over the medium term from a combination of capital growth and income through a diversified mix of growth and defensive assets.

The strategy of the Advance Balanced Multi-blend Wholesale managed fund is The Fund invests in a diverse mix of assets with both income-producing assets (around 30%) of cash and fixed interest, and growth assets (around 70%) including shares and property. The Fund's exposure to these asset classes will be obtained primarily by investing directly into sector specific funds. The Fund may also hold assets directly including derivatives, currency and other unit trusts.

The APIR code of the Advance Balanced Multi-blend Wholesale managed fund is ADV0050AU.

Advance Balanced Multi-blend Wholesale’s total return last month was 2.53%. This was made up of a growth return of 2.53% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Advance Balanced Multi-blend Wholesale’s total return for the last three months was 4.51%. This was made up of a growth return of 4.51% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

Advance Balanced Multi-blend Wholesale’s one-year total return is 17.98%. This was made up of a growth return of 14.66% and an income return of 3.32%. These returns were calculated as at 30 Nov 2024.

Advance Balanced Multi-blend Wholesale’s one-year total return is 5.45%. This was made up of a growth return of 0.24% and an income return of 5.21%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Advance Balanced Multi-blend Wholesale managed fund is :

Australian Equities
28.32%
International Equities
34.89%
Cash
2.29%
Property
8.28%
Fixed Interest
20.76%
Alternatives
5.46%

The Advance Balanced Multi-blend Wholesale managed fund belongs to the Multisector Growth sector/asset class.

As at 13 Dec 2024, the size of the Advance Balanced Multi-blend Wholesale managed fund was $1447.94 million.

The Advance Balanced Multi-blend Wholesale managed fund has an inception date of 23 Mar 1998.

The current entry price of the Advance Balanced Multi-blend Wholesale managed fund is $0.9993 per unit and the current exit price is $0.9967 per unit (as at 19 Dec 2024).

The current exit price of the Advance Balanced Multi-blend Wholesale managed fund is $0.9967 per unit and the current entry price is $0.9993 per unit (as at 19 Dec 2024).

The minimum initial investment amount for the Advance Balanced Multi-blend Wholesale managed fund is $5,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.