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  5. AXA - Wholesale Diversified Balanced Fund - Managed fund profile

AXA - Wholesale Diversified Balanced Fund - Managed Fund (Closed)

Fund Objective
Aims to outperform inflation by a margin of at least 2% pa, after costs and over rolling three year periods.
Fund Strategy
Invests in a diverse range of asset classes - shares, fixed interest and money-market securities, cash, and property securities. Asset allocation ranges (with benchmarks in brackets): Australian shares 20-60% (40%), international shares 10-40% (25%), Australian fixed interest and money-market securities 10-30% (20%), international fixed interest and money-market securities 0-10% (5%), cash and cash securities 0-20% (5%), property securities 0-10% (5%). Alliance Capital Management Australia Limited is the investment manager.

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 -6.61% -10.03% -25.43% -28.14% -18.34% -8.44% 1.73% -%
Growth return -6.61% -11.99% -27.05% -42.37% -36.11% -29.71% -14.38% -%
Income return 0% 1.96% 1.62% 14.23% 17.77% 21.27% 16.11% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.43% 1.58% 7.38% 20.91% 12.04% 5.34% 6.61% 7.49%
As at 28 Feb 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AXA - Wholesale Diversified Balanced Fund
Australian Equities
35.88%
International Equities
26.63%
Cash
0.25%
Property
10.25%
Fixed Interest
26.99%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.54%
International Equities
34.01%
Cash
5.65%
Property
6.82%
Fixed Interest
21.54%
Alternatives
4.45%

General Information

Fund Details
Type Description
AXA - Wholesale Diversified Balanced Fund
Closed
AMP-National Mutual Funds Management Ltd
NML0319AU
Multisector Growth
starstarstar (as at 28 Feb 2009)
Investment Fund
7 Mar 2001
$1.69 million (as at 28 Feb 2009)
$0.3929 (as at 20 Mar 2009)
$0.3921 (as at 20 Mar 2009)
Finalised
Offer information
Type Description
MER 0.85% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.85% (as at 30 Jun 2008)
Minimum initial investment $25,000

FAQs about the AXA - Wholesale Diversified Balanced Fund

The objective of the AXA - Wholesale Diversified Balanced Fund managed fund is Aims to outperform inflation by a margin of at least 2% pa, after costs and over rolling three year periods.

The strategy of the AXA - Wholesale Diversified Balanced Fund managed fund is Invests in a diverse range of asset classes - shares, fixed interest and money-market securities, cash, and property securities. Asset allocation ranges (with benchmarks in brackets): Australian shares 20-60% (40%), international shares 10-40% (25%), Australian fixed interest and money-market securities 10-30% (20%), international fixed interest and money-market securities 0-10% (5%), cash and cash securities 0-20% (5%), property securities 0-10% (5%). Alliance Capital Management Australia Limited is the investment manager.

The APIR code of the AXA - Wholesale Diversified Balanced Fund managed fund is NML0319AU.

AXA - Wholesale Diversified Balanced Fund’s total return last month was -6.61%. This was made up of a growth return of -6.61% and an income return of 0%. These returns were calculated as at 28 Feb 2009.

AXA - Wholesale Diversified Balanced Fund’s total return for the last three months was -10.03%. This was made up of a growth return of -11.99% and an income return of 1.96%%. These returns were calculated as at 28 Feb 2009.

AXA - Wholesale Diversified Balanced Fund’s one-year total return is -28.14%. This was made up of a growth return of -42.37% and an income return of 14.23%. These returns were calculated as at 28 Feb 2009.

AXA - Wholesale Diversified Balanced Fund’s one-year total return is -8.44%. This was made up of a growth return of -29.71% and an income return of 21.27%. These returns were calculated as at 28 Feb 2009.

The asset allocation of the AXA - Wholesale Diversified Balanced Fund managed fund is :

Australian Equities
35.88%
International Equities
26.63%
Cash
0.25%
Property
10.25%
Fixed Interest
26.99%
Alternatives
0%

The Responsible Entity for the AXA - Wholesale Diversified Balanced Fund managed fund is AMP-National Mutual Funds Management Ltd.

The AXA - Wholesale Diversified Balanced Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 28 Feb 2009, the size of the AXA - Wholesale Diversified Balanced Fund managed fund was $1.69 million.

The AXA - Wholesale Diversified Balanced Fund managed fund has an inception date of 7 Mar 2001.

The current entry price of the AXA - Wholesale Diversified Balanced Fund managed fund is $0.3929 per unit and the current exit price is $0.3921 per unit (as at 20 Mar 2009).

The current exit price of the AXA - Wholesale Diversified Balanced Fund managed fund is $0.3921 per unit and the current entry price is $0.3929 per unit (as at 20 Mar 2009).

The minimum initial investment amount for the AXA - Wholesale Diversified Balanced Fund managed fund is $25,000.

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.