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  5. BlackRock Balanced Multi-index D - Managed fund profile

BlackRock Balanced Multi-index D - Managed Fund

Fund Objective
The Fund is constructed to provide a long-term core asset allocation matching the target benchmark asset allocation (i.e. the SAA). The SAA, which is reviewed annually, is implemented efficiently using passive index funds managed by iShares/BlackRock. The portfolio is rebalanced monthly to ensure the asset class exposures stay close to the benchmark weights.
Fund Strategy
The Fund aims to provide investors with the performance of its composite benchmark, before fees and the cost of hedging. The composite benchmark comprises a portfolio of published indices that provide exposure to a range of domestic and global asset classes, consistent with a 50:50 Balanced strategic asset allocation.

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 0.94% 0.22% 5.04% 10.13% 9.13% 3.36% -% -%
Growth return -3.58% -4.27% 0.16% 4.15% 5.87% -0.6% -% -%
Income return 4.52% 4.49% 4.88% 5.98% 3.26% 3.96% -% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 0.99% -0.33% 4.17% 9.16% 8.36% 2.5% 4.35% 5.84%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Balanced Multi-index D
Australian Equities
18.10%
International Equities
29.66%
Cash
9.39%
Property
3.32%
Fixed Interest
34.59%
Alternatives
4.94%
Average Allocation of Peers
Australian Equities
16.18%
International Equities
27.05%
Cash
10.40%
Property
4.14%
Fixed Interest
36.55%
Alternatives
5.67%

General Information

Fund Details
Type Description
BlackRock Balanced Multi-index D
BlackRock Investment Mgmt (AUS) Ltd
BLK1918AU
Multisector Balanced
starstarstar (as at 30 Jun 2024)
Investment Fund
16 Sep 2019
$96.19 million (as at 31 May 2024)
$1.01036 (as at 23 Jul 2024)
$1.00874 (as at 23 Jul 2024)
Open
Offer information
Type Description
MER 0.19% (as at 28 Mar 2024)
Indirect Cost Ratio (ICR) 0.19% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $50,000
Minimum additional investments

Top 10 holdings (as at 30 Apr 2024)

Holding (as at 30 Apr 2024) Type % of Portfolio
iShares Wholesale Australian Eq Idx E Mutual Fund - Open End 19.05%
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FAQs about the BlackRock Balanced Multi-index D

The objective of the BlackRock Balanced Multi-index D managed fund is The Fund is constructed to provide a long-term core asset allocation matching the target benchmark asset allocation (i.e. the SAA). The SAA, which is reviewed annually, is implemented efficiently using passive index funds managed by iShares/BlackRock. The portfolio is rebalanced monthly to ensure the asset class exposures stay close to the benchmark weights.

The strategy of the BlackRock Balanced Multi-index D managed fund is The Fund aims to provide investors with the performance of its composite benchmark, before fees and the cost of hedging. The composite benchmark comprises a portfolio of published indices that provide exposure to a range of domestic and global asset classes, consistent with a 50:50 Balanced strategic asset allocation.

The APIR code of the BlackRock Balanced Multi-index D managed fund is BLK1918AU.

BlackRock Balanced Multi-index D’s total return last month was 0.94%. This was made up of a growth return of -3.58% and an income return of 4.52%. These returns were calculated as at 30 Jun 2024.

BlackRock Balanced Multi-index D’s total return for the last three months was 0.22%. This was made up of a growth return of -4.27% and an income return of 4.49%%. These returns were calculated as at 30 Jun 2024.

BlackRock Balanced Multi-index D’s one-year total return is 10.13%. This was made up of a growth return of 4.15% and an income return of 5.98%. These returns were calculated as at 30 Jun 2024.

BlackRock Balanced Multi-index D’s one-year total return is 3.36%. This was made up of a growth return of -0.6% and an income return of 3.96%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the BlackRock Balanced Multi-index D managed fund is :

Australian Equities
18.10%
International Equities
29.66%
Cash
9.39%
Property
3.32%
Fixed Interest
34.59%
Alternatives
4.94%

The Responsible Entity for the BlackRock Balanced Multi-index D managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock Balanced Multi-index D managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 May 2024, the size of the BlackRock Balanced Multi-index D managed fund was $96.19 million.

The BlackRock Balanced Multi-index D managed fund has an inception date of 16 Sep 2019.

The current entry price of the BlackRock Balanced Multi-index D managed fund is $1.01036 per unit and the current exit price is $1.00874 per unit (as at 23 Jul 2024).

The current exit price of the BlackRock Balanced Multi-index D managed fund is $1.00874 per unit and the current entry price is $1.01036 per unit (as at 23 Jul 2024).

The minimum initial investment amount for the BlackRock Balanced Multi-index D managed fund is $50,000. 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.