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  5. Brighter Optimiser Ironbark Pal Property - Pension - Managed fund profile

Brighter Optimiser Ironbark Pal Property - Pension - Managed Fund

Fund Objective
The investment objective of the fund is to outperform its benchmark, the S&P/ASX 300 Australian Real Estate Investment Trust (A-REIT) Accumulation Index, after fees, over rolling 3-year periods.
Fund Strategy
The fund invests predominately in Australian property trusts and property related securities with some exposure to cash investments. The fund may also invest in unlisted Initial Public Offering ('IPO') securities, provided those securities are expected to be listed within three months of issue.

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 -8.07% 5.29% 32.48% 21.71% 2.89% 7.32% 6.71% -%
Growth return -8.07% 5.29% -% 21.71% 2.89% 7.32% 6.71% -%
Income return 0% 0% -% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return -2.51% 4.46% 14.2% 52.18% 21.11% 8.02% 6.24% 9.27%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Brighter Optimiser Ironbark Pal Property - Pension
Cash
0.32%
Property
99.67%
Alternatives
0.01%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
1.83%
Property
95.02%
Alternatives
0.04%
Australian Equities
2.12%
International Equities
0.75%
Fixed Interest
0.25%

General Information

Fund Details
Type Description
Brighter Optimiser Ironbark Pal Property - Pension
Suncorp Portfolio Services Limited
RSA0937AU
Equity Australia Real Estate
starstarstarstar (as at 30 Apr 2024)
Allocated Pension
30 May 2016
$6.92 million (as at 31 Mar 2023)
$5.05899 (as at 30 May 2024)
$5.05899 (as at 30 May 2024)
Finalised
Offer information
Type Description
MER 1.19% (as at 12 Dec 2023)
Indirect Cost Ratio (ICR) 1.45% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2023)

Holding (as at 31 Jul 2023) Type % of Portfolio
Goodman Group Equity 29.55%
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FAQs about the Brighter Optimiser Ironbark Pal Property - Pension

The objective of the Brighter Optimiser Ironbark Pal Property - Pension managed fund is The investment objective of the fund is to outperform its benchmark, the S&P/ASX 300 Australian Real Estate Investment Trust (A-REIT) Accumulation Index, after fees, over rolling 3-year periods.

The strategy of the Brighter Optimiser Ironbark Pal Property - Pension managed fund is The fund invests predominately in Australian property trusts and property related securities with some exposure to cash investments. The fund may also invest in unlisted Initial Public Offering ('IPO') securities, provided those securities are expected to be listed within three months of issue.

The APIR code of the Brighter Optimiser Ironbark Pal Property - Pension managed fund is RSA0937AU.

Brighter Optimiser Ironbark Pal Property - Pension’s total return last month was -8.07%. This was made up of a growth return of -8.07% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Ironbark Pal Property - Pension’s total return for the last three months was 5.29%. This was made up of a growth return of 5.29% and an income return of 0%%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Ironbark Pal Property - Pension’s one-year total return is 21.71%. This was made up of a growth return of 21.71% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Ironbark Pal Property - Pension’s one-year total return is 7.32%. This was made up of a growth return of 7.32% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the Brighter Optimiser Ironbark Pal Property - Pension managed fund is :

Cash
0.32%
Property
99.67%
Alternatives
0.01%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%

The Responsible Entity for the Brighter Optimiser Ironbark Pal Property - Pension managed fund is Suncorp Portfolio Services Limited.

The Brighter Optimiser Ironbark Pal Property - Pension managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 Mar 2023, the size of the Brighter Optimiser Ironbark Pal Property - Pension managed fund was $6.92 million.

The Brighter Optimiser Ironbark Pal Property - Pension managed fund has an inception date of 30 May 2016.

The current entry price of the Brighter Optimiser Ironbark Pal Property - Pension managed fund is $5.05899 per unit and the current exit price is $5.05899 per unit (as at 30 May 2024).

The current exit price of the Brighter Optimiser Ironbark Pal Property - Pension managed fund is $5.05899 per unit and the current entry price is $5.05899 per unit (as at 30 May 2024).

The minimum initial investment amount for the Brighter Optimiser Ironbark Pal Property - Pension managed fund is $0. 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.