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  5. Care Conservative Balanced Pension - Managed fund profile

Care Conservative Balanced Pension - Managed Fund

Fund Objective
To achieve returns after fees that exceed the inflation rate (as measured by the CPI) by at least 2.5% per year over rolling 5-year periods. Over shorter periods, ensure as far as possible that the amounts credited to members each year are competitive with those credited by comparable options in other superannuation funds. To achieve positive returns after fees in at least 8 out of 10 financial years.
Fund Strategy
Australian shares 21%, Overseas shares 16%, Property 6%, Growth alternatives 7%, Defensive alternatives 5%, Fixed Interest 25%, Cash 20%.

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 -0.24% 1.4% 4.54% 8.51% 8.43% 5.06% 5.3% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.87% 3.64% 4.85% 11.1% 9.3% 5.06% 4.67% 5.86%
As at 31 Dec 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Care Conservative Balanced Pension
Australian Equities
16%
International Equities
25.73%
Cash
20%
Property
7%
Fixed Interest
10%
Alternatives
21.27%
Average Allocation of Peers
Australian Equities
15.97%
International Equities
28.38%
Cash
7.11%
Property
3.74%
Fixed Interest
36.50%
Alternatives
8.30%

General Information

Fund Details
Type Description
Care Conservative Balanced Pension
CARE Super Pty Ltd
Multisector Balanced
Not Rated
Allocated Pension
1 Aug 2007
$922.16 million (as at 31 Dec 2024)
$2.36867 (as at 3 Oct 2024)
$2.36677 (as at 3 Oct 2024)
Open
Offer information
Type Description
MER 0.69% (as at 1 Nov 2024)
Indirect Cost Ratio (ICR) 0.48% (as at 30 Jun 2013)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount $1,000.00

FAQs about the Care Conservative Balanced Pension

The objective of the Care Conservative Balanced Pension managed fund is To achieve returns after fees that exceed the inflation rate (as measured by the CPI) by at least 2.5% per year over rolling 5-year periods. Over shorter periods, ensure as far as possible that the amounts credited to members each year are competitive with those credited by comparable options in other superannuation funds. To achieve positive returns after fees in at least 8 out of 10 financial years.

The strategy of the Care Conservative Balanced Pension managed fund is Australian shares 21%, Overseas shares 16%, Property 6%, Growth alternatives 7%, Defensive alternatives 5%, Fixed Interest 25%, Cash 20%.

The APIR code of the Care Conservative Balanced Pension managed fund is .

Care Conservative Balanced Pension’s total return last month was -0.24%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2024.

Care Conservative Balanced Pension’s total return for the last three months was 1.4%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Dec 2024.

Care Conservative Balanced Pension’s one-year total return is 8.51%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2024.

Care Conservative Balanced Pension’s one-year total return is 5.06%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2024.

The asset allocation of the Care Conservative Balanced Pension managed fund is :

Australian Equities
16%
International Equities
25.73%
Cash
20%
Property
7%
Fixed Interest
10%
Alternatives
21.27%

The Responsible Entity for the Care Conservative Balanced Pension managed fund is CARE Super Pty Ltd.

The Care Conservative Balanced Pension managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Dec 2024, the size of the Care Conservative Balanced Pension managed fund was $922.16 million.

The Care Conservative Balanced Pension managed fund has an inception date of 1 Aug 2007.

The current entry price of the Care Conservative Balanced Pension managed fund is $2.36867 per unit and the current exit price is $2.36677 per unit (as at 3 Oct 2024).

The current exit price of the Care Conservative Balanced Pension managed fund is $2.36677 per unit and the current entry price is $2.36867 per unit (as at 3 Oct 2024).

The minimum initial investment amount for the Care Conservative Balanced Pension 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.