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  5. ING DIRECT Pension Option Growth - Managed fund profile

ING DIRECT Pension Option Growth - Managed Fund (Closed)

Fund Objective
Aims to provide long term capital growth with income built into the unit price. Aims to achieve a 3.0% average annual return above inflation (CPI) over 6 years before fees and taxes.
Fund Strategy
The long term asset allocation is 70% growth assets and 30% income assets. This option invests in Cash, Australian Fixed Interest, Australian Shares, International Shares and Australian Listed Property. The option can invest directly or indirectly (via managed investments). Asset allocation is balanced back to the long term target.

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 4.57% -0.99% 2.64% 4.38% -0.03% 3.86% 6.23% 6.77%
Growth return 4.57% -0.99% 2.64% 4.38% -0.03% 3.86% 6.23% 6.77%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
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 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ING DIRECT Pension Option Growth
Australian Equities
35.70%
International Equities
31.61%
Cash
18.06%
Property
5.37%
Fixed Interest
9.26%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.51%
International Equities
34.07%
Cash
5.57%
Property
6.79%
Fixed Interest
21.68%
Alternatives
4.38%

General Information

Fund Details
Type Description
ING DIRECT Pension Option Growth
Closed
Trust Company (Superannuation) Limited
TCS0016AU
Multisector Growth
starstarstar (as at 30 Nov 2023)
Allocated Pension
2 Oct 2012
$18.54 million (as at 30 Nov 2023)
$2.3605 (as at 30 Nov 2023)
$2.3579 (as at 30 Nov 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.25% (as at 30 Jun 2015)
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2016)

Holding (as at 30 Jun 2016) Type % of Portfolio
GROWTH FND Mutual Fund - CIT 100%

FAQs about the ING DIRECT Pension Option Growth

The objective of the ING DIRECT Pension Option Growth managed fund is Aims to provide long term capital growth with income built into the unit price. Aims to achieve a 3.0% average annual return above inflation (CPI) over 6 years before fees and taxes.

The strategy of the ING DIRECT Pension Option Growth managed fund is The long term asset allocation is 70% growth assets and 30% income assets. This option invests in Cash, Australian Fixed Interest, Australian Shares, International Shares and Australian Listed Property. The option can invest directly or indirectly (via managed investments). Asset allocation is balanced back to the long term target.

The APIR code of the ING DIRECT Pension Option Growth managed fund is TCS0016AU.

ING DIRECT Pension Option Growth’s total return last month was 4.57%. This was made up of a growth return of 4.57% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

ING DIRECT Pension Option Growth’s total return for the last three months was -0.99%. This was made up of a growth return of -0.99% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

ING DIRECT Pension Option Growth’s one-year total return is 4.38%. This was made up of a growth return of 4.38% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

ING DIRECT Pension Option Growth’s one-year total return is 3.86%. This was made up of a growth return of 3.86% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

The asset allocation of the ING DIRECT Pension Option Growth managed fund is :

Australian Equities
35.70%
International Equities
31.61%
Cash
18.06%
Property
5.37%
Fixed Interest
9.26%
Alternatives
0%

The Responsible Entity for the ING DIRECT Pension Option Growth managed fund is Trust Company (Superannuation) Limited.

The ING DIRECT Pension Option Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Nov 2023, the size of the ING DIRECT Pension Option Growth managed fund was $18.54 million.

The ING DIRECT Pension Option Growth managed fund has an inception date of 2 Oct 2012.

The current entry price of the ING DIRECT Pension Option Growth managed fund is $2.3605 per unit and the current exit price is $2.3579 per unit (as at 30 Nov 2023).

The current exit price of the ING DIRECT Pension Option Growth managed fund is $2.3579 per unit and the current entry price is $2.3605 per unit (as at 30 Nov 2023).

The minimum initial investment amount for the ING DIRECT Pension Option Growth managed fund is $20,000. 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.