ING DIRECT Super Option Balanced - Managed Fund (Closed)

Fund Objective

Aims to provide medium to long term capital growth with income built into the unit price. Aims to achieve a 2.5% average annual return above inflation (CPI) over 4 years before fees and taxes.

Fund Strategy

The long term asset allocation is 50% growth assets and 50% income assets. This option invests in Cash, Australian shares, International shares (Hedged), International Shares. The option can invest directly or indirectly (via managed investments). Asset allocation is balanced back to the long term target.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	3.92%	-0.46%	2.14%	4.21%	0.29%	3.45%	5.29%	5.31%
Growth return	3.92%	-0.46%	2.14%	4.21%	0.29%	3.45%	5.29%	5.31%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return	-0.68%	1.17%	6.1%	16.84%	9.57%	3.59%	4.65%	5.92%

As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ING DIRECT Super Option Balanced

Australian Equities: 31.74%

International Equities: 22.74%

Cash: 45.52%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 15.88%

International Equities: 27.91%

Cash: 9.88%

Property: 3.97%

Fixed Interest: 35.49%

Alternatives: 6.87%

General Information

Fund Details

Type	Description
Fund Name	ING DIRECT Super Option Balanced
Fund Status	Closed
APIR Code	TCS0001AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	(as at 30 Nov 2023)
Legal Structure	Superannuation Fund
Fund Inception	13 Aug 2012
Fund Size	$912.47 million (as at 30 Nov 2023)
Entry Price	$1.9868 (as at 30 Nov 2023)
Exit Price	$1.9846 (as at 30 Nov 2023)
Fund Status	Finalised

Offer information

Type	Description
MER	0.75% (as at 24 Mar 2023)
Indirect Cost Ratio (ICR)	0% (as at 30 Jun 2015)
Minimum initial investment
Minimum additional investments

Top 10 holdings (as at 30 Jun 2016)

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

FAQs about the ING DIRECT Super Option Balanced

What is the objective of the ING DIRECT Super Option Balanced managed fund?

The objective of the ING DIRECT Super Option Balanced managed fund is Aims to provide medium to long term capital growth with income built into the unit price. Aims to achieve a 2.5% average annual return above inflation (CPI) over 4 years before fees and taxes.

What is the strategy for the ING DIRECT Super Option Balanced managed fund?

The strategy of the ING DIRECT Super Option Balanced managed fund is The long term asset allocation is 50% growth assets and 50% income assets. This option invests in Cash, Australian shares, International shares (Hedged), International Shares. The option can invest directly or indirectly (via managed investments). Asset allocation is balanced back to the long term target.

What is the APIR code of the ING DIRECT Super Option Balanced managed fund?

The APIR code of the ING DIRECT Super Option Balanced managed fund is TCS0001AU.

What was ING DIRECT Super Option Balanced’s total return last month?

ING DIRECT Super Option Balanced’s total return last month was 3.92%. This was made up of a growth return of 3.92% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

What was ING DIRECT Super Option Balanced’s total return for the last three months?

ING DIRECT Super Option Balanced’s total return for the last three months was -0.46%. This was made up of a growth return of -0.46% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

What is ING DIRECT Super Option Balanced’s one-year total return?

ING DIRECT Super Option Balanced’s one-year total return is 4.21%. This was made up of a growth return of 4.21% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

What is ING DIRECT Super Option Balanced’s three-year total return?

ING DIRECT Super Option Balanced’s one-year total return is 3.45%. This was made up of a growth return of 3.45% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

What is the asset allocation of the ING DIRECT Super Option Balanced managed fund?

The asset allocation of the ING DIRECT Super Option Balanced managed fund is :

Australian Equities: 31.74%

International Equities: 22.74%

Cash: 45.52%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the ING DIRECT Super Option Balanced managed fund belong to?

The ING DIRECT Super Option Balanced managed fund belongs to the Multisector Balanced sector/asset class.

What is the size of the ING DIRECT Super Option Balanced managed fund?

As at 30 Nov 2023, the size of the ING DIRECT Super Option Balanced managed fund was $912.47 million.

What is the inception date of the ING DIRECT Super Option Balanced managed fund?

The ING DIRECT Super Option Balanced managed fund has an inception date of 13 Aug 2012.

What is the current entry price of the ING DIRECT Super Option Balanced managed fund?

The current entry price of the ING DIRECT Super Option Balanced managed fund is $1.9868 per unit and the current exit price is $1.9846 per unit (as at 30 Nov 2023).

What is the current exit price of the ING DIRECT Super Option Balanced managed fund?

The current exit price of the ING DIRECT Super Option Balanced managed fund is $1.9846 per unit and the current entry price is $1.9868 per unit (as at 30 Nov 2023).

What is the minimum investment amount for the ING DIRECT Super Option Balanced managed fund?

The minimum initial investment amount for the ING DIRECT Super Option Balanced 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.

What our members say about us