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  5. inveST Balanced Fund - Managed fund profile

inveST Balanced Fund - Managed Fund (Closed)

Fund Objective
To provide exposure to a diversified portfolio of shares, property and fixed interest instruments in Australia and overseas. To provide a gross return that exceeds the Fund's benchmark over the long term.
Fund Strategy
The Fund invests in Underlying Funds which predominantly invest in unit trusts, shares, and fixed interest instruments listed or about to be listed on various Australian and international markets.

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 1.16% 1.53% 4.24% 11.88% 16.24% 9.52% 10.29% -%
Growth return 1.16% 1.34% 3.56% 7.53% 12.45% 4.49% 5.7% -%
Income return 0% 0.19% 0.68% 4.35% 3.79% 5.03% 4.59% -%
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 31 May 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

inveST Balanced Fund
Australian Equities
29.89%
International Equities
29.89%
Cash
8.35%
Property
9.81%
Fixed Interest
22.06%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.54%
International Equities
34.01%
Cash
5.65%
Property
6.82%
Fixed Interest
21.54%
Alternatives
4.45%

General Information

Fund Details
Type Description
inveST Balanced Fund
Closed
State Trustees Limited
STT0009AU
Multisector Growth
starstarstar (as at 31 May 2014)
Investment Fund
1 Jan 2009
$38.99 million (as at 30 May 2014)
$1.35905 (as at 24 Jun 2014)
$1.35335 (as at 24 Jun 2014)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.72% (as at 30 Jun 2013)
Performance fee (not included in ICR) 0.07
Minimum initial investment $2,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

FAQs about the inveST Balanced Fund

The objective of the inveST Balanced Fund managed fund is To provide exposure to a diversified portfolio of shares, property and fixed interest instruments in Australia and overseas. To provide a gross return that exceeds the Fund's benchmark over the long term.

The strategy of the inveST Balanced Fund managed fund is The Fund invests in Underlying Funds which predominantly invest in unit trusts, shares, and fixed interest instruments listed or about to be listed on various Australian and international markets.

The APIR code of the inveST Balanced Fund managed fund is STT0009AU.

inveST Balanced Fund’s total return last month was 1.16%. This was made up of a growth return of 1.16% and an income return of 0%. These returns were calculated as at 31 May 2014.

inveST Balanced Fund’s total return for the last three months was 1.53%. This was made up of a growth return of 1.34% and an income return of 0.19%%. These returns were calculated as at 31 May 2014.

inveST Balanced Fund’s one-year total return is 11.88%. This was made up of a growth return of 7.53% and an income return of 4.35%. These returns were calculated as at 31 May 2014.

inveST Balanced Fund’s one-year total return is 9.52%. This was made up of a growth return of 4.49% and an income return of 5.03%. These returns were calculated as at 31 May 2014.

The asset allocation of the inveST Balanced Fund managed fund is :

Australian Equities
29.89%
International Equities
29.89%
Cash
8.35%
Property
9.81%
Fixed Interest
22.06%
Alternatives
0%

The Responsible Entity for the inveST Balanced Fund managed fund is State Trustees Limited.

The inveST Balanced Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 30 May 2014, the size of the inveST Balanced Fund managed fund was $38.99 million.

The inveST Balanced Fund managed fund has an inception date of 1 Jan 2009.

The current entry price of the inveST Balanced Fund managed fund is $1.35905 per unit and the current exit price is $1.35335 per unit (as at 24 Jun 2014).

The current exit price of the inveST Balanced Fund managed fund is $1.35335 per unit and the current entry price is $1.35905 per unit (as at 24 Jun 2014).

The minimum initial investment amount for the inveST Balanced Fund managed fund is $2,000. Minimum additional investment is $1000.

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.