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  5. IOOF OPS BlackRock Balanced - Managed fund profile

IOOF OPS BlackRock Balanced - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform peer performance consistent with a 'growth' orientated investment strategy encompassing: ? a broadly diversified exposure to Australian and international assets; ? active asset allocation; security selection and risk management; and ? flexibility to deviate meaningfully from the strategic asset allocation to help manage total portfolio risk.
Fund Strategy
The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based 'growth' investment portfolio. The Fund's strategy is built around two steps: ? establishing the most appropriate strategic benchmark subject to the growth/income splits and market risk exposures of the Fund.

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 1.06% -0.53% 1.99% 20.62% -3.53% -1.89% -% -%
Growth return 1.06% -0.53% 1.99% 20.62% -3.53% -1.89% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD )
Total return 1.08% -0.47% 5.48% 11.33% 11.02% 4.26% 6.18% 7.35%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF OPS BlackRock Balanced
Australian Equities
26.61%
International Equities
20.97%
Cash
14.12%
Property
4.37%
Fixed Interest
33.93%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.46%
International Equities
32.79%
Cash
6.83%
Property
7.13%
Fixed Interest
21.32%
Alternatives
4.47%

General Information

Fund Details
Type Description
IOOF OPS BlackRock Balanced
Closed
IOOF Global One Limited
ASK0922AU
Multisector Growth
starstarstarstar (as at 28 Feb 2010)
Allocated Pension
1 Nov 2006
$23.92 million (as at 28 Feb 2010)
$9.94507 (as at 26 Feb 2010)
$9.91032 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 2.10% (as at 30 Jun 2009)
Minimum initial investment $10,000.00

Top 10 holdings (as at 30 Apr 2024)

Holding (as at 30 Apr 2024) Type % of Portfolio
BlackRock Aus Alpha Tilts Mutual Fund - Separate Account 21.08%
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FAQs about the IOOF OPS BlackRock Balanced

The objective of the IOOF OPS BlackRock Balanced managed fund is The Fund aims to outperform peer performance consistent with a 'growth' orientated investment strategy encompassing: ? a broadly diversified exposure to Australian and international assets; ? active asset allocation; security selection and risk management; and ? flexibility to deviate meaningfully from the strategic asset allocation to help manage total portfolio risk.

The strategy of the IOOF OPS BlackRock Balanced managed fund is The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based 'growth' investment portfolio. The Fund's strategy is built around two steps: ? establishing the most appropriate strategic benchmark subject to the growth/income splits and market risk exposures of the Fund.

The APIR code of the IOOF OPS BlackRock Balanced managed fund is ASK0922AU.

IOOF OPS BlackRock Balanced’s total return last month was 1.06%. This was made up of a growth return of 1.06% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OPS BlackRock Balanced’s total return for the last three months was -0.53%. This was made up of a growth return of -0.53% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF OPS BlackRock Balanced’s one-year total return is 20.62%. This was made up of a growth return of 20.62% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OPS BlackRock Balanced’s one-year total return is -1.89%. This was made up of a growth return of -1.89% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF OPS BlackRock Balanced managed fund is :

Australian Equities
26.61%
International Equities
20.97%
Cash
14.12%
Property
4.37%
Fixed Interest
33.93%
Alternatives
0%

The Responsible Entity for the IOOF OPS BlackRock Balanced managed fund is IOOF Global One Limited.

The IOOF OPS BlackRock Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 28 Feb 2010, the size of the IOOF OPS BlackRock Balanced managed fund was $23.92 million.

The IOOF OPS BlackRock Balanced managed fund has an inception date of 1 Nov 2006.

The current entry price of the IOOF OPS BlackRock Balanced managed fund is $9.94507 per unit and the current exit price is $9.91032 per unit (as at 26 Feb 2010).

The current exit price of the IOOF OPS BlackRock Balanced managed fund is $9.91032 per unit and the current entry price is $9.94507 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF OPS BlackRock Balanced managed fund is $10,000.

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.