Macquarie Balanced Growth - Managed Fund

Fund Objective

The Fund aims to outperform the Macquarie Balanced Growth Structured Benchmark over the medium term (before fees). It aims to provide a balanced level of growth and income.

Fund Strategy

The Fund provides exposure to a diversified portfolio of growth assets, including shares and alternative assets, with some exposure to cash and fixed interest. It aims to deliver above index returns through an active investment approach that identifies and pursues investment opportunities within set limits through a combination of active management within each asset class and tactical asset allocation across asset classes to meet the objective of the Fund.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.3%	1.68%	5.93%	16.1%	8.65%	3.96%	5.91%	7.04%
Growth return	-0.3%	1.68%	-6.04%	2.16%	1.16%	-1.07%	0.1%	1.22%
Income return	0%	0%	11.97%	13.94%	7.49%	5.03%	5.81%	5.82%
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 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Balanced Growth

Australian Equities: 24.10%

International Equities: 28.98%

Cash: 15%

Property: 2.85%

Fixed Interest: 24.61%

Alternatives: 4.46%

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
Fund Name	Macquarie Balanced Growth
APIR Code	MAQ0048AU
Sector/Asset Class	Multisector Growth
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	23 Feb 1994
Fund Size	$608.01 million (as at 31 Oct 2024)
Entry Price	$1.1949 (as at 26 Nov 2024)
Exit Price	$1.1902 (as at 26 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.70% (as at 1 Jul 2023)
Indirect Cost Ratio (ICR)	0.67% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0
Minimum initial investment	$500,000
Minimum additional investments	$500.00
Minimum redemption amount	$500.00

FAQs about the Macquarie Balanced Growth

What is the objective of the Macquarie Balanced Growth managed fund?

The objective of the Macquarie Balanced Growth managed fund is The Fund aims to outperform the Macquarie Balanced Growth Structured Benchmark over the medium term (before fees). It aims to provide a balanced level of growth and income.

What is the strategy for the Macquarie Balanced Growth managed fund?

The strategy of the Macquarie Balanced Growth managed fund is The Fund provides exposure to a diversified portfolio of growth assets, including shares and alternative assets, with some exposure to cash and fixed interest. It aims to deliver above index returns through an active investment approach that identifies and pursues investment opportunities within set limits through a combination of active management within each asset class and tactical asset allocation across asset classes to meet the objective of the Fund.

What is the APIR code of the Macquarie Balanced Growth managed fund?

The APIR code of the Macquarie Balanced Growth managed fund is MAQ0048AU.

What was Macquarie Balanced Growth’s total return last month?

Macquarie Balanced Growth’s total return last month was -0.3%. This was made up of a growth return of -0.3% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was Macquarie Balanced Growth’s total return for the last three months?

Macquarie Balanced Growth’s total return for the last three months was 1.68%. This was made up of a growth return of 1.68% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

What is Macquarie Balanced Growth’s one-year total return?

Macquarie Balanced Growth’s one-year total return is 16.1%. This was made up of a growth return of 2.16% and an income return of 13.94%. These returns were calculated as at 31 Oct 2024.

What is Macquarie Balanced Growth’s three-year total return?

Macquarie Balanced Growth’s one-year total return is 3.96%. This was made up of a growth return of -1.07% and an income return of 5.03%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Macquarie Balanced Growth managed fund?

The asset allocation of the Macquarie Balanced Growth managed fund is :

Australian Equities: 24.10%

International Equities: 28.98%

Cash: 15%

Property: 2.85%

Fixed Interest: 24.61%

Alternatives: 4.46%

What sector/asset class does the Macquarie Balanced Growth managed fund belong to?

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

What is the size of the Macquarie Balanced Growth managed fund?

As at 31 Oct 2024, the size of the Macquarie Balanced Growth managed fund was $608.01 million.

What is the inception date of the Macquarie Balanced Growth managed fund?

The Macquarie Balanced Growth managed fund has an inception date of 23 Feb 1994.

What is the current entry price of the Macquarie Balanced Growth managed fund?

The current entry price of the Macquarie Balanced Growth managed fund is $1.1949 per unit and the current exit price is $1.1902 per unit (as at 26 Nov 2024).

What is the current exit price of the Macquarie Balanced Growth managed fund?

The current exit price of the Macquarie Balanced Growth managed fund is $1.1902 per unit and the current entry price is $1.1949 per unit (as at 26 Nov 2024).

What is the minimum investment amount for the Macquarie Balanced Growth managed fund?

The minimum initial investment amount for the Macquarie Balanced Growth managed fund is $500,000. Minimum additional investment is $500.

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.

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