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  5. Morningstar Balanced Fund - Class A - Managed fund profile

Morningstar Balanced Fund - Class A - Managed Fund (Closed)

Fund Objective
Aims to achieve a moderate amount of capital growth along with some income, by investing in a diversified portfolio of growth and defensive asset classes.
Fund Strategy
An actively managed multi-asset Fund invested in both growth asset classes such as shares, property and infrastructure, and defensive asset classes such as cash and fixed interest. The Fund will be invested dynamically across managed funds, direct securities, exchange traded funds, foreign exchange contracts and/or derivatives.

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 3.65% 4.64% 2.42% -0.96% 3.24% 2.36% 3.67% 5.8%
Growth return 3.65% 4.64% 2.19% -5.79% -1.86% -3.22% -1.08% -1.1%
Income return 0% 0% 0.23% 4.83% 5.1% 5.58% 4.75% 6.9%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.42% 4.1% 5.63% 9.6% 10.37% 9.02% 6.33% 6.31%
As at 31 Jan 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Morningstar Balanced Fund - Class A
Australian Equities
17.90%
International Equities
30.85%
Cash
14.43%
Fixed Interest
36.82%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.39%
International Equities
27.86%
Cash
8.26%
Fixed Interest
36.21%
Property & Infrastructure
3.78%
Alternatives
7.50%

General Information

Fund Details
Type Description
Morningstar Balanced Fund - Class A (Wholesale)
Closed
Morningstar Investment Management Austra
INT0026AU
Multisector Balanced
starstarstarstar (as at 31 Jan 2023)
Investment Fund
11 May 2001
$0 million (as at 31 Jan 2023)
$0.74917 (as at 13 Feb 2023)
$0.74797 (as at 13 Feb 2023)
Finalised
Offer information
Type Description
MER 0.60% (as at 30 Sep 2022)
Indirect Cost Ratio (ICR) 0.61% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.01
Minimum initial investment $500,000
Minimum additional investments $100,000
Minimum redemption amount $100,000

Top 10 holdings (as at 28 Feb 2023)

Holding (as at 28 Feb 2023) Type % of Portfolio
Morningstar Australian Bonds Z Mutual Fund - Open End 18.24%
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FAQs about the Morningstar Balanced Fund - Class A

The objective of the Morningstar Balanced Fund - Class A managed fund is Aims to achieve a moderate amount of capital growth along with some income, by investing in a diversified portfolio of growth and defensive asset classes.

The strategy of the Morningstar Balanced Fund - Class A managed fund is An actively managed multi-asset Fund invested in both growth asset classes such as shares, property and infrastructure, and defensive asset classes such as cash and fixed interest. The Fund will be invested dynamically across managed funds, direct securities, exchange traded funds, foreign exchange contracts and/or derivatives.

The APIR code of the Morningstar Balanced Fund - Class A managed fund is INT0026AU.

Morningstar Balanced Fund - Class A’s total return last month was 3.65%. This was made up of a growth return of 3.65% and an income return of 0%. These returns were calculated as at 31 Jan 2023.

Morningstar Balanced Fund - Class A’s total return for the last three months was 4.64%. This was made up of a growth return of 4.64% and an income return of 0%%. These returns were calculated as at 31 Jan 2023.

Morningstar Balanced Fund - Class A’s one-year total return is -0.96%. This was made up of a growth return of -5.79% and an income return of 4.83%. These returns were calculated as at 31 Jan 2023.

Morningstar Balanced Fund - Class A’s one-year total return is 2.36%. This was made up of a growth return of -3.22% and an income return of 5.58%. These returns were calculated as at 31 Jan 2023.

The asset allocation of the Morningstar Balanced Fund - Class A managed fund is :

Australian Equities
17.90%
International Equities
30.85%
Cash
14.43%
Fixed Interest
36.82%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Morningstar Balanced Fund - Class A managed fund is Morningstar Investment Management Austra.

The Morningstar Balanced Fund - Class A managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Jan 2023, the size of the Morningstar Balanced Fund - Class A managed fund was $0 million.

The Morningstar Balanced Fund - Class A managed fund has an inception date of 11 May 2001.

The current entry price of the Morningstar Balanced Fund - Class A managed fund is $0.74917 per unit and the current exit price is $0.74797 per unit (as at 13 Feb 2023).

The current exit price of the Morningstar Balanced Fund - Class A managed fund is $0.74797 per unit and the current entry price is $0.74917 per unit (as at 13 Feb 2023).

The minimum initial investment amount for the Morningstar Balanced Fund - Class A managed fund is $500,000. Minimum additional investment is $100000.

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.