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  5. Murray - Darling Basin Balanced Water - Managed fund profile

Murray - Darling Basin Balanced Water - Managed Fund

Fund Objective
The Fund's financial objective is to achieve long term capital appreciation of its Water Entitlement portfolio, in addition to yield from the lease of entitlements and the sale of temporary Water Allocation(s) not used for environmental watering.
Fund Strategy
To invest in sMDB water entitlements.

Fund Performance Comparison

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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

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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 0.11% 0.27% 0.65% -3.58% -3.21% 2.28% 2.33% -%
Growth return 0.11% 0.27% 0.2% -4.01% -3.91% 1.07% 1.18% -%
Income return 0% 0% 0.45% 0.43% 0.7% 1.21% 1.15% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
25.08%
Australian Equities
5.48%
International Equities
9.60%
Cash
22.88%
Property
1.84%
Fixed Interest
35.12%

General Information

Fund Details
Type Description
Murray - Darling Basin Balanced Water
KIL0001AU
Miscellaneous
Not Rated
Investment Fund
30 Nov 2015
n/a
$2.10212 (as at 31 Oct 2024)
$2.0812 (as at 31 Oct 2024)
Open
Offer information
Type Description
MER 0.55% (as at 20 Feb 2024)
Minimum initial investment $50,000
Minimum additional investments $5,000.00

FAQs about the Murray - Darling Basin Balanced Water

The objective of the Murray - Darling Basin Balanced Water managed fund is The Fund's financial objective is to achieve long term capital appreciation of its Water Entitlement portfolio, in addition to yield from the lease of entitlements and the sale of temporary Water Allocation(s) not used for environmental watering.

The strategy of the Murray - Darling Basin Balanced Water managed fund is To invest in sMDB water entitlements.

The APIR code of the Murray - Darling Basin Balanced Water managed fund is KIL0001AU.

Murray - Darling Basin Balanced Water’s total return last month was 0.11%. This was made up of a growth return of 0.11% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Murray - Darling Basin Balanced Water’s total return for the last three months was 0.27%. This was made up of a growth return of 0.27% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Murray - Darling Basin Balanced Water’s one-year total return is -3.58%. This was made up of a growth return of -4.01% and an income return of 0.43%. These returns were calculated as at 31 Oct 2024.

Murray - Darling Basin Balanced Water’s one-year total return is 2.28%. This was made up of a growth return of 1.07% and an income return of 1.21%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Murray - Darling Basin Balanced Water managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The Murray - Darling Basin Balanced Water managed fund belongs to the Miscellaneous sector/asset class.

As at , the size of the Murray - Darling Basin Balanced Water managed fund was $ million.

The Murray - Darling Basin Balanced Water managed fund has an inception date of 30 Nov 2015.

The current entry price of the Murray - Darling Basin Balanced Water managed fund is $2.10212 per unit and the current exit price is $2.0812 per unit (as at 31 Oct 2024).

The current exit price of the Murray - Darling Basin Balanced Water managed fund is $2.0812 per unit and the current entry price is $2.10212 per unit (as at 31 Oct 2024).

The minimum initial investment amount for the Murray - Darling Basin Balanced Water managed fund is $50,000. Minimum additional investment is $5000.

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.