InvestSMART

Murray - Darling Basin Balanced Water - Managed Fund

Fund Objective
To invest in sMDB water entitlements.
Fund Strategy
To invest in sMDB water entitlements.

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 0.21% 0.58% 3.48% 5.41% 2.92% -0.32% 4.11% 8.81%
Growth return 0.38% 2.64% 5.13% 3.44% 0.98% -1.38% 2.26% 7.89%
Income return -0.17% -2.06% -1.65% 1.97% 1.94% 1.06% 1.85% 0.92%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.31% 0.92% 1.82% 3.77% 4.09% 4.08% 2.82% 2.12%
As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Murray - Darling Basin Balanced Water
Cash
0.38%
Alternatives
99.62%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
55.27%
Alternatives
18.70%
Australian Equities
4.76%
International Equities
3.24%
Property & Infrastructure
2%
Fixed Interest
16.04%

General Information

Fund Details
Type Description
Murray - Darling Basin Balanced Water
KIL0001AU
Miscellaneous
Not Rated
Investment Fund
30 Nov 2015
n/a
$2.18295 (as at 31 Jan 2026)
$2.16123 (as at 31 Jan 2026)
Open
Offer information
Type Description
MER 0% (as at 1 Jun 2025)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2024)
Minimum initial investment $50,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Water Entitlements 90.10%
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FAQs about the Murray - Darling Basin Balanced Water

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

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 0.21%. This was made up of a growth return of 0.38% and an income return of -0.17%. These returns were calculated as at 31 Jan 2026.

Murray - Darling Basin Balanced Water’s total return for the last three months was 0.58%. This was made up of a growth return of 2.64% and an income return of -2.06%%. These returns were calculated as at 31 Jan 2026.

Murray - Darling Basin Balanced Water’s one-year total return is 5.41%. This was made up of a growth return of 3.44% and an income return of 1.97%. These returns were calculated as at 31 Jan 2026.

Murray - Darling Basin Balanced Water’s one-year total return is -0.32%. This was made up of a growth return of -1.38% and an income return of 1.06%. These returns were calculated as at 31 Jan 2026.

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

Cash
0.38%
Alternatives
99.62%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
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 $2.18295 per unit and the current exit price is $2.16123 per unit (as at 31 Jan 2026).

The current exit price of the Murray - Darling Basin Balanced Water managed fund is $2.16123 per unit and the current entry price is $2.18295 per unit (as at 31 Jan 2026).

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.