Pendal Balanced Returns - Managed Fund

Fund Objective

The Fund aims to provide a return (before fees, costs and taxes) that exceeds the Fund's benchmark over the medium to long term.

Fund Strategy

This Fund is designed for investors who want the potential for long term capital growth and income, diversification across a broad range of asset classes and are prepared to accept some variability of returns. The Fund invests in Australian and international shares, Australian and international listed property securities, Australian and international fixed interest, cash and alternative investments. The Fund may also use derivatives. The Fund has a higher weighting towards growth assets than defensive assets.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

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.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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	1.06%	0.79%	6.14%	6.69%	4.9%	3.17%	4.98%	5.55%
Growth return	1.06%	0.48%	5.49%	4.32%	1.5%	-0.34%	1.51%	1.75%
Income return	0%	0.31%	0.65%	2.37%	3.4%	3.51%	3.47%	3.8%
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 May 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Pendal Balanced Returns

Australian Equities: 21.70%

International Equities: 25.40%

Cash: 5.33%

Property & Infrastructure: 4.58%

Fixed Interest: 28.50%

Alternatives: 14.48%

Average Allocation of Peers

Australian Equities: 16.39%

International Equities: 27.86%

Cash: 8.26%

Property & Infrastructure: 3.78%

Fixed Interest: 36.21%

Alternatives: 7.50%

General Information

Fund Details

Type	Description
Fund Name	Pendal Balanced Returns
Responsible Entity	BT Funds Management Ltd
APIR Code	BTA0806AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	(as at 31 May 2024)
Legal Structure	Investment Fund
Fund Inception	1 Dec 1989
Fund Size	$17.99 million (as at 31 May 2024)
Entry Price	$2.4507 (as at 18 Jun 2024)
Exit Price	$2.4507 (as at 18 Jun 2024)
Fund Status	Finalised

Offer information

Type	Description
MER	0.88% (as at 11 Apr 2024)
Indirect Cost Ratio (ICR) - Estimated	0.88% (as at 30 Jun 2024) (Estimated)
Performance fee (included in ICR)	0
Minimum initial investment	$500,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 May 2024)

Holding (as at 31 May 2024)	Type	% of Portfolio
BHP Group Ltd	Equity	2.80%
Login now to view the complete list of holdings.

FAQs about the Pendal Balanced Returns

What is the objective of the Pendal Balanced Returns managed fund?

The objective of the Pendal Balanced Returns managed fund is The Fund aims to provide a return (before fees, costs and taxes) that exceeds the Fund's benchmark over the medium to long term.

What is the strategy for the Pendal Balanced Returns managed fund?

The strategy of the Pendal Balanced Returns managed fund is This Fund is designed for investors who want the potential for long term capital growth and income, diversification across a broad range of asset classes and are prepared to accept some variability of returns. The Fund invests in Australian and international shares, Australian and international listed property securities, Australian and international fixed interest, cash and alternative investments. The Fund may also use derivatives. The Fund has a higher weighting towards growth assets than defensive assets.

What is the APIR code of the Pendal Balanced Returns managed fund?

The APIR code of the Pendal Balanced Returns managed fund is BTA0806AU.

What was Pendal Balanced Returns’s total return last month?

Pendal Balanced Returns’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 31 May 2024.

What was Pendal Balanced Returns’s total return for the last three months?

Pendal Balanced Returns’s total return for the last three months was 0.79%. This was made up of a growth return of 0.48% and an income return of 0.31%%. These returns were calculated as at 31 May 2024.

What is Pendal Balanced Returns’s one-year total return?

Pendal Balanced Returns’s one-year total return is 6.69%. This was made up of a growth return of 4.32% and an income return of 2.37%. These returns were calculated as at 31 May 2024.

What is Pendal Balanced Returns’s three-year total return?

Pendal Balanced Returns’s one-year total return is 3.17%. This was made up of a growth return of -0.34% and an income return of 3.51%. These returns were calculated as at 31 May 2024.

What is the asset allocation of the Pendal Balanced Returns managed fund?

The asset allocation of the Pendal Balanced Returns managed fund is :

Australian Equities: 21.70%

International Equities: 25.40%

Cash: 5.33%

Property & Infrastructure: 4.58%

Fixed Interest: 28.50%

Alternatives: 14.48%

Who is the responsible Entity of the Pendal Balanced Returns managed fund?

The Responsible Entity for the Pendal Balanced Returns managed fund is BT Funds Management Ltd.

What sector/asset class does the Pendal Balanced Returns managed fund belong to?

The Pendal Balanced Returns managed fund belongs to the Multisector Balanced sector/asset class.

What is the size of the Pendal Balanced Returns managed fund?

As at 31 May 2024, the size of the Pendal Balanced Returns managed fund was $17.99 million.

What is the inception date of the Pendal Balanced Returns managed fund?

The Pendal Balanced Returns managed fund has an inception date of 1 Dec 1989.

What is the current entry price of the Pendal Balanced Returns managed fund?

The current entry price of the Pendal Balanced Returns managed fund is $2.4507 per unit and the current exit price is $2.4507 per unit (as at 18 Jun 2024).

What is the current exit price of the Pendal Balanced Returns managed fund?

The current exit price of the Pendal Balanced Returns managed fund is $2.4507 per unit and the current entry price is $2.4507 per unit (as at 18 Jun 2024).

What is the minimum investment amount for the Pendal Balanced Returns managed fund?

The minimum initial investment amount for the Pendal Balanced Returns managed fund is $500,000. Minimum additional investment is $0.

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.

What our members say about us