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  5. PineBridge Global Dynamic Asset Allocation I - Managed fund profile

PineBridge Global Dynamic Asset Allocation I - Managed Fund

Fund Objective
To deliver an investment return of 5% in excess of the CPI as measured by the Reserve Bank of Australia Trimmed Mean, as published by the Australian Bureau of Statistics per annum before fees over rolling 5 year periods.
Fund Strategy
The fund portfolio may include, but is not limited to, equities and equity-related instruments, fixed income and other debt-related instruments, cash and cash equivalents, options, warrants, futures and other commodities, currencies, currency forwards, over the-counter derivative instruments (such as swaps), repurchase and reverse repurchase agreements, preferred stocks, convertible bonds, real estate related securities and collective investment schemes.

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 0.8% -0.49% 5.65% 13.52% 8.49% 0.54% 4.17% 4.64%
Growth return 0.8% -0.49% 5.65% 13.52% 8.49% -1.7% 0.56% 0.89%
Income return 0% 0% 0% 0% 0% 2.24% 3.61% 3.75%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PineBridge Global Dynamic Asset Allocation I
International Equities
39.73%
Cash
41.88%
Fixed Interest
18.39%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
27.73%
Cash
10.19%
Fixed Interest
35.38%
Australian Equities
15.86%
Property
3.97%
Alternatives
6.87%

General Information

Fund Details
Type Description
PineBridge Global Dynamic Asset Allocation I
Perpetual Trust Services Limited
PER0731AU
Multisector Flexible
starstarstar (as at 31 Oct 2024)
Investment Fund
29 Jul 2014
$524.14 million (as at 20 Nov 2024)
$1.1698 (as at 20 Nov 2024)
$1.1651 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 1.05% (as at 10 Jul 2023)
Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Microsoft Corp Equity 5.17%
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FAQs about the PineBridge Global Dynamic Asset Allocation I

The objective of the PineBridge Global Dynamic Asset Allocation I managed fund is To deliver an investment return of +5% in excess of the CPI as measured by the Reserve Bank of Australia Trimmed Mean, as published by the Australian Bureau of Statistics per annum before fees over rolling 5 year periods.

The strategy of the PineBridge Global Dynamic Asset Allocation I managed fund is The fund portfolio may include, but is not limited to, equities and equity-related instruments, fixed income and other debt-related instruments, cash and cash equivalents, options, warrants, futures and other commodities, currencies, currency forwards, over the-counter derivative instruments (such as swaps), repurchase and reverse repurchase agreements, preferred stocks, convertible bonds, real estate related securities and collective investment schemes.

The APIR code of the PineBridge Global Dynamic Asset Allocation I managed fund is PER0731AU.

PineBridge Global Dynamic Asset Allocation I’s total return last month was 0.8%. This was made up of a growth return of 0.8% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

PineBridge Global Dynamic Asset Allocation I’s total return for the last three months was -0.49%. This was made up of a growth return of -0.49% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

PineBridge Global Dynamic Asset Allocation I’s one-year total return is 13.52%. This was made up of a growth return of 13.52% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

PineBridge Global Dynamic Asset Allocation I’s one-year total return is 0.54%. This was made up of a growth return of -1.7% and an income return of 2.24%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the PineBridge Global Dynamic Asset Allocation I managed fund is :

International Equities
39.73%
Cash
41.88%
Fixed Interest
18.39%
Australian Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the PineBridge Global Dynamic Asset Allocation I managed fund is Perpetual Trust Services Limited.

The PineBridge Global Dynamic Asset Allocation I managed fund belongs to the Multisector Flexible sector/asset class.

As at 20 Nov 2024, the size of the PineBridge Global Dynamic Asset Allocation I managed fund was $524.14 million.

The PineBridge Global Dynamic Asset Allocation I managed fund has an inception date of 29 Jul 2014.

The current entry price of the PineBridge Global Dynamic Asset Allocation I managed fund is $1.1698 per unit and the current exit price is $1.1651 per unit (as at 20 Nov 2024).

The current exit price of the PineBridge Global Dynamic Asset Allocation I managed fund is $1.1651 per unit and the current entry price is $1.1698 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the PineBridge Global Dynamic Asset Allocation I managed fund is $5,000. 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.