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  5. Statewide Super Conservative Balanced (Pensions) - Managed fund profile

Statewide Super Conservative Balanced (Pensions) - Managed Fund (Closed)

Fund Objective
To achieve returns after tax on investment income and investment fees that exceed CPI 2% per annum over rolling seven-year periods. Limit the probability of generating a negative return to not more than three years in 20. To earn a rate of return after tax on investment income and investment fees that is in excess of the median conservative balanced option in an appropriate industry survey over rolling seven-year periods.
Fund Strategy
Fund invests in 50% growth assets across Australian and International shares, property, infrastructure and alternatives, 50% defensive assets in cash, bonds and alternatives.

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 0.81% -0.72% 1.47% 6.61% 10.51% 6.45% 6.85% -%
Growth return 0.81% -0.72% 1.47% 6.61% 10.51% 6.45% 6.85% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
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 Mar 2022. 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
6.88%
Australian Equities
15.88%
International Equities
27.90%
Cash
9.88%
Property
3.97%
Fixed Interest
35.49%

General Information

Fund Details
Type Description
Statewide Super Conservative Balanced (Pensions)
Closed
Multisector Balanced
starstarstarstarstar (as at 31 Mar 2022)
Allocated Pension
1 Jul 2013
$492.14 million (as at 31 Mar 2022)
$1.88666 (as at 30 Apr 2022)
$1.88666 (as at 30 Apr 2022)
Finalised
Offer information
Type Description
MER 1.01% (as at 1 Nov 2021)
Indirect Cost Ratio (ICR) 1.03% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0.14
Minimum initial investment
Minimum additional investments

FAQs about the Statewide Super Conservative Balanced (Pensions)

The objective of the Statewide Super Conservative Balanced (Pensions) managed fund is To achieve returns after tax on investment income and investment fees that exceed CPI + 2% per annum over rolling seven-year periods. Limit the probability of generating a negative return to not more than three years in 20. To earn a rate of return after tax on investment income and investment fees that is in excess of the median conservative balanced option in an appropriate industry survey over rolling seven-year periods.

The strategy of the Statewide Super Conservative Balanced (Pensions) managed fund is Fund invests in 50% growth assets across Australian and International shares, property, infrastructure and alternatives, 50% defensive assets in cash, bonds and alternatives.

The APIR code of the Statewide Super Conservative Balanced (Pensions) managed fund is .

Statewide Super Conservative Balanced (Pensions)’s total return last month was 0.81%. This was made up of a growth return of 0.81% and an income return of 0%. These returns were calculated as at 31 Mar 2022.

Statewide Super Conservative Balanced (Pensions)’s total return for the last three months was -0.72%. This was made up of a growth return of -0.72% and an income return of 0%%. These returns were calculated as at 31 Mar 2022.

Statewide Super Conservative Balanced (Pensions)’s one-year total return is 6.61%. This was made up of a growth return of 6.61% and an income return of 0%. These returns were calculated as at 31 Mar 2022.

Statewide Super Conservative Balanced (Pensions)’s one-year total return is 6.45%. This was made up of a growth return of 6.45% and an income return of 0%. These returns were calculated as at 31 Mar 2022.

The asset allocation of the Statewide Super Conservative Balanced (Pensions) managed fund is :

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

The Statewide Super Conservative Balanced (Pensions) managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Mar 2022, the size of the Statewide Super Conservative Balanced (Pensions) managed fund was $492.14 million.

The Statewide Super Conservative Balanced (Pensions) managed fund has an inception date of 1 Jul 2013.

The current entry price of the Statewide Super Conservative Balanced (Pensions) managed fund is $1.88666 per unit and the current exit price is $1.88666 per unit (as at 30 Apr 2022).

The current exit price of the Statewide Super Conservative Balanced (Pensions) managed fund is $1.88666 per unit and the current entry price is $1.88666 per unit (as at 30 Apr 2022).

The minimum initial investment amount for the Statewide Super Conservative Balanced (Pensions) managed fund is $0. 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.