InvestSMART

AB Managed Volatility Equities - Carb Ofst - Managed Fund

Fund Objective
The Fund aims to achieve returns that exceed the FTSE ASFA Australia 300 Index - Tax Exempt after fees over the medium to long term.
Fund Strategy
The Fund invests mainly in Australian Securities Exchange (ASX) listed shares with up to 20% of its assets in global developed market shares and has the ability to hold up to 20% in cash, for example as a short term defensive measure at times of heightened equity market volatility.

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 -1.48% -2.24% 3.31% 1.09% 2.33% 2.95% 4.47% -%
Growth return -1.48% -2.65% 1.95% -2.41% -2.94% -2.38% 0.13% -%
Income return 0% 0.41% 1.36% 3.5% 5.27% 5.33% 4.34% -%
Market index (S&P/ASX 200 TR AUD )
Total return 0.92% 1.16% 10.66% 12.93% 7.8% 6.8% 7.83% 7.78%
As at 31 May 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
Australian Equities
91.95%
International Equities
4.34%
Cash
0.22%
Property
3.05%
Fixed Interest
0.41%
Alternatives
0.02%

General Information

Fund Details
Type Description
AB Managed Volatility Equities - Carb Ofst
AllianceBernstein Investment Management
ACM3950AU
Equity Australia Large Blend
starstar (as at 31 May 2024)
Investment Fund
19 Dec 2018
$35.36 million (as at 6 Jun 2024)
$1.6612 (as at 6 Jun 2024)
$1.6528 (as at 6 Jun 2024)
Open
Offer information
Type Description
MER 0.47% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) 0.55% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $25,000

FAQs about the AB Managed Volatility Equities - Carb Ofst

The objective of the AB Managed Volatility Equities - Carb Ofst managed fund is The Fund aims to achieve returns that exceed the FTSE ASFA Australia 300 Index - Tax Exempt after fees over the medium to long term.

The strategy of the AB Managed Volatility Equities - Carb Ofst managed fund is The Fund invests mainly in Australian Securities Exchange (ASX) listed shares with up to 20% of its assets in global developed market shares and has the ability to hold up to 20% in cash, for example as a short term defensive measure at times of heightened equity market volatility.

The APIR code of the AB Managed Volatility Equities - Carb Ofst managed fund is ACM3950AU.

AB Managed Volatility Equities - Carb Ofst’s total return last month was -1.48%. This was made up of a growth return of -1.48% and an income return of 0%. These returns were calculated as at 31 May 2024.

AB Managed Volatility Equities - Carb Ofst’s total return for the last three months was -2.24%. This was made up of a growth return of -2.65% and an income return of 0.41%%. These returns were calculated as at 31 May 2024.

AB Managed Volatility Equities - Carb Ofst’s one-year total return is 1.09%. This was made up of a growth return of -2.41% and an income return of 3.5%. These returns were calculated as at 31 May 2024.

AB Managed Volatility Equities - Carb Ofst’s one-year total return is 2.95%. This was made up of a growth return of -2.38% and an income return of 5.33%. These returns were calculated as at 31 May 2024.

The asset allocation of the AB Managed Volatility Equities - Carb Ofst managed fund is :

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

The Responsible Entity for the AB Managed Volatility Equities - Carb Ofst managed fund is AllianceBernstein Investment Management.

The AB Managed Volatility Equities - Carb Ofst managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 6 Jun 2024, the size of the AB Managed Volatility Equities - Carb Ofst managed fund was $35.36 million.

The AB Managed Volatility Equities - Carb Ofst managed fund has an inception date of 19 Dec 2018.

The current entry price of the AB Managed Volatility Equities - Carb Ofst managed fund is $1.6612 per unit and the current exit price is $1.6528 per unit (as at 6 Jun 2024).

The current exit price of the AB Managed Volatility Equities - Carb Ofst managed fund is $1.6528 per unit and the current entry price is $1.6612 per unit (as at 6 Jun 2024).

The minimum initial investment amount for the AB Managed Volatility Equities - Carb Ofst managed fund is $500,000. Minimum additional investment is $25000.

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.