InvestSMART

Advance Australia Shares Multi-blend Wholesale - Managed Fund

Fund Objective
To provide investors with a total investment return (before fees and taxes) that outperforms the S&P/ASX 300 Accumulation Index over periods of five years or longer.
Fund Strategy
The Fund invests in a wide range of Australian shares listed, or expected to be listed, on the Australian Securities Exchange.

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 0.86% 13.68% 5.48% 6.43% 8.6% 9.06% 9.35% 7.89%
Growth return 1.97% 8.73% 6.73% 2.2% -2.43% -0.64% 0.47% -0.14%
Income return -1.11% 4.95% -1.25% 4.23% 11.03% 9.7% 8.88% 8.03%
Market index (S&P/ASX 200 TR AUD)
Total return 0.79% 9.39% 7.42% 10.64% 8.89% 9.32% 8.61% 7.95%
As at 31 Jan 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Australia Shares Multi-blend Wholesale
Australian Equities
94.37%
Cash
0.66%
Property
4.33%
Fixed Interest
0.63%
Alternatives
0%
International Equities
0%
Average Allocation of Peers
Australian Equities
92.82%
Cash
-0.28%
Property
3.37%
Fixed Interest
0.07%
Alternatives
0.08%
International Equities
3.94%

General Information

Fund Details
Type Description
Advance Australia Shares Multi-blend Wholesale
ADV0045AU
Equity Australia Large Blend
starstarstar (as at 31 Jan 2024)
Investment Fund
23 Mar 1998
$1503.02 million (as at 28 Feb 2024)
$1.2931 (as at 29 Feb 2024)
$1.2853 (as at 29 Feb 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.75% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2023)

Holding (as at 28 Feb 2023) Type % of Portfolio
BHP Group Ltd Equity 11.32%
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FAQs about the Advance Australia Shares Multi-blend Wholesale

The objective of the Advance Australia Shares Multi-blend Wholesale managed fund is To provide investors with a total investment return (before fees and taxes) that outperforms the S&P/ASX 300 Accumulation Index over periods of five years or longer.

The strategy of the Advance Australia Shares Multi-blend Wholesale managed fund is The Fund invests in a wide range of Australian shares listed, or expected to be listed, on the Australian Securities Exchange.

The APIR code of the Advance Australia Shares Multi-blend Wholesale managed fund is ADV0045AU.

Advance Australia Shares Multi-blend Wholesale’s total return last month was 0.86%. This was made up of a growth return of 1.97% and an income return of -1.11%. These returns were calculated as at 31 Jan 2024.

Advance Australia Shares Multi-blend Wholesale’s total return for the last three months was 13.68%. This was made up of a growth return of 8.73% and an income return of 4.95%%. These returns were calculated as at 31 Jan 2024.

Advance Australia Shares Multi-blend Wholesale’s one-year total return is 6.43%. This was made up of a growth return of 2.2% and an income return of 4.23%. These returns were calculated as at 31 Jan 2024.

Advance Australia Shares Multi-blend Wholesale’s one-year total return is 9.06%. This was made up of a growth return of -0.64% and an income return of 9.7%. These returns were calculated as at 31 Jan 2024.

The asset allocation of the Advance Australia Shares Multi-blend Wholesale managed fund is :

Australian Equities
94.37%
Cash
0.66%
Property
4.33%
Fixed Interest
0.63%
Alternatives
0%
International Equities
0%

The Advance Australia Shares Multi-blend Wholesale managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 28 Feb 2024, the size of the Advance Australia Shares Multi-blend Wholesale managed fund was $1503.02 million.

The Advance Australia Shares Multi-blend Wholesale managed fund has an inception date of 23 Mar 1998.

The current entry price of the Advance Australia Shares Multi-blend Wholesale managed fund is $1.2931 per unit and the current exit price is $1.2853 per unit (as at 29 Feb 2024).

The current exit price of the Advance Australia Shares Multi-blend Wholesale managed fund is $1.2853 per unit and the current entry price is $1.2931 per unit (as at 29 Feb 2024).

The minimum initial investment amount for the Advance Australia Shares Multi-blend Wholesale 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.