Advance Australia Shares Multi-blend - Managed Fund (Closed)

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

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.

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	-0.75%	3.59%	2.23%	8.02%	1.66%	9.5%	5.32%	6.4%
Growth return	-2.45%	-2.62%	6.01%	18.65%	2.77%	4.48%	-0.55%	-0.96%
Income return	1.7%	6.21%	-3.78%	-10.63%	-1.11%	5.02%	5.87%	7.36%
Market index (S&P/ASX 200 TR AUD)
Total return	-2.66%	-3.05%	3.77%	5.47%	14.09%	9.71%	9.87%	9.46%

As at 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Australia Shares Multi-blend

Australian Equities: 91.80%

Cash: 1.68%

Property & Infrastructure: 6.52%

Fixed Interest: 0%

International Equities: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 95.12%

Cash: -0.58%

Property & Infrastructure: 1.38%

Fixed Interest: -0.49%

International Equities: 4.62%

Alternatives: -0.05%

General Information

Fund Details

Type	Description
Fund Name	Advance Australia Shares Multi-blend
Fund Status	Closed
Responsible Entity	Mercer Investments (Australia) Limited
APIR Code	ADV0025AU
Sector/Asset Class	Equity Australia Large Blend
Morningstar Rating	(as at 31 Jul 2023)
Legal Structure	Investment Fund
Fund Inception	1 Jun 1994
Fund Size	$25.88 million (as at 31 Mar 2021)
Entry Price	$1.2181 (as at 5 Sep 2023)
Exit Price	$1.2181 (as at 5 Sep 2023)
Fund Status	Finalised

Offer information

Type	Description
Standard entry fee	4.10%
MER	1.32% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR)	1.32% (as at 30 Jun 2024)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$5,000.00
Minimum additional investments	$500.00
Minimum redemption amount	$500.00

Top 10 holdings (as at 30 Jun 2022)

Holding (as at 30 Jun 2022)	Type	% of Portfolio
Australia and New Zealand Banking Group Ltd	Equity	2.17%

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the Advance Australia Shares Multi-blend

What is the objective of the Advance Australia Shares Multi-blend managed fund?

The objective of the Advance Australia Shares Multi-blend 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.

What is the strategy for the Advance Australia Shares Multi-blend managed fund?

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

What is the APIR code of the Advance Australia Shares Multi-blend managed fund?

The APIR code of the Advance Australia Shares Multi-blend managed fund is ADV0025AU.

What was Advance Australia Shares Multi-blend’s total return last month?

Advance Australia Shares Multi-blend’s total return last month was -0.75%. This was made up of a growth return of -2.45% and an income return of 1.7%. These returns were calculated as at 31 Aug 2023.

What was Advance Australia Shares Multi-blend’s total return for the last three months?

Advance Australia Shares Multi-blend’s total return for the last three months was 3.59%. This was made up of a growth return of -2.62% and an income return of 6.21%%. These returns were calculated as at 31 Aug 2023.

What is Advance Australia Shares Multi-blend’s one-year total return?

Advance Australia Shares Multi-blend’s one-year total return is 8.02%. This was made up of a growth return of 18.65% and an income return of -10.63%. These returns were calculated as at 31 Aug 2023.

What is Advance Australia Shares Multi-blend’s three-year total return?

Advance Australia Shares Multi-blend’s one-year total return is 9.5%. This was made up of a growth return of 4.48% and an income return of 5.02%. These returns were calculated as at 31 Aug 2023.

What is the asset allocation of the Advance Australia Shares Multi-blend managed fund?

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

Australian Equities: 91.80%

Cash: 1.68%

Property & Infrastructure: 6.52%

Fixed Interest: 0%

International Equities: 0%

Alternatives: 0%

Who is the responsible Entity of the Advance Australia Shares Multi-blend managed fund?

The Responsible Entity for the Advance Australia Shares Multi-blend managed fund is Mercer Investments (Australia) Limited.

What sector/asset class does the Advance Australia Shares Multi-blend managed fund belong to?

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

What is the size of the Advance Australia Shares Multi-blend managed fund?

As at 31 Mar 2021, the size of the Advance Australia Shares Multi-blend managed fund was $25.88 million.

What is the inception date of the Advance Australia Shares Multi-blend managed fund?

The Advance Australia Shares Multi-blend managed fund has an inception date of 1 Jun 1994.

What is the current entry price of the Advance Australia Shares Multi-blend managed fund?

The current entry price of the Advance Australia Shares Multi-blend managed fund is $1.2181 per unit and the current exit price is $1.2181 per unit (as at 5 Sep 2023).

What is the current exit price of the Advance Australia Shares Multi-blend managed fund?

The current exit price of the Advance Australia Shares Multi-blend managed fund is $1.2181 per unit and the current entry price is $1.2181 per unit (as at 5 Sep 2023).

What is the minimum investment amount for the Advance Australia Shares Multi-blend managed fund?

The minimum initial investment amount for the Advance Australia Shares Multi-blend managed fund is $5,000. Minimum additional investment is $500.

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