Advance Defensive Multi-blend Wholesale - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.48 1.17 1.05 3.88 4.49 3.36 4.02 4.98
Growth return 0.4 0.54 -0.17 -2.52 -2.01 -2.28 -1.05 -0.59
Income return 0.08 0.63 1.22 6.4 6.5 5.64 5.07 5.57

Market index (Morningstar Aus Msec Moderate TR AUD)

Total return 0.62 1.45 1.16 3.95 4.3 4.15 5.89 5.62

Asset Allocation (31 May 2018)

Australian Equities 12.28%
International Equities 10.51%
Cash 15.59%
Property 7.27%
Fixed Interest 51.86%
Alternatives 2.49%
Asset Allocation

General Information

Advance Defensive Multi-blend Wholesale
Advance Asset Management Limited
Multisector Moderate
starstarstar (as at 31 May 2018)
Investment Fund
23 Mar 1998
$663.09 million (as at 30 Apr 2018)
$1.0693 (as at 18 Jun 2018)
$1.0667 (as at 18 Jun 2018)

Objectives and Strategy

The Fund aims to provide secure income with a low risk of capital loss over the short to medium term, with some capital growth over the long term.
The Fund aims to invest in a diverse mix of assets with a majority in the defensive assets of cash and fixed interest and a modest investment in growth assets such as shares. The Fund's exposure to these asset classes will be obtained primarily by investing directly into our sector specific funds. The Fund may also hold assets directly including derivatives, currency and other unit trusts.

Offer information

Indirect Cost Ratio (ICR) 0.77% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Apr 2018)

Holding Type % of Portfolio
Advance Aus Fixed Intr Multi-Blend Mutual Fund - Open End 23.96%
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Data shown on this website is sourced by Morningstar
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