InvestSMART

Advance Defensive Multi-blend Wholesale - Managed Fund

Fund Objective
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.
Fund Strategy
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.

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 0.77% 6.26% 3.61% 5.46% 0.79% 1.85% 3.18% 3.53%
Growth return 0.99% 4.33% 3.76% 5.54% -0.84% -0.96% -0.54% -0.98%
Income return -0.22% 1.93% -0.15% -0.08% 1.63% 2.81% 3.72% 4.51%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.68% 4.47% 4.2% 7.36% 1.64% 2.11% 3.15% 4.3%
As at 31 Jan 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Defensive Multi-blend Wholesale
Australian Equities
10.19%
International Equities
14.94%
Cash
0.10%
Property
4.50%
Fixed Interest
63.92%
Alternatives
6.35%
Average Allocation of Peers
Australian Equities
11.09%
International Equities
12.91%
Cash
18.63%
Property
4.41%
Fixed Interest
46.94%
Alternatives
6.03%

General Information

Fund Details
Type Description
Advance Defensive Multi-blend Wholesale
ADV0049AU
Multisector Moderate
starstarstar (as at 31 Jan 2024)
Investment Fund
23 Mar 1998
$309.03 million (as at 28 Feb 2024)
$1.0324 (as at 29 Feb 2024)
$1.0304 (as at 29 Feb 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.59% (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 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Advance Aus Fixed Intr Multi-Blend Mutual Fund - Open End 19.37%
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FAQs about the Advance Defensive Multi-blend Wholesale

The objective of the Advance Defensive Multi-blend Wholesale managed fund is 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 strategy of the Advance Defensive Multi-blend Wholesale managed fund is 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.

The APIR code of the Advance Defensive Multi-blend Wholesale managed fund is ADV0049AU.

Advance Defensive Multi-blend Wholesale’s total return last month was 0.77%. This was made up of a growth return of 0.99% and an income return of -0.22%. These returns were calculated as at 31 Jan 2024.

Advance Defensive Multi-blend Wholesale’s total return for the last three months was 6.26%. This was made up of a growth return of 4.33% and an income return of 1.93%%. These returns were calculated as at 31 Jan 2024.

Advance Defensive Multi-blend Wholesale’s one-year total return is 5.46%. This was made up of a growth return of 5.54% and an income return of -0.08%. These returns were calculated as at 31 Jan 2024.

Advance Defensive Multi-blend Wholesale’s one-year total return is 1.85%. This was made up of a growth return of -0.96% and an income return of 2.81%. These returns were calculated as at 31 Jan 2024.

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

Australian Equities
10.19%
International Equities
14.94%
Cash
0.10%
Property
4.50%
Fixed Interest
63.92%
Alternatives
6.35%

The Advance Defensive Multi-blend Wholesale managed fund belongs to the Multisector Moderate sector/asset class.

As at 28 Feb 2024, the size of the Advance Defensive Multi-blend Wholesale managed fund was $309.03 million.

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

The current entry price of the Advance Defensive Multi-blend Wholesale managed fund is $1.0324 per unit and the current exit price is $1.0304 per unit (as at 29 Feb 2024).

The current exit price of the Advance Defensive Multi-blend Wholesale managed fund is $1.0304 per unit and the current entry price is $1.0324 per unit (as at 29 Feb 2024).

The minimum initial investment amount for the Advance Defensive 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.