InvestSMART

Advance Growth Multi-blend Wholesale - Managed Fund

Fund Objective
The fund seeks to provide moderate to high total returns (before fees and taxes) over the medium to long term largely through capital growth by investing in a mix of growth and defensive assets.
Fund Strategy
The Fund invests in a diverse mix of assets with an emphasis (about 85%) on the growth oriented assets of Australian and international shares, and investment (about 15%) in the defensive assets of cash and fixed interest providing some income and stability of returns.

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 1.3% 9.62% 3.98% 8.79% 3.48% 6.37% 7.6% 7.13%
Growth return 3.06% 8.3% 7.06% 7.33% -1.94% -1.45% -0.51% -2.09%
Income return -1.76% 1.32% -3.08% 1.46% 5.42% 7.82% 8.11% 9.22%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.94% 9.63% 8.66% 16.37% 7.95% 8.96% 9.07% 8.89%
As at 31 Jan 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Growth Multi-blend Wholesale
Australian Equities
29.29%
International Equities
44.71%
Cash
4.41%
Property
7.63%
Fixed Interest
8.37%
Alternatives
5.58%
Average Allocation of Peers
Australian Equities
33.69%
International Equities
46.02%
Cash
5.68%
Property
5.55%
Fixed Interest
5.37%
Alternatives
3.70%

General Information

Fund Details
Type Description
Advance Growth Multi-blend Wholesale
ADV0085AU
Multisector Aggressive
starstar (as at 31 Jan 2024)
Investment Fund
18 May 2004
$1317.22 million (as at 28 Feb 2024)
$0.8515 (as at 29 Feb 2024)
$0.8481 (as at 29 Feb 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.84% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0.03
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 Australia Shr Multi-Blend Mutual Fund - Open End 29.63%
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FAQs about the Advance Growth Multi-blend Wholesale

The objective of the Advance Growth Multi-blend Wholesale managed fund is The fund seeks to provide moderate to high total returns (before fees and taxes) over the medium to long term largely through capital growth by investing in a mix of growth and defensive assets.

The strategy of the Advance Growth Multi-blend Wholesale managed fund is The Fund invests in a diverse mix of assets with an emphasis (about 85%) on the growth oriented assets of Australian and international shares, and investment (about 15%) in the defensive assets of cash and fixed interest providing some income and stability of returns.

The APIR code of the Advance Growth Multi-blend Wholesale managed fund is ADV0085AU.

Advance Growth Multi-blend Wholesale’s total return last month was 1.3%. This was made up of a growth return of 3.06% and an income return of -1.76%. These returns were calculated as at 31 Jan 2024.

Advance Growth Multi-blend Wholesale’s total return for the last three months was 9.62%. This was made up of a growth return of 8.3% and an income return of 1.32%%. These returns were calculated as at 31 Jan 2024.

Advance Growth Multi-blend Wholesale’s one-year total return is 8.79%. This was made up of a growth return of 7.33% and an income return of 1.46%. These returns were calculated as at 31 Jan 2024.

Advance Growth Multi-blend Wholesale’s one-year total return is 6.37%. This was made up of a growth return of -1.45% and an income return of 7.82%. These returns were calculated as at 31 Jan 2024.

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

Australian Equities
29.29%
International Equities
44.71%
Cash
4.41%
Property
7.63%
Fixed Interest
8.37%
Alternatives
5.58%

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

As at 28 Feb 2024, the size of the Advance Growth Multi-blend Wholesale managed fund was $1317.22 million.

The Advance Growth Multi-blend Wholesale managed fund has an inception date of 18 May 2004.

The current entry price of the Advance Growth Multi-blend Wholesale managed fund is $0.8515 per unit and the current exit price is $0.8481 per unit (as at 29 Feb 2024).

The current exit price of the Advance Growth Multi-blend Wholesale managed fund is $0.8481 per unit and the current entry price is $0.8515 per unit (as at 29 Feb 2024).

The minimum initial investment amount for the Advance Growth 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.