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  5. AJ Insurance Bond - Balanced - Managed fund profile

AJ Insurance Bond - Balanced - Managed Fund (Closed)

Fund Objective
A multi sector balanced insurance bond aiming to provide returns well above the rate of inflation over the medium to long term.
Fund Strategy
The Balanced Fund's portfolio can contain up to a maximum of 50% investment in the Australian sharemarket. Its other assets can include quality Australian property supported by established tenants on longer term leases and secure fixed interest securities. Net asset range: cash and fixed interest securities 50-65%, Australian and international shares and listed property trusts 30-45% and property 0-10%.

Fund Performance Comparison

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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.
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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 -0.85% 0.55% 4.07% 7.67% 9.23% 5.68% 7.25% -%
Growth return -0.85% 0.55% 4.07% 7.67% 9.23% 5.68% 7.25% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.42% 4.1% 5.63% 9.6% 10.37% 9.02% 6.33% 6.31%
As at 31 Mar 1997. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
7.51%
Australian Equities
16.38%
International Equities
27.94%
Cash
8.21%
Property & Infrastructure
3.77%
Fixed Interest
36.19%

General Information

Fund Details
Type Description
AJ Insurance Bond - Balanced
Closed
Armstrong Jones Life Assurance Limited
AJF0201AU
Multisector Balanced
Not Rated
Investment Fund
1 Dec 1987
$7.4 million (as at 31 Mar 1997)
n/a
$1.8983 (as at 6 Jun 1997)
Finalised
Offer information
Type Description
Minimum initial investment $2,000.00

FAQs about the AJ Insurance Bond - Balanced

The objective of the AJ Insurance Bond - Balanced managed fund is A multi sector balanced insurance bond aiming to provide returns well above the rate of inflation over the medium to long term.

The strategy of the AJ Insurance Bond - Balanced managed fund is The Balanced Fund's portfolio can contain up to a maximum of 50% investment in the Australian sharemarket. Its other assets can include quality Australian property supported by established tenants on longer term leases and secure fixed interest securities. Net asset range: cash and fixed interest securities 50-65%, Australian and international shares and listed property trusts 30-45% and property 0-10%.

The APIR code of the AJ Insurance Bond - Balanced managed fund is AJF0201AU.

AJ Insurance Bond - Balanced’s total return last month was -0.85%. This was made up of a growth return of -0.85% and an income return of 0%. These returns were calculated as at 31 Mar 1997.

AJ Insurance Bond - Balanced’s total return for the last three months was 0.55%. This was made up of a growth return of 0.55% and an income return of 0%%. These returns were calculated as at 31 Mar 1997.

AJ Insurance Bond - Balanced’s one-year total return is 7.67%. This was made up of a growth return of 7.67% and an income return of 0%. These returns were calculated as at 31 Mar 1997.

AJ Insurance Bond - Balanced’s one-year total return is 5.68%. This was made up of a growth return of 5.68% and an income return of 0%. These returns were calculated as at 31 Mar 1997.

The asset allocation of the AJ Insurance Bond - Balanced managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the AJ Insurance Bond - Balanced managed fund is Armstrong Jones Life Assurance Limited.

The AJ Insurance Bond - Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Mar 1997, the size of the AJ Insurance Bond - Balanced managed fund was $7.4 million.

The AJ Insurance Bond - Balanced managed fund has an inception date of 1 Dec 1987.

The current entry price of the AJ Insurance Bond - Balanced managed fund is $ per unit and the current exit price is $1.8983 per unit (as at 6 Jun 1997).

The current exit price of the AJ Insurance Bond - Balanced managed fund is $1.8983 per unit and the current entry price is $ per unit (as at 6 Jun 1997).

The minimum initial investment amount for the AJ Insurance Bond - Balanced managed fund is $2,000.

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.