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  5. Australian Ethical Balanced (Pen) - Managed fund profile

Australian Ethical Balanced (Pen) - Managed Fund (Closed)

Fund Objective
To provide investors with a balance between capital growth and a moderate level of income through a diversified portfolio of assets that supports the Australian Ethical Charter.
Fund Strategy
The opportunity to invest in a diversified portfolio of asset types and markets to reduce the volatility of returns. Asset classes include, but are not limited to, Australian and international shares, property and fixed income securities.

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 3.52% -1.17% 0.61% 3.97% -1.03% 2.36% 5.65% 6.25%
Growth return -% -1.17% 0.61% 3.97% -1.03% 2.36% 5.65% 6.25%
Income return -% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.5% 5.98% 13.05% 14.32% 6.19% 6.56% 7.27% 7.68%
As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Australian Ethical Balanced (Pen)
Australian Equities
29.52%
International Equities
26.69%
Cash
4.96%
Property
8.93%
Fixed Interest
24.69%
Alternatives
5.21%
Average Allocation of Peers
Australian Equities
27.47%
International Equities
32.94%
Cash
6.93%
Property
6.78%
Fixed Interest
21.64%
Alternatives
4.24%

General Information

Fund Details
Type Description
Australian Ethical Balanced (Pen)
Closed
Australian Ethical Superannuation
AUG0106AU
Multisector Growth
starstarstar (as at 30 Nov 2023)
Allocated Pension
30 Apr 1999
$244.32 million (as at 31 Oct 2023)
$4.5683 (as at 19 Dec 2023)
$4.5592 (as at 19 Dec 2023)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.22% (as at 1 Sep 2022)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments $500.00
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2023)

Holding (as at 30 Sep 2023) Type % of Portfolio
Australian Ethical Diversified Shr Mutual Fund - Open End 29.54%
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FAQs about the Australian Ethical Balanced (Pen)

The objective of the Australian Ethical Balanced (Pen) managed fund is To provide investors with a balance between capital growth and a moderate level of income through a diversified portfolio of assets that supports the Australian Ethical Charter.

The strategy of the Australian Ethical Balanced (Pen) managed fund is The opportunity to invest in a diversified portfolio of asset types and markets to reduce the volatility of returns. Asset classes include, but are not limited to, Australian and international shares, property and fixed income securities.

The APIR code of the Australian Ethical Balanced (Pen) managed fund is AUG0106AU.

Australian Ethical Balanced (Pen)’s total return last month was 3.52%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2023.

Australian Ethical Balanced (Pen)’s total return for the last three months was -1.17%. This was made up of a growth return of -1.17% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

Australian Ethical Balanced (Pen)’s one-year total return is 3.97%. This was made up of a growth return of 3.97% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

Australian Ethical Balanced (Pen)’s one-year total return is 2.36%. This was made up of a growth return of 2.36% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

The asset allocation of the Australian Ethical Balanced (Pen) managed fund is :

Australian Equities
29.52%
International Equities
26.69%
Cash
4.96%
Property
8.93%
Fixed Interest
24.69%
Alternatives
5.21%

The Responsible Entity for the Australian Ethical Balanced (Pen) managed fund is Australian Ethical Superannuation.

The Australian Ethical Balanced (Pen) managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Oct 2023, the size of the Australian Ethical Balanced (Pen) managed fund was $244.32 million.

The Australian Ethical Balanced (Pen) managed fund has an inception date of 30 Apr 1999.

The current entry price of the Australian Ethical Balanced (Pen) managed fund is $4.5683 per unit and the current exit price is $4.5592 per unit (as at 19 Dec 2023).

The current exit price of the Australian Ethical Balanced (Pen) managed fund is $4.5592 per unit and the current entry price is $4.5683 per unit (as at 19 Dec 2023).

The minimum initial investment amount for the Australian Ethical Balanced (Pen) managed fund is $0. 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.