AXA - FIP - BT Balanced Returns NE/NEx - Managed Fund (Closed)

Fund Objective

To grow the value of the investment over periods of five years or more.

Fund Strategy

Invests in a balanced mix of growth and income producing assets. Asset ranges (with benchmark in brackets): Australian shares 10-45% (28%), overseas shares 10-45% (25%), total shares 20-60%, Australian fixed interest 5-40% (20%), overseas fixed interest 0-20% (10%), total fixed interest 5-55%, property 0-15% (7%), cash 0-40% (10%), total growth 20-75%, total defensive 25-80%.

Fund Performance Comparison

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Peers

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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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-11.9%	-11.89%	-18.05%	-25.3%	-9.72%	-1.61%	3.61%	2%
Growth return	-11.9%	-11.89%	-18.05%	-25.3%	-9.72%	-1.61%	3.61%	2%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return	0.36%	-0.19%	3.12%	6.99%	9.02%	8.52%	5.72%	6.52%

As at 31 Oct 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AXA - FIP - BT Balanced Returns NE/NEx

Australian Equities: 32.28%

International Equities: 18.37%

Cash: 9.14%

Property & Infrastructure: 7.73%

Fixed Interest: 24.47%

Alternatives: 8.01%

Average Allocation of Peers

Australian Equities: 17.65%

International Equities: 27.51%

Cash: 7.24%

Property & Infrastructure: 3.76%

Fixed Interest: 34.46%

Alternatives: 9.38%

General Information

Fund Details

Type	Description
Fund Name	AXA - FIP - BT Balanced Returns NE/NEx
Fund Status	Closed
Responsible Entity	National Mutual Life Assoc of Aus Ltd
APIR Code	NML0165AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	(as at 31 Oct 2008)
Legal Structure	Allocated Pension
Fund Inception	1 Sep 1998
Fund Size	$0.01 million (as at 30 Apr 2007)
Entry Price	$11.915 (as at 21 Nov 2008)
Exit Price	$11.88 (as at 21 Nov 2008)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	2.92% (as at 30 Jun 2008)

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FAQs about the AXA - FIP - BT Balanced Returns NE/NEx

What is the objective of the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The objective of the AXA - FIP - BT Balanced Returns NE/NEx managed fund is To grow the value of the investment over periods of five years or more.

What is the strategy for the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The strategy of the AXA - FIP - BT Balanced Returns NE/NEx managed fund is Invests in a balanced mix of growth and income producing assets. Asset ranges (with benchmark in brackets): Australian shares 10-45% (28%), overseas shares 10-45% (25%), total shares 20-60%, Australian fixed interest 5-40% (20%), overseas fixed interest 0-20% (10%), total fixed interest 5-55%, property 0-15% (7%), cash 0-40% (10%), total growth 20-75%, total defensive 25-80%.

What is the APIR code of the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The APIR code of the AXA - FIP - BT Balanced Returns NE/NEx managed fund is NML0165AU.

What was AXA - FIP - BT Balanced Returns NE/NEx’s total return last month?

AXA - FIP - BT Balanced Returns NE/NEx’s total return last month was -11.9%. This was made up of a growth return of -11.9% and an income return of 0%. These returns were calculated as at 31 Oct 2008.

What was AXA - FIP - BT Balanced Returns NE/NEx’s total return for the last three months?

AXA - FIP - BT Balanced Returns NE/NEx’s total return for the last three months was -11.89%. This was made up of a growth return of -11.89% and an income return of 0%%. These returns were calculated as at 31 Oct 2008.

What is AXA - FIP - BT Balanced Returns NE/NEx’s one-year total return?

AXA - FIP - BT Balanced Returns NE/NEx’s one-year total return is -25.3%. This was made up of a growth return of -25.3% and an income return of 0%. These returns were calculated as at 31 Oct 2008.

What is AXA - FIP - BT Balanced Returns NE/NEx’s three-year total return?

AXA - FIP - BT Balanced Returns NE/NEx’s one-year total return is -1.61%. This was made up of a growth return of -1.61% and an income return of 0%. These returns were calculated as at 31 Oct 2008.

What is the asset allocation of the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The asset allocation of the AXA - FIP - BT Balanced Returns NE/NEx managed fund is :

Australian Equities: 32.28%

International Equities: 18.37%

Cash: 9.14%

Property & Infrastructure: 7.73%

Fixed Interest: 24.47%

Alternatives: 8.01%

Who is the responsible Entity of the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The Responsible Entity for the AXA - FIP - BT Balanced Returns NE/NEx managed fund is National Mutual Life Assoc of Aus Ltd.

What sector/asset class does the AXA - FIP - BT Balanced Returns NE/NEx managed fund belong to?

The AXA - FIP - BT Balanced Returns NE/NEx managed fund belongs to the Multisector Balanced sector/asset class.

What is the size of the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

As at 30 Apr 2007, the size of the AXA - FIP - BT Balanced Returns NE/NEx managed fund was $0.01 million.

What is the inception date of the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The AXA - FIP - BT Balanced Returns NE/NEx managed fund has an inception date of 1 Sep 1998.

What is the current entry price of the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The current entry price of the AXA - FIP - BT Balanced Returns NE/NEx managed fund is $11.915 per unit and the current exit price is $11.88 per unit (as at 21 Nov 2008).

What is the current exit price of the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The current exit price of the AXA - FIP - BT Balanced Returns NE/NEx managed fund is $11.88 per unit and the current entry price is $11.915 per unit (as at 21 Nov 2008).

What is the minimum investment amount for the AXA - FIP - BT Balanced Returns NE/NEx managed fund?

The minimum initial investment amount for the AXA - FIP - BT Balanced Returns NE/NEx managed fund is $.

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.

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