InvestSMART

AXA - FPP - Multi-manager Balanced - Managed Fund (Closed)

Fund Objective
To provide a return (net of tax and investment management costs) over a rolling 5-year period, that exceeds the return from published benchmarks for each asset class , and is competitive with comparable funds that have similar risk characteristics and allocation to growth assets of 65% to 75%.
Fund Strategy
To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

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 -3.5% 1.13% 7.67% 12.58% 12.52% 10.21% 3.42% 7.16%
Growth return -3.5% 1.13% 7.67% 12.58% 12.52% 10.21% 3.42% 7.16%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 3.55% 0.46% 0.37% 11.47% 10.56% 10.17% 6.99% 8.06%
As at 31 Oct 2005. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AXA - FPP - Multi-manager Balanced
Australian Equities
29.99%
International Equities
32.19%
Cash
5.49%
Property & Infrastructure
16.15%
Fixed Interest
16.17%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.57%
International Equities
34.93%
Cash
5.48%
Property & Infrastructure
5.93%
Fixed Interest
21.31%
Alternatives
4.77%

General Information

Fund Details
Type Description
AXA - FPP - Multi-manager Balanced
Closed
NML0512AU
Multisector Growth
Not Rated
Allocated Pension
4 Feb 1993
$0 million (as at 30 Sep 2005)
n/a
$22.644 (as at 10 Nov 2005)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.16% (as at 30 Jun 2011)
Minimum initial investment
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FAQs about the AXA - FPP - Multi-manager Balanced

The objective of the AXA - FPP - Multi-manager Balanced managed fund is To provide a return (net of tax and investment management costs) over a rolling 5-year period, that exceeds the return from published benchmarks for each asset class , and is competitive with comparable funds that have similar risk characteristics and allocation to growth assets of 65% to 75%.

The strategy of the AXA - FPP - Multi-manager Balanced managed fund is To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

The APIR code of the AXA - FPP - Multi-manager Balanced managed fund is NML0512AU.

AXA - FPP - Multi-manager Balanced’s total return last month was -3.5%. This was made up of a growth return of -3.5% and an income return of 0%. These returns were calculated as at 31 Oct 2005.

AXA - FPP - Multi-manager Balanced’s total return for the last three months was 1.13%. This was made up of a growth return of 1.13% and an income return of 0%%. These returns were calculated as at 31 Oct 2005.

AXA - FPP - Multi-manager Balanced’s one-year total return is 12.58%. This was made up of a growth return of 12.58% and an income return of 0%. These returns were calculated as at 31 Oct 2005.

AXA - FPP - Multi-manager Balanced’s one-year total return is 10.21%. This was made up of a growth return of 10.21% and an income return of 0%. These returns were calculated as at 31 Oct 2005.

The asset allocation of the AXA - FPP - Multi-manager Balanced managed fund is :

Australian Equities
29.99%
International Equities
32.19%
Cash
5.49%
Property & Infrastructure
16.15%
Fixed Interest
16.17%
Alternatives
0%

The AXA - FPP - Multi-manager Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2005, the size of the AXA - FPP - Multi-manager Balanced managed fund was $0 million.

The AXA - FPP - Multi-manager Balanced managed fund has an inception date of 4 Feb 1993.

The current entry price of the AXA - FPP - Multi-manager Balanced managed fund is $ per unit and the current exit price is $22.644 per unit (as at 10 Nov 2005).

The current exit price of the AXA - FPP - Multi-manager Balanced managed fund is $22.644 per unit and the current entry price is $ per unit (as at 10 Nov 2005).

The minimum initial investment amount for the AXA - FPP - Multi-manager Balanced managed fund 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.