InvestSMART

AXA - RB - Macquarie Life Balanced Investment NEF - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform its structured benchmark over the medium term (before fees), providing investors with broad asset class exposure by focusing on growth assets with some exposure to cash and fixed interest. It aims to return a balanced level of growth and income and invests directly into a variety of pooled funds through Macquarie Life Limited.
Fund Strategy
Invests in a diversified portfolio focusing on growth assets, including alternative assets with limited exposure to cash and fixed interest investments. Asset allocation ranges (with benchmark in brackets): Australian equity 20-40% (30%), international equities 10-30% (20%), property 0-20% (10%), alternative assets 0-10% (5%), Australian fixed interest 0-30% (17.5%), CPI bonds 0-10% (5%), international fixed interest 0-20% (10%), cash 0-25% (2.5%).

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 -8.28% -12.79% -19.26% -25.45% -8.85% -1.78% 2.53% 2.03%
Growth return -8.28% -12.79% -19.26% -25.45% -8.85% -1.78% 2.53% 2.03%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.75% 4.43% 10.73% 11.3% 14.85% 13.6% 9.39% 8.35%
As at 31 Oct 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AXA - RB - Macquarie Life Balanced Investment NEF
Australian Equities
20.40%
International Equities
13.20%
Cash
16.17%
Property & Infrastructure
7.96%
Fixed Interest
30.05%
Alternatives
12.21%
Average Allocation of Peers
Australian Equities
27.19%
International Equities
35.14%
Cash
6.34%
Property & Infrastructure
6.40%
Fixed Interest
20.94%
Alternatives
3.98%

General Information

Fund Details
Type Description
AXA - RB - Macquarie Life Balanced Investment NEF
Closed
National Mutual Life Assoc of Aus Ltd
NML0757AU
Multisector Growth
star (as at 31 Oct 2008)
Superannuation Fund
1 Jan 1998
$0.13 million (as at 30 Sep 2008)
$11.295 (as at 21 Nov 2008)
$11.25 (as at 21 Nov 2008)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 3.41% (as at 30 Jun 2008)

FAQs about the AXA - RB - Macquarie Life Balanced Investment NEF

The objective of the AXA - RB - Macquarie Life Balanced Investment NEF managed fund is The Fund aims to outperform its structured benchmark over the medium term (before fees), providing investors with broad asset class exposure by focusing on growth assets with some exposure to cash and fixed interest. It aims to return a balanced level of growth and income and invests directly into a variety of pooled funds through Macquarie Life Limited.

The strategy of the AXA - RB - Macquarie Life Balanced Investment NEF managed fund is Invests in a diversified portfolio focusing on growth assets, including alternative assets with limited exposure to cash and fixed interest investments. Asset allocation ranges (with benchmark in brackets): Australian equity 20-40% (30%), international equities 10-30% (20%), property 0-20% (10%), alternative assets 0-10% (5%), Australian fixed interest 0-30% (17.5%), CPI bonds 0-10% (5%), international fixed interest 0-20% (10%), cash 0-25% (2.5%).

The APIR code of the AXA - RB - Macquarie Life Balanced Investment NEF managed fund is NML0757AU.

AXA - RB - Macquarie Life Balanced Investment NEF’s total return last month was -8.28%. This was made up of a growth return of -8.28% and an income return of 0%. These returns were calculated as at 31 Oct 2008.

AXA - RB - Macquarie Life Balanced Investment NEF’s total return for the last three months was -12.79%. This was made up of a growth return of -12.79% and an income return of 0%%. These returns were calculated as at 31 Oct 2008.

AXA - RB - Macquarie Life Balanced Investment NEF’s one-year total return is -25.45%. This was made up of a growth return of -25.45% and an income return of 0%. These returns were calculated as at 31 Oct 2008.

AXA - RB - Macquarie Life Balanced Investment NEF’s one-year total return is -1.78%. This was made up of a growth return of -1.78% and an income return of 0%. These returns were calculated as at 31 Oct 2008.

The asset allocation of the AXA - RB - Macquarie Life Balanced Investment NEF managed fund is :

Australian Equities
20.40%
International Equities
13.20%
Cash
16.17%
Property & Infrastructure
7.96%
Fixed Interest
30.05%
Alternatives
12.21%

The Responsible Entity for the AXA - RB - Macquarie Life Balanced Investment NEF managed fund is National Mutual Life Assoc of Aus Ltd.

The AXA - RB - Macquarie Life Balanced Investment NEF managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2008, the size of the AXA - RB - Macquarie Life Balanced Investment NEF managed fund was $0.13 million.

The AXA - RB - Macquarie Life Balanced Investment NEF managed fund has an inception date of 1 Jan 1998.

The current entry price of the AXA - RB - Macquarie Life Balanced Investment NEF managed fund is $11.295 per unit and the current exit price is $11.25 per unit (as at 21 Nov 2008).

The current exit price of the AXA - RB - Macquarie Life Balanced Investment NEF managed fund is $11.25 per unit and the current entry price is $11.295 per unit (as at 21 Nov 2008).

The minimum initial investment amount for the AXA - RB - Macquarie Life Balanced Investment NEF 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.