InvestSMART

BlackRock Wholesale Managed Income - Managed Fund (Closed)

Fund Objective
The primary aim of the Fund is to provide investors with a regular monthly income and some capital growth. The fund aims to achieve this goal by outperforming the benchmark asset allocation returns over rolling three-year periods.
Fund Strategy
To achieve its objective the Fund invests a minimum of 65% of its portfolio in cash and fixed income as well as up to 35% in growth assets.

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 1.37% 3.9% 3.31% 1.72% 4.32% 5.41% 5.78% 3.14%
Growth return 1.32% 3.27% 1.89% -1.92% 0.71% 1.06% 0.92% -2.6%
Income return 0.05% 0.63% 1.42% 3.64% 3.61% 4.35% 4.86% 5.74%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.47% 2.26% 5.93% 6.71% 9.26% 8% 4.02% 4.61%
As at 31 May 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Wholesale Managed Income
Australian Equities
20.59%
Cash
28.51%
Property & Infrastructure
5.14%
Fixed Interest
30.24%
Alternatives
15.53%
International Equities
0%
Average Allocation of Peers
Australian Equities
10.81%
Cash
14.09%
Property & Infrastructure
3.68%
Fixed Interest
50.44%
Alternatives
5.93%
International Equities
15.05%

General Information

Fund Details
Type Description
BlackRock Wholesale Managed Income (Wholesale)
Closed
BlackRock Investment Mgmt (AUS) Ltd
PWA0821AU
Multisector Moderate
starstar (as at 31 May 2016)
Investment Fund
30 Sep 1992
$26.23 million (as at 31 May 2016)
$0.91151 (as at 8 Jun 2016)
$0.91151 (as at 8 Jun 2016)
Finalised
Offer information
Type Description
MER 0.85% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2016)
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

FAQs about the BlackRock Wholesale Managed Income

The objective of the BlackRock Wholesale Managed Income managed fund is The primary aim of the Fund is to provide investors with a regular monthly income and some capital growth. The fund aims to achieve this goal by outperforming the benchmark asset allocation returns over rolling three-year periods.

The strategy of the BlackRock Wholesale Managed Income managed fund is To achieve its objective the Fund invests a minimum of 65% of its portfolio in cash and fixed income as well as up to 35% in growth assets.

The APIR code of the BlackRock Wholesale Managed Income managed fund is PWA0821AU.

BlackRock Wholesale Managed Income’s total return last month was 1.37%. This was made up of a growth return of 1.32% and an income return of 0.05%. These returns were calculated as at 31 May 2016.

BlackRock Wholesale Managed Income’s total return for the last three months was 3.9%. This was made up of a growth return of 3.27% and an income return of 0.63%%. These returns were calculated as at 31 May 2016.

BlackRock Wholesale Managed Income’s one-year total return is 1.72%. This was made up of a growth return of -1.92% and an income return of 3.64%. These returns were calculated as at 31 May 2016.

BlackRock Wholesale Managed Income’s one-year total return is 5.41%. This was made up of a growth return of 1.06% and an income return of 4.35%. These returns were calculated as at 31 May 2016.

The asset allocation of the BlackRock Wholesale Managed Income managed fund is :

Australian Equities
20.59%
Cash
28.51%
Property & Infrastructure
5.14%
Fixed Interest
30.24%
Alternatives
15.53%
International Equities
0%

The Responsible Entity for the BlackRock Wholesale Managed Income managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock Wholesale Managed Income managed fund belongs to the Multisector Moderate sector/asset class.

As at 31 May 2016, the size of the BlackRock Wholesale Managed Income managed fund was $26.23 million.

The BlackRock Wholesale Managed Income managed fund has an inception date of 30 Sep 1992.

The current entry price of the BlackRock Wholesale Managed Income managed fund is $0.91151 per unit and the current exit price is $0.91151 per unit (as at 8 Jun 2016).

The current exit price of the BlackRock Wholesale Managed Income managed fund is $0.91151 per unit and the current entry price is $0.91151 per unit (as at 8 Jun 2016).

The minimum initial investment amount for the BlackRock Wholesale Managed Income managed fund is $50,000. Minimum additional investment 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.