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BT Lifetime Flexible Pension - BT Multi-manager Balanced - Managed Fund (Closed)

Fund Objective
To provide moderate to high total returns (before fees and taxes) over the medium term from a combination of capital growth and income through a diversified mix of growth and defensive assets.
Fund Strategy
The fund seeks to invest in a diverse mix of assets with both income-producing assets of cash and fixed interest (around 30%), and growth assets including shares and property (around 70%). The underlying fundi-s exposure to these asset classes will be obtained primarily by investing into Advancei-s sector specific funds. The underlying fund may also hold assets directly including derivatives, currency and other unit trusts

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 1.13% 8.68% 0.8% 6.66% 6.57% 7.74% 5.61% 8.06%
Growth return 1.13% 8.68% 0.8% 6.66% 6.57% 7.74% 5.61% 8.06%
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 Mar 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Lifetime Flexible Pension - BT Multi-manager Balanced
Australian Equities
26.82%
International Equities
37.34%
Cash
1.89%
Property & Infrastructure
7.30%
Fixed Interest
20.68%
Alternatives
5.97%
Average Allocation of Peers
Australian Equities
27.15%
International Equities
35.19%
Cash
6.38%
Property & Infrastructure
6.36%
Fixed Interest
20.93%
Alternatives
3.98%

General Information

Fund Details
Type Description
BT Lifetime Flexible Pension - BT Multi-manager Balanced
Closed
BT Funds Management Ltd
BTA0228AU
Multisector Growth
starstar (as at 31 Mar 2019)
Allocated Pension
11 Mar 2002
$6.36 million (as at 31 Mar 2019)
$2.1813 (as at 12 Apr 2019)
$2.1726 (as at 12 Apr 2019)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.23% (as at 30 Jun 2015)
Minimum initial investment $25,000
Minimum additional investments $15,000
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Advance Australia Shr Multi-Blend W Mutual Fund - Open End 25.78%
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FAQs about the BT Lifetime Flexible Pension - BT Multi-manager Balanced

The objective of the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund is To provide moderate to high total returns (before fees and taxes) over the medium term from a combination of capital growth and income through a diversified mix of growth and defensive assets.

The strategy of the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund is The fund seeks to invest in a diverse mix of assets with both income-producing assets of cash and fixed interest (around 30%), and growth assets including shares and property (around 70%). The underlying fundi-s exposure to these asset classes will be obtained primarily by investing into Advancei-s sector specific funds. The underlying fund may also hold assets directly including derivatives, currency and other unit trusts

The APIR code of the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund is BTA0228AU.

BT Lifetime Flexible Pension - BT Multi-manager Balanced’s total return last month 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 Mar 2019.

BT Lifetime Flexible Pension - BT Multi-manager Balanced’s total return for the last three months was 8.68%. This was made up of a growth return of 8.68% and an income return of 0%%. These returns were calculated as at 31 Mar 2019.

BT Lifetime Flexible Pension - BT Multi-manager Balanced’s one-year total return is 6.66%. This was made up of a growth return of 6.66% and an income return of 0%. These returns were calculated as at 31 Mar 2019.

BT Lifetime Flexible Pension - BT Multi-manager Balanced’s one-year total return is 7.74%. This was made up of a growth return of 7.74% and an income return of 0%. These returns were calculated as at 31 Mar 2019.

The asset allocation of the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund is :

Australian Equities
26.82%
International Equities
37.34%
Cash
1.89%
Property & Infrastructure
7.30%
Fixed Interest
20.68%
Alternatives
5.97%

The Responsible Entity for the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund is BT Funds Management Ltd.

The BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2019, the size of the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund was $6.36 million.

The BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund has an inception date of 11 Mar 2002.

The current entry price of the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund is $2.1813 per unit and the current exit price is $2.1726 per unit (as at 12 Apr 2019).

The current exit price of the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund is $2.1726 per unit and the current entry price is $2.1813 per unit (as at 12 Apr 2019).

The minimum initial investment amount for the BT Lifetime Flexible Pension - BT Multi-manager Balanced managed fund is $25,000. Minimum additional investment is $15000.

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.