InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Pendal Monthly Income Plus - Managed fund profile

Pendal Monthly Income Plus - Managed Fund

Fund Objective
This Fund is designed for investors who want the potential for regular income and some long-term capital growth to protect against inflation, diversification across a range of asset classes and are prepared to accept some variability of returns. The Fund invests in a number of income generating strategies across a range of asset classes, including fixed interest, shares, and cash. The Fund may also use derivatives.
Fund Strategy
This option is designed for investors who want the potential for regular income and some long-term capital growth. The option invests in a number of income generating strategies across the fixed interest, shares and cash asset classes. Pendal's investment process is designed to provide a flexible approach to asset allocation. This is aimed at preserving capital and minimising the occurrence of adverse income outcomes.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.12% 1.02% 6.79% 4.88% 3.41% 1.73% 2.28% 3.39%
Growth return -0.5% 0.07% 5.53% 1.83% 0.9% -0.31% 0.03% 0.18%
Income return 0.38% 0.95% 1.26% 3.05% 2.51% 2.04% 2.25% 3.21%
Market index (Morningstar AUS Con Tgt Alloc NR AUD)
Total return -1.46% -0.37% 5.12% 1.54% 1.83% -0.14% 1.03% 2.73%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Pendal Monthly Income Plus
Australian Equities
25.14%
Cash
7.79%
Fixed Interest
67.07%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
13.73%
Cash
22.08%
Fixed Interest
54.93%
International Equities
4.29%
Property
1.41%
Alternatives
3.56%

General Information

Fund Details
Type Description
Pendal Monthly Income Plus
BTA0318AU
Multisector Conservative
starstarstar (as at 31 Mar 2024)
Investment Fund
1 Jul 2009
$446.59 million (as at 31 Mar 2024)
$1.0566 (as at 6 May 2024)
$1.0544 (as at 6 May 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.65% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $25,000
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Bt Invest Mgnt Mutual Fund - Open End 3.03%
Login now to view the complete list of holdings.

FAQs about the Pendal Monthly Income Plus

The objective of the Pendal Monthly Income Plus managed fund is This Fund is designed for investors who want the potential for regular income and some long-term capital growth to protect against inflation, diversification across a range of asset classes and are prepared to accept some variability of returns. The Fund invests in a number of income generating strategies across a range of asset classes, including fixed interest, shares, and cash. The Fund may also use derivatives.

The strategy of the Pendal Monthly Income Plus managed fund is This option is designed for investors who want the potential for regular income and some long-term capital growth. The option invests in a number of income generating strategies across the fixed interest, shares and cash asset classes. Pendal's investment process is designed to provide a flexible approach to asset allocation. This is aimed at preserving capital and minimising the occurrence of adverse income outcomes.

The APIR code of the Pendal Monthly Income Plus managed fund is BTA0318AU.

Pendal Monthly Income Plus’s total return last month was -0.12%. This was made up of a growth return of -0.5% and an income return of 0.38%. These returns were calculated as at 30 Apr 2024.

Pendal Monthly Income Plus’s total return for the last three months was 1.02%. This was made up of a growth return of 0.07% and an income return of 0.95%%. These returns were calculated as at 30 Apr 2024.

Pendal Monthly Income Plus’s one-year total return is 4.88%. This was made up of a growth return of 1.83% and an income return of 3.05%. These returns were calculated as at 30 Apr 2024.

Pendal Monthly Income Plus’s one-year total return is 1.73%. This was made up of a growth return of -0.31% and an income return of 2.04%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the Pendal Monthly Income Plus managed fund is :

Australian Equities
25.14%
Cash
7.79%
Fixed Interest
67.07%
International Equities
0%
Property
0%
Alternatives
0%

The Pendal Monthly Income Plus managed fund belongs to the Multisector Conservative sector/asset class.

As at 31 Mar 2024, the size of the Pendal Monthly Income Plus managed fund was $446.59 million.

The Pendal Monthly Income Plus managed fund has an inception date of 1 Jul 2009.

The current entry price of the Pendal Monthly Income Plus managed fund is $1.0566 per unit and the current exit price is $1.0544 per unit (as at 6 May 2024).

The current exit price of the Pendal Monthly Income Plus managed fund is $1.0544 per unit and the current entry price is $1.0566 per unit (as at 6 May 2024).

The minimum initial investment amount for the Pendal Monthly Income Plus managed fund is $25,000.

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.