InvestSMART

BWA Diversified BWA Core Satellite Growth - Managed Fund

Fund Objective
CPI 5% p.a. over 7 year rolling periods after fees and before taxes
Fund Strategy
This option aims to generate both income and capital growth by investing in predominately growth asset classes including equities, infrastructure and alternatives. The long-term strategic asset allocation aims to achieve exposure to 100% growth assets. The strategy will seek to meet its investment objective by investing in a core of passive investments with a satellite allocation to fund managers with a bias to active 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 1.27% 5.51% 13.6% 15.34% 18.4% 15.97% -% -%
Growth return 1.27% 5.51% 10.96% 11.9% 14.26% 12.26% -% -%
Income return 0% 0% 2.64% 3.44% 4.14% 3.71% -% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 0.97% 5.51% 13.03% 13.77% 17.74% 16.6% 12.23% 10.25%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
3.60%
Australian Equities
34.05%
International Equities
49.68%
Cash
2.42%
Property & Infrastructure
4.88%
Fixed Interest
5.38%

General Information

Fund Details
Type Description
BWA Diversified BWA Core Satellite Growth
Ironbark Asset Mgmt (Fund Services) Ltd
DAM2300AU
Multisector Aggressive
starstarstar (as at 31 Aug 2025)
Investment Fund
27 Jun 2022
$522.42 million (as at 7 Oct 2025)
$1.3427 (as at 7 Oct 2025)
$1.3427 (as at 7 Oct 2025)
Open
Offer information
Type Description
MER 1.14% (as at 30 Apr 2025)
Indirect Cost Ratio (ICR) 0.96% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $1,000.00

FAQs about the BWA Diversified BWA Core Satellite Growth

The objective of the BWA Diversified BWA Core Satellite Growth managed fund is CPI +5% p.a. over 7 year rolling periods after fees and before taxes

The strategy of the BWA Diversified BWA Core Satellite Growth managed fund is This option aims to generate both income and capital growth by investing in predominately growth asset classes including equities, infrastructure and alternatives. The long-term strategic asset allocation aims to achieve exposure to 100% growth assets. The strategy will seek to meet its investment objective by investing in a core of passive investments with a satellite allocation to fund managers with a bias to active managers.

The APIR code of the BWA Diversified BWA Core Satellite Growth managed fund is DAM2300AU.

BWA Diversified BWA Core Satellite Growth’s total return last month was 1.27%. This was made up of a growth return of 1.27% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

BWA Diversified BWA Core Satellite Growth’s total return for the last three months was 5.51%. This was made up of a growth return of 5.51% and an income return of 0%%. These returns were calculated as at 30 Sep 2025.

BWA Diversified BWA Core Satellite Growth’s one-year total return is 15.34%. This was made up of a growth return of 11.9% and an income return of 3.44%. These returns were calculated as at 30 Sep 2025.

BWA Diversified BWA Core Satellite Growth’s one-year total return is 15.97%. This was made up of a growth return of 12.26% and an income return of 3.71%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the BWA Diversified BWA Core Satellite Growth managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the BWA Diversified BWA Core Satellite Growth managed fund is Ironbark Asset Mgmt (Fund Services) Ltd.

The BWA Diversified BWA Core Satellite Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 7 Oct 2025, the size of the BWA Diversified BWA Core Satellite Growth managed fund was $522.42 million.

The BWA Diversified BWA Core Satellite Growth managed fund has an inception date of 27 Jun 2022.

The current entry price of the BWA Diversified BWA Core Satellite Growth managed fund is $1.3427 per unit and the current exit price is $1.3427 per unit (as at 7 Oct 2025).

The current exit price of the BWA Diversified BWA Core Satellite Growth managed fund is $1.3427 per unit and the current entry price is $1.3427 per unit (as at 7 Oct 2025).

The minimum initial investment amount for the BWA Diversified BWA Core Satellite Growth managed fund is $20,000. Minimum additional investment is $1000.

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.