InvestSMART

FIRSTSUPER Balanced - Managed Fund (Closed)

Fund Objective
To achieve an investment return (after tax and investment expenses) that exceeds inflation, as measured by the Consumer Price Index, by at least 3.5% per annum over rolling five year periods, To confine the chance of the rate credited to members falling below zero in any financial year to less than one in ten.
Fund Strategy
A diversified option that invests across most asset classes.

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.

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 -1.15% -0.6% -0.88% -% -% -% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 3.55% 0.46% 0.37% 11.47% 10.56% 10.17% 6.99% 8.06%
As at 31 May 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FIRSTSUPER Balanced
Australian Equities
31.43%
International Equities
20.22%
Cash
4.74%
Property & Infrastructure
10.63%
Fixed Interest
21.91%
Alternatives
11.07%
Average Allocation of Peers
Australian Equities
27.72%
International Equities
35.08%
Cash
5.07%
Property & Infrastructure
5.94%
Fixed Interest
21.40%
Alternatives
4.79%

General Information

Fund Details
Type Description
FIRSTSUPER Balanced
Closed
First Super Pty Ltd
Multisector Growth
Not Rated
Superannuation Fund
1 Jul 2008
$2091.55 million (as at 31 Mar 2015)
n/a
n/a
Suppressed
Offer information
Type Description
Minimum initial investment
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the FIRSTSUPER Balanced

The objective of the FIRSTSUPER Balanced managed fund is To achieve an investment return (after tax and investment expenses) that exceeds inflation, as measured by the Consumer Price Index, by at least 3.5% per annum over rolling five year periods, To confine the chance of the rate credited to members falling below zero in any financial year to less than one in ten.

The strategy of the FIRSTSUPER Balanced managed fund is A diversified option that invests across most asset classes.

The APIR code of the FIRSTSUPER Balanced managed fund is .

FIRSTSUPER Balanced’s total return last month was -1.15%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2022.

FIRSTSUPER Balanced’s total return for the last three months was -0.6%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 May 2022.

FIRSTSUPER Balanced’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2022.

FIRSTSUPER Balanced’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2022.

The asset allocation of the FIRSTSUPER Balanced managed fund is :

Australian Equities
31.43%
International Equities
20.22%
Cash
4.74%
Property & Infrastructure
10.63%
Fixed Interest
21.91%
Alternatives
11.07%

The Responsible Entity for the FIRSTSUPER Balanced managed fund is First Super Pty Ltd.

The FIRSTSUPER Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2015, the size of the FIRSTSUPER Balanced managed fund was $2091.55 million.

The FIRSTSUPER Balanced managed fund has an inception date of 1 Jul 2008.

The current entry price of the FIRSTSUPER Balanced managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the FIRSTSUPER Balanced managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the FIRSTSUPER Balanced managed fund 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.