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Foundation Assertive - Managed Fund

Fund Objective
The Fund aims to provide moderate to high returns (before fees and taxes) comprising income and capital growth over the medium to long term by investing in a diversified mix of assets.
Fund Strategy
The Fund is intended to be suitable for investors seeking a diversified portfolio of investments, spread across different asset types.

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 2.73% 5.83% 12.07% 14.16% 6.17% 7.54% 7.63% 7.59%
Growth return 2.73% 5.83% 11.2% 9.86% 0.48% 1.57% 2.14% 2.35%
Income return 0% 0% 0.87% 4.3% 5.69% 5.97% 5.49% 5.24%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.5% 5.98% 13.05% 14.32% 6.19% 6.56% 7.27% 7.68%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Foundation Assertive
Australian Equities
40.03%
International Equities
29.23%
Cash
7.43%
Property
10.04%
Fixed Interest
13.27%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.50%
International Equities
33.02%
Cash
6.64%
Property
6.78%
Fixed Interest
21.81%
Alternatives
4.25%

General Information

Fund Details
Type Description
Foundation Assertive (Wholesale)
WPC0007AU
Multisector Growth
starstarstarstar (as at 31 Mar 2024)
Investment Fund
16 Sep 2005
$25.2 million (as at 31 Mar 2024)
$1.3624 (as at 18 Apr 2024)
$1.3616 (as at 18 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.59% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Strategic Australian Equity Mutual Fund - Open End 39.85%
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FAQs about the Foundation Assertive

The objective of the Foundation Assertive managed fund is The Fund aims to provide moderate to high returns (before fees and taxes) comprising income and capital growth over the medium to long term by investing in a diversified mix of assets.

The strategy of the Foundation Assertive managed fund is The Fund is intended to be suitable for investors seeking a diversified portfolio of investments, spread across different asset types.

The APIR code of the Foundation Assertive managed fund is WPC0007AU.

Foundation Assertive’s total return last month was 2.73%. This was made up of a growth return of 2.73% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Foundation Assertive’s total return for the last three months was 5.83%. This was made up of a growth return of 5.83% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Foundation Assertive’s one-year total return is 14.16%. This was made up of a growth return of 9.86% and an income return of 4.3%. These returns were calculated as at 31 Mar 2024.

Foundation Assertive’s one-year total return is 7.54%. This was made up of a growth return of 1.57% and an income return of 5.97%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Foundation Assertive managed fund is :

Australian Equities
40.03%
International Equities
29.23%
Cash
7.43%
Property
10.04%
Fixed Interest
13.27%
Alternatives
0%

The Foundation Assertive managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2024, the size of the Foundation Assertive managed fund was $25.2 million.

The Foundation Assertive managed fund has an inception date of 16 Sep 2005.

The current entry price of the Foundation Assertive managed fund is $1.3624 per unit and the current exit price is $1.3616 per unit (as at 18 Apr 2024).

The current exit price of the Foundation Assertive managed fund is $1.3616 per unit and the current entry price is $1.3624 per unit (as at 18 Apr 2024).

The minimum initial investment amount for the Foundation Assertive managed fund is $25,000. Minimum additional investment is $5000.

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.