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  5. ING DIRECT Super Option Balanced - Managed fund profile

ING DIRECT Super Option Balanced - Managed Fund (Closed)

Fund Objective
Aims to provide medium to long term capital growth with income built into the unit price. Aims to achieve a 2.5% average annual return above inflation (CPI) over 4 years before fees and taxes.
Fund Strategy
The long term asset allocation is 50% growth assets and 50% income assets. This option invests in Cash, Australian shares, International shares (Hedged), International Shares. The option can invest directly or indirectly (via managed investments). Asset allocation is balanced back to the long term target.

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 3.92% -0.46% 2.14% 4.21% 0.29% 3.45% 5.29% 5.31%
Growth return 3.92% -0.46% 2.14% 4.21% 0.29% 3.45% 5.29% 5.31%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 2.01% 4.52% 10.56% 10.77% 4.44% 4.22% 5.24% 6.13%
As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ING DIRECT Super Option Balanced
Australian Equities
31.74%
International Equities
22.74%
Cash
45.52%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.69%
International Equities
26.68%
Cash
9.27%
Property
4.39%
Fixed Interest
36.81%
Alternatives
6.16%

General Information

Fund Details
Type Description
ING DIRECT Super Option Balanced
Closed
TCS0001AU
Multisector Balanced
starstarstar (as at 30 Nov 2023)
Superannuation Fund
13 Aug 2012
$912.47 million (as at 30 Nov 2023)
$1.9868 (as at 30 Nov 2023)
$1.9846 (as at 30 Nov 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2015)
Minimum initial investment
Minimum additional investments

Top 10 holdings (as at 30 Jun 2016)

Holding (as at 30 Jun 2016) Type % of Portfolio
Balanced Fnd Mutual Fund - CIT 100%

FAQs about the ING DIRECT Super Option Balanced

The objective of the ING DIRECT Super Option Balanced managed fund is Aims to provide medium to long term capital growth with income built into the unit price. Aims to achieve a 2.5% average annual return above inflation (CPI) over 4 years before fees and taxes.

The strategy of the ING DIRECT Super Option Balanced managed fund is The long term asset allocation is 50% growth assets and 50% income assets. This option invests in Cash, Australian shares, International shares (Hedged), International Shares. The option can invest directly or indirectly (via managed investments). Asset allocation is balanced back to the long term target.

The APIR code of the ING DIRECT Super Option Balanced managed fund is TCS0001AU.

ING DIRECT Super Option Balanced’s total return last month was 3.92%. This was made up of a growth return of 3.92% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

ING DIRECT Super Option Balanced’s total return for the last three months was -0.46%. This was made up of a growth return of -0.46% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

ING DIRECT Super Option Balanced’s one-year total return is 4.21%. This was made up of a growth return of 4.21% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

ING DIRECT Super Option Balanced’s one-year total return is 3.45%. This was made up of a growth return of 3.45% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

The asset allocation of the ING DIRECT Super Option Balanced managed fund is :

Australian Equities
31.74%
International Equities
22.74%
Cash
45.52%
Property
0%
Fixed Interest
0%
Alternatives
0%

The ING DIRECT Super Option Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Nov 2023, the size of the ING DIRECT Super Option Balanced managed fund was $912.47 million.

The ING DIRECT Super Option Balanced managed fund has an inception date of 13 Aug 2012.

The current entry price of the ING DIRECT Super Option Balanced managed fund is $1.9868 per unit and the current exit price is $1.9846 per unit (as at 30 Nov 2023).

The current exit price of the ING DIRECT Super Option Balanced managed fund is $1.9846 per unit and the current entry price is $1.9868 per unit (as at 30 Nov 2023).

The minimum initial investment amount for the ING DIRECT Super Option Balanced managed fund is $0. Minimum additional investment 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.