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  5. IOOF MultiMix Balanced Growth Trust - Managed fund profile

IOOF MultiMix Balanced Growth Trust - Managed Fund

Fund Objective
To provide capital growth over the medium to long term by investing in a diversified portfolio of growth assets with some defensive asset exposure, and to achieve a total return after fees in excess of the Trusti-s benchmark1 over a rolling five-year period.
Fund Strategy
The Trust generally gains its exposure to a diversified portfolio of investments through a mix of investment managers. The growth orientation of the Trust means it has a greater exposure to growth assets (such as Australian and international property and shares and alternative - growth), with a moderate exposure to defensive assets (such as cash, fixed interest and alternative - defensive).

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 2.36% 5.64% 10.04% 12.58% 6.38% 6.98% 7.89% 8.01%
Growth return 2.36% 5.64% 9.61% 7.12% 0.24% 0.08% 0.9% -0.55%
Income return 0% 0% 0.43% 5.46% 6.14% 6.9% 6.99% 8.56%
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

IOOF MultiMix Balanced Growth Trust
Australian Equities
24.89%
International Equities
28.84%
Cash
5.37%
Property
5.56%
Fixed Interest
21.67%
Alternatives
13.67%
Average Allocation of Peers
Australian Equities
27.49%
International Equities
32.99%
Cash
6.64%
Property
6.78%
Fixed Interest
21.86%
Alternatives
4.24%

General Information

Fund Details
Type Description
IOOF MultiMix Balanced Growth Trust
IOOF Investment Management Limited
IOF0093AU
Multisector Growth
starstarstarstarstar (as at 31 Mar 2024)
Investment Fund
29 Apr 2008
$1952.88 million (as at 31 Mar 2024)
$0.968 (as at 16 Apr 2024)
$0.966 (as at 16 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.13% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.23
Minimum initial investment $25,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

FAQs about the IOOF MultiMix Balanced Growth Trust

The objective of the IOOF MultiMix Balanced Growth Trust managed fund is To provide capital growth over the medium to long term by investing in a diversified portfolio of growth assets with some defensive asset exposure, and to achieve a total return after fees in excess of the Trusti-s benchmark1 over a rolling five-year period.

The strategy of the IOOF MultiMix Balanced Growth Trust managed fund is The Trust generally gains its exposure to a diversified portfolio of investments through a mix of investment managers. The growth orientation of the Trust means it has a greater exposure to growth assets (such as Australian and international property and shares and alternative - growth), with a moderate exposure to defensive assets (such as cash, fixed interest and alternative - defensive).

The APIR code of the IOOF MultiMix Balanced Growth Trust managed fund is IOF0093AU.

IOOF MultiMix Balanced Growth Trust’s total return last month was 2.36%. This was made up of a growth return of 2.36% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

IOOF MultiMix Balanced Growth Trust’s total return for the last three months was 5.64%. This was made up of a growth return of 5.64% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

IOOF MultiMix Balanced Growth Trust’s one-year total return is 12.58%. This was made up of a growth return of 7.12% and an income return of 5.46%. These returns were calculated as at 31 Mar 2024.

IOOF MultiMix Balanced Growth Trust’s one-year total return is 6.98%. This was made up of a growth return of 0.08% and an income return of 6.9%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the IOOF MultiMix Balanced Growth Trust managed fund is :

Australian Equities
24.89%
International Equities
28.84%
Cash
5.37%
Property
5.56%
Fixed Interest
21.67%
Alternatives
13.67%

The Responsible Entity for the IOOF MultiMix Balanced Growth Trust managed fund is IOOF Investment Management Limited.

The IOOF MultiMix Balanced Growth Trust managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2024, the size of the IOOF MultiMix Balanced Growth Trust managed fund was $1952.88 million.

The IOOF MultiMix Balanced Growth Trust managed fund has an inception date of 29 Apr 2008.

The current entry price of the IOOF MultiMix Balanced Growth Trust managed fund is $0.968 per unit and the current exit price is $0.966 per unit (as at 16 Apr 2024).

The current exit price of the IOOF MultiMix Balanced Growth Trust managed fund is $0.966 per unit and the current entry price is $0.968 per unit (as at 16 Apr 2024).

The minimum initial investment amount for the IOOF MultiMix Balanced Growth Trust 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.