InvestSMART

IOOF/Perennial Flexible Balanced - Managed Fund (Closed)

Fund Objective
To grow value of your investments over the medium to long term by investing in a range of growth and income producing assets, and to provide a total return that exceeds the return of their benchmark measured on a rolling three year basis.
Fund Strategy
The Funds invest in a broad range of investments including Australian and international equities and fixed interest securities, Australian and international property securities and cash.

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 -1.45% -4.17% -2.7% 3.12% 10.86% 4.92% 4.82% 7.6%
Growth return -1.45% -4.17% -2.7% 0.54% 7.59% 1.14% 1.4% 4.37%
Income return 0% 0% 0% 2.58% 3.27% 3.78% 3.42% 3.23%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.9% 5.39% 7.14% 12.12% 12.75% 11.38% 8.95% 8.08%
As at 31 Mar 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF/Perennial Flexible Balanced
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.35%
Australian Equities
27.19%
International Equities
35.14%
Property & Infrastructure
6.40%
Fixed Interest
20.94%
Alternatives
3.98%

General Information

Fund Details
Type Description
IOOF/Perennial Flexible Balanced
Closed
IOF0013AU
Multisector Growth
starstar (as at 31 Mar 2022)
Investment Fund
24 Nov 1992
$7.47 million (as at 31 Mar 2022)
$1.2051 (as at 1 Apr 2022)
$1.2007 (as at 1 Apr 2022)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.74% (as at 30 Nov 2019)
Indirect Cost Ratio (ICR) 1.55% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $2,000.00
Minimum additional investments $500.00

FAQs about the IOOF/Perennial Flexible Balanced

The objective of the IOOF/Perennial Flexible Balanced managed fund is To grow value of your investments over the medium to long term by investing in a range of growth and income producing assets, and to provide a total return that exceeds the return of their benchmark measured on a rolling three year basis.

The strategy of the IOOF/Perennial Flexible Balanced managed fund is The Funds invest in a broad range of investments including Australian and international equities and fixed interest securities, Australian and international property securities and cash.

The APIR code of the IOOF/Perennial Flexible Balanced managed fund is IOF0013AU.

IOOF/Perennial Flexible Balanced’s total return last month was -1.45%. This was made up of a growth return of -1.45% and an income return of 0%. These returns were calculated as at 31 Mar 2022.

IOOF/Perennial Flexible Balanced’s total return for the last three months was -4.17%. This was made up of a growth return of -4.17% and an income return of 0%%. These returns were calculated as at 31 Mar 2022.

IOOF/Perennial Flexible Balanced’s one-year total return is 3.12%. This was made up of a growth return of 0.54% and an income return of 2.58%. These returns were calculated as at 31 Mar 2022.

IOOF/Perennial Flexible Balanced’s one-year total return is 4.92%. This was made up of a growth return of 1.14% and an income return of 3.78%. These returns were calculated as at 31 Mar 2022.

The asset allocation of the IOOF/Perennial Flexible Balanced managed fund is :

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

The IOOF/Perennial Flexible Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2022, the size of the IOOF/Perennial Flexible Balanced managed fund was $7.47 million.

The IOOF/Perennial Flexible Balanced managed fund has an inception date of 24 Nov 1992.

The current entry price of the IOOF/Perennial Flexible Balanced managed fund is $1.2051 per unit and the current exit price is $1.2007 per unit (as at 1 Apr 2022).

The current exit price of the IOOF/Perennial Flexible Balanced managed fund is $1.2007 per unit and the current entry price is $1.2051 per unit (as at 1 Apr 2022).

The minimum initial investment amount for the IOOF/Perennial Flexible Balanced managed fund is $2,000. Minimum additional investment is $500.

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.