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  5. IOOF/Perennial Flexible Growth Shares - Managed fund profile

IOOF/Perennial Flexible Growth Shares - Managed Fund (Closed)

Fund Objective
To grow the value of your investment over the long term via a combination of capital growth and tax-effective income, by investing in a diversified portfolio of Australian shares with returns that outperform the S&P/ASX 300 Accumulation Index, measured on a rolling three-year basis.
Fund Strategy
The fund seeks to invest in a diversified range of industrial and resource companies listed on the ASX. The Manager intends to fully invest in shares however it reserves the right to reduce exposure to a minimum of 90% with the balance invested in cash and other short-term liquid assets.

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 3.02% -0.79% -3.32% 11.23% 8.78% 8.72% 6.59% 7.58%
Growth return 5.67% 1.45% 2.5% 11.74% 23.31% 6.6% 4.25% 5.55%
Income return -2.65% -2.24% -5.82% -0.51% -14.53% 2.12% 2.34% 2.03%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 28 Feb 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF/Perennial Flexible Growth Shares
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
-0.78%
Australian Equities
93.72%
International Equities
4.82%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
IOOF/Perennial Flexible Growth Shares
Closed
IOF0015AU
Equity Australia Large Growth
starstarstar (as at 28 Feb 2022)
Investment Fund
8 Aug 1988
$6.15 million (as at 31 Mar 2022)
$1.343 (as at 1 Apr 2022)
$1.3401 (as at 1 Apr 2022)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.54% (as at 30 Nov 2019)
Indirect Cost Ratio (ICR) 1.33% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $2,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Dec 2018)

Holding (as at 31 Dec 2018) Type % of Portfolio
BHP Group Ltd Equity 10.46%
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FAQs about the IOOF/Perennial Flexible Growth Shares

The objective of the IOOF/Perennial Flexible Growth Shares managed fund is To grow the value of your investment over the long term via a combination of capital growth and tax-effective income, by investing in a diversified portfolio of Australian shares with returns that outperform the S&P/ASX 300 Accumulation Index, measured on a rolling three-year basis.

The strategy of the IOOF/Perennial Flexible Growth Shares managed fund is The fund seeks to invest in a diversified range of industrial and resource companies listed on the ASX. The Manager intends to fully invest in shares however it reserves the right to reduce exposure to a minimum of 90% with the balance invested in cash and other short-term liquid assets.

The APIR code of the IOOF/Perennial Flexible Growth Shares managed fund is IOF0015AU.

IOOF/Perennial Flexible Growth Shares’s total return last month was 3.02%. This was made up of a growth return of 5.67% and an income return of -2.65%. These returns were calculated as at 28 Feb 2022.

IOOF/Perennial Flexible Growth Shares’s total return for the last three months was -0.79%. This was made up of a growth return of 1.45% and an income return of -2.24%%. These returns were calculated as at 28 Feb 2022.

IOOF/Perennial Flexible Growth Shares’s one-year total return is 11.23%. This was made up of a growth return of 11.74% and an income return of -0.51%. These returns were calculated as at 28 Feb 2022.

IOOF/Perennial Flexible Growth Shares’s one-year total return is 8.72%. This was made up of a growth return of 6.6% and an income return of 2.12%. These returns were calculated as at 28 Feb 2022.

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

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

The IOOF/Perennial Flexible Growth Shares managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 31 Mar 2022, the size of the IOOF/Perennial Flexible Growth Shares managed fund was $6.15 million.

The IOOF/Perennial Flexible Growth Shares managed fund has an inception date of 8 Aug 1988.

The current entry price of the IOOF/Perennial Flexible Growth Shares managed fund is $1.343 per unit and the current exit price is $1.3401 per unit (as at 1 Apr 2022).

The current exit price of the IOOF/Perennial Flexible Growth Shares managed fund is $1.3401 per unit and the current entry price is $1.343 per unit (as at 1 Apr 2022).

The minimum initial investment amount for the IOOF/Perennial Flexible Growth Shares 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.