InvestSMART

IOOF WIS ING Balanced - Managed Fund (Closed)

Fund Objective
The ING Wholesale Balanced Trust aims to achieve returns (before fees, charges and taxes) that on average exceed inflation by at least 4.5% per annum, over periods of four years or more.
Fund Strategy
The Trust invests in a diversified mix of Australian and international assets, with a balance of growth and defensive assets. The Trust is actively managed in accordance with ING Investment Management Limited's ('INGIM') investment process.

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 0.9% 0.4% 2.85% 16.56% -3.17% -2.91% 3.54% -%
Growth return 0.9% -0.36% 1.35% 12.85% -12.05% -15.71% -7.96% -%
Income return 0% 0.76% 1.5% 3.71% 8.88% 12.8% 11.5% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.42% 4.1% 5.63% 9.6% 10.37% 9.02% 6.33% 6.31%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF WIS ING Balanced
Australian Equities
19.14%
International Equities
20.50%
Cash
6.93%
Property & Infrastructure
0.91%
Fixed Interest
29.75%
Alternatives
22.78%
Average Allocation of Peers
Australian Equities
16.35%
International Equities
27.94%
Cash
8.18%
Property & Infrastructure
3.82%
Fixed Interest
36.21%
Alternatives
7.50%

General Information

Fund Details
Type Description
IOOF WIS ING Balanced (Wholesale)
Closed
IOOF Global One Limited
ASK0535AU
Multisector Balanced
starstarstar (as at 28 Feb 2010)
Investment Fund
30 Sep 2003
$0.57 million (as at 28 Feb 2010)
$76.53089 (as at 26 Feb 2010)
$76.28639 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
MER 1.24% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.10% (as at 30 Jun 2009)
Minimum initial investment $100,000

FAQs about the IOOF WIS ING Balanced

The objective of the IOOF WIS ING Balanced managed fund is The ING Wholesale Balanced Trust aims to achieve returns (before fees, charges and taxes) that on average exceed inflation by at least 4.5% per annum, over periods of four years or more.

The strategy of the IOOF WIS ING Balanced managed fund is The Trust invests in a diversified mix of Australian and international assets, with a balance of growth and defensive assets. The Trust is actively managed in accordance with ING Investment Management Limited's ('INGIM') investment process.

The APIR code of the IOOF WIS ING Balanced managed fund is ASK0535AU.

IOOF WIS ING Balanced’s total return last month was 0.9%. This was made up of a growth return of 0.9% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF WIS ING Balanced’s total return for the last three months was 0.4%. This was made up of a growth return of -0.36% and an income return of 0.76%%. These returns were calculated as at 28 Feb 2010.

IOOF WIS ING Balanced’s one-year total return is 16.56%. This was made up of a growth return of 12.85% and an income return of 3.71%. These returns were calculated as at 28 Feb 2010.

IOOF WIS ING Balanced’s one-year total return is -2.91%. This was made up of a growth return of -15.71% and an income return of 12.8%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF WIS ING Balanced managed fund is :

Australian Equities
19.14%
International Equities
20.50%
Cash
6.93%
Property & Infrastructure
0.91%
Fixed Interest
29.75%
Alternatives
22.78%

The Responsible Entity for the IOOF WIS ING Balanced managed fund is IOOF Global One Limited.

The IOOF WIS ING Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at 28 Feb 2010, the size of the IOOF WIS ING Balanced managed fund was $0.57 million.

The IOOF WIS ING Balanced managed fund has an inception date of 30 Sep 2003.

The current entry price of the IOOF WIS ING Balanced managed fund is $76.53089 per unit and the current exit price is $76.28639 per unit (as at 26 Feb 2010).

The current exit price of the IOOF WIS ING Balanced managed fund is $76.28639 per unit and the current entry price is $76.53089 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF WIS ING Balanced managed fund is $100,000.

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.