InvestSMART

ipac Classic Portfolio 2 - Managed Fund (Closed)

Fund Objective
Classic Portfolio 2 is for investors seeking balanced long-term investment returns with the likelihood of fluctuations in the value of their investment from year to year. It will provide investors with a portfolio of growth assets such as Australian and international shares and property securities balanced by a modest exposure to defensive assets such as cash and fixed interest securities, and alternative investments.
Fund Strategy
Cash 2% (0%-30%), Australian Fixed Interest 8% (0%-25%), International Fixed Interest 6% (0%-20%), Alternative Income 9% (0%-25%), Alternative Defensive 5% (0%-10%), International Equities 29% (21%-35%), Australian Equities 30% (25%-39%), Global Property 3% (0%-12%), Australian Property 3% (0%-12%), Alternative Growth 5% (0%-10%).

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 1.31% -3.39% -1.67% 5.7% 13.6% 6.46% 5.89% 7.46%
Growth return 1.31% -3.39% -1.78% 3.45% 11.88% 5.12% 3.44% 4.45%
Income return 0% 0% 0.11% 2.25% 1.72% 1.34% 2.45% 3.01%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.75% 4.43% 10.73% 11.3% 14.85% 13.6% 9.39% 8.35%
As at 31 Mar 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ipac Classic Portfolio 2
Australian Equities
28.74%
International Equities
29.24%
Cash
6.97%
Property & Infrastructure
4.73%
Fixed Interest
17.97%
Alternatives
12.35%
Average Allocation of Peers
Australian Equities
27.21%
International Equities
35.56%
Cash
5.95%
Property & Infrastructure
6.33%
Fixed Interest
20.59%
Alternatives
4.37%

General Information

Fund Details
Type Description
ipac Classic Portfolio 2
Closed
IPAC Asset Management Limited
IPA0118AU
Multisector Growth
starstar (as at 30 Apr 2022)
Investment Fund
3 May 2001
$37.4 million (as at 30 Apr 2022)
$1.07229 (as at 9 May 2022)
$1.06907 (as at 9 May 2022)
Finalised
Offer information
Type Description
MER 1.03% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 0.98% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.02
Minimum initial investment $500,000
Minimum redemption amount $2,000.00

FAQs about the ipac Classic Portfolio 2

The objective of the ipac Classic Portfolio 2 managed fund is Classic Portfolio 2 is for investors seeking balanced long-term investment returns with the likelihood of fluctuations in the value of their investment from year to year. It will provide investors with a portfolio of growth assets such as Australian and international shares and property securities balanced by a modest exposure to defensive assets such as cash and fixed interest securities, and alternative investments.

The strategy of the ipac Classic Portfolio 2 managed fund is Cash 2% (0%-30%), Australian Fixed Interest 8% (0%-25%), International Fixed Interest 6% (0%-20%), Alternative Income 9% (0%-25%), Alternative Defensive 5% (0%-10%), International Equities 29% (21%-35%), Australian Equities 30% (25%-39%), Global Property 3% (0%-12%), Australian Property 3% (0%-12%), Alternative Growth 5% (0%-10%).

The APIR code of the ipac Classic Portfolio 2 managed fund is IPA0118AU.

ipac Classic Portfolio 2’s total return last month was 1.31%. This was made up of a growth return of 1.31% and an income return of 0%. These returns were calculated as at 31 Mar 2022.

ipac Classic Portfolio 2’s total return for the last three months was -3.39%. This was made up of a growth return of -3.39% and an income return of 0%%. These returns were calculated as at 31 Mar 2022.

ipac Classic Portfolio 2’s one-year total return is 5.7%. This was made up of a growth return of 3.45% and an income return of 2.25%. These returns were calculated as at 31 Mar 2022.

ipac Classic Portfolio 2’s one-year total return is 6.46%. This was made up of a growth return of 5.12% and an income return of 1.34%. These returns were calculated as at 31 Mar 2022.

The asset allocation of the ipac Classic Portfolio 2 managed fund is :

Australian Equities
28.74%
International Equities
29.24%
Cash
6.97%
Property & Infrastructure
4.73%
Fixed Interest
17.97%
Alternatives
12.35%

The Responsible Entity for the ipac Classic Portfolio 2 managed fund is IPAC Asset Management Limited.

The ipac Classic Portfolio 2 managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Apr 2022, the size of the ipac Classic Portfolio 2 managed fund was $37.4 million.

The ipac Classic Portfolio 2 managed fund has an inception date of 3 May 2001.

The current entry price of the ipac Classic Portfolio 2 managed fund is $1.07229 per unit and the current exit price is $1.06907 per unit (as at 9 May 2022).

The current exit price of the ipac Classic Portfolio 2 managed fund is $1.06907 per unit and the current entry price is $1.07229 per unit (as at 9 May 2022).

The minimum initial investment amount for the ipac Classic Portfolio 2 managed fund is $500,000.

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.