Ipac Select Index Moderately Defensive - Managed Fund (Closed)

Fund Objective

To provide modest growth in your investment over the medium term with some fluctuations in value likely.

Fund Strategy

The fund seeks to invest in a diversified mix of growth and defensive assets. Growth assets such as shares and property will have an average allocation over time of around 50%; with the balance in defensive assets such as cash and fixed interest. The fund tries to achieve its objective by using a range of complementary specialist investment managers.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.28%	5.42%	4.01%	9.28%	9.86%	8.38%	6.76%	5.79%
Growth return	1.28%	3.96%	2.56%	7.16%	5.55%	4.49%	1.77%	0.63%
Income return	0%	1.46%	1.45%	2.12%	4.31%	3.89%	4.99%	5.16%
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 31 Jul 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ipac Select Index Moderately Defensive

Australian Equities: 21.39%

International Equities: 31.88%

Cash: 9.70%

Property & Infrastructure: 2.86%

Fixed Interest: 34.16%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 16.40%

International Equities: 27.91%

Cash: 8.22%

Property & Infrastructure: 3.77%

Fixed Interest: 36.19%

Alternatives: 7.51%

General Information

Fund Details

Type	Description
Fund Name	Ipac Select Index Moderately Defensive
Fund Status	Closed
Responsible Entity	IPAC Asset Management Limited
APIR Code	IPA0147AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	(as at 31 Jul 2025)
Legal Structure	Investment Fund
Fund Inception	3 Oct 2006
Fund Size	$310.04 million (as at 31 Jul 2025)
Entry Price	$1.0905 (as at 16 Sep 2025)
Exit Price	$1.0892 (as at 16 Sep 2025)
Fund Status	Finalised

Offer information

Type	Description
MER	0.46% (as at 30 Sep 2024)
Indirect Cost Ratio (ICR)	0.46% (as at 30 Jun 2024)
Performance fee (not included in ICR)	0
Minimum initial investment	$500,000
Minimum additional investments	$100.00
Minimum redemption amount	$1,000.00

Top 10 holdings (as at 31 Mar 2025)

Holding (as at 31 Mar 2025)	Type	% of Portfolio
Commonwealth Bank of Australia	Equity	2.24%
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FAQs about the Ipac Select Index Moderately Defensive

What is the objective of the Ipac Select Index Moderately Defensive managed fund?

The objective of the Ipac Select Index Moderately Defensive managed fund is To provide modest growth in your investment over the medium term with some fluctuations in value likely.

What is the strategy for the Ipac Select Index Moderately Defensive managed fund?

The strategy of the Ipac Select Index Moderately Defensive managed fund is The fund seeks to invest in a diversified mix of growth and defensive assets. Growth assets such as shares and property will have an average allocation over time of around 50%; with the balance in defensive assets such as cash and fixed interest. The fund tries to achieve its objective by using a range of complementary specialist investment managers.

What is the APIR code of the Ipac Select Index Moderately Defensive managed fund?

The APIR code of the Ipac Select Index Moderately Defensive managed fund is IPA0147AU.

What was Ipac Select Index Moderately Defensive’s total return last month?

Ipac Select Index Moderately Defensive’s total return last month was 1.28%. This was made up of a growth return of 1.28% and an income return of 0%. These returns were calculated as at 31 Jul 2025.

What was Ipac Select Index Moderately Defensive’s total return for the last three months?

Ipac Select Index Moderately Defensive’s total return for the last three months was 5.42%. This was made up of a growth return of 3.96% and an income return of 1.46%%. These returns were calculated as at 31 Jul 2025.

What is Ipac Select Index Moderately Defensive’s one-year total return?

Ipac Select Index Moderately Defensive’s one-year total return is 9.28%. This was made up of a growth return of 7.16% and an income return of 2.12%. These returns were calculated as at 31 Jul 2025.

What is Ipac Select Index Moderately Defensive’s three-year total return?

Ipac Select Index Moderately Defensive’s one-year total return is 8.38%. This was made up of a growth return of 4.49% and an income return of 3.89%. These returns were calculated as at 31 Jul 2025.

What is the asset allocation of the Ipac Select Index Moderately Defensive managed fund?

The asset allocation of the Ipac Select Index Moderately Defensive managed fund is :

Australian Equities: 21.39%

International Equities: 31.88%

Cash: 9.70%

Property & Infrastructure: 2.86%

Fixed Interest: 34.16%

Alternatives: 0%

Who is the responsible Entity of the Ipac Select Index Moderately Defensive managed fund?

The Responsible Entity for the Ipac Select Index Moderately Defensive managed fund is IPAC Asset Management Limited.

What sector/asset class does the Ipac Select Index Moderately Defensive managed fund belong to?

The Ipac Select Index Moderately Defensive managed fund belongs to the Multisector Balanced sector/asset class.

What is the size of the Ipac Select Index Moderately Defensive managed fund?

As at 31 Jul 2025, the size of the Ipac Select Index Moderately Defensive managed fund was $310.04 million.

What is the inception date of the Ipac Select Index Moderately Defensive managed fund?

The Ipac Select Index Moderately Defensive managed fund has an inception date of 3 Oct 2006.

What is the current entry price of the Ipac Select Index Moderately Defensive managed fund?

The current entry price of the Ipac Select Index Moderately Defensive managed fund is $1.0905 per unit and the current exit price is $1.0892 per unit (as at 16 Sep 2025).

What is the current exit price of the Ipac Select Index Moderately Defensive managed fund?

The current exit price of the Ipac Select Index Moderately Defensive managed fund is $1.0892 per unit and the current entry price is $1.0905 per unit (as at 16 Sep 2025).

What is the minimum investment amount for the Ipac Select Index Moderately Defensive managed fund?

The minimum initial investment amount for the Ipac Select Index Moderately Defensive managed fund is $500,000. Minimum additional investment is $100.

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.

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