InvestSMART

Legg Mason Balanced Trust - Managed Fund (Closed)

Fund Objective
The Trust aims to earn a before fees and taxes return (over rolling three year periods) in excess of a benchmark constructed in accordance with the neutral asset allocation.
Fund Strategy
The Trust primarily invests in units of Schemes for which the Trustee is the Responsible Entity. There are no limits placed on holdings in trusts managed by the Trustee or any related entity.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -2% -2.25% -5.3% 6.59% 8.09% 13.56% 9.97% 5.27%
Growth return -2% -2.25% -5.3% 6.59% 8.09% 13.56% 9.97% 5.27%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
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 30 Sep 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Legg Mason Balanced Trust
Australian Equities
42.27%
International Equities
22.83%
Cash
3.41%
Property & Infrastructure
11.12%
Fixed Interest
20.37%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.19%
International Equities
35.14%
Cash
6.35%
Property & Infrastructure
6.40%
Fixed Interest
20.94%
Alternatives
3.98%

General Information

Fund Details
Type Description
Legg Mason Balanced Trust (Wholesale)
Closed
Legg Mason Asset Management Ltd (AU)
JPM0811AU
Multisector Growth
starstarstarstar (as at 30 Sep 2015)
Superannuation Fund
1 Apr 1975
$128.74 million (as at 30 Sep 2015)
$62.91807 (as at 12 Oct 2015)
$62.61679 (as at 12 Oct 2015)
Finalised
Offer information
Type Description
MER 0.78% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 0.83% (as at 30 Jun 2013)
Minimum initial investment $200,000

Top 10 holdings (as at 30 Sep 2015)

Holding (as at 30 Sep 2015) Type % of Portfolio
Legg Mason Am Au Mutual Fund - Open End 19.78%
Login now to view the complete list of holdings.

FAQs about the Legg Mason Balanced Trust

The objective of the Legg Mason Balanced Trust managed fund is The Trust aims to earn a before fees and taxes return (over rolling three year periods) in excess of a benchmark constructed in accordance with the neutral asset allocation.

The strategy of the Legg Mason Balanced Trust managed fund is The Trust primarily invests in units of Schemes for which the Trustee is the Responsible Entity. There are no limits placed on holdings in trusts managed by the Trustee or any related entity.

The APIR code of the Legg Mason Balanced Trust managed fund is JPM0811AU.

Legg Mason Balanced Trust’s total return last month was -2%. This was made up of a growth return of -2% and an income return of 0%. These returns were calculated as at 30 Sep 2015.

Legg Mason Balanced Trust’s total return for the last three months was -2.25%. This was made up of a growth return of -2.25% and an income return of 0%%. These returns were calculated as at 30 Sep 2015.

Legg Mason Balanced Trust’s one-year total return is 6.59%. This was made up of a growth return of 6.59% and an income return of 0%. These returns were calculated as at 30 Sep 2015.

Legg Mason Balanced Trust’s one-year total return is 13.56%. This was made up of a growth return of 13.56% and an income return of 0%. These returns were calculated as at 30 Sep 2015.

The asset allocation of the Legg Mason Balanced Trust managed fund is :

Australian Equities
42.27%
International Equities
22.83%
Cash
3.41%
Property & Infrastructure
11.12%
Fixed Interest
20.37%
Alternatives
0%

The Responsible Entity for the Legg Mason Balanced Trust managed fund is Legg Mason Asset Management Ltd (AU).

The Legg Mason Balanced Trust managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2015, the size of the Legg Mason Balanced Trust managed fund was $128.74 million.

The Legg Mason Balanced Trust managed fund has an inception date of 1 Apr 1975.

The current entry price of the Legg Mason Balanced Trust managed fund is $62.91807 per unit and the current exit price is $62.61679 per unit (as at 12 Oct 2015).

The current exit price of the Legg Mason Balanced Trust managed fund is $62.61679 per unit and the current entry price is $62.91807 per unit (as at 12 Oct 2015).

The minimum initial investment amount for the Legg Mason Balanced Trust managed fund is $200,000.

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.