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  5. Macquarie AP - ING Managed Growth - Managed fund profile

Macquarie AP - ING Managed Growth - Managed Fund (Closed)

Fund Objective
The ING Wholesale Managed Growth Trust aims to achieve returns (before fees, charges and taxes) that on average exceed inflation by at least 5% per annum, over periods of five years or more.
Fund Strategy
The Trust invests in a diversified mix of Australian and international assets with a bias towards growth 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 1.5% 2.7% -2.58% -1.79% 1.43% 3.82% 4.36% 5.52%
Growth return 1.5% 2.7% -2.58% -1.79% 1.43% 3.82% 4.36% 5.52%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.5% 5.98% 13.05% 14.32% 6.19% 6.56% 7.27% 7.68%
As at 31 Aug 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie AP - ING Managed Growth
Australian Equities
23.25%
International Equities
32.31%
Cash
0.85%
Property
4.99%
Fixed Interest
15.86%
Alternatives
22.74%
Average Allocation of Peers
Australian Equities
27.58%
International Equities
33.01%
Cash
6.63%
Property
6.70%
Fixed Interest
21.84%
Alternatives
4.23%

General Information

Fund Details
Type Description
Macquarie AP - ING Managed Growth
Closed
MAQ0238AU
Multisector Growth
starstar (as at 31 Aug 2020)
Allocated Pension
25 Mar 2002
$0.18 million (as at 31 Aug 2020)
$2.2212 (as at 14 Sep 2020)
$2.2186 (as at 14 Sep 2020)
Finalised
Offer information
Type Description
Standard entry fee 3.50%
Indirect Cost Ratio (ICR) 1.98% (as at 30 Jun 2010)
Minimum initial investment $25,000
Minimum redemption amount $500.00

FAQs about the Macquarie AP - ING Managed Growth

The objective of the Macquarie AP - ING Managed Growth managed fund is The ING Wholesale Managed Growth Trust aims to achieve returns (before fees, charges and taxes) that on average exceed inflation by at least 5% per annum, over periods of five years or more.

The strategy of the Macquarie AP - ING Managed Growth managed fund is The Trust invests in a diversified mix of Australian and international assets with a bias towards growth assets. The Trust is actively managed in accordance with ING Investment Management Limited's ('INGIM') investment process.

The APIR code of the Macquarie AP - ING Managed Growth managed fund is MAQ0238AU.

Macquarie AP - ING Managed Growth’s total return last month was 1.5%. This was made up of a growth return of 1.5% and an income return of 0%. These returns were calculated as at 31 Aug 2020.

Macquarie AP - ING Managed Growth’s total return for the last three months was 2.7%. This was made up of a growth return of 2.7% and an income return of 0%%. These returns were calculated as at 31 Aug 2020.

Macquarie AP - ING Managed Growth’s one-year total return is -1.79%. This was made up of a growth return of -1.79% and an income return of 0%. These returns were calculated as at 31 Aug 2020.

Macquarie AP - ING Managed Growth’s one-year total return is 3.82%. This was made up of a growth return of 3.82% and an income return of 0%. These returns were calculated as at 31 Aug 2020.

The asset allocation of the Macquarie AP - ING Managed Growth managed fund is :

Australian Equities
23.25%
International Equities
32.31%
Cash
0.85%
Property
4.99%
Fixed Interest
15.86%
Alternatives
22.74%

The Macquarie AP - ING Managed Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Aug 2020, the size of the Macquarie AP - ING Managed Growth managed fund was $0.18 million.

The Macquarie AP - ING Managed Growth managed fund has an inception date of 25 Mar 2002.

The current entry price of the Macquarie AP - ING Managed Growth managed fund is $2.2212 per unit and the current exit price is $2.2186 per unit (as at 14 Sep 2020).

The current exit price of the Macquarie AP - ING Managed Growth managed fund is $2.2186 per unit and the current entry price is $2.2212 per unit (as at 14 Sep 2020).

The minimum initial investment amount for the Macquarie AP - ING Managed Growth managed fund is $25,000.

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.