Macquarie AP - Perpetual Wholesale Balanced Growth - Managed Fund

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Fund Performance Comparison

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Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -0.55 0.17 -0.5 3.85 5.54 3.84 6.49 5.35
Growth return -0.55 0.17 -0.5 3.85 5.54 3.84 6.49 5.35
Income return 0 0 0 0 0 0 0 0

Market index (Morningstar Aus Msec Growth TR AUD)

Total return 0.82 2.03 1.87 7.14 7.66 5.79 9.23 6.32

Asset Allocation (31 May 2018)

Australian Equities 25.49%
International Equities 30.48%
Cash 17.13%
Property 5.96%
Fixed Interest 16.92%
Alternatives 4.03%
Asset Allocation

General Information

Macquarie AP - Perpetual Wholesale Balanced Growth
Macquarie Investment Management Aus Ltd.
Multisector Growth
starstarstar (as at 31 May 2018)
Allocated Pension
23 Feb 2000
$2.88 million (as at 31 May 2018)
$2.8516 (as at 14 Jun 2018)
$2.8419 (as at 14 Jun 2018)

Objectives and Strategy

Aims to provide long-term capital growth and income through investment in a diversified portfolio with an emphasis on Australian and international share investments. The fund aims to outperform a composite benchmark reflecting its allocation to the various asset types over rolling three-year periods.
The fund invests in a diverse mix of growth, defensive and other assets, with a focus on Australian and international shares. Tactical asset allocation strategies may be applied, which involves the fund adjusting its exposure to asset classes on a regular basis within the investment guidelines. Currency hedges may be used from time to time.

Offer information

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

Top 10 holdings (as at 31 Dec 2017)

Holding Type % of Portfolio
iShares Russell 1000 Value ETF Mutual Fund - ETF 4.44%
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Data shown on this website is sourced by Morningstar
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