InvestSMART

Merrill Lynch Sup - Balanced Cl A - Managed Fund (Closed)

Fund Objective
The investment objective of the Fund is to provide investors with the highest possible returns consistent with a 'balanced' investment strategy encompassing: an orientation towards growth assets, an orientation towards Australian assets, and active asset allocation, security selection and risk management. The performance aim of the Fund is to outperform its strategic benchmark over medium to longer term timeframes.
Fund Strategy
The Fund invests in physical instruments (including equities, listed property trusts, limited partnerships, direct property, currency, fixed income, cash, commodities), derivatives (including futures, options, swaps and forward foreign exchange contracts) and structured instruments (which may include a combination of physical instruments and derivatives).

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 -2.18% 2.15% 9.12% 14.12% 12.18% 9.96% 3.28% -%
Growth return -2.18% 2.15% 9.12% 14.12% 12.18% 9.96% 3.28% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.46% 4.16% 11.05% 13.41% 17.1% 12.49% 9.66% 8.09%
As at 31 Oct 2005. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Merrill Lynch Sup - Balanced Cl A
Australian Equities
38%
International Equities
26%
Cash
4.50%
Property & Infrastructure
6.50%
Fixed Interest
25%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.22%
International Equities
35.54%
Cash
5.94%
Property & Infrastructure
6.33%
Fixed Interest
20.59%
Alternatives
4.38%

General Information

Fund Details
Type Description
Merrill Lynch Sup - Balanced Cl A
Closed
BlackRock Investment Mgmt (AUS) Ltd
MAL0001AU
Multisector Growth
Not Rated
Superannuation Fund
1 Jun 1996
n/a
$1.9503 (as at 29 Nov 2005)
$1.8656 (as at 29 Nov 2005)
Finalised
Offer information
Type Description
MER 1.80% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 0.55% (as at 30 Jun 2008)
Minimum initial investment $2,000.00

FAQs about the Merrill Lynch Sup - Balanced Cl A

The objective of the Merrill Lynch Sup - Balanced Cl A managed fund is The investment objective of the Fund is to provide investors with the highest possible returns consistent with a 'balanced' investment strategy encompassing: an orientation towards growth assets, an orientation towards Australian assets, and active asset allocation, security selection and risk management. The performance aim of the Fund is to outperform its strategic benchmark over medium to longer term timeframes.

The strategy of the Merrill Lynch Sup - Balanced Cl A managed fund is The Fund invests in physical instruments (including equities, listed property trusts, limited partnerships, direct property, currency, fixed income, cash, commodities), derivatives (including futures, options, swaps and forward foreign exchange contracts) and structured instruments (which may include a combination of physical instruments and derivatives).

The APIR code of the Merrill Lynch Sup - Balanced Cl A managed fund is MAL0001AU.

Merrill Lynch Sup - Balanced Cl A’s total return last month was -2.18%. This was made up of a growth return of -2.18% and an income return of 0%. These returns were calculated as at 31 Oct 2005.

Merrill Lynch Sup - Balanced Cl A’s total return for the last three months was 2.15%. This was made up of a growth return of 2.15% and an income return of 0%%. These returns were calculated as at 31 Oct 2005.

Merrill Lynch Sup - Balanced Cl A’s one-year total return is 14.12%. This was made up of a growth return of 14.12% and an income return of 0%. These returns were calculated as at 31 Oct 2005.

Merrill Lynch Sup - Balanced Cl A’s one-year total return is 9.96%. This was made up of a growth return of 9.96% and an income return of 0%. These returns were calculated as at 31 Oct 2005.

The asset allocation of the Merrill Lynch Sup - Balanced Cl A managed fund is :

Australian Equities
38%
International Equities
26%
Cash
4.50%
Property & Infrastructure
6.50%
Fixed Interest
25%
Alternatives
0%

The Responsible Entity for the Merrill Lynch Sup - Balanced Cl A managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The Merrill Lynch Sup - Balanced Cl A managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Jun 2009, the size of the Merrill Lynch Sup - Balanced Cl A managed fund was $ million.

The Merrill Lynch Sup - Balanced Cl A managed fund has an inception date of 1 Jun 1996.

The current entry price of the Merrill Lynch Sup - Balanced Cl A managed fund is $1.9503 per unit and the current exit price is $1.8656 per unit (as at 29 Nov 2005).

The current exit price of the Merrill Lynch Sup - Balanced Cl A managed fund is $1.8656 per unit and the current entry price is $1.9503 per unit (as at 29 Nov 2005).

The minimum initial investment amount for the Merrill Lynch Sup - Balanced Cl A managed fund is $2,000.

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.