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  5. MINE Conservative Balanced Pension - Managed fund profile

MINE Conservative Balanced Pension - Managed Fund

Fund Objective
Achieve a return exceeding the increase in the Consumer Price Index (CPI) by at least 2.5% pa, after tax and investment costs, over any 10 year period.
Fund Strategy
The Fund seeks to maintain a broadly diversified portfolio incorporating growth and defensive assets in order to provide consistent returns over a long period. Growth assets have the potential to provide high long-term returns, but also have the highest short-term risk. A portion of the portfolio is invested in alternative assets, such as private equity. The Fund also invests in income assets, such as enhanced cash and fixed income.

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 1.58% 3.88% 8.63% 9.35% 5.34% 5.37% 5.75% 5.86%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 2.01% 4.52% 10.56% 10.77% 4.44% 4.22% 5.24% 6.13%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
6.07%
Australian Equities
16.57%
International Equities
26.70%
Cash
9.52%
Property
4.42%
Fixed Interest
36.71%

General Information

Fund Details
Type Description
MINE Conservative Balanced Pension
Multisector Balanced
starstarstarstar (as at 31 Jan 2024)
Allocated Pension
1 Jul 1999
n/a
n/a
n/a
Open
Offer information
Type Description

FAQs about the MINE Conservative Balanced Pension

The objective of the MINE Conservative Balanced Pension managed fund is Achieve a return exceeding the increase in the Consumer Price Index (CPI) by at least 2.5% pa, after tax and investment costs, over any 10 year period.

The strategy of the MINE Conservative Balanced Pension managed fund is The Fund seeks to maintain a broadly diversified portfolio incorporating growth and defensive assets in order to provide consistent returns over a long period. Growth assets have the potential to provide high long-term returns, but also have the highest short-term risk. A portion of the portfolio is invested in alternative assets, such as private equity. The Fund also invests in income assets, such as enhanced cash and fixed income.

The APIR code of the MINE Conservative Balanced Pension managed fund is .

MINE Conservative Balanced Pension’s total return last month was 1.58%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2024.

MINE Conservative Balanced Pension’s total return for the last three months was 3.88%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Mar 2024.

MINE Conservative Balanced Pension’s one-year total return is 9.35%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2024.

MINE Conservative Balanced Pension’s one-year total return is 5.37%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the MINE Conservative Balanced Pension managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The MINE Conservative Balanced Pension managed fund belongs to the Multisector Balanced sector/asset class.

As at , the size of the MINE Conservative Balanced Pension managed fund was $ million.

The MINE Conservative Balanced Pension managed fund has an inception date of 1 Jul 1999.

The current entry price of the MINE Conservative Balanced Pension managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the MINE Conservative Balanced Pension managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the MINE Conservative Balanced Pension managed fund is $.

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.