General Information

Morningstar Growth Real Return
Morningstar Investment Management Austra
starstarstarstar (as at 30 Nov 2017)
11 May 2001
$330.07 million (as at 31 Oct 2017)
$0.90302 (as at 8 Dec 2017)
$0.90122 (as at 8 Dec 2017)

Fund performance (30 Nov 2017)

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 1.03 4 3.86 11.23 8.93 8.7 10.49 4.72
Growth return 1.03 3.67 -4.86 0.82 1.36 3.23 6.35 1.04
Income return 0 0.33 8.72 10.41 7.57 5.47 4.14 3.68

Asset Allocation (30 Nov 2017)

Australian Equities 7.43%
International Equities 38.54%
Cash 27.30%
Property 1.47%
Fixed Interest 13.70%
Alternatives 11.56%
Asset Allocation

Objectives and Strategy

The fund aims to earn a rate of return that exceeds Consumer Price Index increases by at least 3.5% pa over rolling 7 year periods.
An actively managed diversified Fund with a long term average exposure of around 70% to growth assets such as shares, property and infrastructure and around 30% exposure to income assets such as cash and fixed interest. The Fund will be invested dynamically across managed funds, direct securities, exchange traded funds, foreign exchange contracts and/or derivatives. The Fund aims to deliver real returns whilst preserving capital over the targeted investment horizon.

Offer information

Indirect Cost Ratio (ICR) 1.10% (as at 30 Jun 2017)
Performance fee 0.1634
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 30 Sep 2017)

Holding Type % of Portfolio
Morningstar Alpha Strategies Fund Mutual Fund - Unspecified 16.73%
Login now to view the complete list of holdings.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.