MyNorth Dynamic Balanced - Managed Fund (Closed)

The objective of the MyNorth Dynamic Balanced managed fund is The investment objective of the Fund is to outperform the median of the Chant West growth fund survey over the investment horizon of the Fund (7 years). Performance benchmark: Median of the Chant West growth fund survey Suggested minimum investment timeframe 7 year(s).

The strategy of the MyNorth Dynamic Balanced managed fund is The Fund pursues a core-satellite approach which blends both passive and active investment styles in a targeted 75/25 allocation split. This is achieved by investing into diversified managed funds. The active portion of the Fund uses dynamic asset allocation (DAA) that frequently adjusts the mix of asset classes to suit market conditions. This combination of a core passive weighting enhanced by DAA means that a portion of the option can navigate the investment cycle seeking to deliver a smoother investment journey over the longer term.

The APIR code of the MyNorth Dynamic Balanced managed fund is AMP2086AU.

MyNorth Dynamic Balanced’s total return last month was -0.54%. This was made up of a growth return of -0.54% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

MyNorth Dynamic Balanced’s total return for the last three months was 0.25%. This was made up of a growth return of -0.51% and an income return of 0.76%%. These returns were calculated as at 28 Feb 2025.

MyNorth Dynamic Balanced’s one-year total return is 10.72%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 28 Feb 2025.

MyNorth Dynamic Balanced’s one-year total return is 5.89%. This was made up of a growth return of -0.07% and an income return of 5.96%. These returns were calculated as at 28 Feb 2025.

The asset allocation of the MyNorth Dynamic Balanced managed fund is :

The Responsible Entity for the MyNorth Dynamic Balanced managed fund is IPAC Asset Management Limited.

The MyNorth Dynamic Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 28 Feb 2025, the size of the MyNorth Dynamic Balanced managed fund was $61.47 million.

The MyNorth Dynamic Balanced managed fund has an inception date of 11 Feb 2016.

The current entry price of the MyNorth Dynamic Balanced managed fund is $ per unit and the current exit price is $1.04122 per unit (as at 20 Mar 2025).

The current exit price of the MyNorth Dynamic Balanced managed fund is $1.04122 per unit and the current entry price is $ per unit (as at 20 Mar 2025).

The minimum initial investment amount for the MyNorth Dynamic Balanced managed fund is $0. Minimum additional investment is $5000.