InvestSMART

Pendal Multi-asset Target Return - Managed Fund

Fund Objective
The Fund aims to provide a return (before fees, costs and taxes) of Australian CPI plus 5% per annum over rolling five year periods.
Fund Strategy
The Fund is designed for investors who are seeking a return that exceeds inflation, diversification across a broad range of asset classes and are prepared to accept some variability of returns. The Fund aims to generate its returns by investing in shares, listed property securities, fixed interest and alternative investments, both in Australia and globally. To gain its exposure to these asset classes the Fund may invest in shares, bonds, derivatives, unit trusts, exchange traded funds and listed investment companies/trusts.

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 0.88% 1.54% 5.92% 7.03% 6.93% 4.76% 3.12% -%
Growth return 0.88% 1.54% 5.92% 7.03% 6.93% 4.76% 1.53% -%
Income return 0% 0% 0% 0% 0% 0% 1.59% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 0.67% 3.34% 8.26% 9.04% 12.12% 10.82% 6.61% 6.51%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Pendal Multi-asset Target Return
Australian Equities
4.80%
International Equities
28.43%
Cash
15.98%
Fixed Interest
38.53%
Alternatives
12.26%
Property & Infrastructure
0%
Average Allocation of Peers
Australian Equities
16.34%
International Equities
27.92%
Cash
8.37%
Fixed Interest
36.02%
Alternatives
7.52%
Property & Infrastructure
3.82%

General Information

Fund Details
Type Description
Pendal Multi-asset Target Return
PDL3383AU
Multisector Flexible
star (as at 31 Aug 2025)
Investment Fund
11 Apr 2018
$122.99 million (as at 7 Oct 2025)
$1.0544 (as at 7 Oct 2025)
$1.0518 (as at 7 Oct 2025)
Open
Offer information
Type Description
MER 0.78% (as at 11 Apr 2024)
Indirect Cost Ratio (ICR) - Estimated 0.78% (as at 30 Jun 2024) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $25,000

Top 10 holdings (as at 31 Aug 2025)

Holding (as at 31 Aug 2025) Type % of Portfolio
Germany (Federal Republic Of) 0% Bond - Gov't/Treasury 4.20%
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FAQs about the Pendal Multi-asset Target Return

The objective of the Pendal Multi-asset Target Return managed fund is The Fund aims to provide a return (before fees, costs and taxes) of Australian CPI plus 5% per annum over rolling five year periods.

The strategy of the Pendal Multi-asset Target Return managed fund is The Fund is designed for investors who are seeking a return that exceeds inflation, diversification across a broad range of asset classes and are prepared to accept some variability of returns. The Fund aims to generate its returns by investing in shares, listed property securities, fixed interest and alternative investments, both in Australia and globally. To gain its exposure to these asset classes the Fund may invest in shares, bonds, derivatives, unit trusts, exchange traded funds and listed investment companies/trusts.

The APIR code of the Pendal Multi-asset Target Return managed fund is PDL3383AU.

Pendal Multi-asset Target Return’s total return last month was 0.88%. This was made up of a growth return of 0.88% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

Pendal Multi-asset Target Return’s total return for the last three months was 1.54%. This was made up of a growth return of 1.54% and an income return of 0%%. These returns were calculated as at 30 Sep 2025.

Pendal Multi-asset Target Return’s one-year total return is 7.03%. This was made up of a growth return of 7.03% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

Pendal Multi-asset Target Return’s one-year total return is 4.76%. This was made up of a growth return of 4.76% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the Pendal Multi-asset Target Return managed fund is :

Australian Equities
4.80%
International Equities
28.43%
Cash
15.98%
Fixed Interest
38.53%
Alternatives
12.26%
Property & Infrastructure
0%

The Pendal Multi-asset Target Return managed fund belongs to the Multisector Flexible sector/asset class.

As at 7 Oct 2025, the size of the Pendal Multi-asset Target Return managed fund was $122.99 million.

The Pendal Multi-asset Target Return managed fund has an inception date of 11 Apr 2018.

The current entry price of the Pendal Multi-asset Target Return managed fund is $1.0544 per unit and the current exit price is $1.0518 per unit (as at 7 Oct 2025).

The current exit price of the Pendal Multi-asset Target Return managed fund is $1.0518 per unit and the current entry price is $1.0544 per unit (as at 7 Oct 2025).

The minimum initial investment amount for the Pendal Multi-asset Target Return managed fund is $25,000.

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.