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  5. Prudential - Balanced Fund - Managed fund profile

Prudential - Balanced Fund - Managed Fund (Closed)

Fund Objective
This Trust is designed to achieve steady and secure capital growth over the medium to long term with a moderate level of income. For comparison purposes performance is assessed against the average returns from comparable managed growth funds. Suggested investment timeframe is 5 years plus.
Fund Strategy
Invests in a diversified portfolio with the following asset ranges (with benchmarks in brackets): Australian shares 20-60% (35%), overseas shares 10-40% (20%), listed property trusts 10-20% (10%), index linked securities 0-10% (0%), Australian bonds 10-25% (15%), overseas bonds 0-15% (5%), cash and cash equivalents 5-30% (15%). This Fund has an emphasis on Australianand overseas shares, with a usual combined exposure of up to 70%.

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 0.01% 5.61% 4.44% 11.06% 11.28% 10.55% 6.82% 11.35%
Growth return 0.01% 3.22% 2.08% 1.81% 0.18% 0.24% -1.49% 3.43%
Income return 0% 2.39% 2.36% 9.25% 11.1% 10.31% 8.31% 7.92%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.9% 5.39% 7.14% 12.12% 12.75% 11.38% 8.95% 8.08%
As at 31 Jan 1999. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Prudential - Balanced Fund
Australian Equities
37.05%
International Equities
20.65%
Cash
11.07%
Property & Infrastructure
12.67%
Fixed Interest
18.55%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.24%
International Equities
35.24%
Cash
6.12%
Property & Infrastructure
6.41%
Fixed Interest
20.99%
Alternatives
4.01%

General Information

Fund Details
Type Description
Prudential - Balanced Fund
Closed
Colonial First State Fund Services Ltd
PRU0003AU
Multisector Growth
Not Rated
Investment Fund
23 Nov 1987
$32.54 million (as at 31 Jan 1999)
$1.4045 (as at 5 Feb 1999)
$1.3431 (as at 5 Feb 1999)
Finalised
Offer information
Type Description
MER 1.76% (as at 30 Jun 1998)
Minimum initial investment $1,000.00

FAQs about the Prudential - Balanced Fund

The objective of the Prudential - Balanced Fund managed fund is This Trust is designed to achieve steady and secure capital growth over the medium to long term with a moderate level of income. For comparison purposes performance is assessed against the average returns from comparable managed growth funds. Suggested investment timeframe is 5 years plus.

The strategy of the Prudential - Balanced Fund managed fund is Invests in a diversified portfolio with the following asset ranges (with benchmarks in brackets): Australian shares 20-60% (35%), overseas shares 10-40% (20%), listed property trusts 10-20% (10%), index linked securities 0-10% (0%), Australian bonds 10-25% (15%), overseas bonds 0-15% (5%), cash and cash equivalents 5-30% (15%). This Fund has an emphasis on Australianand overseas shares, with a usual combined exposure of up to 70%.

The APIR code of the Prudential - Balanced Fund managed fund is PRU0003AU.

Prudential - Balanced Fund’s total return last month was 0.01%. This was made up of a growth return of 0.01% and an income return of 0%. These returns were calculated as at 31 Jan 1999.

Prudential - Balanced Fund’s total return for the last three months was 5.61%. This was made up of a growth return of 3.22% and an income return of 2.39%%. These returns were calculated as at 31 Jan 1999.

Prudential - Balanced Fund’s one-year total return is 11.06%. This was made up of a growth return of 1.81% and an income return of 9.25%. These returns were calculated as at 31 Jan 1999.

Prudential - Balanced Fund’s one-year total return is 10.55%. This was made up of a growth return of 0.24% and an income return of 10.31%. These returns were calculated as at 31 Jan 1999.

The asset allocation of the Prudential - Balanced Fund managed fund is :

Australian Equities
37.05%
International Equities
20.65%
Cash
11.07%
Property & Infrastructure
12.67%
Fixed Interest
18.55%
Alternatives
0%

The Responsible Entity for the Prudential - Balanced Fund managed fund is Colonial First State Fund Services Ltd.

The Prudential - Balanced Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Jan 1999, the size of the Prudential - Balanced Fund managed fund was $32.54 million.

The Prudential - Balanced Fund managed fund has an inception date of 23 Nov 1987.

The current entry price of the Prudential - Balanced Fund managed fund is $1.4045 per unit and the current exit price is $1.3431 per unit (as at 5 Feb 1999).

The current exit price of the Prudential - Balanced Fund managed fund is $1.3431 per unit and the current entry price is $1.4045 per unit (as at 5 Feb 1999).

The minimum initial investment amount for the Prudential - Balanced Fund managed fund is $1,000.

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.