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  5. Russell Balanced Portfolio P - Managed fund profile

Russell Balanced Portfolio P - Managed Fund (Closed)

Fund Objective
To provide returns over the medium to long term, with moderate to high volatility, consistent with a diversified mix of predominantly growth oriented assets and some defensive assets.
Fund Strategy
The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 70% and defensive investments of around 30%. Derivatives may be used to implement investment strategies.

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 -1.46% 1.5% 9.66% -4.08% 1.68% 3.91% 5.99% 7.02%
Growth return -1.46% 1.5% 9.66% -4.08% 1.68% 3.91% 5.99% 7.02%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.5% 5.98% 13.05% 14.32% 6.19% 6.56% 7.27% 7.68%
As at 30 Sep 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Balanced Portfolio P
Australian Equities
23.14%
International Equities
33.92%
Cash
7.63%
Property
9.56%
Fixed Interest
25.75%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.47%
International Equities
32.99%
Cash
6.66%
Property
6.79%
Fixed Interest
21.86%
Alternatives
4.23%

General Information

Fund Details
Type Description
Russell Balanced Portfolio P (Wholesale)
Closed
TRM0025AU
Multisector Growth
starstarstar (as at 30 Sep 2020)
Allocated Pension
1 Jul 2007
n/a
$1.7857 (as at 30 Sep 2020)
$1.7857 (as at 30 Sep 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.05% (as at 30 Apr 2014) (Estimated)
Minimum initial investment $50,000

Top 10 holdings (as at 30 Jun 2023)

Holding (as at 30 Jun 2023) Type % of Portfolio
Metrics Credit Partners Div Met Cr Mutual Fund - Unspecified 4.56%
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FAQs about the Russell Balanced Portfolio P

The objective of the Russell Balanced Portfolio P managed fund is To provide returns over the medium to long term, with moderate to high volatility, consistent with a diversified mix of predominantly growth oriented assets and some defensive assets.

The strategy of the Russell Balanced Portfolio P managed fund is The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 70% and defensive investments of around 30%. Derivatives may be used to implement investment strategies.

The APIR code of the Russell Balanced Portfolio P managed fund is TRM0025AU.

Russell Balanced Portfolio P’s total return last month was -1.46%. This was made up of a growth return of -1.46% and an income return of 0%. These returns were calculated as at 30 Sep 2020.

Russell Balanced Portfolio P’s total return for the last three months was 1.5%. This was made up of a growth return of 1.5% and an income return of 0%%. These returns were calculated as at 30 Sep 2020.

Russell Balanced Portfolio P’s one-year total return is -4.08%. This was made up of a growth return of -4.08% and an income return of 0%. These returns were calculated as at 30 Sep 2020.

Russell Balanced Portfolio P’s one-year total return is 3.91%. This was made up of a growth return of 3.91% and an income return of 0%. These returns were calculated as at 30 Sep 2020.

The asset allocation of the Russell Balanced Portfolio P managed fund is :

Australian Equities
23.14%
International Equities
33.92%
Cash
7.63%
Property
9.56%
Fixed Interest
25.75%
Alternatives
0%

The Russell Balanced Portfolio P managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Apr 2014, the size of the Russell Balanced Portfolio P managed fund was $ million.

The Russell Balanced Portfolio P managed fund has an inception date of 1 Jul 2007.

The current entry price of the Russell Balanced Portfolio P managed fund is $1.7857 per unit and the current exit price is $1.7857 per unit (as at 30 Sep 2020).

The current exit price of the Russell Balanced Portfolio P managed fund is $1.7857 per unit and the current entry price is $1.7857 per unit (as at 30 Sep 2020).

The minimum initial investment amount for the Russell Balanced Portfolio P managed fund is $50,000.

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.