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  5. Smartsave Pensions Balanced - Managed fund profile

Smartsave Pensions Balanced - Managed Fund

Fund Objective
To provide investors with security and a balance of income and capital growth over the medium to long-term through exposure across a range of asset classes and by using several investment managers. The Fund aims to outperform the performance benchmark over rolling three year periods, without increasing the relative quarterly return volatility risk.
Fund Strategy
The Fund invests in a diversified range of fixed interest securities and funds, combined with an equal exposure to growth assets such as Australian and international shares. Asset allocations will be actively managed within ranges around the long-term strategic asset allocations below, in accordance with the Investment Manager's assessment of global economic and market value conditions relative to the level of assumed risks.

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 -2.43% 1.31% 10.67% 7.74% 4.98% 3.08% 4.25% 5.14%
Growth return -2.43% 1.31% 10.67% 7.74% 4.98% 3.08% 4.25% 5.14%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.42% 4.1% 5.63% 9.6% 10.37% 9.02% 6.33% 6.31%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
7.51%
Australian Equities
16.38%
International Equities
27.94%
Cash
8.21%
Property & Infrastructure
3.77%
Fixed Interest
36.19%

General Information

Fund Details
Type Description
Smartsave Pensions Balanced
Tidswell Financial Services Ltd
Multisector Balanced
starstarstar (as at 31 Aug 2021)
Allocated Pension
1 Aug 2001
n/a
$2.99872 (as at 15 May 2024)
$2.99318 (as at 15 May 2024)
Finalised
Offer information
Type Description
MER 0.96% (as at 22 Sep 2023)
Indirect Cost Ratio (ICR) 2.06% (as at 30 Jun 2016)
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Smartsave Pensions Balanced

The objective of the Smartsave Pensions Balanced managed fund is To provide investors with security and a balance of income and capital growth over the medium to long-term through exposure across a range of asset classes and by using several investment managers. The Fund aims to outperform the performance benchmark over rolling three year periods, without increasing the relative quarterly return volatility risk.

The strategy of the Smartsave Pensions Balanced managed fund is The Fund invests in a diversified range of fixed interest securities and funds, combined with an equal exposure to growth assets such as Australian and international shares. Asset allocations will be actively managed within ranges around the long-term strategic asset allocations below, in accordance with the Investment Manager's assessment of global economic and market value conditions relative to the level of assumed risks.

The APIR code of the Smartsave Pensions Balanced managed fund is .

Smartsave Pensions Balanced’s total return last month was -2.43%. This was made up of a growth return of -2.43% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Smartsave Pensions Balanced’s total return for the last three months was 1.31%. This was made up of a growth return of 1.31% and an income return of 0%%. These returns were calculated as at 30 Apr 2024.

Smartsave Pensions Balanced’s one-year total return is 7.74%. This was made up of a growth return of 7.74% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Smartsave Pensions Balanced’s one-year total return is 3.08%. This was made up of a growth return of 3.08% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the Smartsave Pensions Balanced managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Smartsave Pensions Balanced managed fund is Tidswell Financial Services Ltd.

The Smartsave Pensions Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at , the size of the Smartsave Pensions Balanced managed fund was $ million.

The Smartsave Pensions Balanced managed fund has an inception date of 1 Aug 2001.

The current entry price of the Smartsave Pensions Balanced managed fund is $2.99872 per unit and the current exit price is $2.99318 per unit (as at 15 May 2024).

The current exit price of the Smartsave Pensions Balanced managed fund is $2.99318 per unit and the current entry price is $2.99872 per unit (as at 15 May 2024).

The minimum initial investment amount for the Smartsave Pensions Balanced managed fund is $20,000. Minimum additional investment is $0.

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.