Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.
1M | 3M | 6M | 1Y p.a. | 2Y p.a. | 3Y p.a. | 5Y p.a. | 10Y p.a. | |
Total return | 0.5% | -0.64% | 1.86% | 6.5% | 5.48% | 3.84% | 3.45% | 3.35% |
Growth return | 0.5% | -0.64% | 1.86% | 6.1% | 5.04% | 3.44% | 1.32% | -0.53% |
Income return | 0% | 0% | 0% | 0.4% | 0.44% | 0.4% | 2.13% | 3.88% |
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
|
||||||||
Total return | 1.06% | 2.87% | 4.38% | 7.21% | 7.92% | 6.66% | 3.89% | 4.5% |
Type | Description |
SUMMIT Select - Active Defensive Units (Wholesale) | |
Closed | |
IPAC Asset Management Limited | |
NMM0106AU | |
Multisector Moderate | |
![]() ![]() ![]() |
|
Investment Fund | |
1 Sep 1999 | |
$8.4 million (as at 30 Apr 2025) | |
$1.03051 (as at 22 May 2025) | |
$1.02876 (as at 22 May 2025) | |
Finalised |
Type | Description |
MER | 1.12% (as at 30 Sep 2024) |
Indirect Cost Ratio (ICR) | 1.06% (as at 30 Jun 2024) |
Performance fee (not included in ICR) | 0 |
Minimum initial investment | $500,000 |
Minimum redemption amount |
Holding (as at 31 Mar 2025) | Type | % of Portfolio |
Coolabah Active Global Bond Fund Zero Fee Class | Mutual Fund - Unspecified | 5.91% |
Login now to view the complete list of holdings. |
The objective of the SUMMIT Select - Active Defensive Units managed fund is To provide some growth in your investment over the short to medium term with smaller fluctuations in value than the other Active investment options.
The strategy of the SUMMIT Select - Active Defensive Units managed fund is The fund seeks to invest in a diversified mix of predominantly defensive assets such as cash and fixed interest with a target allocation of 30% invested in growth assets such as equities and property. The fund seeks to invest by using a range of specialist investment managers.
The APIR code of the SUMMIT Select - Active Defensive Units managed fund is NMM0106AU.
SUMMIT Select - Active Defensive Units’s total return last month was 0.5%. This was made up of a growth return of 0.5% and an income return of 0%. These returns were calculated as at 30 Apr 2025.
SUMMIT Select - Active Defensive Units’s total return for the last three months was -0.64%. This was made up of a growth return of -0.64% and an income return of 0%%. These returns were calculated as at 30 Apr 2025.
SUMMIT Select - Active Defensive Units’s one-year total return is 6.5%. This was made up of a growth return of 6.1% and an income return of 0.4%. These returns were calculated as at 30 Apr 2025.
SUMMIT Select - Active Defensive Units’s one-year total return is 3.84%. This was made up of a growth return of 3.44% and an income return of 0.4%. These returns were calculated as at 30 Apr 2025.
The asset allocation of the SUMMIT Select - Active Defensive Units managed fund is :
The Responsible Entity for the SUMMIT Select - Active Defensive Units managed fund is IPAC Asset Management Limited.
The SUMMIT Select - Active Defensive Units managed fund belongs to the Multisector Moderate sector/asset class.
As at 30 Apr 2025, the size of the SUMMIT Select - Active Defensive Units managed fund was $8.4 million.
The SUMMIT Select - Active Defensive Units managed fund has an inception date of 1 Sep 1999.
The current entry price of the SUMMIT Select - Active Defensive Units managed fund is $1.03051 per unit and the current exit price is $1.02876 per unit (as at 22 May 2025).
The current exit price of the SUMMIT Select - Active Defensive Units managed fund is $1.02876 per unit and the current entry price is $1.03051 per unit (as at 22 May 2025).
The minimum initial investment amount for the SUMMIT Select - Active Defensive Units managed fund is $500,000.
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.