InvestSMART

Zurich Superannuation Plan - Merrill Lynch Balanced - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform peer performance consistent with a 'growth' orientated investment strategy encompassing: ? a broadly diversified exposure to Australian and international assets; ? active asset allocation; security selection and risk management; and ? flexibility to deviate meaningfully from the strategic asset allocation to help manage total portfolio risk.
Fund Strategy
The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based 'growth' investment portfolio. The Fund's strategy is built around two steps: ? establishing the most appropriate strategic benchmark subject to the growth/income splits and market risk exposures of the Fund.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.56% 0.96% 2.53% 8.81% 12.43% 7.92% 7.61% 5.58%
Growth return 0.56% 0.96% 2.53% 8.81% 12.43% 7.92% 7.61% 5.58%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.38% -0.09% 4.07% 8.34% 11.24% 10.63% 8.07% 8.42%
As at 31 May 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Zurich Superannuation Plan - Merrill Lynch Balanced
Australian Equities
22.26%
International Equities
22.36%
Cash
18.71%
Property & Infrastructure
3.94%
Fixed Interest
32.72%
Alternatives
0.01%
Average Allocation of Peers
Australian Equities
27.74%
International Equities
34.62%
Cash
5.17%
Property & Infrastructure
6.27%
Fixed Interest
20.37%
Alternatives
5.84%

General Information

Fund Details
Type Description
Zurich Superannuation Plan - Merrill Lynch Balanced
Closed
Zurich Australia Limited
ZUR0046AU
Multisector Growth
starstar (as at 31 May 2014)
Superannuation Fund
1 Feb 1998
$5.64 million (as at 31 May 2014)
$2.60475 (as at 26 Jun 2014)
$2.59566 (as at 26 Jun 2014)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 2.32% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 2.35% (as at 30 Jun 2013)
Minimum initial investment $2,500.00
Minimum additional investments

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025) Type % of Portfolio
Blkrock Tactical Grwth Fnd Class X Mutual Fund - Open End 99.98%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Zurich Superannuation Plan - Merrill Lynch Balanced

The objective of the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund is The Fund aims to outperform peer performance consistent with a 'growth' orientated investment strategy encompassing: ? a broadly diversified exposure to Australian and international assets; ? active asset allocation; security selection and risk management; and ? flexibility to deviate meaningfully from the strategic asset allocation to help manage total portfolio risk.

The strategy of the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund is The investment strategy of the Fund is to provide investors with a diversified exposure to the best investment teams and strategies that the BlackRock Group has globally within the context of an Australian based 'growth' investment portfolio. The Fund's strategy is built around two steps: ? establishing the most appropriate strategic benchmark subject to the growth/income splits and market risk exposures of the Fund.

The APIR code of the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund is ZUR0046AU.

Zurich Superannuation Plan - Merrill Lynch Balanced’s total return last month was 0.56%. This was made up of a growth return of 0.56% and an income return of 0%. These returns were calculated as at 31 May 2014.

Zurich Superannuation Plan - Merrill Lynch Balanced’s total return for the last three months was 0.96%. This was made up of a growth return of 0.96% and an income return of 0%%. These returns were calculated as at 31 May 2014.

Zurich Superannuation Plan - Merrill Lynch Balanced’s one-year total return is 8.81%. This was made up of a growth return of 8.81% and an income return of 0%. These returns were calculated as at 31 May 2014.

Zurich Superannuation Plan - Merrill Lynch Balanced’s one-year total return is 7.92%. This was made up of a growth return of 7.92% and an income return of 0%. These returns were calculated as at 31 May 2014.

The asset allocation of the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund is :

Australian Equities
22.26%
International Equities
22.36%
Cash
18.71%
Property & Infrastructure
3.94%
Fixed Interest
32.72%
Alternatives
0.01%

The Responsible Entity for the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund is Zurich Australia Limited.

The Zurich Superannuation Plan - Merrill Lynch Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 31 May 2014, the size of the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund was $5.64 million.

The Zurich Superannuation Plan - Merrill Lynch Balanced managed fund has an inception date of 1 Feb 1998.

The current entry price of the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund is $2.60475 per unit and the current exit price is $2.59566 per unit (as at 26 Jun 2014).

The current exit price of the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund is $2.59566 per unit and the current entry price is $2.60475 per unit (as at 26 Jun 2014).

The minimum initial investment amount for the Zurich Superannuation Plan - Merrill Lynch Balanced managed fund is $2,500. 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.