North Professional Balanced
About this Fund
|FUND MANAGER||ipac portfolio management|
|INVESTMENT STYLE||The Fund invests in a diversified mix of growth and defensive assets.|
|INVESTMENT PROFILE||The Fund aims to provide investors with moderate long-term investment returns, with the likelihood of fluctuations in the value of their investment from year to year.|
|CURRENCY MANAGEMENT||Active management|
|NO. OF HOLDINGS|
|FEES||0.79% p.a. of the net assets of the Fund|
Benefits of investing in the North Professional Series
The benefits of investing in the Funds are:
High (SRM 5)
About the Fund
The North Professional Series is a range of six individually managed funds designed to help investors achieve their saving, investment and financial goals. Each Fund offers investors an actively managed and diversified exposure to a variety of asset classes including shares, property, fixed interest, cash and alternatives - both in Australia and overseas.
Each of the Funds invest in varying combinations of growth and defensive assets, offering investors choice, each with a different risk profile. Growth assets (such as shares and property) are expected to generate higher long-term returns than defensive assets (such as cash and fixed interest), but with greater volatility (or have a higher risk profile). Generally, the higher the amount of growth assets in a fund, the greater the potential long-term return and the higher the risks associated with that fund.
Investments are generally made in managed investment funds. The assets in these underlying funds are managed by specialist investment managers selected for their expertise in each asset class. The Portfolio Manager is responsible for conducting extensive research into selecting specialist investment managers. These specialist investment managers range from large global firms to boutique managers. The Portfolio Manager then blends these managers to construct multi-manager portfolios that aim to achieve the Fund's investment objectives.
How we invest your money
The Fund invests in a diversified mix of growth and defensive assets. Growth assets such as shares and real assets will have an average allocation over time of 70%, with the balance in defensive assets such as cash and fixed interest.
The Fund will invest in managed investment schemes whose assets are managed by a range of complementary specialist investment managers selected for their expertise in that asset class.
The diversity of exposure by asset class and investment style seeks to minimise the risk of underperformance should one particular asset class or investment style be out of favour within a particular investment timeframe.
(Asset class: Long-term target / Range)
TOTAL GROWTH ASSETS: 70%
TOTAL DEFENSIVE ASSETS: 30%
*Includes an allocation to Australian listed property, global listed property and global listed infrastructure asset classes.