Pendal Active Balanced Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100452-2023-01-13-02:38.pdf |
FUND MANAGER | Pendal Institutional |
ASX Code | |
APIR | RFA0815AU |
ASSET CLASS | MULTI-ASSET |
INVESTMENT STYLE | The Fund is an actively managed diversified portfolio that invests in Australian and international shares, listed property securities, fixed interest, cash and alternative investments. |
INVESTMENT PROFILE | The Fund aims to provide a return (before fees, costs and taxes) that exceeds the Benchmark over the medium to long term. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 01-10-1989 |
BENCHMARK | Custom composite (see Key Features) |
FUND SIZE | Custom composite (see Key Features) |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | |
FEES | 0.95% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Pendal Active Balanced FundInvesting in the Fund offers investors a range of benefits:
Risk levelMedium Investor suitabilityThis Fund is designed for investors who want the potential for long term capital growth and income, diversification across a broad range of asset classes and are prepared to accept some variability of returns. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe Pendal Active Balanced Fund (Fund) is an actively managed diversified portfolio that invests in Australian and international shares, Australian and international listed property securities, Australian and international fixed interest, cash and alternative investments. The Fund has a higher weighting towards growth assets than defensive assets. Investment Return ObjectiveThe Fund aims to provide a return (before fees, costs and taxes) that exceeds the Fund's benchmark over the medium to long term. BenchmarkThe benchmark for the Fund is created from a range of published indices. The benchmark is based on the asset allocation neutral position and the index returns for each asset class. Details of the particular market indices used for the Fund's benchmark can be found on the product page. |
Mandate
How we invest your moneyAt Pendal, we actively manage our portfolios to meet their investment objectives by diversifying investments across both asset classes and strategies. We employ three main approaches to do this:
The underlying investments in the Fund are managed by Pendal together with a number of external partners. Pendal manages investments in the asset classes of Australian shares, Australian fixed interest and cash, global fixed interest, Australian property securities and alternative investments. These investments are augmented by our arrangements with leading global investment managers who have a competitive advantage in the management of global asset classes. The Pendal Multi-Asset team also manages an active asset allocation process designed to increase portfolio returns within a defined risk budget. The Fund invests in Australian and international shares, Australian and international listed property securities, Australian and international fixed interest, cash and alternative investments. The Fund may also use derivatives. The Fund has a higher weighting towards growth assets than defensive assets. Asset Classes, Asset Allocation Ranges and Neutral Position
Alternative investments refer to a range of investments that do not fall within the four main asset classes of shares, property, fixed interest and cash. They can be based on publicly traded securities like shares, bonds and derivatives, which include hedge funds, absolute return funds and commodity investments. Some alternatives are based on private securities; these include venture capital and private equity. Investment strategies that may be found in some alternative investments include the use of gearing, short selling (selling something you do not own with a view to buying it back later at a lower price), and more extensive use of derivatives. |