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Foundation Conservative Fund (IOOF)

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101550-2023-10-04-02:25.pdf
FUND MANAGER IOOF Investment Services
ASX Code
APIR WPC0010AU
ASSET CLASS MULTI-ASSET
INVESTMENT STYLE The Fund invests in a diversified mix of asset types.
INVESTMENT PROFILE The Fund aims to provide moderate returns (before fees) comprising income and some capital growth over the short to medium-term.
CURRENCY MANAGEMENT Active management
INCEPTION DATE 30-09-2005
BENCHMARK N/A
FUND SIZE N/A
DISTRIBUTION FREQUENCY Half-yearly
NO. OF HOLDINGS
FEES 0.58% p.a. of the NAV of the Fund
STRUCTURE

Benefits

Benefits

Benefits of investing in the Foundation Conservative Fund (IOOF)

Investing in the Fund offers you a range of benefits, including:

  • access to a professionally managed investment portfolio
  • exposure to assets and strategies that would ordinarily be difficult for an individual to invest into
  • access to regular information on your investment from the website www.ioof.com.au and regular investment statements and an Attribution MIT Member Annual (AMMA) statement after 30 June each year or any other documents that may be issued from time to time.

Risk level

Low

Investor suitability

The Fund is intended to be suitable for investors seeking a diversified portfolio of investments, spread across different asset types.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

The Fund aims to provide moderate returns (before fees) comprising income and some capital growth over the short to medium-term by investing in a diversified mix of asset types.

About IOOF Investment Services

IOOF Investment Services Ltd (IISL) is the Responsible Entity (RE) and investment manager of the Fund and is responsible for the management and administration of the Fund. IISL is also referred to as RE', we', us' and our' throughout this document.

IISL is part of the IOOF group. As one of the largest financial services groups in Australia, with over 170 years' experience in helping Australians secure their financial independence, the IOOF group provides services to more than 500,000 clients and has more than $142.7 billion in funds under management, advice and administration (as at 30 September 2019). The IOOF group consists of IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate, and is currently listed in the top 200 on the Australian Securities Exchange (ASX: IFL).

IISL is dedicated to managing the investment assets of the Fund. The responsibilities include establishing, implementing and monitoring the Fund's investment objectives and strategies.

From time to time IISL may appoint underlying investment managers to manage all or a portion of the Fund's assets. IISL has the discretion to change the underlying investment managers or add or remove underlying investment managers at any time. For details of the current underlying investment managers, please refer to the fund profile available at www.ioof.com.au

Mandate

How we invest your money

The Fund aims to provide moderate returns (before fees) comprising income and some capital growth over the short to medium-term by investing in a diversified mix of asset types.

Target asset allocation

  • Cash and liquid securities: 15-30%
  • Fixed interest: 45-55%
  • Property related securities: 0-10%
  • Australian shares: 8-20%
  • International shares: 3-15%
  • Alternatives: 0-10%