Morningstar CFS FC Balanced Core
About this Fund
Fund Detail
| PDS | |
| FUND MANAGER | First Sentier Investors (Australia) |
| ASX Code | |
| APIR | |
| ASSET CLASS | SEPARATELY MANAGED ACCOUNTS |
| INVESTMENT STYLE | The portfolio is an actively managed, diversified multi-manager strategy. |
| INVESTMENT PROFILE | The portfolio aims to outperform the Benchmark over a rolling six year period. |
| CURRENCY MANAGEMENT | Hedged |
| INCEPTION DATE | 27-09-2021 |
| BENCHMARK | Morningstar Category Average - Australia Superannuation Multisector 50% Balanced/50% Growth |
| FUND SIZE | Morningstar Category Average - Australia Superannuation Multisector 50% Balanced/50% Growth |
| DISTRIBUTION FREQUENCY | |
| NO. OF HOLDINGS | 15 |
| FEES | 0.47% pa |
| STRUCTURE |
Benefits
| Benefits | This product has the combined benefit and risks assciated with the large number of underlying products used. Each of those products has a PDS which explains the benefits, risks and costs. |
| RISK LEVEL | Moderate |
| INVESTOR SUITABILITY | This portfolio suits investors who are willing to accept a moderate level of investment value volatility in return for commensurate potential investment performance |
Risks
| Title | |
| Detail |
Key Features
The portfolio is an actively managed, diversified multi-manager strategy. Over the long term, the portfolio aims to have a 40% allocation to defensive assets (cash and fixed interest) and a 60% allocation to growth assets. The Morningstar Core Managed Accounts are based on a principle of core and satellite portfolio construction. Passive strategies are used to gain cost effective exposure to the underlying asset class. The extensive use of passive strategies does mean that the portfolios are susceptible to performing in line with the market, particularly falling markets. Active strategies compliment this exposure by seeking to add additional return sources above the market return and can bring limited protection in falling markets. Underlying managers are chosen taking in to account their Morningstar’s Analyst Rating and the role the fund brings from a portfolio construction perspective. |
Mandate
Sector Allocation Fixed Interest 30.0 |