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Morningstar CFS FC High Growth

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/106631-2022-09-29-02:36.pdf
FUND MANAGER Morningstar Investment Management
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 Morningstar Category Average - Australia Superannuation Multisector Aggressive Benchmark over a rolling nine year period.

CURRENCY MANAGEMENT Hedged
INCEPTION DATE 27-09-2021
BENCHMARK Morningstar Category Average - Australia Superannuation Multisector Aggressive
FUND SIZE Morningstar Category Average - Australia Superannuation Multisector Aggressive
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS 15
FEES 1.06 % 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 High to Very High Risk
INVESTOR SUITABILITY

This portfolio suits investors who are willing to accept a high 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 10% allocation to defensive assets (cash and fixed interest) and a 90% allocation to growth assets. This portfolio suits investors who are willing to accept high levels of investment value volatility in return for high potential investment performance. 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

International Equities 41.0
Australian Equities 34.0
Property and Infrastructure 15.0
Fixed Interest 8.0
Cash 2.0
Total 100.0