IOOF Balanced Investor Trust
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106642-2023-11-30-02:37.pdf |
FUND MANAGER | IOOF Investment Management |
ASX Code | |
APIR | IOF0232AU |
ASSET CLASS | MULTI-ASSET |
INVESTMENT STYLE | The Trust gains its exposure to a diversified portfolio of investments through a mix of investment managers. |
INVESTMENT PROFILE | To provide capital growth over the medium to long term by investing in a diversified portfolio of growth and defensive assets through a range of investment managers and to achieve total returns after fees in excess of the CPI +3.5% over a rolling ten-year basis. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | |
BENCHMARK | Composite benchmark |
FUND SIZE | Composite benchmark |
DISTRIBUTION FREQUENCY | Half Yearly |
NO. OF HOLDINGS | |
FEES | 0.50% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the IOOF Balanced Investor TrustThe Trust aims to provide capital growth over the medium to long-term by investing in a diversified portfolio of growth and defensive assets through a range of investment managers and to achieve total returns after fees in excess of the Consumer Price Index (CPI) plus 3.5% pa over a rolling ten year basis. |
RISK LEVEL | Medium to High |
INVESTOR SUITABILITY | May be suitable for investors with a medium to high risk-tolerance level seeking both income and capital growth and consistent returns through a well-diversified portfolio, and who are prepared to tolerate short-term volatility |
Risks
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Detail |
Key Features
Investment strategyThe Trust gains its exposure to a diversified portfolio of investments through a mix of investment managers. The balanced orientation of the Trust provides a greater exposure to growth assets, such as property, Australian and international shares, and alternative assets, with a moderate exposure to defensive assets, such as fixed interest and cash. mix of passive, factor and active investment managers may be selected to manage the assets of the Trust providing differing yet complementary investment styles to achieve more consistent investment returns. The Trust is authorised to utilise approved derivative instruments for risk management purposes and investment efficiency. Please note that the derivative instruments are not used to gear the Trust’s exposure. We recognise that currency can be a major component of risk for overseas investments. As such, we invest in some underlying managers that are fully hedged against currency fluctuations. As part of our approach, the Trust has the capacity to manage currency risk by adjusting its allocation to those underlying managers that are fully hedged. |
Mandate
How the IOOF Balanced Investor Trust works
Unit prices: We will quote you a price for each unit and keep a record of your unit holdings. The unit price is generally calculated at the end of each business day. The unit price will change in response to rises and falls in the market value of the assets in the Trust. You can increase your investment at any time by purchasing more units in the Trust. Generally, you can reduce your investment by selling, transferring or withdrawing units, although in certain circumstances (such as if the Trust becomes illiquid or when there is a freeze on withdrawals) you may not be able to decrease your investment within the standard time frame. Asset class Asset range Target allocation
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