Bendigo Balanced Fund
The Bendigo Balanced Fund (Fund) aims to deliver capital growth with regular income over the medium to long-term by investing in a diversified asset portfolio.
The Fund will invest via a selection of high quality investment managers that specialise in managing specific asset classes. The Fund invests in a range of assets with a diversified exposure to growth and income generating assets (Australian shares, international shares, property securities, Australian fixed interest, international fixed interest and cash) with a slightly higher weighting to growth assets. The Fund aims to achieve this by investing in the Bendigo Balanced Wholesale Fund.
Please refer to our current investment managers guide for information on the investment managers used.
Sandhurst determines, given the prevailing market conditions, the allocation of amounts to each asset class on an ongoing basis within the ranges set out below.
|Target asset allocation||Ranges||Neutral position|
|Australian fixed interest||7-27%||17%|
|International fixed interest||5-23%||13%|
In exceptional market conditions the Fund may have higher levels of cash where, in our investment manager’s opinion, more attractive investment opportunities cannot be found.
|Minimum initial investment||$2,000
If you have more than $50,000 to invest click here
|Minimum investment balance||$2,000|
|Establishment fee*||up to 3.0% of Application Money|
|Buy/sell spread||+ 0.17% / - 0.17%|
|Management costs||2.10% p.a.|
|Distributions||30 June and 31 December|
Distributions are normally paid within 2 months of these calculation dates
|Regular saving plan||Contribute from as little as $100 per month|
Why choose the Bendigo Balanced Fund?
The Fund may be suitable for investors looking for:
- a ready made diversified solution with a slightly higher weighting of growth assets compared to income generating assets;
- access the resources and knowledge of many different professional investment managers;
- a combination of capital growth and regular income over the medium to long term; and
- an investment for at least a four year investment period.