Bendigo Balanced Fund

Fund overview

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.

Investment strategy

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.

Asset allocation

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 shares	18-48%	33%
International shares	10-30%	20%
Property securities	2-12%	7%
Australian fixed interest	7-27%	17%
International fixed interest	5-23%	13%
Cash	0-20%	10%

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.

Features

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
Exit fee	Nil
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

*The Establishment Fee is only charged on your initial Application Money. Your adviser may refund all or part of this fee. Where you invest personally without an adviser this fee will be capped at $300. Please refer to section 6 ‘Fees and Costs’ of the current Product Disclosure Statement for more details of fees and costs.

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.
  

Risk profile

MEDIUM