Morningstar CFS FC Balanced

Investment strategy

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. This portfolio suits investors who are willing to accept a moderate level of investment value volatility in return for commensurate potential investment performance. The Morningstar Managed Accounts encapsulate active management across all asset classes. Underlying managers are chosen taking in to account their Morningstar’s Analyst Rating and the role the fund brings from a portfolio construction perspective. On a post fee basis we anticipate these managers can add value over the investment cycle. A key element of picking active managers within these portfolios is the ability to protect the portfolio in down market periods. A key thesis is that we anticipate the portfolios will likely lag in strong up markets but better protect in down markets. This is a trade-off we believe will serve investors over the long term.

Strategic Asset Allocation
Key facts
Investment Objective
The portfolio aims to outperform the Morningstar Category Average - Australia Superannuation Multisector 50% Balanced/50% Growth Benchmark over a rolling six year period.
Minimum Investment Period
6 Years
Benchmark
Morningstar Category Average - Australia Superannuation Multisector 50% Balanced/50% Growth
Fees*
1.16%
Inception Date
27-09-2021
Investment Philosophy
*Fees include: Administration Fee, Estimated Investment Fee, Estimated Performance Fee (if applicable) and Estimated Indirect Cost Ratio.