asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: IPA0077AU
release_schedule: Monthly
structure:
commentary_block:
factsheet_url:
https://www.northonline.com.au/managed-funds
fund_features:
The North Professional Balanced Fund aims to provide investors with moderate long-term investment returns, with the likelihood of fluctuations in the value of their investment from year to year. The Fund invests in a diversified mix of growth and defensive assets. Growth assets such as shares and real assets will have an average allocation over time of 70%, with the balance in defensive assets such as cash and fixed interest. The Fund will invest in managed investment schemes whose assets are managed by a range of complementary specialist investment managers selected for their expertise in that asset class. The diversity of exposure by asset class and investment style seeks to minimize the risk of underperformance should one particular asset class orinvestment style be out offavourwithin a particular investment timeframe.
- The strategy is to invest in a diversified mix of growth and defensive assets.