April, 2021
The Fund aims to provide a return (before fees, costs and taxes) of Australian CPI^ plus 5% per annum over rolling five year periods. The suggested investment timeframe is 5 years or more
The Fund is designed for investors who are seeking a return that exceeds inflation, diversification across a broad range of asset classes and are prepared to accept some variability of returns.
The Fund aims to generate its returns by investing in shares, listed property securities, fixed interest and alternative investments, both in Australia and globally. To gain its exposure to these asset classes the Fund may invest in shares, bonds, derivatives, unit trusts, exchange traded funds, and listed investment companies/trusts. The Fund will not invest in illiquid assets such as direct property or direct infrastructure.
File: https://commentary.quantreports.net/wp-content/uploads/2021/02/Pendal-Multi-Asset-Target-Return-Fund-Factsheet-1.pdfDecember, 2020
The portfolio’s return for December was 0.94% (post fee). The portfolio‘s approach to investing combines active asset allocation, tactical risk hedging, and uncorrelated alpha in pursuit of its dual return and risk objectives. The active asset allocation process combines a value-oriented approach, seeking exposure to well-valued assets (dynamic asset allocation) with quantitative trend following strategies across equities, fixed income, commodities and currencies (tactical asset allocation). “Uncorrelated alpha” refers to strategies that seek to enhance returns without significantly increasing the portfolio’s overall exposure to equity or fixed income market risk.
Alpha generation focuses on macro alpha (relative value) strategies that exploit relative mis pricing between similar classes of assets; and also incorporates stock selection alpha (“stock picking” strategies with the corresponding market exposure hedged out via futures or other similar instruments).
File: https://commentary.quantreports.net/wp-content/uploads/2021/02/Pendal-Multi-Asset-Target-Return-Fund-Factsheet.pdfasset_class: Multi-Asset
asset_category: Real Return
peer_benchmark: Multi-Asset - Real Return Index
broad_market_index: Multi-Asset Growth Investor Index
manager_contact_details: Array
ticker: PDL3383AU
release_schedule: Monthly
commentary_block: Array
factsheet_url:
https://www.pendalgroup.com/products/
(Search by the product name) -> Fact sheet
fund_features:
Pendal Multi-Asset Target Return Fund is designed for investors who are seeking a return that exceeds inflation, diversification across a broad range of asset classes and are prepared to accept some variability of returns. The Fund aims to generate its returns by investing in shares, listed property securities, fixed interest and alternative investments, both in Australia and globally.
- It may invest in shares, bonds, derivatives, unit trusts, exchange traded funds and listed investment companies/trusts.
- The Fund will not invest in illiquid assets such as direct property or direct infrastructure.
- The Fund’s asset allocation is dynamically managed, based on our assessment of market valuations, the market/economic cycle and technical indicators.
- The Fund has assets that are denominated in foreign currencies and generally be hedged back to the Australian dollar.
structure: Managed Fund