AUD Balanced Fund
The AUD Balanced Fund is an Australian Dollar denominated fund employing an active asset allocation strategy and a passive investment management strategy invested 40% in income assets (international fixed interest), with 60% exposure to growth assets (Australasian and international equities).
Investment Objectives
The fund seeks to track composite indices (before annual fund charge and tax), comprising 20% Bloomberg Aus Bond Credit 0+ Yr Index; 20% Bloomberg Global Treasury Scaled Index, 100% hedged to AUD; 20% FTSE Australia 300 Choice Index; and 40% MSCI World ex Australia Custom ESG Leaders Index, 100% hedged to AUD.
Investment Managers
The table below sets out the target asset allocation and underlying investment managers for the Fund.
For more information you can access the Funds Statement of Investment Objectives and Policy (SIPO).
Asset Class |
Investment Manager |
Product Name | Benchmark Asset Allocation 1 |
International fixed interest |
iShares Core Corporate Bond ETF |
20% | |
International fixed interest |
Vanguard International Fixed Interest Index (hedged) ETF |
20% | |
Australasian equities |
Vanguard Ethically Conscious Australian Shares Index |
20% | |
International equities |
BlackRock Asset Management Ireland Limited | iShares Core MSCI World ex Australia ESG ETF (AUD Hedged) | 40% |
Total assets | 100% |
1 The Benchmark Asset Allocation, Maximum, Currency Hedging and Operating ranges are set out in the SIPO.
Fund Performance
Please find below the latest performance figures for the AUD Balanced Fund as at 30 September 2024. The returns are after fees and taxes.
PIR Tax Rate |
Month |
Quarter |
12-months |
3-Year |
5-Year |
Inception |
28% |
1.46% |
4.12% |
18.08% |
2.55% |
5.02% |
5.89% |
0% |
1.56% |
4.41% |
19.36% |
3.65% |
5.87% |
6.76% |
* AUD Balanced Fund was established on 24 December 2018
* Returns for periods longer than one year are annualised
The chart below shows the fund return after fund charges and tax (at 28%) for each full calendar year the fund has been in existence. The last bar shows the performance of the current calendar year to date (1 January 2024 to 30 September 2024):
Product Disclosure Statement
Download the PDS for more information about Garrison Bridge.
This is a replacement Product Disclosure Statement for the Garrison Bridge Superannuation Scheme.