What is a Managed Fund?
Managed funds provide investors with the opportunity to pool money with other investors. The pool of monies is then professionally managed according to the investment objective and style of each fund.
IOOF Flexi Trust
- Choice of seven different retail unit trust options with varying investment objectives and risk/return profiles
- $2,000 minimum initial investment per Fund, or $500 per Fund with a regular savings plan
- Switch easily between fund options
- Track your investment online via IOOF's portfolio management tool, Portfolio Online
IOOF Flexi Trust offers a range of retail managed funds. You or your adviser can choose to diversify your investment across a list of funds with various risk/return profiles, enabling you to establish a personalised investment portfolio that suits your investment objectives.
The fund options that are available through IOOF Flexi Trust are managed by our wholesale fund manager Perennial Investment Partners Ltd (Perennial), a specialist boutique investment management company formed in 1999 through a joint venture between senior investment professionals and IOOF. Perennial is a highly regarded investment manager with a strong investment philosophy. More about Perennial
Fund information
Management Expense Ratio (MER)
The MER, which is also referred to as the Investment Management Fee, provides a measure of the total annual cost of investing in a managed fund and is a useful guide when comparing the annual costs of managed funds. The MER excludes establishment or withdrawal fees. It is not an additional fee.
The MER for each fund is included in the table below. See the Product Disclosure Statement for more comprehensive MER and fee information.
Fund options
You can split your IOOF Flexi Trust investment across the different funds in this table in order to suit your preferred investment objectives, subject to minimum investment requirements. Seek professional financial advice if you are not sure about which fund(s) are most appropriate for you.
| Fund Name | Objective | Risk/Return Profile | Capped MER (% p.a.) |
|---|---|---|---|
| IOOF/Perennial Balanced Fund Fee Option 1 and Fee Option 2 |
To grow the value of your investment over the medium to long term by investing in a range of growth and income producing assets, and to provide a total return that exceeds the return of their benchmark measured on a rolling three-year basis. | Moderate | 1.74 (Fee Option 1) 2.56 (Fee Option 2) |
| IOOF/Perennial International Equities Fund | To grow the value of your investment over the long term by investing in a diversified portfolio of international shares, and to provide returns that exceed the MSCI World (ex Australia) Accumulation Index - unhedged, measured in Australian dollars, on a rolling three-year basis. | High | 1.84 |
| IOOF/Perennial Growth Shares Fund | To grow the value of your investment over the long term via a combination of capital growth and tax-effective income, by investing in a diversified portfolio of Australian shares with returns that outperform the S&P/ASX 300 Accumulation Index, measured on a rolling three year basis. | High | 1.74 |
| IOOF/Perennial Value Shares Fund | To grow the value of your investment over the long term via a combination of capital growth and tax-effective income, by investing in a diversified portfolio of Australian shares, and to provide returns that exceed the S&P/ASX 300 Accumulation Index, measured on a rolling three year basis. | High | 1.95 |
| IOOF/Perennial Australian Property Securities Fund | To grow the value of your investment over the long term through a combination of capital growth and income by investing in a selection of Australian listed, or soon to be listed, property investments. The Fund aims to provide a total return that exceeds the S&P/ASX 200 Property Accumulation Index, measured over a rolling three-year period. | Moderate to High | 1.74 |
| IOOF/Perennial Fixed Interest Fund | To provide total returns greater than cash and inflation, and in excess of the UBSA Composite Bond Index (0+ years) measured on a rolling three year basis, through the active management of a diversified portfolio of fixed interest investments. | Moderate | 1.23 |
| IOOF/Perennial Cash and Income Fund | To provide a monthly income payment from investments in short term interest bearing securities, while maintaining a stable unit price of $1. The Fund aims to provide a level of income distribution over the medium term, which exceeds that available from bank deposits and cash management trusts and exceeds the UBSA Bank Bill index, on a rolling three-year basis. | Low | 1.23 |
More information about each fund is available in the Product Disclosure Statement.
You can review recent fund performance data via this website's Performance and Unit Prices page.
How to invest
Before making a decision to invest in IOOF Flexi Trust you should:
- understand this investment and how it may benefit you, and
- understand how this investment operates and the associated risks.
Then you can: - make your investment choices, and
- complete the application process.
This investment process and all related information is clearly explained in the IOOF Flexi Trust Product Disclosure Statement.
You should read all parts of the Product Disclosure Statement before choosing to invest in IOOF Flexi Trust, and we recommend that you seek professional advice when determining the specific fund options that you would like to include in your investment strategy.
If you would like advice on how Flexitrust can help you meet your needs, please call 1300 551720.
Unit pricing discretions
The Constitution of each IOOF Flexi Trust Fund allows the Responsible Entity to exercise discretions (e.g. determining transaction costs and rounding) which may affect unit pricing. Additional information in relation to such discretions is now available to investors, at no charge, by contacting one of our Client Services Officers on 1800 002 217 or emailing info@ioof.com.au
Responsible Entity: IOOF Investment Management Limited
ABN 53 006 695 021
AFS Licence No. 230524
IOOF - Your Investment Guardians