Welcome to Allan Gray Australia.
We want to ensure you get the right experience for you.
Individual Investors
Discover the Allan Gray difference. Learn more about our Funds including performance and download offer documents.
Financial Advisers
The information contained in this section is for adviser and wholesale investor use only.
Retail Investors
The Allan Gray Australia Funds are available for investment by New Zealand retail clients.
To comply with New Zealand law, our website provides information only about Allan Gray Australia Funds. We do not provide advice to New Zealand retail clients.
You are about to enter Allan Gray Australia.
If you are looking for Allan Gray South Africa, please click here.
The website is primarily designed for Australian investors.
US persons are not generally permitted to invest in the Allan Gray Australia Funds. However, we will accept applications from US persons who are genuine residents of Australia, New Zealand or South Africa.
Show investment objective, performance and more
Balanced Fund
Our Balanced Fund is designed to leverage our contrarian approach across equities and fixed income, depending on where we see opportunities, to drive long-term returns.
Our unique Balanced Fund has a wide investment mandate that gives us the flexibility to go against the consensus to drive results.
Speak to our Client Service team
To learn more about our Funds, please do not hesitate to contact us directly by phone or email.
Investment management fees at a glance
Investors in the Fund will pay management fees and costs (base fee) of 0.76% p.a and a performance fee of 20.3%. These fees are included in the daily unit price for the Fund.
If after deducting the base fee (if applicable), the Fund’s return is higher than the benchmark’s return, then a performance fee is charged on the excess return. A high-water mark is in place to ensure that you only pay once for performance which exceeds the benchmark. The base fee and the performance fee (if applicable) are calculated and accrued daily and paid monthly. Goods and Services Tax, net of Reduced Input Tax Credit, is applicable to the base fee and the performance fee and reflected accordingly.
History of total fees and costs
The total fees and costs, outlined below, is a measure of the actual fees and costs incurred by the Fund over a 12-month period, expressed as a percentage of the average daily value of the Fund for the same period. Fees and costs may vary, and the current total fees and costs should not be used as an indication of future total fees and costs. See the disclosure documents for more information about the fees and costs that apply to this Fund.
| Financial Year | Indirect cost ratios |
|---|---|
| 0.78% | |
| 0.79% | |
| 0.78% |
Risks of Investing
All investments carry risk. If you are considering the Allan Gray Australia Balanced Fund, you should be aware that:
There is no guarantee your investment will do well
We do not guarantee the success, repayment of capital or any rate of return on income, capital or investment performance of the Fund. Past performance is not an indicator of future performance.
Markets can be volatile
The Fund will primarily hold Australian and international shares and bonds. As these investments can be volatile, your investment will fluctuate. In addition, some of the markets in which the Fund invests may be considered emerging markets, which carry their own risks such as political and social instability.
Currency movements will impact performance
Although a large portion of the Fund will be held in Australian assets, fluctuations in exchange rates can have a significant influence on the Fund’s international investments and could impact overall returns.
You can find a comprehensive explanation of the risks in the Product Disclosure Statement (PDS), which should be read together with the Information Booklet and our Target Market Determinations, all of which can be found on our Forms and Documents page.