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North Multi Manager Active Defensive

IPA0068AU

North Multi Manager Active Defensive IPA0068AU Strategy

The Fund invests predominantly in defensive assets such as cash and fixed interest with an average allocation over time of 30% invested in growth assets such as equities and listed property. The fund tries to achieve its objective by using a range of complementary specialist investment managers.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Morningstar reassess view of Platinum ETF and fund

Changes to the portfolio management team drive a ratings revision.
funds

Listed Investment Companies monthly performance: March 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,963.20 25.30 0.32%
CAC 40 8,105.78 65.42 0.81%
DAX 40 18,137.65 276.85 1.55%
Dow JONES (US) 38,503.69 263.71 0.69%
FTSE 100 8,044.81 20.94 0.26%
HKSE 16,828.93 317.24 1.92%
NASDAQ 15,696.64 245.33 1.59%
Nikkei 225 38,249.72 697.56 1.86%
NZX 50 Index 11,850.52 47.24 0.40%
S&P 500 5,070.55 59.95 1.20%
S&P/ASX 200 7,709.00 25.50 0.33%
SSE Composite Index 3,021.98 22.62 -0.74%

Market Movers

Name
Last price
Change
% Change
Base Resources Ltd BSE 0.24 0.02 6.67%
Telstra Group Ltd TLS 3.71 0.02 0.41%
Droneshield Ltd DRO 0.85 0.09 -9.14%
Chalice Mining Ltd CHN 1.22 0.07 -5.45%
Zip Co Ltd ZIP 1.23 0.01 0.61%
The Star Entertainment Group Ltd SGR 0.41 0.01 -1.20%
Imugene Ltd IMU 0.08 0.00 -1.18%
Pilbara Minerals Ltd PLS 3.92 0.11 2.76%
Cleanaway Waste Management Ltd CWY 2.69 0.32 -10.63%
EML Payments Ltd EML 1.11 0.04 3.27%