Allan Gray Australia Balanced Fund
ETL4654AU
Allan Gray Australia Balanced Fund ETL4654AU Strategy
• Contrarian – the fund take a contrarian approach to investing by resisting popular trends and uncovering opportunities in areas where nobody else is looking. • Long-term – the fund takes a long-term view. In a competitive market, practicing patience can give you a distinct advantage. • Fundamental – the fund concentrate on understanding an investment’s intrinsic value, and the fundamentals that determine value, rather than trying to forecast the next price move.
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
Listed Investment Companies monthly performance: December 2025
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
Private credit quality likely to deteriorate in 2026, Morningstar DBRS Outlook shows
We expect worsening credit profiles for both high- and low-quality borrowers.
funds
Listed Investment Companies monthly performance: November 2025
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).
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,064.90 | 46.10 | -0.51% |
| CAC 40 | 8,126.53 | 55.17 | 0.68% |
| DAX 40 | 24,538.81 | 229.35 | 0.94% |
| Dow JONES (US) | 48,892.47 | 179.09 | -0.36% |
| FTSE 100 | 10,223.54 | 51.78 | 0.51% |
| HKSE | 26,748.36 | 638.75 | -2.33% |
| NASDAQ | 23,461.82 | 223.30 | -0.94% |
| Nikkei 225 | 52,928.59 | 394.26 | -0.74% |
| NZX 50 Index | 13,412.44 | 10.74 | -0.08% |
| S&P 500 | 6,939.03 | 29.98 | -0.43% |
| S&P/ASX 200 | 8,775.40 | 45.70 | -0.52% |
| SSE Composite Index | 4,065.31 | 52.64 | -1.28% |