About IBNAX
Macquarie Balanced Fund Class A is a mutual fund designed to provide total return by combining capital appreciation and current income. The fund pursues this objective through a diversified portfolio that typically includes both equity and fixed income securities, as well as short-term instruments, reflecting a moderate allocation strategy. Its equity holdings are concentrated in large and medium-sized companies, with significant allocations to leading technology, healthcare, and consumer companies, as well as selective exposure to sectors such as financial services, energy, and consumer staples. The fund maintains a dynamic asset mix, adjusting the balance between stocks and bonds based on market conditions, aiming to deliver risk-adjusted returns while managing volatility. With a history dating back to 1987, Macquarie Balanced Fund Class A plays a role in the market as a core balanced offering, appealing to investors seeking a blend of growth and income through broad asset class diversification.
Fund Family Nomura
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol IBNAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
IBNAX had a total return of 6.04% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.74%.
