It is impossible to provide a single average return for all balanced advantage funds. The returns of these funds vary significantly depending on factors such as:
- Fund manager: Different fund managers have different investment strategies and risk profiles.
- Investment portfolio: The specific assets held in a balanced advantage fund will influence its performance.
- Market conditions: The overall performance of the stock and bond markets will impact the returns of a balanced advantage fund.
- Time horizon: Returns can vary over different time periods.
To get a better understanding of the potential returns of a specific balanced advantage fund, you should:
- Review the fund's prospectus: This document provides information about the fund's investment objectives, strategies, and past performance.
- Compare different funds: Look at the performance of similar funds over different time periods.
- Consult with a financial advisor: A financial advisor can help you understand the risks and potential returns of different investment options.
Remember, past performance is not indicative of future results. It is important to carefully consider your investment goals and risk tolerance before investing in any fund.
