The Wealth Company Balanced Advantage Fund - Direct Growth

The Wealth Company Balanced Advantage Fund - Direct Growth lags behind most of its peers in the Dynamic Asset Allocation or Balanced Advantage category. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 42/100.

Cost: At 1.29%, the expense ratio is meaningfully cheaper — about 25% below the Dynamic Asset Allocation or Balanced Advantage category average of 1.73% (based on 35 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.92 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 12.06% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors who want a single fund blending equity growth with debt-driven stability. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.