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  5. Essentials Index Growth On - Platform A - Managed fund profile

Essentials Index Growth On - Platform A - Managed Fund

Fund Objective
Deliver a return in excess of CPI 3.5% (before tax; after investment fees) over 10 years.
Fund Strategy
To invest in a mix of traditional growth and defensive assets which are hedgeable and liquid. Growth assets such as Australian and International (Developed Market) equities will have an average allocation over time of around 85%; with the balance in defensive assets such as cash and fixed interest.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -3.6% -2.18% 0.61% -% -% -% -% -%
Growth return -3.6% -2.18% 0.61% -% -% -% -% -%
Income return 0% 0% 0% -% -% -% -% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return -3.27% -1.71% 0.65% 6.07% 12.07% 7.49% 12.57% 8.11%
As at 31 Mar 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Essentials Index Growth On - Platform A
Australian Equities
40.19%
International Equities
44.64%
Cash
4.97%
Fixed Interest
10.20%
Property
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
34.30%
International Equities
49.76%
Cash
1.82%
Fixed Interest
5.71%
Property
4.65%
Alternatives
3.75%

General Information

Fund Details
Type Description
Essentials Index Growth On - Platform A
IPAC Asset Management Limited
IPA8954AU
Multisector Aggressive
Not Rated
Investment Fund
7 Aug 2024
n/a
$0.9923 (as at 16 Apr 2025)
$0.9911 (as at 16 Apr 2025)
Open
Offer information
Type Description
MER 0.26% (as at 30 Aug 2024)
Minimum initial investment $500,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
Commonwealth Bank of Australia Equity 4.15%
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FAQs about the Essentials Index Growth On - Platform A

The objective of the Essentials Index Growth On - Platform A managed fund is Deliver a return in excess of CPI +3.5% (before tax; after investment fees) over 10 years.

The strategy of the Essentials Index Growth On - Platform A managed fund is To invest in a mix of traditional growth and defensive assets which are hedgeable and liquid. Growth assets such as Australian and International (Developed Market) equities will have an average allocation over time of around 85%; with the balance in defensive assets such as cash and fixed interest.

The APIR code of the Essentials Index Growth On - Platform A managed fund is IPA8954AU.

Essentials Index Growth On - Platform A’s total return last month was -3.6%. This was made up of a growth return of -3.6% and an income return of 0%. These returns were calculated as at 31 Mar 2025.

Essentials Index Growth On - Platform A’s total return for the last three months was -2.18%. This was made up of a growth return of -2.18% and an income return of 0%%. These returns were calculated as at 31 Mar 2025.

Essentials Index Growth On - Platform A’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2025.

Essentials Index Growth On - Platform A’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2025.

The asset allocation of the Essentials Index Growth On - Platform A managed fund is :

Australian Equities
40.19%
International Equities
44.64%
Cash
4.97%
Fixed Interest
10.20%
Property
0%
Alternatives
0%

The Responsible Entity for the Essentials Index Growth On - Platform A managed fund is IPAC Asset Management Limited.

The Essentials Index Growth On - Platform A managed fund belongs to the Multisector Aggressive sector/asset class.

As at , the size of the Essentials Index Growth On - Platform A managed fund was $ million.

The Essentials Index Growth On - Platform A managed fund has an inception date of 7 Aug 2024.

The current entry price of the Essentials Index Growth On - Platform A managed fund is $0.9923 per unit and the current exit price is $0.9911 per unit (as at 16 Apr 2025).

The current exit price of the Essentials Index Growth On - Platform A managed fund is $0.9911 per unit and the current entry price is $0.9923 per unit (as at 16 Apr 2025).

The minimum initial investment amount for the Essentials Index Growth On - Platform A managed fund is $500,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.