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  5. Experts' Choice Growth - Managed fund profile

Experts' Choice Growth - Managed Fund

Fund Objective
To provide high returns over the long term by investing predominantly in growth assets, and to exceed the Fund's performance benchmark after costs and before tax.
Fund Strategy
The Experts' Choice Growth Fund (referred to in this Fund profile as the 'Fund') invests predominantly in growth assets and uses a multi-manager approach. The Fund invests in a broad range of asset classes, including shares, fixed income, property and infrastructure, across both Australian and overseas markets.

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 0.04% 2.46% 7.95% 26.24% 14.58% 6.3% 8.06% 8.49%
Growth return 0.04% 2.46% 7.64% -% 13.75% 3.8% 1.61% -%
Income return 0% 0% 0.31% -% 0.83% 2.5% 6.45% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 0% 2.01% 8.7% 25.16% 14.86% 7.15% 8.74% 9.16%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Experts' Choice Growth
Australian Equities
37%
International Equities
46%
Cash
3%
Property
4%
Fixed Interest
6%
Alternatives
4%
Average Allocation of Peers
Australian Equities
34.09%
International Equities
47.95%
Cash
3.53%
Property
4.90%
Fixed Interest
5.73%
Alternatives
3.80%

General Information

Fund Details
Type Description
Experts' Choice Growth (Wholesale)
IPAC Asset Management Limited
HLR0005AU
Multisector Aggressive
starstarstar (as at 31 Oct 2024)
Investment Fund
12 Mar 1996
$47.78 million (as at 30 Sep 2024)
$0.96731 (as at 14 Nov 2024)
$0.96441 (as at 14 Nov 2024)
Open
Offer information
Type Description
MER 1.25% (as at 30 Sep 2024)
Indirect Cost Ratio (ICR) 1.21% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0.05
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Orbis Global Equity Le Fund (Aust Reg) Core Rrf Class M7 Mutual Fund - Open End 8.40%
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FAQs about the Experts' Choice Growth

The objective of the Experts' Choice Growth managed fund is To provide high returns over the long term by investing predominantly in growth assets, and to exceed the Fund's performance benchmark after costs and before tax.

The strategy of the Experts' Choice Growth managed fund is The Experts' Choice Growth Fund (referred to in this Fund profile as the 'Fund') invests predominantly in growth assets and uses a multi-manager approach. The Fund invests in a broad range of asset classes, including shares, fixed income, property and infrastructure, across both Australian and overseas markets.

The APIR code of the Experts' Choice Growth managed fund is HLR0005AU.

Experts' Choice Growth’s total return last month was 0.04%. This was made up of a growth return of 0.04% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Experts' Choice Growth’s total return for the last three months was 2.46%. This was made up of a growth return of 2.46% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Experts' Choice Growth’s one-year total return is 26.24%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Experts' Choice Growth’s one-year total return is 6.3%. This was made up of a growth return of 3.8% and an income return of 2.5%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Experts' Choice Growth managed fund is :

Australian Equities
37%
International Equities
46%
Cash
3%
Property
4%
Fixed Interest
6%
Alternatives
4%

The Responsible Entity for the Experts' Choice Growth managed fund is IPAC Asset Management Limited.

The Experts' Choice Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 30 Sep 2024, the size of the Experts' Choice Growth managed fund was $47.78 million.

The Experts' Choice Growth managed fund has an inception date of 12 Mar 1996.

The current entry price of the Experts' Choice Growth managed fund is $0.96731 per unit and the current exit price is $0.96441 per unit (as at 14 Nov 2024).

The current exit price of the Experts' Choice Growth managed fund is $0.96441 per unit and the current entry price is $0.96731 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the Experts' Choice Growth 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.