InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Generation Life Lfstyl Pf LfBstr 5.0 - Managed fund profile

Generation Life Lfstyl Pf LfBstr 5.0 - Managed Fund

Fund Objective
To outperform the benchmark by 5.0% p.a. over rolling 5-year periods. The benchmark is the 5-year rolling annualised change of Self-Fund Retiree Living Cost Index (LCI). The LCI is published by the Australian Bureau of Statistics.
Fund Strategy
The manager's approach to real return investing is to choose the portfolio that has the highest probability of achieving the required return objective over the investment horizon with a focus on capital preservation. This portfolio has been designed to meet the needs of LifeIncome investors. In actively managing the portfolio; the Investment Manager will tactically allocate investments across asset classes and geographic areas (including emerging markets) based on their potential to generate capital growth or reduce overall risk.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.71% 3.19% 3.15% 7.68% -% -% -% -%
Growth return 1.71% 3.19% 3.15% 7.68% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.87% 3.64% 4.85% 11.1% 9.3% 5.06% 4.67% 5.86%
As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
8.30%
Australian Equities
15.97%
International Equities
28.38%
Cash
7.11%
Property
3.74%
Fixed Interest
36.50%

General Information

Fund Details
Type Description
Generation Life Lfstyl Pf LfBstr 5.0
Austock Life Limited
ALL6533AU
Multisector Balanced
Not Rated
Investment Fund
6 Jun 2023
$2.47 million (as at 31 Dec 2024)
$1.0898 (as at 18 Feb 2025)
$1.0865 (as at 18 Feb 2025)
Open
Offer information
Type Description
Minimum initial investment $100.00

FAQs about the Generation Life Lfstyl Pf LfBstr 5.0

The objective of the Generation Life Lfstyl Pf LfBstr 5.0 managed fund is To outperform the benchmark by 5.0% p.a. over rolling 5-year periods. The benchmark is the 5-year rolling annualised change of Self-Fund Retiree Living Cost Index (LCI). The LCI is published by the Australian Bureau of Statistics.

The strategy of the Generation Life Lfstyl Pf LfBstr 5.0 managed fund is The manager's approach to real return investing is to choose the portfolio that has the highest probability of achieving the required return objective over the investment horizon with a focus on capital preservation. This portfolio has been designed to meet the needs of LifeIncome investors. In actively managing the portfolio; the Investment Manager will tactically allocate investments across asset classes and geographic areas (including emerging markets) based on their potential to generate capital growth or reduce overall risk.

The APIR code of the Generation Life Lfstyl Pf LfBstr 5.0 managed fund is ALL6533AU.

Generation Life Lfstyl Pf LfBstr 5.0’s total return last month was 1.71%. This was made up of a growth return of 1.71% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

Generation Life Lfstyl Pf LfBstr 5.0’s total return for the last three months was 3.19%. This was made up of a growth return of 3.19% and an income return of 0%%. These returns were calculated as at 31 Jan 2025.

Generation Life Lfstyl Pf LfBstr 5.0’s one-year total return is 7.68%. This was made up of a growth return of 7.68% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

Generation Life Lfstyl Pf LfBstr 5.0’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 Jan 2025.

The asset allocation of the Generation Life Lfstyl Pf LfBstr 5.0 managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Generation Life Lfstyl Pf LfBstr 5.0 managed fund is Austock Life Limited.

The Generation Life Lfstyl Pf LfBstr 5.0 managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Dec 2024, the size of the Generation Life Lfstyl Pf LfBstr 5.0 managed fund was $2.47 million.

The Generation Life Lfstyl Pf LfBstr 5.0 managed fund has an inception date of 6 Jun 2023.

The current entry price of the Generation Life Lfstyl Pf LfBstr 5.0 managed fund is $1.0898 per unit and the current exit price is $1.0865 per unit (as at 18 Feb 2025).

The current exit price of the Generation Life Lfstyl Pf LfBstr 5.0 managed fund is $1.0865 per unit and the current entry price is $1.0898 per unit (as at 18 Feb 2025).

The minimum initial investment amount for the Generation Life Lfstyl Pf LfBstr 5.0 managed fund is $100.

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.