InvestSMART

Generation Perpetual Conservative Growth - Managed Fund

Fund Objective
Invests in a diverse mix of growth, defensive and other assets, with a focus on cash, enhanced cash and fixed income securities. Tactical asset allocation strategies may be applied, which involves the fund adjusting its exposure to asset classes on a regular basis within the investment guidelines. Currency hedges may be used from time to time. Derivatives and exchange traded funds may be used in managing each asset class.
Fund Strategy
Invests in a diverse mix of growth, defensive and other assets, with a focus on cash, enhanced cash and fixed income securities. Tactical asset allocation strategies may be applied, which involves the fund adjusting its exposure to asset classes on a regular basis within the investment guidelines. Currency hedges may be used from time to time. Derivatives and exchange traded funds may be used in managing each asset class.

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.

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 0.32% -0.2% 0.92% 3.31% 3.43% 2.96% 2.28% -%
Growth return 0.25% 0.46% 0.36% 3.11% 3.33% 3.23% 2.33% -%
Income return 0.07% -0.66% 0.56% 0.2% 0.1% -0.27% -0.05% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.3% -0.32% 2.07% 5.53% 6.61% 6.23% 3.5% 4.55%
As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Perpetual Conservative Growth
Australian Equities
10.90%
International Equities
14.09%
Cash
16.12%
Property & Infrastructure
4.12%
Fixed Interest
44.93%
Alternatives
9.84%
Average Allocation of Peers
Australian Equities
11.34%
International Equities
14.84%
Cash
13.14%
Property & Infrastructure
3.57%
Fixed Interest
50.05%
Alternatives
7.06%

General Information

Fund Details
Type Description
Generation Perpetual Conservative Growth
Austock Life Limited
ALL3019AU
Multisector Moderate
starstarstar (as at 31 Jan 2026)
Investment Fund
4 Dec 2017
$12770442 million (as at 30 Jan 2026)
$1.2104 (as at 17 Feb 2026)
$1.2079 (as at 17 Feb 2026)
Open
Offer information
Type Description
MER 1.53% (as at 20 May 2025)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2024)
Minimum initial investment $500.00
Minimum additional investments $50.00

Top 10 holdings (as at 30 Nov 2025)

Holding (as at 30 Nov 2025) Type % of Portfolio
Perpetual Active Fixed Interest Fund A 10.33%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Generation Perpetual Conservative Growth

The objective of the Generation Perpetual Conservative Growth managed fund is Invests in a diverse mix of growth, defensive and other assets, with a focus on cash, enhanced cash and fixed income securities. Tactical asset allocation strategies may be applied, which involves the fund adjusting its exposure to asset classes on a regular basis within the investment guidelines. Currency hedges may be used from time to time. Derivatives and exchange traded funds may be used in managing each asset class.

The strategy of the Generation Perpetual Conservative Growth managed fund is Invests in a diverse mix of growth, defensive and other assets, with a focus on cash, enhanced cash and fixed income securities. Tactical asset allocation strategies may be applied, which involves the fund adjusting its exposure to asset classes on a regular basis within the investment guidelines. Currency hedges may be used from time to time. Derivatives and exchange traded funds may be used in managing each asset class.

The APIR code of the Generation Perpetual Conservative Growth managed fund is ALL3019AU.

Generation Perpetual Conservative Growth’s total return last month was 0.32%. This was made up of a growth return of 0.25% and an income return of 0.07%. These returns were calculated as at 31 Jan 2026.

Generation Perpetual Conservative Growth’s total return for the last three months was -0.2%. This was made up of a growth return of 0.46% and an income return of -0.66%%. These returns were calculated as at 31 Jan 2026.

Generation Perpetual Conservative Growth’s one-year total return is 3.31%. This was made up of a growth return of 3.11% and an income return of 0.2%. These returns were calculated as at 31 Jan 2026.

Generation Perpetual Conservative Growth’s one-year total return is 2.96%. This was made up of a growth return of 3.23% and an income return of -0.27%. These returns were calculated as at 31 Jan 2026.

The asset allocation of the Generation Perpetual Conservative Growth managed fund is :

Australian Equities
10.90%
International Equities
14.09%
Cash
16.12%
Property & Infrastructure
4.12%
Fixed Interest
44.93%
Alternatives
9.84%

The Responsible Entity for the Generation Perpetual Conservative Growth managed fund is Austock Life Limited.

The Generation Perpetual Conservative Growth managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Jan 2026, the size of the Generation Perpetual Conservative Growth managed fund was $12770442 million.

The Generation Perpetual Conservative Growth managed fund has an inception date of 4 Dec 2017.

The current entry price of the Generation Perpetual Conservative Growth managed fund is $1.2104 per unit and the current exit price is $1.2079 per unit (as at 17 Feb 2026).

The current exit price of the Generation Perpetual Conservative Growth managed fund is $1.2079 per unit and the current entry price is $1.2104 per unit (as at 17 Feb 2026).

The minimum initial investment amount for the Generation Perpetual Conservative Growth managed fund is $500. Minimum additional investment is $50.

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.