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  5. ipac life choices Index 50 - Managed fund profile

ipac life choices Index 50 - Managed Fund

Fund Objective
To provide modest growth in your investment over the medium term with some fluctuations in value likely.
Fund Strategy
Invests in a diversified mix of growth and defensive assets using a passive investment approach.

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 1.31% 4.71% 4.66% 15.88% 12.17% 4.14% 4.87% 5.96%
Growth return 1.31% 4.71% 0.89% 10.94% 9.21% -1.12% -1% -0.32%
Income return 0% 0% 3.77% 4.94% 2.96% 5.26% 5.87% 6.28%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
As at 30 Sep 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ipac life choices Index 50
Australian Equities
21.62%
International Equities
31.18%
Cash
9.68%
Property
3.20%
Fixed Interest
34.32%
Alternatives
0%
Average Allocation of Peers
Australian Equities
15.93%
International Equities
27.55%
Cash
10.33%
Property
3.95%
Fixed Interest
35.42%
Alternatives
6.82%

General Information

Fund Details
Type Description
ipac life choices Index 50 (Wholesale)
IPAC Asset Management Limited
IPA0160AU
Multisector Balanced
starstarstarstar (as at 30 Sep 2024)
Investment Fund
1 Aug 2012
$16.59 million (as at 30 Sep 2024)
$1.066 (as at 31 Oct 2024)
$1.0646 (as at 31 Oct 2024)
Open
Offer information
Type Description
MER 0.63% (as at 30 Sep 2024)
Indirect Cost Ratio (ICR) 0.63% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
BHP Group Ltd Equity 2.07%
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FAQs about the ipac life choices Index 50

The objective of the ipac life choices Index 50 managed fund is To provide modest growth in your investment over the medium term with some fluctuations in value likely.

The strategy of the ipac life choices Index 50 managed fund is Invests in a diversified mix of growth and defensive assets using a passive investment approach.

The APIR code of the ipac life choices Index 50 managed fund is IPA0160AU.

ipac life choices Index 50’s total return last month was 1.31%. This was made up of a growth return of 1.31% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

ipac life choices Index 50’s total return for the last three months was 4.71%. This was made up of a growth return of 4.71% and an income return of 0%%. These returns were calculated as at 30 Sep 2024.

ipac life choices Index 50’s one-year total return is 15.88%. This was made up of a growth return of 10.94% and an income return of 4.94%. These returns were calculated as at 30 Sep 2024.

ipac life choices Index 50’s one-year total return is 4.14%. This was made up of a growth return of -1.12% and an income return of 5.26%. These returns were calculated as at 30 Sep 2024.

The asset allocation of the ipac life choices Index 50 managed fund is :

Australian Equities
21.62%
International Equities
31.18%
Cash
9.68%
Property
3.20%
Fixed Interest
34.32%
Alternatives
0%

The Responsible Entity for the ipac life choices Index 50 managed fund is IPAC Asset Management Limited.

The ipac life choices Index 50 managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Sep 2024, the size of the ipac life choices Index 50 managed fund was $16.59 million.

The ipac life choices Index 50 managed fund has an inception date of 1 Aug 2012.

The current entry price of the ipac life choices Index 50 managed fund is $1.066 per unit and the current exit price is $1.0646 per unit (as at 31 Oct 2024).

The current exit price of the ipac life choices Index 50 managed fund is $1.0646 per unit and the current entry price is $1.066 per unit (as at 31 Oct 2024).

The minimum initial investment amount for the ipac life choices Index 50 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.