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  5. ipac life choices Index 85 - Managed fund profile

ipac life choices Index 85 - Managed Fund

Fund Objective
To provide moderate to high growth in your investment over the long term with larger fluctuations in value likely when compared to other Index Investment Options.
Fund Strategy
Invests in a diversified mix of primarily growth assets. Growth assets such as shares and property will have a target allocation of 85%, with the balance in defensive assets such as cash and fixed income.

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 -0.13% 2.02% 8.44% 24.09% 13.71% 6.21% 8% 8.49%
Growth return -0.13% 2.02% -0.61% -% 5.52% -3.93% -0.96% -0.69%
Income return 0% 0% 9.05% -% 8.19% 10.14% 8.96% 9.18%
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

ipac life choices Index 85
Australian Equities
36.22%
International Equities
47.42%
Cash
3.27%
Property
2.96%
Fixed Interest
10.13%
Alternatives
0%
Average Allocation of Peers
Australian Equities
34.17%
International Equities
48.53%
Cash
3.23%
Property
4.87%
Fixed Interest
5.65%
Alternatives
3.54%

General Information

Fund Details
Type Description
ipac life choices Index 85 (Wholesale)
IPAC Asset Management Limited
IPA0161AU
Multisector Aggressive
starstarstar (as at 31 Oct 2024)
Investment Fund
1 Aug 2012
$16.01 million (as at 31 Oct 2024)
$1.1585 (as at 20 Nov 2024)
$1.1569 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.54% (as at 30 Sep 2024)
Indirect Cost Ratio (ICR) 0.54% (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 Sep 2023)

Holding (as at 30 Sep 2023) Type % of Portfolio
Federal Home Loan Mortgage Corp. Bond - Gov't Agency Pass-Thru 0%
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FAQs about the ipac life choices Index 85

The objective of the ipac life choices Index 85 managed fund is To provide moderate to high growth in your investment over the long term with larger fluctuations in value likely when compared to other Index Investment Options.

The strategy of the ipac life choices Index 85 managed fund is Invests in a diversified mix of primarily growth assets. Growth assets such as shares and property will have a target allocation of 85%, with the balance in defensive assets such as cash and fixed income.

The APIR code of the ipac life choices Index 85 managed fund is IPA0161AU.

ipac life choices Index 85’s total return last month was -0.13%. This was made up of a growth return of -0.13% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

ipac life choices Index 85’s total return for the last three months was 2.02%. This was made up of a growth return of 2.02% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

ipac life choices Index 85’s one-year total return is 24.09%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

ipac life choices Index 85’s one-year total return is 6.21%. This was made up of a growth return of -3.93% and an income return of 10.14%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the ipac life choices Index 85 managed fund is :

Australian Equities
36.22%
International Equities
47.42%
Cash
3.27%
Property
2.96%
Fixed Interest
10.13%
Alternatives
0%

The Responsible Entity for the ipac life choices Index 85 managed fund is IPAC Asset Management Limited.

The ipac life choices Index 85 managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 Oct 2024, the size of the ipac life choices Index 85 managed fund was $16.01 million.

The ipac life choices Index 85 managed fund has an inception date of 1 Aug 2012.

The current entry price of the ipac life choices Index 85 managed fund is $1.1585 per unit and the current exit price is $1.1569 per unit (as at 20 Nov 2024).

The current exit price of the ipac life choices Index 85 managed fund is $1.1569 per unit and the current entry price is $1.1585 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the ipac life choices Index 85 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.