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  5. LEB - MLC Hrzn 6 Shares Opn - Managed fund profile

LEB - MLC Hrzn 6 Shares Opn - Managed Fund

Fund Objective
The Fund aims to provide a return higher than its benchmark before fees over five year periods.
Fund Strategy
Investment markets Investment markets are the main driver of the Fund's investment returns. The benchmark asset allocation has a strong bias to growth assets and some exposure to defensive assets. MLC actively looks for opportunities to provide better returns, or less risk, than those generated by the benchmark asset allocation and to manage the fund's exposure to the risks of investing in 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 0.36% 2.45% 5.12% 14.16% 10.77% 5.02% 6.08% -%
Growth return 0.36% 2.45% 5.12% 14.16% 10.77% 5.02% 6.08% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
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

LEB - MLC Hrzn 6 Shares Opn
Australian Equities
37.22%
International Equities
54.70%
Cash
1.82%
Property
0.06%
Fixed Interest
3.23%
Alternatives
2.97%
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
LEB - MLC Hrzn 6 Shares Opn
Lifeplan Australia Friendly Society Ltd
LIF0157AU
Multisector Aggressive
starstarstarstar (as at 30 Sep 2024)
Investment Fund
8 Nov 2018
$41.72 million (as at 30 Sep 2024)
$2.4795 (as at 14 Nov 2024)
$2.4795 (as at 14 Nov 2024)
Open
Offer information
Type Description
MER 1.49% (as at 20 Feb 2024)
Minimum initial investment $1,000.00
Minimum additional investments $500.00

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
BHP Group Ltd Equity 4.66%
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FAQs about the LEB - MLC Hrzn 6 Shares Opn

The objective of the LEB - MLC Hrzn 6 Shares Opn managed fund is The Fund aims to provide a return higher than its benchmark before fees over five year periods.

The strategy of the LEB - MLC Hrzn 6 Shares Opn managed fund is Investment markets Investment markets are the main driver of the Fund's investment returns. The benchmark asset allocation has a strong bias to growth assets and some exposure to defensive assets. MLC actively looks for opportunities to provide better returns, or less risk, than those generated by the benchmark asset allocation and to manage the fund's exposure to the risks of investing in markets.

The APIR code of the LEB - MLC Hrzn 6 Shares Opn managed fund is LIF0157AU.

LEB - MLC Hrzn 6 Shares Opn’s total return last month was 0.36%. This was made up of a growth return of 0.36% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LEB - MLC Hrzn 6 Shares Opn’s total return for the last three months was 2.45%. This was made up of a growth return of 2.45% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LEB - MLC Hrzn 6 Shares Opn’s one-year total return is 14.16%. This was made up of a growth return of 14.16% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LEB - MLC Hrzn 6 Shares Opn’s one-year total return is 5.02%. This was made up of a growth return of 5.02% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the LEB - MLC Hrzn 6 Shares Opn managed fund is :

Australian Equities
37.22%
International Equities
54.70%
Cash
1.82%
Property
0.06%
Fixed Interest
3.23%
Alternatives
2.97%

The Responsible Entity for the LEB - MLC Hrzn 6 Shares Opn managed fund is Lifeplan Australia Friendly Society Ltd.

The LEB - MLC Hrzn 6 Shares Opn managed fund belongs to the Multisector Aggressive sector/asset class.

As at 30 Sep 2024, the size of the LEB - MLC Hrzn 6 Shares Opn managed fund was $41.72 million.

The LEB - MLC Hrzn 6 Shares Opn managed fund has an inception date of 8 Nov 2018.

The current entry price of the LEB - MLC Hrzn 6 Shares Opn managed fund is $2.4795 per unit and the current exit price is $2.4795 per unit (as at 14 Nov 2024).

The current exit price of the LEB - MLC Hrzn 6 Shares Opn managed fund is $2.4795 per unit and the current entry price is $2.4795 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the LEB - MLC Hrzn 6 Shares Opn managed fund is $1,000. Minimum additional investment is $500.

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.