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  5. LIB - Advance High Growth Multi-blend Open - Managed fund profile

LIB - Advance High Growth Multi-blend Open - Managed Fund

Fund Objective
To provide superior total returns (before fees and taxes) over the long term through capital growth by investing primarily in growth assets.
Fund Strategy
Aims to invest primarily in growth assets such as Australian and international shares and property. The underlying portfolio's exposure to these asset classes will be obtained primarily by investing into the investment managers's sector specific funds.

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 0.17% 1.67% 5.34% 16.02% 9.81% 4.04% 5.47% 5.8%
Growth return 0.17% 1.67% 5.34% 16.02% 9.81% 4.04% 5.47% 5.8%
Income return 0% 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

LIB - Advance High Growth Multi-blend Open
Australian Equities
39.59%
International Equities
44.21%
Cash
3.22%
Property
8.03%
Fixed Interest
1.81%
Alternatives
3.14%
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
LIB - Advance High Growth Multi-blend Open
Lifeplan Australia Friendly Society Ltd
LIF0105AU
Multisector Aggressive
starstarstar (as at 30 Sep 2024)
Investment Fund
1 May 2012
$7.86 million (as at 30 Sep 2024)
$2.2424 (as at 14 Nov 2024)
$2.2424 (as at 14 Nov 2024)
Open
Offer information
Type Description
MER 1.88% (as at 7 May 2023)
Minimum initial investment $1,000.00
Minimum additional investments $100.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Advance Australia Shr Multi-Blend Mutual Fund - Open End 35.51%
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FAQs about the LIB - Advance High Growth Multi-blend Open

The objective of the LIB - Advance High Growth Multi-blend Open managed fund is To provide superior total returns (before fees and taxes) over the long term through capital growth by investing primarily in growth assets.

The strategy of the LIB - Advance High Growth Multi-blend Open managed fund is Aims to invest primarily in growth assets such as Australian and international shares and property. The underlying portfolio's exposure to these asset classes will be obtained primarily by investing into the investment managers's sector specific funds.

The APIR code of the LIB - Advance High Growth Multi-blend Open managed fund is LIF0105AU.

LIB - Advance High Growth Multi-blend Open’s total return last month was 0.17%. This was made up of a growth return of 0.17% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Advance High Growth Multi-blend Open’s total return for the last three months was 1.67%. This was made up of a growth return of 1.67% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LIB - Advance High Growth Multi-blend Open’s one-year total return is 16.02%. This was made up of a growth return of 16.02% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Advance High Growth Multi-blend Open’s one-year total return is 4.04%. This was made up of a growth return of 4.04% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the LIB - Advance High Growth Multi-blend Open managed fund is :

Australian Equities
39.59%
International Equities
44.21%
Cash
3.22%
Property
8.03%
Fixed Interest
1.81%
Alternatives
3.14%

The Responsible Entity for the LIB - Advance High Growth Multi-blend Open managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - Advance High Growth Multi-blend Open managed fund belongs to the Multisector Aggressive sector/asset class.

As at 30 Sep 2024, the size of the LIB - Advance High Growth Multi-blend Open managed fund was $7.86 million.

The LIB - Advance High Growth Multi-blend Open managed fund has an inception date of 1 May 2012.

The current entry price of the LIB - Advance High Growth Multi-blend Open managed fund is $2.2424 per unit and the current exit price is $2.2424 per unit (as at 14 Nov 2024).

The current exit price of the LIB - Advance High Growth Multi-blend Open managed fund is $2.2424 per unit and the current entry price is $2.2424 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the LIB - Advance High Growth Multi-blend Open managed fund is $1,000. Minimum additional investment 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.