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  5. LIB - Advance Defensive Multi-blend - Managed fund profile

LIB - Advance Defensive Multi-blend - Managed Fund

Fund Objective
To provide income with a low risk of capital loss over the short-to-medium term with some capital growth over the long-term.
Fund Strategy
The underlying fund invests in a diverse mix of assets with a majority (about 70%) in the defensive assets of cash and fixed income and a modest investment (about 30%) in growth assets such as shares. The underlying fund's exposure to these asset classes will be obtained primarily by investing directly into the investment manager's sector specific funds. The underlying fund may also hold assets directly including derivatives, currency and other unit trusts.

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 -0.16% 0.89% 2.96% 8.09% 4.79% 1.36% 1.73% 2.3%
Growth return -0.16% 0.89% 2.96% 8.09% 4.79% 1.36% 1.73% 2.3%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return -0.94% 0.81% 4.73% 12.7% 6.97% 2.07% 2.67% 4.24%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
6.18%
Australian Equities
11.10%
International Equities
13.65%
Cash
17.14%
Property
4.34%
Fixed Interest
47.59%

General Information

Fund Details
Type Description
LIB - Advance Defensive Multi-blend
Lifeplan Australia Friendly Society Ltd
LIF0097AU
Multisector Moderate
starstarstar (as at 30 Sep 2024)
Investment Fund
1 May 2012
$5.52 million (as at 30 Sep 2024)
$1.3815 (as at 14 Nov 2024)
$1.3815 (as at 14 Nov 2024)
Open
Offer information
Type Description
MER 1.97% (as at 20 Feb 2024)
Minimum initial investment $1,000.00
Minimum additional investments $100.00

FAQs about the LIB - Advance Defensive Multi-blend

The objective of the LIB - Advance Defensive Multi-blend managed fund is To provide income with a low risk of capital loss over the short-to-medium term with some capital growth over the long-term.

The strategy of the LIB - Advance Defensive Multi-blend managed fund is The underlying fund invests in a diverse mix of assets with a majority (about 70%) in the defensive assets of cash and fixed income and a modest investment (about 30%) in growth assets such as shares. The underlying fund's exposure to these asset classes will be obtained primarily by investing directly into the investment manager's sector specific funds. The underlying fund may also hold assets directly including derivatives, currency and other unit trusts.

The APIR code of the LIB - Advance Defensive Multi-blend managed fund is LIF0097AU.

LIB - Advance Defensive Multi-blend’s total return last month was -0.16%. This was made up of a growth return of -0.16% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Advance Defensive Multi-blend’s total return for the last three months was 0.89%. This was made up of a growth return of 0.89% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LIB - Advance Defensive Multi-blend’s one-year total return is 8.09%. This was made up of a growth return of 8.09% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Advance Defensive Multi-blend’s one-year total return is 1.36%. This was made up of a growth return of 1.36% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the LIB - Advance Defensive Multi-blend managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

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

The LIB - Advance Defensive Multi-blend managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Sep 2024, the size of the LIB - Advance Defensive Multi-blend managed fund was $5.52 million.

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

The current entry price of the LIB - Advance Defensive Multi-blend managed fund is $1.3815 per unit and the current exit price is $1.3815 per unit (as at 14 Nov 2024).

The current exit price of the LIB - Advance Defensive Multi-blend managed fund is $1.3815 per unit and the current entry price is $1.3815 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the LIB - Advance Defensive Multi-blend 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.