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  5. LIB - Allan Gray Australian Equity A - Managed fund profile

LIB - Allan Gray Australian Equity A - Managed Fund

Fund Objective
The Fund aims to outperform the S&P/ASX 300 Accumulation Index thus ensuring investors would benefit from returns that are above both inflation and the overall sharemarket.
Fund Strategy
The Fund targets securities offering long term value that are currently unpopular with the general investment community or not well known to the financial community. These securities are often underpriced by the market as sellers outnumber buyers. Investments are based on research with a long term focus of 5-10 years. The Fund seeks to be fully invested in the sharemarket with no more than 10% of its assets in cash for short periods of time.

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 2.26% 1.18% 5.16% 3.96% 7.83% 7.08% -% -%
Growth return 2.26% 1.18% 5.16% 3.96% 7.83% 7.08% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (S&P/ASX 200 TR AUD )
Total return 4.19% 6.21% 7.31% 13.53% 12.59% 7.44% 7.52% 8.03%
As at 31 Jul 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
Australian Equities
91.84%
International Equities
4.27%
Cash
0.46%
Property
2.99%
Fixed Interest
0.41%
Alternatives
0.03%

General Information

Fund Details
Type Description
LIB - Allan Gray Australian Equity A
Lifeplan Australia Friendly Society Ltd
LIF9178AU
Equity Australia Large Value
starstarstarstar (as at 31 May 2024)
Investment Fund
27 Oct 2020
$1.98 million (as at 30 Jun 2024)
$1.3358 (as at 31 Jul 2024)
$1.3358 (as at 31 Jul 2024)
Open
Offer information
Type Description
MER 1.47% (as at 22 Mar 2024)
Minimum initial investment $1,000.00
Minimum additional investments $100.00

FAQs about the LIB - Allan Gray Australian Equity A

The objective of the LIB - Allan Gray Australian Equity A managed fund is The Fund aims to outperform the S&P/ASX 300 Accumulation Index thus ensuring investors would benefit from returns that are above both inflation and the overall sharemarket.

The strategy of the LIB - Allan Gray Australian Equity A managed fund is The Fund targets securities offering long term value that are currently unpopular with the general investment community or not well known to the financial community. These securities are often underpriced by the market as sellers outnumber buyers. Investments are based on research with a long term focus of 5-10 years. The Fund seeks to be fully invested in the sharemarket with no more than 10% of its assets in cash for short periods of time.

The APIR code of the LIB - Allan Gray Australian Equity A managed fund is LIF9178AU.

LIB - Allan Gray Australian Equity A’s total return last month was 2.26%. This was made up of a growth return of 2.26% and an income return of 0%. These returns were calculated as at 31 Jul 2024.

LIB - Allan Gray Australian Equity A’s total return for the last three months was 1.18%. This was made up of a growth return of 1.18% and an income return of 0%%. These returns were calculated as at 31 Jul 2024.

LIB - Allan Gray Australian Equity A’s one-year total return is 3.96%. This was made up of a growth return of 3.96% and an income return of 0%. These returns were calculated as at 31 Jul 2024.

LIB - Allan Gray Australian Equity A’s one-year total return is 7.08%. This was made up of a growth return of 7.08% and an income return of 0%. These returns were calculated as at 31 Jul 2024.

The asset allocation of the LIB - Allan Gray Australian Equity A managed fund is :

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

The Responsible Entity for the LIB - Allan Gray Australian Equity A managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - Allan Gray Australian Equity A managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 30 Jun 2024, the size of the LIB - Allan Gray Australian Equity A managed fund was $1.98 million.

The LIB - Allan Gray Australian Equity A managed fund has an inception date of 27 Oct 2020.

The current entry price of the LIB - Allan Gray Australian Equity A managed fund is $1.3358 per unit and the current exit price is $1.3358 per unit (as at 31 Jul 2024).

The current exit price of the LIB - Allan Gray Australian Equity A managed fund is $1.3358 per unit and the current entry price is $1.3358 per unit (as at 31 Jul 2024).

The minimum initial investment amount for the LIB - Allan Gray Australian Equity A 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.