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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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-1.58%	2.34%	3.54%	15.24%	8.18%	6.22%	-%	-%
Growth return	-1.58%	2.34%	3.54%	15.24%	8.18%	6.22%	-%	-%
Income return	0%	0%	0%	0%	0%	0%	-%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	-1.31%	2.1%	8.44%	24.89%	13.39%	8.01%	8.17%	8.32%

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

Australian Equities: 93.36%

International Equities: 4.21%

Cash: -0.08%

Property: 2.11%

Fixed Interest: 0.40%

Alternatives: 0.01%

General Information

Fund Details

Type	Description
Fund Name	LIB - Allan Gray Australian Equity A
Responsible Entity	Lifeplan Australia Friendly Society Ltd
APIR Code	LIF9178AU
Sector/Asset Class	Equity Australia Large Value
Morningstar Rating	(as at 30 Sep 2024)
Legal Structure	Investment Fund
Fund Inception	27 Oct 2020
Fund Size	$2.1 million (as at 30 Sep 2024)
Entry Price	$1.368 (as at 14 Nov 2024)
Exit Price	$1.368 (as at 14 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	1.40% (as at 7 Oct 2024)
Minimum initial investment	$1,000.00
Minimum additional investments	$100.00

FAQs about the LIB - Allan Gray Australian Equity A

What is the objective of the LIB - Allan Gray Australian Equity A managed fund?

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.

What is the strategy for the LIB - Allan Gray Australian Equity A managed fund?

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.

What is the APIR code of the LIB - Allan Gray Australian Equity A managed fund?

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

What was LIB - Allan Gray Australian Equity A’s total return last month?

LIB - Allan Gray Australian Equity A’s total return last month was -1.58%. This was made up of a growth return of -1.58% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was LIB - Allan Gray Australian Equity A’s total return for the last three months?

LIB - Allan Gray Australian Equity A’s total return for the last three months was 2.34%. This was made up of a growth return of 2.34% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

What is LIB - Allan Gray Australian Equity A’s one-year total return?

LIB - Allan Gray Australian Equity A’s one-year total return is 15.24%. This was made up of a growth return of 15.24% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What is LIB - Allan Gray Australian Equity A’s three-year total return?

LIB - Allan Gray Australian Equity A’s one-year total return is 6.22%. This was made up of a growth return of 6.22% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the LIB - Allan Gray Australian Equity A managed fund?

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%

Who is the responsible Entity of the LIB - Allan Gray Australian Equity A managed fund?

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

What sector/asset class does the LIB - Allan Gray Australian Equity A managed fund belong to?

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

What is the size of the LIB - Allan Gray Australian Equity A managed fund?

As at 30 Sep 2024, the size of the LIB - Allan Gray Australian Equity A managed fund was $2.1 million.

What is the inception date of the LIB - Allan Gray Australian Equity A managed fund?

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

What is the current entry price of the LIB - Allan Gray Australian Equity A managed fund?

The current entry price of the LIB - Allan Gray Australian Equity A managed fund is $1.368 per unit and the current exit price is $1.368 per unit (as at 14 Nov 2024).

What is the current exit price of the LIB - Allan Gray Australian Equity A managed fund?

The current exit price of the LIB - Allan Gray Australian Equity A managed fund is $1.368 per unit and the current entry price is $1.368 per unit (as at 14 Nov 2024).

What is the minimum investment amount for the LIB - Allan Gray Australian Equity A managed fund?

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.

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