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  5. LIB - Colonial FirstChoice Australian Shares Open - Managed fund profile

LIB - Colonial FirstChoice Australian Shares Open - Managed Fund

Fund Objective
To provide long-term capital growth and some tax-effective income from a diversified portfolio of predominantly Australian companies.To outperform the S&P/ASX 300 Accumulation Index over rolling three-year periods before fees and taxes.
Fund Strategy
To invest in a diversified portfolio of predominantly Australian companies. The investments are managed by a number of leading Australian share managers which have different, yet complementary, investment styles, which is designed to deliver more consistent returns with less risk than would be achieved if investing with a single investment manager.

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 -1.06% 1.22% 5.54% 16.38% 8.52% 5.02% 5.09% 5.24%
Growth return -1.06% 1.22% 5.54% 16.38% 8.52% 5.02% 5.09% 5.24%
Income return 0% 0% 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

LIB - Colonial FirstChoice Australian Shares Open
Australian Equities
89.43%
International Equities
9.29%
Cash
1.28%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.29%
International Equities
4.30%
Cash
-0.11%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
LIB - Colonial FirstChoice Australian Shares Open
Lifeplan Australia Friendly Society Ltd
LIF0141AU
Equity Australia Large Blend
starstarstar (as at 30 Sep 2024)
Investment Fund
1 May 2012
$7.32 million (as at 30 Sep 2024)
$2.2328 (as at 14 Nov 2024)
$2.2328 (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 Aug 2024)

Holding (as at 31 Aug 2024) Type % of Portfolio
BHP Group Ltd Equity 10.06%
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FAQs about the LIB - Colonial FirstChoice Australian Shares Open

The objective of the LIB - Colonial FirstChoice Australian Shares Open managed fund is To provide long-term capital growth and some tax-effective income from a diversified portfolio of predominantly Australian companies.To outperform the S&P/ASX 300 Accumulation Index over rolling three-year periods before fees and taxes.

The strategy of the LIB - Colonial FirstChoice Australian Shares Open managed fund is To invest in a diversified portfolio of predominantly Australian companies. The investments are managed by a number of leading Australian share managers which have different, yet complementary, investment styles, which is designed to deliver more consistent returns with less risk than would be achieved if investing with a single investment manager.

The APIR code of the LIB - Colonial FirstChoice Australian Shares Open managed fund is LIF0141AU.

LIB - Colonial FirstChoice Australian Shares Open’s total return last month was -1.06%. This was made up of a growth return of -1.06% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Colonial FirstChoice Australian Shares Open’s total return for the last three months was 1.22%. This was made up of a growth return of 1.22% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LIB - Colonial FirstChoice Australian Shares Open’s one-year total return is 16.38%. This was made up of a growth return of 16.38% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Colonial FirstChoice Australian Shares Open’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 LIB - Colonial FirstChoice Australian Shares Open managed fund is :

Australian Equities
89.43%
International Equities
9.29%
Cash
1.28%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the LIB - Colonial FirstChoice Australian Shares Open managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - Colonial FirstChoice Australian Shares Open managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Sep 2024, the size of the LIB - Colonial FirstChoice Australian Shares Open managed fund was $7.32 million.

The LIB - Colonial FirstChoice Australian Shares Open managed fund has an inception date of 1 May 2012.

The current entry price of the LIB - Colonial FirstChoice Australian Shares Open managed fund is $2.2328 per unit and the current exit price is $2.2328 per unit (as at 14 Nov 2024).

The current exit price of the LIB - Colonial FirstChoice Australian Shares Open managed fund is $2.2328 per unit and the current entry price is $2.2328 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the LIB - Colonial FirstChoice Australian Shares 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.