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  5. LIB - Fidelity Australian Equities Fund Open - Managed fund profile

LIB - Fidelity Australian Equities Fund Open - Managed Fund

Fund Objective
To achieve returns in excess of the S&P/ASX 200 Accumulation Index over the suggested minimum investment time period of five to seven years.
Fund Strategy
An investment approach driven by fundamental research that favours companies with superior management, a competitive edge, sound balance sheet, strong free cash flow and low gearing. The Fund invests in a diversified selection of around 30 to 50 listed Australian companies.

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 -1.21% 2.62% 5.15% 15.49% 8.3% 3.89% 5.9% -%
Growth return -1.21% 2.62% 5.15% 15.49% 8.3% 3.89% 5.9% -%
Income return 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 - Fidelity Australian Equities Fund Open
Australian Equities
97.78%
Cash
2.22%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
Cash
-0.08%
International Equities
4.21%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
LIB - Fidelity Australian Equities Fund Open
Lifeplan Australia Friendly Society Ltd
LIF0704AU
Equity Australia Large Blend
starstarstar (as at 30 Sep 2024)
Investment Fund
26 Jul 2016
$35.08 million (as at 30 Sep 2024)
$1.625 (as at 14 Nov 2024)
$1.625 (as at 14 Nov 2024)
Open
Offer information
Type Description
MER 1.30% (as at 7 Oct 2024)
Minimum initial investment $1,000.00
Minimum additional investments $100.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Commonwealth Bank of Australia Equity 11.07%
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FAQs about the LIB - Fidelity Australian Equities Fund Open

The objective of the LIB - Fidelity Australian Equities Fund Open managed fund is To achieve returns in excess of the S&P/ASX 200 Accumulation Index over the suggested minimum investment time period of five to seven years.

The strategy of the LIB - Fidelity Australian Equities Fund Open managed fund is An investment approach driven by fundamental research that favours companies with superior management, a competitive edge, sound balance sheet, strong free cash flow and low gearing. The Fund invests in a diversified selection of around 30 to 50 listed Australian companies.

The APIR code of the LIB - Fidelity Australian Equities Fund Open managed fund is LIF0704AU.

LIB - Fidelity Australian Equities Fund Open’s total return last month was -1.21%. This was made up of a growth return of -1.21% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Fidelity Australian Equities Fund Open’s total return for the last three months was 2.62%. This was made up of a growth return of 2.62% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LIB - Fidelity Australian Equities Fund Open’s one-year total return is 15.49%. This was made up of a growth return of 15.49% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Fidelity Australian Equities Fund Open’s one-year total return is 3.89%. This was made up of a growth return of 3.89% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the LIB - Fidelity Australian Equities Fund Open managed fund is :

Australian Equities
97.78%
Cash
2.22%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the LIB - Fidelity Australian Equities Fund Open managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - Fidelity Australian Equities Fund Open managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Sep 2024, the size of the LIB - Fidelity Australian Equities Fund Open managed fund was $35.08 million.

The LIB - Fidelity Australian Equities Fund Open managed fund has an inception date of 26 Jul 2016.

The current entry price of the LIB - Fidelity Australian Equities Fund Open managed fund is $1.625 per unit and the current exit price is $1.625 per unit (as at 14 Nov 2024).

The current exit price of the LIB - Fidelity Australian Equities Fund Open managed fund is $1.625 per unit and the current entry price is $1.625 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the LIB - Fidelity Australian Equities Fund 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.