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  5. LIB - MLC Horizon 2 CSO - Managed fund profile

LIB - MLC Horizon 2 CSO - Managed Fund

Fund Objective
Aims to provide a return higher than its benchmark (before fees) over 3 year periods.
Fund Strategy
To invest in a diversified portfolio comprising mainly of defensive assets and to provide a regular income stream with some tax advantages.

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 -0.27% 1.14% 2.91% 7.68% 5.2% 2.25% 1.97% 2.26%
Growth return -0.27% 1.14% 2.91% 7.68% 5.2% 2.25% 1.97% 2.26%
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

LIB - MLC Horizon 2 CSO
Australian Equities
9.05%
International Equities
14.11%
Cash
3.04%
Property
0.03%
Fixed Interest
60.86%
Alternatives
12.92%
Average Allocation of Peers
Australian Equities
11.09%
International Equities
13.67%
Cash
17.10%
Property
4.32%
Fixed Interest
47.58%
Alternatives
6.24%

General Information

Fund Details
Type Description
LIB - MLC Horizon 2 CSO
Lifeplan Australia Friendly Society Ltd
LIF0125AU
Multisector Moderate
starstarstarstar (as at 30 Sep 2024)
Investment Fund
1 May 2012
$7.62 million (as at 30 Sep 2024)
$1.4299 (as at 14 Nov 2024)
$1.4299 (as at 14 Nov 2024)
Open
Offer information
Type Description
MER 1.20% (as at 7 Oct 2024)
Minimum initial investment $1,000.00
Minimum additional investments $100.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
Multimix Wholesale International Shares Trust Mutual Fund - Open End 10.89%
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FAQs about the LIB - MLC Horizon 2 CSO

The objective of the LIB - MLC Horizon 2 CSO managed fund is Aims to provide a return higher than its benchmark (before fees) over 3 year periods.

The strategy of the LIB - MLC Horizon 2 CSO managed fund is To invest in a diversified portfolio comprising mainly of defensive assets and to provide a regular income stream with some tax advantages.

The APIR code of the LIB - MLC Horizon 2 CSO managed fund is LIF0125AU.

LIB - MLC Horizon 2 CSO’s total return last month was -0.27%. This was made up of a growth return of -0.27% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - MLC Horizon 2 CSO’s total return for the last three months was 1.14%. This was made up of a growth return of 1.14% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LIB - MLC Horizon 2 CSO’s one-year total return is 7.68%. This was made up of a growth return of 7.68% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - MLC Horizon 2 CSO’s one-year total return is 2.25%. This was made up of a growth return of 2.25% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the LIB - MLC Horizon 2 CSO managed fund is :

Australian Equities
9.05%
International Equities
14.11%
Cash
3.04%
Property
0.03%
Fixed Interest
60.86%
Alternatives
12.92%

The Responsible Entity for the LIB - MLC Horizon 2 CSO managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - MLC Horizon 2 CSO managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Sep 2024, the size of the LIB - MLC Horizon 2 CSO managed fund was $7.62 million.

The LIB - MLC Horizon 2 CSO managed fund has an inception date of 1 May 2012.

The current entry price of the LIB - MLC Horizon 2 CSO managed fund is $1.4299 per unit and the current exit price is $1.4299 per unit (as at 14 Nov 2024).

The current exit price of the LIB - MLC Horizon 2 CSO managed fund is $1.4299 per unit and the current entry price is $1.4299 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the LIB - MLC Horizon 2 CSO 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.