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  5. LIB - MLC Wholesale Index Plus Balanced Portfolio - Managed fund profile

LIB - MLC Wholesale Index Plus Balanced Portfolio - Managed Fund

Fund Objective
Aims to provide a return that meets its benchmark, before fees, over 4 year periods.
Fund Strategy
The portfolio's returns are benchmarked against a combination of investment market indices. To meet the benchmark return while reducing the portfolio's exposure to market risks, we, Research and select mostly mainstream asset classes, with some exposure to alternative assets and strategies, and actively manage the portfolio's exposure to risk by adjusting the allocations to the asset classes within defined ranges. Select investment managers from around the world.

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 -0.04% 2.06% 5.39% 14.93% 8.71% 3.95% 4.56% -%
Growth return -0.04% 2.06% 5.39% 14.93% 8.71% 3.95% 4.56% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.43% 1.58% 7.38% 20.91% 12.04% 5.34% 6.61% 7.49%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LIB - MLC Wholesale Index Plus Balanced Portfolio
Australian Equities
23.92%
International Equities
39.48%
Cash
2.37%
Property
5.25%
Fixed Interest
28.18%
Alternatives
0.80%
Average Allocation of Peers
Australian Equities
27.51%
International Equities
34.07%
Cash
5.57%
Property
6.79%
Fixed Interest
21.68%
Alternatives
4.38%

General Information

Fund Details
Type Description
LIB - MLC Wholesale Index Plus Balanced Portfolio
Lifeplan Australia Friendly Society Ltd
LIF9607AU
Multisector Growth
starstarstarstar (as at 30 Sep 2024)
Investment Fund
21 May 2018
$2.49 million (as at 30 Sep 2024)
$1.3793 (as at 14 Nov 2024)
$1.3793 (as at 14 Nov 2024)
Open
Offer information
Type Description
MER 0.71% (as at 7 Oct 2024)
Minimum initial investment $1,000.00
Minimum additional investments $100.00

Top 10 holdings (as at 31 Jul 2024)

Holding (as at 31 Jul 2024) Type % of Portfolio
American Axle & Manufacturing Inc. Bond - Corporate Bond 0%
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FAQs about the LIB - MLC Wholesale Index Plus Balanced Portfolio

The objective of the LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund is Aims to provide a return that meets its benchmark, before fees, over 4 year periods.

The strategy of the LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund is The portfolio's returns are benchmarked against a combination of investment market indices. To meet the benchmark return while reducing the portfolio's exposure to market risks, we, Research and select mostly mainstream asset classes, with some exposure to alternative assets and strategies, and actively manage the portfolio's exposure to risk by adjusting the allocations to the asset classes within defined ranges. Select investment managers from around the world.

The APIR code of the LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund is LIF9607AU.

LIB - MLC Wholesale Index Plus Balanced Portfolio’s total return last month was -0.04%. This was made up of a growth return of -0.04% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - MLC Wholesale Index Plus Balanced Portfolio’s total return for the last three months was 2.06%. This was made up of a growth return of 2.06% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LIB - MLC Wholesale Index Plus Balanced Portfolio’s one-year total return is 14.93%. This was made up of a growth return of 14.93% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - MLC Wholesale Index Plus Balanced Portfolio’s one-year total return is 3.95%. This was made up of a growth return of 3.95% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund is :

Australian Equities
23.92%
International Equities
39.48%
Cash
2.37%
Property
5.25%
Fixed Interest
28.18%
Alternatives
0.80%

The Responsible Entity for the LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2024, the size of the LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund was $2.49 million.

The LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund has an inception date of 21 May 2018.

The current entry price of the LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund is $1.3793 per unit and the current exit price is $1.3793 per unit (as at 14 Nov 2024).

The current exit price of the LIB - MLC Wholesale Index Plus Balanced Portfolio managed fund is $1.3793 per unit and the current entry price is $1.3793 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the LIB - MLC Wholesale Index Plus Balanced Portfolio 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.