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  5. LIB - Multi-manager Moderate Fund - Managed fund profile

LIB - Multi-manager Moderate Fund - Managed Fund

Fund Objective
To provide a balance of income and capital growth over the medium-to-long term. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.
Fund Strategy
To allocate 60% of investments to growth assets such as shares, property and infrastructure securities and 40% to defensive assets such as fixed interest and cash. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers. The portfolio aims to hedge currency risk except for the allocation to emerging market shares and part of the allocation to global shares.

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 -0.15% 0.84% 3.65% 10.88% 6.08% 1.67% 2.56% 3.09%
Growth return -0.15% 0.84% 3.65% 10.88% 6.08% 1.67% 2.56% 3.09%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LIB - Multi-manager Moderate Fund
Australian Equities
16.95%
International Equities
37.65%
Cash
5.59%
Property
5.80%
Fixed Interest
34.02%
Alternatives
0%
Average Allocation of Peers
Australian Equities
15.86%
International Equities
27.73%
Cash
10.19%
Property
3.97%
Fixed Interest
35.38%
Alternatives
6.87%

General Information

Fund Details
Type Description
LIB - Multi-manager Moderate Fund
Lifeplan Australia Friendly Society Ltd
LIF0014AU
Multisector Balanced
starstarstar (as at 30 Sep 2024)
Investment Fund
5 Sep 2005
$13.76 million (as at 30 Sep 2024)
$1.7835 (as at 14 Nov 2024)
$1.7835 (as at 14 Nov 2024)
Closed
Offer information
Type Description
Standard entry fee 4%
MER 1.85% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 1.85% (as at 30 Jun 2012)
Minimum initial investment $1,000.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Aust 3yr Bond Fut Jun23 Bond - Treasury Future 2.57%
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FAQs about the LIB - Multi-manager Moderate Fund

The objective of the LIB - Multi-manager Moderate Fund managed fund is To provide a balance of income and capital growth over the medium-to-long term. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.

The strategy of the LIB - Multi-manager Moderate Fund managed fund is To allocate 60% of investments to growth assets such as shares, property and infrastructure securities and 40% to defensive assets such as fixed interest and cash. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers. The portfolio aims to hedge currency risk except for the allocation to emerging market shares and part of the allocation to global shares.

The APIR code of the LIB - Multi-manager Moderate Fund managed fund is LIF0014AU.

LIB - Multi-manager Moderate Fund’s total return last month was -0.15%. This was made up of a growth return of -0.15% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Multi-manager Moderate Fund’s total return for the last three months was 0.84%. This was made up of a growth return of 0.84% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LIB - Multi-manager Moderate Fund’s one-year total return is 10.88%. This was made up of a growth return of 10.88% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Multi-manager Moderate Fund’s one-year total return is 1.67%. This was made up of a growth return of 1.67% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the LIB - Multi-manager Moderate Fund managed fund is :

Australian Equities
16.95%
International Equities
37.65%
Cash
5.59%
Property
5.80%
Fixed Interest
34.02%
Alternatives
0%

The Responsible Entity for the LIB - Multi-manager Moderate Fund managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - Multi-manager Moderate Fund managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Sep 2024, the size of the LIB - Multi-manager Moderate Fund managed fund was $13.76 million.

The LIB - Multi-manager Moderate Fund managed fund has an inception date of 5 Sep 2005.

The current entry price of the LIB - Multi-manager Moderate Fund managed fund is $1.7835 per unit and the current exit price is $1.7835 per unit (as at 14 Nov 2024).

The current exit price of the LIB - Multi-manager Moderate Fund managed fund is $1.7835 per unit and the current entry price is $1.7835 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the LIB - Multi-manager Moderate Fund managed fund is $1,000.

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.