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  5. LIB - Platypus Australian Equities Open - Managed fund profile

LIB - Platypus Australian Equities Open - Managed Fund

Fund Objective
Aims to deliver strong returns over the medium to long term through a "high convinction" approach by investing in fewer stocks with a larger proportion of assets invested into each stock.
Fund Strategy
To invest primarily in companies and trusts listed or soon to be listed on the Australian Securities Exchange (ASX). The underlying fund manager selects companies and trusts it believes offer the opportunity for above-average investment returns through their growth potential.

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 -1.55% 3.22% 6.51% 26.52% 13.08% 3.37% 6.93% 7.48%
Growth return -1.55% 3.22% 6.51% 26.52% 13.08% 3.37% 6.93% 7.48%
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 - Platypus Australian Equities Open
Australian Equities
97.83%
Cash
2.17%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.29%
Cash
-0.11%
International Equities
4.30%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
LIB - Platypus Australian Equities Open
Lifeplan Australia Friendly Society Ltd
LIF0111AU
Equity Australia Large Growth
starstarstarstar (as at 30 Sep 2024)
Investment Fund
1 May 2012
$3.44 million (as at 30 Sep 2024)
$2.7974 (as at 14 Nov 2024)
$2.7974 (as at 14 Nov 2024)
Open
Offer information
Type Description
MER 2.57% (as at 20 Aug 2023)
Minimum initial investment $1,000.00
Minimum additional investments $100.00
Minimum redemption amount $500.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Rio Tinto Ltd Equity 7.47%
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FAQs about the LIB - Platypus Australian Equities Open

The objective of the LIB - Platypus Australian Equities Open managed fund is Aims to deliver strong returns over the medium to long term through a "high convinction" approach by investing in fewer stocks with a larger proportion of assets invested into each stock.

The strategy of the LIB - Platypus Australian Equities Open managed fund is To invest primarily in companies and trusts listed or soon to be listed on the Australian Securities Exchange (ASX). The underlying fund manager selects companies and trusts it believes offer the opportunity for above-average investment returns through their growth potential.

The APIR code of the LIB - Platypus Australian Equities Open managed fund is LIF0111AU.

LIB - Platypus Australian Equities Open’s total return last month was -1.55%. This was made up of a growth return of -1.55% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Platypus Australian Equities Open’s total return for the last three months was 3.22%. This was made up of a growth return of 3.22% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

LIB - Platypus Australian Equities Open’s one-year total return is 26.52%. This was made up of a growth return of 26.52% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

LIB - Platypus Australian Equities Open’s one-year total return is 3.37%. This was made up of a growth return of 3.37% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

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

Australian Equities
97.83%
Cash
2.17%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

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

The LIB - Platypus Australian Equities Open managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 30 Sep 2024, the size of the LIB - Platypus Australian Equities Open managed fund was $3.44 million.

The LIB - Platypus Australian Equities Open managed fund has an inception date of 1 May 2012.

The current entry price of the LIB - Platypus Australian Equities Open managed fund is $2.7974 per unit and the current exit price is $2.7974 per unit (as at 14 Nov 2024).

The current exit price of the LIB - Platypus Australian Equities Open managed fund is $2.7974 per unit and the current entry price is $2.7974 per unit (as at 14 Nov 2024).

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