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  5. Lifeplan Education Savings Plan - Balanced - Managed fund profile

Lifeplan Education Savings Plan - Balanced - Managed Fund

Fund Objective
Balanced Option aims to grow returns over the medium to loger term through investment in a diversified portfolio balanced between growth and defensive assets.
Fund Strategy
The broad asset allocation is to be 50% invested in growth assets and 50% in defensive assets. Allocations are reviewed regularly although changes are infrequent, and a reallocation would only be considered in response to fundamental changes in long-term expectations or market demand. This option may partially hedge risk.

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 -0.42% 0.83% 3.88% 8.39% 6.68% 2.67% 3.01% 3.57%
Growth return -0.42% 0.83% 3.88% 8.39% 6.68% 2.67% 3.01% 3.57%
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

Lifeplan Education Savings Plan - Balanced
Australian Equities
16.97%
International Equities
29.51%
Cash
9.09%
Property
2.95%
Fixed Interest
41.49%
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
Lifeplan Education Savings Plan - Balanced
Lifeplan Australia Friendly Society Ltd
LIF0010AU
Multisector Balanced
starstarstar (as at 30 Sep 2024)
Investment Fund
1 Feb 2005
$11.07 million (as at 30 Sep 2024)
$1.9145 (as at 14 Nov 2024)
$1.9145 (as at 14 Nov 2024)
Closed
Offer information
Type Description
MER 1.75% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 1.75% (as at 30 Jun 2012)
Minimum initial investment $1,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 30 Sep 2023)

Holding (as at 30 Sep 2023) Type % of Portfolio
Cfs Wholesale Core Fi Fund Alternatives - Private Equity 35.55%
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FAQs about the Lifeplan Education Savings Plan - Balanced

The objective of the Lifeplan Education Savings Plan - Balanced managed fund is Balanced Option aims to grow returns over the medium to loger term through investment in a diversified portfolio balanced between growth and defensive assets.

The strategy of the Lifeplan Education Savings Plan - Balanced managed fund is The broad asset allocation is to be 50% invested in growth assets and 50% in defensive assets. Allocations are reviewed regularly although changes are infrequent, and a reallocation would only be considered in response to fundamental changes in long-term expectations or market demand. This option may partially hedge risk.

The APIR code of the Lifeplan Education Savings Plan - Balanced managed fund is LIF0010AU.

Lifeplan Education Savings Plan - Balanced’s total return last month was -0.42%. This was made up of a growth return of -0.42% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Lifeplan Education Savings Plan - Balanced’s total return for the last three months was 0.83%. This was made up of a growth return of 0.83% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Lifeplan Education Savings Plan - Balanced’s one-year total return is 8.39%. This was made up of a growth return of 8.39% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Lifeplan Education Savings Plan - Balanced’s one-year total return is 2.67%. This was made up of a growth return of 2.67% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Lifeplan Education Savings Plan - Balanced managed fund is :

Australian Equities
16.97%
International Equities
29.51%
Cash
9.09%
Property
2.95%
Fixed Interest
41.49%
Alternatives
0%

The Responsible Entity for the Lifeplan Education Savings Plan - Balanced managed fund is Lifeplan Australia Friendly Society Ltd.

The Lifeplan Education Savings Plan - Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Sep 2024, the size of the Lifeplan Education Savings Plan - Balanced managed fund was $11.07 million.

The Lifeplan Education Savings Plan - Balanced managed fund has an inception date of 1 Feb 2005.

The current entry price of the Lifeplan Education Savings Plan - Balanced managed fund is $1.9145 per unit and the current exit price is $1.9145 per unit (as at 14 Nov 2024).

The current exit price of the Lifeplan Education Savings Plan - Balanced managed fund is $1.9145 per unit and the current entry price is $1.9145 per unit (as at 14 Nov 2024).

The minimum initial investment amount for the Lifeplan Education Savings Plan - Balanced managed fund is $1,000. Minimum additional investment is $500.

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.