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

Lifeplan Education Savings Plan - Diversified - Managed Fund

Fund Objective
The investment fund aims to provide growth over the medium to long term from a diversified portfolio investing primarily in growth assets.
Fund Strategy
The broad asset allocation is to be 70% invested in growth assets and 30% in defensive assets. Allocations are regularly reviewed and may be altered in response to a fundamental change in long term expectations or market demand. This option may partially hedge currency 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 1.43% 3.78% 3.54% 8.98% 9.25% 3.33% 4.12% 4.8%
Growth return 1.43% 3.78% 3.54% 8.98% 9.25% 3.33% 4.12% 4.8%
Income return 0% 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 30 Sep 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lifeplan Education Savings Plan - Diversified
Australian Equities
26.39%
International Equities
38.34%
Cash
5.34%
Property
4.46%
Fixed Interest
25.48%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.60%
International Equities
33.81%
Cash
5.73%
Property
6.79%
Fixed Interest
21.70%
Alternatives
4.37%

General Information

Fund Details
Type Description
Lifeplan Education Savings Plan - Diversified
Lifeplan Australia Friendly Society Ltd
LIF0015AU
Multisector Growth
starstarstarstar (as at 30 Sep 2024)
Investment Fund
1 Jan 2006
$12.23 million (as at 30 Sep 2024)
$2.0182 (as at 14 Oct 2024)
$2.0182 (as at 14 Oct 2024)
Closed
Offer information
Type Description
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 additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Euro-Schatz Fut Jun24 Bond - Treasury Future 12.99%
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FAQs about the Lifeplan Education Savings Plan - Diversified

The objective of the Lifeplan Education Savings Plan - Diversified managed fund is The investment fund aims to provide growth over the medium to long term from a diversified portfolio investing primarily in growth assets.

The strategy of the Lifeplan Education Savings Plan - Diversified managed fund is The broad asset allocation is to be 70% invested in growth assets and 30% in defensive assets. Allocations are regularly reviewed and may be altered in response to a fundamental change in long term expectations or market demand. This option may partially hedge currency risk.

The APIR code of the Lifeplan Education Savings Plan - Diversified managed fund is LIF0015AU.

Lifeplan Education Savings Plan - Diversified’s total return last month was 1.43%. This was made up of a growth return of 1.43% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

Lifeplan Education Savings Plan - Diversified’s total return for the last three months was 3.78%. This was made up of a growth return of 3.78% and an income return of 0%%. These returns were calculated as at 30 Sep 2024.

Lifeplan Education Savings Plan - Diversified’s one-year total return is 8.98%. This was made up of a growth return of 8.98% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

Lifeplan Education Savings Plan - Diversified’s one-year total return is 3.33%. This was made up of a growth return of 3.33% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

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

Australian Equities
26.39%
International Equities
38.34%
Cash
5.34%
Property
4.46%
Fixed Interest
25.48%
Alternatives
0%

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

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

As at 30 Sep 2024, the size of the Lifeplan Education Savings Plan - Diversified managed fund was $12.23 million.

The Lifeplan Education Savings Plan - Diversified managed fund has an inception date of 1 Jan 2006.

The current entry price of the Lifeplan Education Savings Plan - Diversified managed fund is $2.0182 per unit and the current exit price is $2.0182 per unit (as at 14 Oct 2024).

The current exit price of the Lifeplan Education Savings Plan - Diversified managed fund is $2.0182 per unit and the current entry price is $2.0182 per unit (as at 14 Oct 2024).

The minimum initial investment amount for the Lifeplan Education Savings Plan - Diversified 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.