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  5. Lifeplan Education Bond - FirstChoice Conservative - Managed fund profile

Lifeplan Education Bond - FirstChoice Conservative - Managed Fund (Closed)

Fund Objective
To provide a regular income stream while maintaining and potentially increasing the value of capital over the medium term.
Fund Strategy
The option's broad asset allocation is to be 30% invested in growth assets (shares and property) and 70% in defensive assets (fixed interest and cash). Allocations are reviewed regularly although a reallocation is only considered in response to a fundamental change in long-term expectations or market demand. We seek to add value through a disciplined approach to the selection of the investments held by the option. For risk management purposes, the option may hedge some of its currency exposure.

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 1.92% 1.65% 2.81% 1% 3.16% 2.02% 2.3% 3.04%
Growth return 1.92% 1.65% 2.81% 1% 3.16% 2.02% 2.3% 3.04%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.78% 1.76% 5.73% 10.85% 6.55% 2.27% 2.8% 4.37%
As at 30 Nov 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lifeplan Education Bond - FirstChoice Conservative
Australian Equities
15.39%
International Equities
9.70%
Cash
31.83%
Property
4.95%
Fixed Interest
38.12%
Alternatives
0%
Average Allocation of Peers
Australian Equities
11.13%
International Equities
13.65%
Cash
17.07%
Property
4.33%
Fixed Interest
47.65%
Alternatives
6.17%

General Information

Fund Details
Type Description
Lifeplan Education Bond - FirstChoice Conservative
Closed
Lifeplan Australia Friendly Society Ltd
LIF0091AU
Multisector Moderate
starstarstar (as at 30 Nov 2020)
Investment Fund
1 Dec 2008
$1.2 million (as at 30 Nov 2020)
$1.516 (as at 1 Dec 2020)
$1.516 (as at 1 Dec 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.01% (as at 30 Jun 2012)
Performance fee (not included in ICR) 0.02
Minimum initial investment $1,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

FAQs about the Lifeplan Education Bond - FirstChoice Conservative

The objective of the Lifeplan Education Bond - FirstChoice Conservative managed fund is To provide a regular income stream while maintaining and potentially increasing the value of capital over the medium term.

The strategy of the Lifeplan Education Bond - FirstChoice Conservative managed fund is The option's broad asset allocation is to be 30% invested in growth assets (shares and property) and 70% in defensive assets (fixed interest and cash). Allocations are reviewed regularly although a reallocation is only considered in response to a fundamental change in long-term expectations or market demand. We seek to add value through a disciplined approach to the selection of the investments held by the option. For risk management purposes, the option may hedge some of its currency exposure.

The APIR code of the Lifeplan Education Bond - FirstChoice Conservative managed fund is LIF0091AU.

Lifeplan Education Bond - FirstChoice Conservative’s total return last month was 1.92%. This was made up of a growth return of 1.92% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - FirstChoice Conservative’s total return for the last three months was 1.65%. This was made up of a growth return of 1.65% and an income return of 0%%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - FirstChoice Conservative’s one-year total return is 1%. This was made up of a growth return of 1% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - FirstChoice Conservative’s one-year total return is 2.02%. This was made up of a growth return of 2.02% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

The asset allocation of the Lifeplan Education Bond - FirstChoice Conservative managed fund is :

Australian Equities
15.39%
International Equities
9.70%
Cash
31.83%
Property
4.95%
Fixed Interest
38.12%
Alternatives
0%

The Responsible Entity for the Lifeplan Education Bond - FirstChoice Conservative managed fund is Lifeplan Australia Friendly Society Ltd.

The Lifeplan Education Bond - FirstChoice Conservative managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Nov 2020, the size of the Lifeplan Education Bond - FirstChoice Conservative managed fund was $1.2 million.

The Lifeplan Education Bond - FirstChoice Conservative managed fund has an inception date of 1 Dec 2008.

The current entry price of the Lifeplan Education Bond - FirstChoice Conservative managed fund is $1.516 per unit and the current exit price is $1.516 per unit (as at 1 Dec 2020).

The current exit price of the Lifeplan Education Bond - FirstChoice Conservative managed fund is $1.516 per unit and the current entry price is $1.516 per unit (as at 1 Dec 2020).

The minimum initial investment amount for the Lifeplan Education Bond - FirstChoice Conservative 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.