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

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

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 3.64% 3% 5.25% 1.23% 4.9% 3.04% 3.8% 4.55%
Growth return 3.64% 3% 5.25% 1.23% 4.9% 3.04% 3.8% 4.55%
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 30 Nov 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lifeplan Education Bond - FirstChoice Moderate
Australian Equities
20.34%
International Equities
30.33%
Cash
14.70%
Property
4.84%
Fixed Interest
20.82%
Alternatives
8.96%
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 Bond - FirstChoice Moderate
Closed
Lifeplan Australia Friendly Society Ltd
LIF0093AU
Multisector Balanced
starstarstarstar (as at 30 Nov 2020)
Investment Fund
1 Dec 2008
$2.95 million (as at 30 Nov 2020)
$1.8598 (as at 1 Dec 2020)
$1.8598 (as at 1 Dec 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.06% (as at 30 Jun 2012)
Performance fee (not included in ICR) 0.03
Minimum initial investment $1,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

FAQs about the Lifeplan Education Bond - FirstChoice Moderate

The objective of the Lifeplan Education Bond - FirstChoice Moderate 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 Lifeplan Education Bond - FirstChoice Moderate 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 Lifeplan Education Bond - FirstChoice Moderate managed fund is LIF0093AU.

Lifeplan Education Bond - FirstChoice Moderate’s total return last month was 3.64%. This was made up of a growth return of 3.64% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - FirstChoice Moderate’s total return for the last three months was 3%. This was made up of a growth return of 3% and an income return of 0%%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - FirstChoice Moderate’s one-year total return is 1.23%. This was made up of a growth return of 1.23% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - FirstChoice Moderate’s one-year total return is 3.04%. This was made up of a growth return of 3.04% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

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

Australian Equities
20.34%
International Equities
30.33%
Cash
14.70%
Property
4.84%
Fixed Interest
20.82%
Alternatives
8.96%

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

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

As at 30 Nov 2020, the size of the Lifeplan Education Bond - FirstChoice Moderate managed fund was $2.95 million.

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

The current entry price of the Lifeplan Education Bond - FirstChoice Moderate managed fund is $1.8598 per unit and the current exit price is $1.8598 per unit (as at 1 Dec 2020).

The current exit price of the Lifeplan Education Bond - FirstChoice Moderate managed fund is $1.8598 per unit and the current entry price is $1.8598 per unit (as at 1 Dec 2020).

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