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  5. Lifeplan Education Bond - MLC Balanced - Managed fund profile

Lifeplan Education Bond - MLC Balanced - Managed Fund (Closed)

Fund Objective
Aims to outperform the Benchmark, after fees, over 5 year periods.
Fund Strategy
The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

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 4.47% 3.66% 6.59% 0.33% 5.37% 3.47% 4.52% 5.17%
Growth return 4.47% 3.66% 6.59% 0.33% 5.37% 3.47% 4.52% 5.17%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.98% 4.07% 9.17% 18.84% 11.44% 6.08% 6.76% 7.77%
As at 30 Nov 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lifeplan Education Bond - MLC Balanced
Australian Equities
25.60%
International Equities
37.84%
Cash
2.53%
Property
0.06%
Fixed Interest
23.52%
Alternatives
10.45%
Average Allocation of Peers
Australian Equities
27.54%
International Equities
33.90%
Cash
5.64%
Property
6.85%
Fixed Interest
21.68%
Alternatives
4.39%

General Information

Fund Details
Type Description
Lifeplan Education Bond - MLC Balanced
Closed
Lifeplan Australia Friendly Society Ltd
LIF0036AU
Multisector Growth
starstarstar (as at 30 Nov 2020)
Investment Fund
11 Jul 2007
$3.29 million (as at 30 Nov 2020)
$1.5316 (as at 1 Dec 2020)
$1.5316 (as at 1 Dec 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.10% (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 2023)

Holding (as at 30 Jun 2023) Type % of Portfolio
Mlc Pe Institutional Class Mutual Fund - Unspecified 4.07%
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FAQs about the Lifeplan Education Bond - MLC Balanced

The objective of the Lifeplan Education Bond - MLC Balanced managed fund is Aims to outperform the Benchmark, after fees, over 5 year periods.

The strategy of the Lifeplan Education Bond - MLC Balanced managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The APIR code of the Lifeplan Education Bond - MLC Balanced managed fund is LIF0036AU.

Lifeplan Education Bond - MLC Balanced’s total return last month was 4.47%. This was made up of a growth return of 4.47% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - MLC Balanced’s total return for the last three months was 3.66%. This was made up of a growth return of 3.66% and an income return of 0%%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - MLC Balanced’s one-year total return is 0.33%. This was made up of a growth return of 0.33% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

Lifeplan Education Bond - MLC Balanced’s one-year total return is 3.47%. This was made up of a growth return of 3.47% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

The asset allocation of the Lifeplan Education Bond - MLC Balanced managed fund is :

Australian Equities
25.60%
International Equities
37.84%
Cash
2.53%
Property
0.06%
Fixed Interest
23.52%
Alternatives
10.45%

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

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

As at 30 Nov 2020, the size of the Lifeplan Education Bond - MLC Balanced managed fund was $3.29 million.

The Lifeplan Education Bond - MLC Balanced managed fund has an inception date of 11 Jul 2007.

The current entry price of the Lifeplan Education Bond - MLC Balanced managed fund is $1.5316 per unit and the current exit price is $1.5316 per unit (as at 1 Dec 2020).

The current exit price of the Lifeplan Education Bond - MLC Balanced managed fund is $1.5316 per unit and the current entry price is $1.5316 per unit (as at 1 Dec 2020).

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