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  5. Lifeplan NextGen - MLC Horizon 7 Accelerated Growth - Managed fund profile

Lifeplan NextGen - MLC Horizon 7 Accelerated Growth - Managed Fund (Closed)

Fund Objective
Aims to outperform the Benchmark, after fees, over 7 year periods.
Fund Strategy
The portfolio invests in growth assets and may have minimal exposure to defensive assets through its alternative investments. 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 potential risks and opportunities in investment markets. The portfolio is broadly diversified across growth asset classes and investment managers from around the world. The portfolio uses gearing.

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 4.44% 9.58% 13.12% 1.11% 5.57% 13.38% -% -%
Growth return 4.44% 9.58% 13.12% 1.11% 5.57% 13.38% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.08% 2.19% 4.39% 4.13% 3.21% 1.98% 1.93%
As at 31 Mar 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lifeplan NextGen - MLC Horizon 7 Accelerated Growth
Australian Equities
42.33%
International Equities
80.42%
Cash
1.26%
Property
2.11%
Fixed Interest
2.87%
Alternatives
-28.99%
Average Allocation of Peers
Australian Equities
5.10%
International Equities
8.52%
Cash
22.87%
Property
1.83%
Fixed Interest
34.95%
Alternatives
26.73%

General Information

Fund Details
Type Description
Lifeplan NextGen - MLC Horizon 7 Accelerated Growth
Closed
Lifeplan Australia Friendly Society Ltd
LIF0076AU
Miscellaneous
starstarstarstar (as at 31 Mar 2012)
Investment Fund
24 Jul 2008
$0.08 million (as at 31 Mar 2012)
$1.03973 (as at 5 Apr 2012)
$1.03973 (as at 5 Apr 2012)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 2.25% (as at 30 Jun 2011)
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Aug 2024)

Holding (as at 31 Aug 2024) Type % of Portfolio
Multimix Wholesale International Shares Trust Mutual Fund - Open End 67.83%
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FAQs about the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth

The objective of the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund is Aims to outperform the Benchmark, after fees, over 7 year periods.

The strategy of the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund is The portfolio invests in growth assets and may have minimal exposure to defensive assets through its alternative investments. 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 potential risks and opportunities in investment markets. The portfolio is broadly diversified across growth asset classes and investment managers from around the world. The portfolio uses gearing.

The APIR code of the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund is LIF0076AU.

Lifeplan NextGen - MLC Horizon 7 Accelerated Growth’s total return last month was 4.44%. This was made up of a growth return of 4.44% and an income return of 0%. These returns were calculated as at 31 Mar 2012.

Lifeplan NextGen - MLC Horizon 7 Accelerated Growth’s total return for the last three months was 9.58%. This was made up of a growth return of 9.58% and an income return of 0%%. These returns were calculated as at 31 Mar 2012.

Lifeplan NextGen - MLC Horizon 7 Accelerated Growth’s one-year total return is 1.11%. This was made up of a growth return of 1.11% and an income return of 0%. These returns were calculated as at 31 Mar 2012.

Lifeplan NextGen - MLC Horizon 7 Accelerated Growth’s one-year total return is 13.38%. This was made up of a growth return of 13.38% and an income return of 0%. These returns were calculated as at 31 Mar 2012.

The asset allocation of the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund is :

Australian Equities
42.33%
International Equities
80.42%
Cash
1.26%
Property
2.11%
Fixed Interest
2.87%
Alternatives
-28.99%

The Responsible Entity for the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund is Lifeplan Australia Friendly Society Ltd.

The Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund belongs to the Miscellaneous sector/asset class.

As at 31 Mar 2012, the size of the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund was $0.08 million.

The Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund has an inception date of 24 Jul 2008.

The current entry price of the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund is $1.03973 per unit and the current exit price is $1.03973 per unit (as at 5 Apr 2012).

The current exit price of the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund is $1.03973 per unit and the current entry price is $1.03973 per unit (as at 5 Apr 2012).

The minimum initial investment amount for the Lifeplan NextGen - MLC Horizon 7 Accelerated Growth managed fund is $1,000. Minimum additional investment is $0.

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.