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  5. Macquarie Life Wholesale - Growth - Managed fund profile

Macquarie Life Wholesale - Growth - Managed Fund (Closed)

Fund Objective
The objective of this option is to provide investors with broad asset class exposure by focusing on equity investments with limited exposure to cash and fixed interest assets. The option aims to return a level of capital growth and some income.
Fund Strategy
Investments can be made both directly in the market and through underlying managed funds that have exposure to a certain asset class. The investment management team for each asset class is responsible for identifying and pursuing investment opportunities within set limits, with the aim of ensuring the investment in the fund gets maximum exposure to the right assets at the right time.

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 0.08% -0.14% 4.96% 14.32% 8.97% 10.95% 10.02% 10.26%
Growth return 0.04% 1.89% 7.34% 11.46% 10.41% 11.12% 10.81% 11.38%
Income return 0.04% -2.03% -2.38% 2.86% -1.44% -0.17% -0.79% -1.12%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.21% 6.59% 8.29% 14.58% 15.23% 13.97% 11.61% 9.87%
As at 31 Oct 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Life Wholesale - Growth
Australian Equities
44.42%
International Equities
30.81%
Cash
6.02%
Property & Infrastructure
5.06%
Fixed Interest
12.08%
Alternatives
1.63%
Average Allocation of Peers
Australian Equities
34.25%
International Equities
49.72%
Cash
2.42%
Property & Infrastructure
4.65%
Fixed Interest
5.34%
Alternatives
3.61%

General Information

Fund Details
Type Description
Macquarie Life Wholesale - Growth (Wholesale)
Closed
Macquarie Life Limited
MAQ0084AU
Multisector Aggressive
starstarstarstarstar (as at 31 Oct 2019)
Superannuation Fund
1 Feb 1998
$0 million (as at 30 Nov 2019)
$5.7917 (as at 30 Nov 2019)
$5.7639 (as at 30 Nov 2019)
Finalised
Offer information
Type Description
MER 0.60% (as at 30 Jun 2004)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2011)
Minimum initial investment $500,000

FAQs about the Macquarie Life Wholesale - Growth

The objective of the Macquarie Life Wholesale - Growth managed fund is The objective of this option is to provide investors with broad asset class exposure by focusing on equity investments with limited exposure to cash and fixed interest assets. The option aims to return a level of capital growth and some income.

The strategy of the Macquarie Life Wholesale - Growth managed fund is Investments can be made both directly in the market and through underlying managed funds that have exposure to a certain asset class. The investment management team for each asset class is responsible for identifying and pursuing investment opportunities within set limits, with the aim of ensuring the investment in the fund gets maximum exposure to the right assets at the right time.

The APIR code of the Macquarie Life Wholesale - Growth managed fund is MAQ0084AU.

Macquarie Life Wholesale - Growth’s total return last month was 0.08%. This was made up of a growth return of 0.04% and an income return of 0.04%. These returns were calculated as at 31 Oct 2019.

Macquarie Life Wholesale - Growth’s total return for the last three months was -0.14%. This was made up of a growth return of 1.89% and an income return of -2.03%%. These returns were calculated as at 31 Oct 2019.

Macquarie Life Wholesale - Growth’s one-year total return is 14.32%. This was made up of a growth return of 11.46% and an income return of 2.86%. These returns were calculated as at 31 Oct 2019.

Macquarie Life Wholesale - Growth’s one-year total return is 10.95%. This was made up of a growth return of 11.12% and an income return of -0.17%. These returns were calculated as at 31 Oct 2019.

The asset allocation of the Macquarie Life Wholesale - Growth managed fund is :

Australian Equities
44.42%
International Equities
30.81%
Cash
6.02%
Property & Infrastructure
5.06%
Fixed Interest
12.08%
Alternatives
1.63%

The Responsible Entity for the Macquarie Life Wholesale - Growth managed fund is Macquarie Life Limited.

The Macquarie Life Wholesale - Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 30 Nov 2019, the size of the Macquarie Life Wholesale - Growth managed fund was $0 million.

The Macquarie Life Wholesale - Growth managed fund has an inception date of 1 Feb 1998.

The current entry price of the Macquarie Life Wholesale - Growth managed fund is $5.7917 per unit and the current exit price is $5.7639 per unit (as at 30 Nov 2019).

The current exit price of the Macquarie Life Wholesale - Growth managed fund is $5.7639 per unit and the current entry price is $5.7917 per unit (as at 30 Nov 2019).

The minimum initial investment amount for the Macquarie Life Wholesale - Growth managed fund is $500,000.

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.