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  5. MINE Growth Super - Managed fund profile

MINE Growth Super - Managed Fund

Fund Objective
Achieve a return exceeding the increase in the Consumer Price Index (CPI) by at least 3.5% pa, after tax and investment costs, over any 10 year period.
Fund Strategy
Invests primarily in shares, that aim to maximise returns by taking greater risk, with some allocation to infrastructure, alternatives, property and defensive assets such as fixed income and enhanced cash. Growth also invests a portion of its portfolio in fixed income. Fixed income is an income asset and reduces some short term risk, but generally provides lower long-term returns.

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 0.36% 1.76% 6.89% 19.32% 14.16% 7.61% 8.68% 7.84%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 0% 2.01% 8.7% 25.16% 14.86% 7.15% 8.74% 9.16%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
3.52%
Australian Equities
34.11%
International Equities
48.68%
Cash
3.24%
Property
4.86%
Fixed Interest
5.58%

General Information

Fund Details
Type Description
MINE Growth Super
Multisector Aggressive
starstarstarstar (as at 31 Oct 2024)
Superannuation Fund
1 Jul 1999
$2213.62 million (as at 31 Oct 2024)
n/a
n/a
Open
Offer information
Type Description
MER 0.74% (as at 1 Jul 2024)

FAQs about the MINE Growth Super

The objective of the MINE Growth Super managed fund is Achieve a return exceeding the increase in the Consumer Price Index (CPI) by at least 3.5% pa, after tax and investment costs, over any 10 year period.

The strategy of the MINE Growth Super managed fund is Invests primarily in shares, that aim to maximise returns by taking greater risk, with some allocation to infrastructure, alternatives, property and defensive assets such as fixed income and enhanced cash. Growth also invests a portion of its portfolio in fixed income. Fixed income is an income asset and reduces some short term risk, but generally provides lower long-term returns.

The APIR code of the MINE Growth Super managed fund is .

MINE Growth Super’s total return last month was 0.36%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

MINE Growth Super’s total return for the last three months was 1.76%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Oct 2024.

MINE Growth Super’s one-year total return is 19.32%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

MINE Growth Super’s one-year total return is 7.61%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MINE Growth Super managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The MINE Growth Super managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 Oct 2024, the size of the MINE Growth Super managed fund was $2213.62 million.

The MINE Growth Super managed fund has an inception date of 1 Jul 1999.

The current entry price of the MINE Growth Super managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the MINE Growth Super managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the MINE Growth Super managed fund is $.

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.