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  5. MINE High Growth Pension - Managed fund profile

MINE High Growth Pension - Managed Fund

Fund Objective
Achieve a return exceeding the increase in the Consumer Price Index (CPI) by at least 4% 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 a small allocation to defensive assets such as fixed income and enhanced cash.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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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 0.55% 2% 8.39% 24.51% 14.68% 7.56% 9.69% 9.26%
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 High Growth Pension
Multisector Aggressive
starstarstarstar (as at 31 Oct 2024)
Allocated Pension
1 Jul 2006
$73.37 million (as at 31 Oct 2024)
n/a
n/a
Open
Offer information
Type Description
MER 0.61% (as at 1 Jul 2024)
Minimum initial investment $15,000

FAQs about the MINE High Growth Pension

The objective of the MINE High Growth Pension managed fund is Achieve a return exceeding the increase in the Consumer Price Index (CPI) by at least 4% pa, after tax and investment costs, over any 10 year period.

The strategy of the MINE High Growth Pension managed fund is Invests primarily in shares, that aim to maximise returns by taking greater risk, with a small allocation to defensive assets such as fixed income and enhanced cash.

The APIR code of the MINE High Growth Pension managed fund is .

MINE High Growth Pension’s total return last month was 0.55%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

MINE High Growth Pension’s total return for the last three months was 2%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Oct 2024.

MINE High Growth Pension’s one-year total return is 24.51%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

MINE High Growth Pension’s one-year total return is 7.56%. 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 High Growth Pension managed fund is :

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

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

As at 31 Oct 2024, the size of the MINE High Growth Pension managed fund was $73.37 million.

The MINE High Growth Pension managed fund has an inception date of 1 Jul 2006.

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

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

The minimum initial investment amount for the MINE High Growth Pension managed fund is $15,000.

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.