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MyNorth Guardian Max100 - Managed Fund

Fund Objective
To invest in a diversified mix of predominantly growth assets while adjusting the growth/defensive ratio based on estimated short-term volatility. Investments within each asset class will be made on a passive basis through one or a combination of: direct investments in the relevant assets one ormore vehicles (including index funds), or derivatives that provide exposure to the relevant index.
Fund Strategy
To invest in a diversified mix of predominantly growth assets while changing exposure to growth assets and defensive assets based on estimated of short-term volatility. Growth assets such as Australian and international shares are expected to have an average allocation overtime of around 85%, with the balance of the Investment Option's portfolio invested in defensive assets such as cash and fixed interest.

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 3.7% 6.79% 7.19% 17.36% 15.26% 8.97% 5.95% 7.4%
Growth return 3.7% 6.79% 7.19% 17.36% 15.26% 8.97% 5.94% 4.09%
Income return 0% 0% 0% 0% 0% 0% 0.01% 3.31%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 3.15% 5.63% 7.75% 17.92% 14.92% 9.61% 8.76% 9.24%
As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MyNorth Guardian Max100
Australian Equities
49%
International Equities
49%
Cash
1.99%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
34.30%
International Equities
49.82%
Cash
1.99%
Property
4.65%
Fixed Interest
5.48%
Alternatives
3.75%

General Information

Fund Details
Type Description
MyNorth Guardian Max100 (Wholesale)
IPAC Asset Management Limited
IPA0168AU
Multisector Aggressive
starstar (as at 31 Dec 2024)
Investment Fund
29 Jul 2013
$172.7 million (as at 31 Jan 2025)
$1.6491 (as at 5 Feb 2025)
$1.6473 (as at 5 Feb 2025)
Open
Offer information
Type Description
MER 0.61% (as at 30 Sep 2024)
Indirect Cost Ratio (ICR) 0.62% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
Commonwealth Bank of Australia Equity 4.64%
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FAQs about the MyNorth Guardian Max100

The objective of the MyNorth Guardian Max100 managed fund is To invest in a diversified mix of predominantly growth assets while adjusting the growth/defensive ratio based on estimated short-term volatility. Investments within each asset class will be made on a passive basis through one or a combination of: direct investments in the relevant assets one ormore vehicles (including index funds), or derivatives that provide exposure to the relevant index.

The strategy of the MyNorth Guardian Max100 managed fund is To invest in a diversified mix of predominantly growth assets while changing exposure to growth assets and defensive assets based on estimated of short-term volatility. Growth assets such as Australian and international shares are expected to have an average allocation overtime of around 85%, with the balance of the Investment Option's portfolio invested in defensive assets such as cash and fixed interest.

The APIR code of the MyNorth Guardian Max100 managed fund is IPA0168AU.

MyNorth Guardian Max100’s total return last month was 3.7%. This was made up of a growth return of 3.7% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

MyNorth Guardian Max100’s total return for the last three months was 6.79%. This was made up of a growth return of 6.79% and an income return of 0%%. These returns were calculated as at 31 Jan 2025.

MyNorth Guardian Max100’s one-year total return is 17.36%. This was made up of a growth return of 17.36% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

MyNorth Guardian Max100’s one-year total return is 8.97%. This was made up of a growth return of 8.97% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

The asset allocation of the MyNorth Guardian Max100 managed fund is :

Australian Equities
49%
International Equities
49%
Cash
1.99%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the MyNorth Guardian Max100 managed fund is IPAC Asset Management Limited.

The MyNorth Guardian Max100 managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 Jan 2025, the size of the MyNorth Guardian Max100 managed fund was $172.7 million.

The MyNorth Guardian Max100 managed fund has an inception date of 29 Jul 2013.

The current entry price of the MyNorth Guardian Max100 managed fund is $1.6491 per unit and the current exit price is $1.6473 per unit (as at 5 Feb 2025).

The current exit price of the MyNorth Guardian Max100 managed fund is $1.6473 per unit and the current entry price is $1.6491 per unit (as at 5 Feb 2025).

The minimum initial investment amount for the MyNorth Guardian Max100 managed fund is $500,000. Minimum additional investment is $5000.

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.