InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. OA Money For Life Index Moderate - Managed fund profile

OA Money For Life Index Moderate - Managed Fund

Fund Strategy
The fund aims to provide moderate levels of capital growth over the medium term, by investing in a balance of growth and defensive assets.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.3% 4.09% 4.38% 14.78% 11.79% 4.35% 5.22% 5.72%
Growth return 1.3% 4.09% 4.38% 14.78% 11.79% 4.35% 5.22% 5.72%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
As at 30 Sep 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OA Money For Life Index Moderate
Australian Equities
25.10%
International Equities
25.20%
Cash
24.90%
Fixed Interest
24.80%
Property
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
15.93%
International Equities
27.55%
Cash
10.33%
Fixed Interest
35.42%
Property
3.95%
Alternatives
6.82%

General Information

Fund Details
Type Description
OA Money For Life Index Moderate
OnePath Custodians Pty Limited
MMF1656AU
Multisector Balanced
starstarstar (as at 30 Sep 2024)
Allocated Pension
15 Nov 2010
$3.1 million (as at 30 Sep 2024)
$2.3802 (as at 31 Oct 2024)
$2.37925 (as at 31 Oct 2024)
Open
Offer information
Type Description
MER 0.81% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 0.81% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the OA Money For Life Index Moderate

The objective of the OA Money For Life Index Moderate managed fund is

The strategy of the OA Money For Life Index Moderate managed fund is The fund aims to provide moderate levels of capital growth over the medium term, by investing in a balance of growth and defensive assets.

The APIR code of the OA Money For Life Index Moderate managed fund is MMF1656AU.

OA Money For Life Index Moderate’s total return last month was 1.3%. This was made up of a growth return of 1.3% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

OA Money For Life Index Moderate’s total return for the last three months was 4.09%. This was made up of a growth return of 4.09% and an income return of 0%%. These returns were calculated as at 30 Sep 2024.

OA Money For Life Index Moderate’s one-year total return is 14.78%. This was made up of a growth return of 14.78% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

OA Money For Life Index Moderate’s one-year total return is 4.35%. This was made up of a growth return of 4.35% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

The asset allocation of the OA Money For Life Index Moderate managed fund is :

Australian Equities
25.10%
International Equities
25.20%
Cash
24.90%
Fixed Interest
24.80%
Property
0%
Alternatives
0%

The Responsible Entity for the OA Money For Life Index Moderate managed fund is OnePath Custodians Pty Limited.

The OA Money For Life Index Moderate managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Sep 2024, the size of the OA Money For Life Index Moderate managed fund was $3.1 million.

The OA Money For Life Index Moderate managed fund has an inception date of 15 Nov 2010.

The current entry price of the OA Money For Life Index Moderate managed fund is $2.3802 per unit and the current exit price is $2.37925 per unit (as at 31 Oct 2024).

The current exit price of the OA Money For Life Index Moderate managed fund is $2.37925 per unit and the current entry price is $2.3802 per unit (as at 31 Oct 2024).

The minimum initial investment amount for the OA Money For Life Index Moderate managed fund is $0. 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.