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  5. OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE - Managed fund profile

OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a higher level of tax effective income than its benchmark, with the potential for capital growth over the medium to long-term.
Fund Strategy
The Fund's investment universe is primarily securities listed on the ASX, or those we expect to list within the next six months. The Fund can also invest in cash. The range of securities the Fund can invest in is broad, for example, the Fund can invest in listed equity securities, derivatives or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares.

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 0.48% 2.21% 2.76% 9.11% 10.85% 11.8% 6.08% 5.98%
Growth return 0.48% 2.21% 2.76% 9.11% 10.85% 11.8% 6.08% 5.98%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE
Australian Equities
93.73%
Cash
6.27%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
Cash
-0.08%
International Equities
4.21%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE
Closed
OnePath Custodians Pty Limited
MMF1108AU
Australia Equity Income
starstarstar (as at 31 Jan 2017)
Allocated Pension
8 Oct 2007
$0.09 million (as at 31 Oct 2024)
$1.8631 (as at 7 Jun 2023)
$1.85568 (as at 7 Jun 2023)
Finalised
Offer information
Type Description
MER 1.46% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 2.30% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $1,000.00
Minimum additional investments $100.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Jul 2023)

Holding (as at 31 Jul 2023) Type % of Portfolio
Insurance Australia Group Ltd Equity 5.60%
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FAQs about the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE

The objective of the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund is The Fund aims to provide a higher level of tax effective income than its benchmark, with the potential for capital growth over the medium to long-term.

The strategy of the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund is The Fund's investment universe is primarily securities listed on the ASX, or those we expect to list within the next six months. The Fund can also invest in cash. The range of securities the Fund can invest in is broad, for example, the Fund can invest in listed equity securities, derivatives or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares.

The APIR code of the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund is MMF1108AU.

OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE’s total return last month was 0.48%. This was made up of a growth return of 0.48% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE’s total return for the last three months was 2.21%. This was made up of a growth return of 2.21% and an income return of 0%%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE’s one-year total return is 9.11%. This was made up of a growth return of 9.11% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE’s one-year total return is 11.8%. This was made up of a growth return of 11.8% and an income return of 0%. These returns were calculated as at 31 May 2023.

The asset allocation of the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund is :

Australian Equities
93.73%
Cash
6.27%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund is OnePath Custodians Pty Limited.

The OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund belongs to the Australia Equity Income sector/asset class.

As at 31 Oct 2024, the size of the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund was $0.09 million.

The OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund has an inception date of 8 Oct 2007.

The current entry price of the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund is $1.8631 per unit and the current exit price is $1.85568 per unit (as at 7 Jun 2023).

The current exit price of the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund is $1.85568 per unit and the current entry price is $1.8631 per unit (as at 7 Jun 2023).

The minimum initial investment amount for the OnePath OneAnswer - Allocated Pension - Merlon Australian Share NE managed fund is $1,000. Minimum additional investment is $100.

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.