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  5. OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel - Managed fund profile

OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel - Managed Fund

Fund Objective
The fund aims to produce a portfolio that seeks to outperform the Bloomberg AusBond Bank Bill Index.
Fund Strategy
The fund is a multi-manager solution that seeks to provide returns with low correlation to equity markets by investing in a portfolio is designed to deliver more consistent, and diversified sources of returns than would be achieved if investing with a single-manager.

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 1.13% 1.33% -0.01% 3.03% 1.45% 2.36% 2.57% 1.29%
Growth return 1.06% 1.12% -0.43% -% 0.58% 1.5% 0.81% -0.83%
Income return 0.07% 0.21% 0.42% -% 0.87% 0.86% 1.76% 2.12%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 30 Sep 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel
Cash
28.91%
Alternatives
71.09%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
22.90%
Alternatives
26.27%
Australian Equities
5.48%
International Equities
8.96%
Property
1.84%
Fixed Interest
34.55%

General Information

Fund Details
Type Description
OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel
OnePath Funds Management Limited
MMF1032AU
Alternative - Other
starstarstarstar (as at 31 Dec 2022)
Investment Fund
11 Dec 2006
$0.31 million (as at 31 Oct 2024)
$0.86577 (as at 19 Nov 2024)
$0.86542 (as at 19 Nov 2024)
Open
Offer information
Type Description
Standard entry fee 4%
MER 1.98% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 1.65% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel

The objective of the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund is The fund aims to produce a portfolio that seeks to outperform the Bloomberg AusBond Bank Bill Index.

The strategy of the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund is The fund is a multi-manager solution that seeks to provide returns with low correlation to equity markets by investing in a portfolio is designed to deliver more consistent, and diversified sources of returns than would be achieved if investing with a single-manager.

The APIR code of the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund is MMF1032AU.

OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel’s total return last month was 1.13%. This was made up of a growth return of 1.06% and an income return of 0.07%. These returns were calculated as at 30 Sep 2024.

OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel’s total return for the last three months was 1.33%. This was made up of a growth return of 1.12% and an income return of 0.21%%. These returns were calculated as at 30 Sep 2024.

OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel’s one-year total return is 3.03%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2024.

OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel’s one-year total return is 2.36%. This was made up of a growth return of 1.5% and an income return of 0.86%. These returns were calculated as at 30 Sep 2024.

The asset allocation of the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund is :

Cash
28.91%
Alternatives
71.09%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund is OnePath Funds Management Limited.

The OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Oct 2024, the size of the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund was $0.31 million.

The OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund has an inception date of 11 Dec 2006.

The current entry price of the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund is $0.86577 per unit and the current exit price is $0.86542 per unit (as at 19 Nov 2024).

The current exit price of the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel managed fund is $0.86542 per unit and the current entry price is $0.86577 per unit (as at 19 Nov 2024).

The minimum initial investment amount for the OnePath OneAnswer - Investment Portfolio - Alternatives Growth EF/Sel 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.