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  5. OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF - Managed fund profile

OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF - Managed Fund

Fund Objective
The fund aims to provide a higher level of tax effective income with a lower level of risk than the S&P/ASX200 Accumulation Index, with the potential for capital growth and inflation protection over the medium to long term.
Fund Strategy
Merlon is an active bottom-up manager who believes they can enhance the mix of total return in favour of income and generate capital growth by using fundamental research to identify companies with attractive, sustainable and growing dividends.

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 3.21% 3.81% 7.8% 7.48% 11.33% 9.29% 5.85% 5.15%
Growth return 3.01% 3.05% 6.32% 4.48% 8.28% 6.34% 2.68% 1.27%
Income return 0.2% 0.76% 1.48% 3% 3.05% 2.95% 3.17% 3.88%
Market index (S&P/ASX 200 TR AUD )
Total return 4.19% 6.21% 7.31% 13.53% 12.59% 7.44% 7.52% 8.03%
As at 31 Jul 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF
Australian Equities
92.26%
Cash
7.74%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.85%
Cash
0.44%
International Equities
4.28%
Property
2.99%
Fixed Interest
0.41%
Alternatives
0.03%

General Information

Fund Details
Type Description
OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF
OnePath Funds Management Limited
MMF1081AU
Australia Equity Income
starstarstar (as at 31 Jul 2024)
Investment Fund
8 Oct 2007
$1.1 million (as at 31 Jul 2024)
$0.74783 (as at 23 Aug 2024)
$0.74485 (as at 23 Aug 2024)
Open
Offer information
Type Description
Standard entry fee 4%
MER 1.54% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 1.54% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 May 2024)

Holding (as at 31 May 2024) Type % of Portfolio
Westpac Banking Corp Equity 5.45%
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FAQs about the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF

The objective of the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund is The fund aims to provide a higher level of tax effective income with a lower level of risk than the S&P/ASX200 Accumulation Index, with the potential for capital growth and inflation protection over the medium to long term.

The strategy of the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund is Merlon is an active bottom-up manager who believes they can enhance the mix of total return in favour of income and generate capital growth by using fundamental research to identify companies with attractive, sustainable and growing dividends.

The APIR code of the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund is MMF1081AU.

OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF’s total return last month was 3.21%. This was made up of a growth return of 3.01% and an income return of 0.2%. These returns were calculated as at 31 Jul 2024.

OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF’s total return for the last three months was 3.81%. This was made up of a growth return of 3.05% and an income return of 0.76%%. These returns were calculated as at 31 Jul 2024.

OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF’s one-year total return is 7.48%. This was made up of a growth return of 4.48% and an income return of 3%. These returns were calculated as at 31 Jul 2024.

OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF’s one-year total return is 9.29%. This was made up of a growth return of 6.34% and an income return of 2.95%. These returns were calculated as at 31 Jul 2024.

The asset allocation of the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund is :

Australian Equities
92.26%
Cash
7.74%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund is OnePath Funds Management Limited.

The OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund belongs to the Australia Equity Income sector/asset class.

As at 31 Jul 2024, the size of the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund was $1.1 million.

The OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund has an inception date of 8 Oct 2007.

The current entry price of the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund is $0.74783 per unit and the current exit price is $0.74485 per unit (as at 23 Aug 2024).

The current exit price of the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF managed fund is $0.74485 per unit and the current entry price is $0.74783 per unit (as at 23 Aug 2024).

The minimum initial investment amount for the OnePath OneAnswer - Investment Portfolio - Merlon Australian Share EF 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.