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  5. Brighter Optimiser Australian Shares Value - Pension - Managed fund profile

Brighter Optimiser Australian Shares Value - Pension - Managed Fund

Fund Objective
To achieve a return in excess of S&P/ASX 200 Accumulation Index by 2.5% pa over rolling 3 year periods.
Fund Strategy
The fund will invest in ordinary shares, preference shares, exchange traded options, warrants, convertible notes and other securities of an equity nature listed on the Australian Stock Exchange. The fund can participate in the underwriting and sub-underwriting of shares or units in which the manager is permitted to a maximum of 10% of the market value of the portfolio and 5% of any one issue. The fund will hold a minimum of 20 stocks.

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 -2.85% 2.7% 11.36% 6.55% 4.09% 7.71% 9.1% -%
Growth return -2.85% 2.7% -% 6.55% 4.09% 7.71% 9.1% -%
Income return 0% 0% -% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Brighter Optimiser Australian Shares Value - Pension
Australian Equities
97.94%
Cash
2.06%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.73%
Cash
-0.80%
International Equities
4.83%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Brighter Optimiser Australian Shares Value - Pension
Suncorp Portfolio Services Limited
RSA1000AU
Equity Australia Large Blend
starstarstar (as at 30 Apr 2024)
Allocated Pension
30 May 2016
$6.29 million (as at 31 Mar 2023)
$1.87822 (as at 30 May 2024)
$1.87822 (as at 30 May 2024)
Finalised
Offer information
Type Description
MER 0.95% (as at 12 Dec 2023)
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the Brighter Optimiser Australian Shares Value - Pension

The objective of the Brighter Optimiser Australian Shares Value - Pension managed fund is To achieve a return in excess of S&P/ASX 200 Accumulation Index by 2.5% pa over rolling 3 year periods.

The strategy of the Brighter Optimiser Australian Shares Value - Pension managed fund is The fund will invest in ordinary shares, preference shares, exchange traded options, warrants, convertible notes and other securities of an equity nature listed on the Australian Stock Exchange. The fund can participate in the underwriting and sub-underwriting of shares or units in which the manager is permitted to a maximum of 10% of the market value of the portfolio and 5% of any one issue. The fund will hold a minimum of 20 stocks.

The APIR code of the Brighter Optimiser Australian Shares Value - Pension managed fund is RSA1000AU.

Brighter Optimiser Australian Shares Value - Pension’s total return last month was -2.85%. This was made up of a growth return of -2.85% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Australian Shares Value - Pension’s total return for the last three months was 2.7%. This was made up of a growth return of 2.7% and an income return of 0%%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Australian Shares Value - Pension’s one-year total return is 6.55%. This was made up of a growth return of 6.55% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Australian Shares Value - Pension’s one-year total return is 7.71%. This was made up of a growth return of 7.71% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the Brighter Optimiser Australian Shares Value - Pension managed fund is :

Australian Equities
97.94%
Cash
2.06%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Brighter Optimiser Australian Shares Value - Pension managed fund is Suncorp Portfolio Services Limited.

The Brighter Optimiser Australian Shares Value - Pension managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Mar 2023, the size of the Brighter Optimiser Australian Shares Value - Pension managed fund was $6.29 million.

The Brighter Optimiser Australian Shares Value - Pension managed fund has an inception date of 30 May 2016.

The current entry price of the Brighter Optimiser Australian Shares Value - Pension managed fund is $1.87822 per unit and the current exit price is $1.87822 per unit (as at 30 May 2024).

The current exit price of the Brighter Optimiser Australian Shares Value - Pension managed fund is $1.87822 per unit and the current entry price is $1.87822 per unit (as at 30 May 2024).

The minimum initial investment amount for the Brighter Optimiser Australian Shares Value - Pension 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.