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  5. Generation Life MLC Active Conservative Portfolio - Managed fund profile

Generation Life MLC Active Conservative Portfolio - Managed Fund

Fund Objective
Aims to outperform the Benchmark, after fees, over 3 year periods.
Fund Strategy
The portfolio has a strong bias to defensive assets and some exposure to growth assets. You'll always know where your money is invested because the allocations to these assets are actively managed within defined ranges, in accordance with our changing view of potential risks and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

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 0.73% 1.84% 2.14% 4.39% 5.13% 4.56% 2.9% -%
Growth return 0.73% 1.84% 2.14% 4.39% 5.13% 4.56% 2.9% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.06% 2.87% 4.38% 7.21% 7.92% 6.66% 3.89% 4.5%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Life MLC Active Conservative Portfolio
Australian Equities
7.28%
International Equities
13.45%
Cash
11.42%
Property & Infrastructure
5.32%
Fixed Interest
52.69%
Alternatives
9.84%
Average Allocation of Peers
Australian Equities
10.93%
International Equities
14.98%
Cash
14.98%
Property & Infrastructure
3.69%
Fixed Interest
49.82%
Alternatives
5.59%

General Information

Fund Details
Type Description
Generation Life MLC Active Conservative Portfolio
Austock Life Limited
ALL6780AU
Multisector Moderate
starstarstarstar (as at 31 Aug 2025)
Investment Fund
21 Nov 2018
$9.6 million (as at 29 Aug 2025)
$1.1801 (as at 17 Sep 2025)
$1.1777 (as at 17 Sep 2025)
Open
Offer information
Type Description
MER 1.33% (as at 20 May 2025)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00
Minimum additional investments $500.00

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025) Type % of Portfolio
Multimix Wholesale Diversifiedfixed Interest Trust Equity 31.90%
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FAQs about the Generation Life MLC Active Conservative Portfolio

The objective of the Generation Life MLC Active Conservative Portfolio managed fund is Aims to outperform the Benchmark, after fees, over 3 year periods.

The strategy of the Generation Life MLC Active Conservative Portfolio managed fund is The portfolio has a strong bias to defensive assets and some exposure to growth assets. You'll always know where your money is invested because the allocations to these assets are actively managed within defined ranges, in accordance with our changing view of potential risks and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The APIR code of the Generation Life MLC Active Conservative Portfolio managed fund is ALL6780AU.

Generation Life MLC Active Conservative Portfolio’s total return last month was 0.73%. This was made up of a growth return of 0.73% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Generation Life MLC Active Conservative Portfolio’s total return for the last three months was 1.84%. This was made up of a growth return of 1.84% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

Generation Life MLC Active Conservative Portfolio’s one-year total return is 4.39%. This was made up of a growth return of 4.39% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Generation Life MLC Active Conservative Portfolio’s one-year total return is 4.56%. This was made up of a growth return of 4.56% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Generation Life MLC Active Conservative Portfolio managed fund is :

Australian Equities
7.28%
International Equities
13.45%
Cash
11.42%
Property & Infrastructure
5.32%
Fixed Interest
52.69%
Alternatives
9.84%

The Responsible Entity for the Generation Life MLC Active Conservative Portfolio managed fund is Austock Life Limited.

The Generation Life MLC Active Conservative Portfolio managed fund belongs to the Multisector Moderate sector/asset class.

As at 29 Aug 2025, the size of the Generation Life MLC Active Conservative Portfolio managed fund was $9.6 million.

The Generation Life MLC Active Conservative Portfolio managed fund has an inception date of 21 Nov 2018.

The current entry price of the Generation Life MLC Active Conservative Portfolio managed fund is $1.1801 per unit and the current exit price is $1.1777 per unit (as at 17 Sep 2025).

The current exit price of the Generation Life MLC Active Conservative Portfolio managed fund is $1.1777 per unit and the current entry price is $1.1801 per unit (as at 17 Sep 2025).

The minimum initial investment amount for the Generation Life MLC Active Conservative Portfolio managed fund is $500. Minimum additional investment is $500.

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.