Generation Life MLC Horizon 2 Income - Managed Fund

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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 0.15 0.39 1.67 - - - - -
Growth return 0.15 0.39 1.67 - - - - -
Income return 0 0 0 - - - - -
Market index (Morningstar Aus Msec Moderate TR AUD)
Total return 0.23 2.06 5.28 8.77 7.62 6.1 6.23 6.54
As as 30 Sep 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Life MLC Horizon 2 Income
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
6.70%
Australian Equities
12.28%
International Equities
12.10%
Cash
20.66%
Property
4.31%
Fixed Interest
43.94%

General Information

Fund Details
Type Description
Generation Life MLC Horizon 2 Income
Austock Life Limited
ALL6780AU
Multisector Moderate
Not Rated
Investment Fund
21 Nov 2018
$0.71 million (as at 30 Sep 2019)
$1.0381 (as at 30 Sep 2019)
$1.037 (as at 30 Sep 2019)
Fund Objective
The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 3 year periods. MLC aims to achieve this by actively managing the portfolio. This includes reducing risk in the portfolio if market risk is high. As a result, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets.
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.
Offer information
Type Description
Minimum initial investment $500.00
Minimum additional investments $500.00

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 cannot 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.

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Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Underperforming
81%^

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%