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  5. Generation Vanguard Growth Portfolio - Managed fund profile

Generation Vanguard Growth Portfolio - Managed Fund

Fund Objective
To match (before tax and fees) an investment benchmark, which is weighted combination of relevant market indices used by the MIT selected as appointed manager, by investing in a Diversified Conservative Fund holding a diversified range of index linked sector specfic funds.
Fund Strategy
The Fund seeks to track the weighted average return of the various indices of the underlying funds in which it invests, in proportion to the Strategic Asset Allocation, before taking into account fees, expenses and tax. The Fund provides low-cost access to a range of sector funds, offering broad diversification across multiple asset classes. It is biased towards growth assets, and is designed for investors seeking long-term capital growth. The Fund targets a 30% allocation to income asset classes and a 70% allocation to growth asset classes.

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 1.93% 4.8% 10.16% 10.87% 4.49% 4.23% 5.12% -%
Growth return 1.93% 4.8% 10.16% 10.87% 4.49% 4.23% 5.12% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.91% 7.77% 15.61% 18.4% 8.2% 8.89% 9.42% 9.28%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Vanguard Growth Portfolio
Australian Equities
26.24%
International Equities
41.88%
Cash
0.43%
Property
2.67%
Fixed Interest
28.78%
Alternatives
0%
Average Allocation of Peers
Australian Equities
33.36%
International Equities
47.16%
Cash
5.59%
Property
5.45%
Fixed Interest
5.18%
Alternatives
3.27%

General Information

Fund Details
Type Description
Generation Vanguard Growth Portfolio
Austock Life Limited
ALL0035AU
Multisector Aggressive
starstar (as at 31 Mar 2024)
Investment Fund
22 Jul 2016
$406.42 million (as at 28 Mar 2024)
$1.4569 (as at 9 Apr 2024)
$1.4543 (as at 9 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.69% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00
Minimum additional investments $1,000.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Vanguard Australian Shares Index Mutual Fund - Open End 28.13%
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FAQs about the Generation Vanguard Growth Portfolio

The objective of the Generation Vanguard Growth Portfolio managed fund is To match (before tax and fees) an investment benchmark, which is weighted combination of relevant market indices used by the MIT selected as appointed manager, by investing in a Diversified Conservative Fund holding a diversified range of index linked sector specfic funds.

The strategy of the Generation Vanguard Growth Portfolio managed fund is The Fund seeks to track the weighted average return of the various indices of the underlying funds in which it invests, in proportion to the Strategic Asset Allocation, before taking into account fees, expenses and tax. The Fund provides low-cost access to a range of sector funds, offering broad diversification across multiple asset classes. It is biased towards growth assets, and is designed for investors seeking long-term capital growth. The Fund targets a 30% allocation to income asset classes and a 70% allocation to growth asset classes.

The APIR code of the Generation Vanguard Growth Portfolio managed fund is ALL0035AU.

Generation Vanguard Growth Portfolio’s total return last month was 1.93%. This was made up of a growth return of 1.93% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Generation Vanguard Growth Portfolio’s total return for the last three months was 4.8%. This was made up of a growth return of 4.8% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Generation Vanguard Growth Portfolio’s one-year total return is 10.87%. This was made up of a growth return of 10.87% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Generation Vanguard Growth Portfolio’s one-year total return is 4.23%. This was made up of a growth return of 4.23% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Generation Vanguard Growth Portfolio managed fund is :

Australian Equities
26.24%
International Equities
41.88%
Cash
0.43%
Property
2.67%
Fixed Interest
28.78%
Alternatives
0%

The Responsible Entity for the Generation Vanguard Growth Portfolio managed fund is Austock Life Limited.

The Generation Vanguard Growth Portfolio managed fund belongs to the Multisector Aggressive sector/asset class.

As at 28 Mar 2024, the size of the Generation Vanguard Growth Portfolio managed fund was $406.42 million.

The Generation Vanguard Growth Portfolio managed fund has an inception date of 22 Jul 2016.

The current entry price of the Generation Vanguard Growth Portfolio managed fund is $1.4569 per unit and the current exit price is $1.4543 per unit (as at 9 Apr 2024).

The current exit price of the Generation Vanguard Growth Portfolio managed fund is $1.4543 per unit and the current entry price is $1.4569 per unit (as at 9 Apr 2024).

The minimum initial investment amount for the Generation Vanguard Growth Portfolio managed fund is $500. Minimum additional investment is $1000.

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.