InvestSMART

ipac life choices Premium Growth - Managed Fund (Closed)

Fund Objective
To provide high growth in your investments over the long-term with less fluctuation in the value than a traditional high growth portfolio. Broad diversification, including exposure to non-traditional investment strategies are used to reduce fluctuations.
Fund Strategy
Investments are assessed taking into account a range of factors, including return potential and their ability to reduce risk through diversification.

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 0.66% -1.24% -2.3% -18.48% -4.05% -3.09% 1.81% -%
Growth return 0.64% -1.26% -38.71% -48.86% -32.4% -25.99% -15.66% -%
Income return 0.02% 0.02% 36.41% 30.38% 28.35% 22.9% 17.47% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 4.51% 0.77% 0.84% 14.94% 12.67% 12.64% 9.02% 10.05%
As at 30 Nov 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ipac life choices Premium Growth
Australian Equities
12.48%
International Equities
65.80%
Cash
-0.64%
Alternatives
22.36%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
34.44%
International Equities
48.30%
Cash
2.29%
Alternatives
4.20%
Property & Infrastructure
4.86%
Fixed Interest
5.90%

General Information

Fund Details
Type Description
ipac life choices Premium Growth (Wholesale)
Closed
IPAC Asset Management Limited
IPA0162AU
Multisector Aggressive
star (as at 30 Nov 2020)
Investment Fund
1 Aug 2012
$11.15 million (as at 30 Nov 2020)
$0.53615 (as at 3 Dec 2020)
$0.53471 (as at 3 Dec 2020)
Finalised
Offer information
Type Description
MER 1.42% (as at 30 Jun 2021)
Indirect Cost Ratio (ICR) 1.42% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount
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FAQs about the ipac life choices Premium Growth

The objective of the ipac life choices Premium Growth managed fund is To provide high growth in your investments over the long-term with less fluctuation in the value than a traditional high growth portfolio. Broad diversification, including exposure to non-traditional investment strategies are used to reduce fluctuations.

The strategy of the ipac life choices Premium Growth managed fund is Investments are assessed taking into account a range of factors, including return potential and their ability to reduce risk through diversification.

The APIR code of the ipac life choices Premium Growth managed fund is IPA0162AU.

ipac life choices Premium Growth’s total return last month was 0.66%. This was made up of a growth return of 0.64% and an income return of 0.02%. These returns were calculated as at 30 Nov 2020.

ipac life choices Premium Growth’s total return for the last three months was -1.24%. This was made up of a growth return of -1.26% and an income return of 0.02%%. These returns were calculated as at 30 Nov 2020.

ipac life choices Premium Growth’s one-year total return is -18.48%. This was made up of a growth return of -48.86% and an income return of 30.38%. These returns were calculated as at 30 Nov 2020.

ipac life choices Premium Growth’s one-year total return is -3.09%. This was made up of a growth return of -25.99% and an income return of 22.9%. These returns were calculated as at 30 Nov 2020.

The asset allocation of the ipac life choices Premium Growth managed fund is :

Australian Equities
12.48%
International Equities
65.80%
Cash
-0.64%
Alternatives
22.36%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the ipac life choices Premium Growth managed fund is IPAC Asset Management Limited.

The ipac life choices Premium Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 30 Nov 2020, the size of the ipac life choices Premium Growth managed fund was $11.15 million.

The ipac life choices Premium Growth managed fund has an inception date of 1 Aug 2012.

The current entry price of the ipac life choices Premium Growth managed fund is $0.53615 per unit and the current exit price is $0.53471 per unit (as at 3 Dec 2020).

The current exit price of the ipac life choices Premium Growth managed fund is $0.53471 per unit and the current entry price is $0.53615 per unit (as at 3 Dec 2020).

The minimum initial investment amount for the ipac life choices Premium Growth managed fund is $500,000. Minimum additional investment is $5000.

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.