InvestSMART

LEB - BT Active Balanced Open - Managed Fund

Fund Objective
Aims to provide a return (before all fees, costs and taxes) that exceeds the benchmark return of the underlying portfolio over the medium to long term.
Fund Strategy
To invest in Australian and international shares, Australian and international property securities, Australian and international fixed interest, cash and alternative investments. The underlying portfolio may also use derivatives. The underlying portfolio has a higher weighting towards growth assets than defensive assets.

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 -0.39% 0.66% 3.92% 9.74% 6.84% 3.46% 4.31% 4.49%
Growth return 1.48% 2.18% 4.68% 8.6% 6.47% 3.83% 4.28% 4.56%
Income return -1.87% -1.52% -0.76% 1.14% 0.37% -0.37% 0.03% -0.07%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.98% 4.07% 9.17% 18.84% 11.44% 6.08% 6.76% 7.77%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LEB - BT Active Balanced Open
Australian Equities
27.59%
International Equities
32.40%
Cash
4.22%
Property
4.30%
Fixed Interest
16.75%
Alternatives
14.74%
Average Allocation of Peers
Australian Equities
27.55%
International Equities
34.02%
Cash
5.65%
Property
6.81%
Fixed Interest
21.58%
Alternatives
4.40%

General Information

Fund Details
Type Description
LEB - BT Active Balanced Open
Lifeplan Australia Friendly Society Ltd
LIF0150AU
Multisector Growth
starstarstar (as at 30 Sep 2024)
Investment Fund
27 Jul 2012
$10.29 million (as at 31 Oct 2024)
$1.9056 (as at 29 Nov 2024)
$1.9056 (as at 29 Nov 2024)
Open
Offer information
Type Description
MER 1.08% (as at 20 Feb 2024)
Minimum initial investment $1,000.00
Minimum additional investments $500.00

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
BHP Group Ltd Equity 3.24%
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FAQs about the LEB - BT Active Balanced Open

The objective of the LEB - BT Active Balanced Open managed fund is Aims to provide a return (before all fees, costs and taxes) that exceeds the benchmark return of the underlying portfolio over the medium to long term.

The strategy of the LEB - BT Active Balanced Open managed fund is To invest in Australian and international shares, Australian and international property securities, Australian and international fixed interest, cash and alternative investments. The underlying portfolio may also use derivatives. The underlying portfolio has a higher weighting towards growth assets than defensive assets.

The APIR code of the LEB - BT Active Balanced Open managed fund is LIF0150AU.

LEB - BT Active Balanced Open’s total return last month was -0.39%. This was made up of a growth return of 1.48% and an income return of -1.87%. These returns were calculated as at 31 Oct 2024.

LEB - BT Active Balanced Open’s total return for the last three months was 0.66%. This was made up of a growth return of 2.18% and an income return of -1.52%%. These returns were calculated as at 31 Oct 2024.

LEB - BT Active Balanced Open’s one-year total return is 9.74%. This was made up of a growth return of 8.6% and an income return of 1.14%. These returns were calculated as at 31 Oct 2024.

LEB - BT Active Balanced Open’s one-year total return is 3.46%. This was made up of a growth return of 3.83% and an income return of -0.37%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the LEB - BT Active Balanced Open managed fund is :

Australian Equities
27.59%
International Equities
32.40%
Cash
4.22%
Property
4.30%
Fixed Interest
16.75%
Alternatives
14.74%

The Responsible Entity for the LEB - BT Active Balanced Open managed fund is Lifeplan Australia Friendly Society Ltd.

The LEB - BT Active Balanced Open managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Oct 2024, the size of the LEB - BT Active Balanced Open managed fund was $10.29 million.

The LEB - BT Active Balanced Open managed fund has an inception date of 27 Jul 2012.

The current entry price of the LEB - BT Active Balanced Open managed fund is $1.9056 per unit and the current exit price is $1.9056 per unit (as at 29 Nov 2024).

The current exit price of the LEB - BT Active Balanced Open managed fund is $1.9056 per unit and the current entry price is $1.9056 per unit (as at 29 Nov 2024).

The minimum initial investment amount for the LEB - BT Active Balanced Open managed fund is $1,000. 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.