InvestSMART

LIB - Advance Defensive Multi-blend - Managed Fund

Fund Objective
To provide income with a low risk of capital loss over the short-to-medium term with some capital growth over the long-term.
Fund Strategy
The underlying fund invests in a diverse mix of assets with a majority (about 70%) in the defensive assets of cash and fixed income and a modest investment (about 30%) in growth assets such as shares. The underlying fund's exposure to these asset classes will be obtained primarily by investing directly into the investment manager's sector specific funds. The underlying fund may also hold assets directly including derivatives, currency and other unit trusts.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.51% 1.79% 3.45% 4.49% 5.84% 5.1% 2.82% 2.67%
Growth return 0.69% 1.81% 3.83% 5.37% 6.72% 4.99% 2.96% 2.66%
Income return -0.18% -0.02% -0.38% -0.88% -0.88% 0.11% -0.14% 0.01%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.85% 2.4% 5.58% 8.64% 10.65% 7.52% 4.17% 4.51%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
5.90%
Australian Equities
10.83%
International Equities
15.06%
Cash
14.05%
Property & Infrastructure
3.67%
Fixed Interest
50.49%

General Information

Fund Details
Type Description
LIB - Advance Defensive Multi-blend
Lifeplan Australia Friendly Society Ltd
LIF0097AU
Multisector Moderate
starstarstarstar (as at 30 Jun 2025)
Investment Fund
1 May 2012
$4.87 million (as at 30 Sep 2025)
$1.4489 (as at 7 Nov 2025)
$1.4489 (as at 7 Nov 2025)
Open
Offer information
Type Description
MER 1.97% (as at 20 Feb 2024)
Minimum initial investment $1,000.00
Minimum additional investments $100.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the LIB - Advance Defensive Multi-blend

The objective of the LIB - Advance Defensive Multi-blend managed fund is To provide income with a low risk of capital loss over the short-to-medium term with some capital growth over the long-term.

The strategy of the LIB - Advance Defensive Multi-blend managed fund is The underlying fund invests in a diverse mix of assets with a majority (about 70%) in the defensive assets of cash and fixed income and a modest investment (about 30%) in growth assets such as shares. The underlying fund's exposure to these asset classes will be obtained primarily by investing directly into the investment manager's sector specific funds. The underlying fund may also hold assets directly including derivatives, currency and other unit trusts.

The APIR code of the LIB - Advance Defensive Multi-blend managed fund is LIF0097AU.

LIB - Advance Defensive Multi-blend’s total return last month was 0.51%. This was made up of a growth return of 0.69% and an income return of -0.18%. These returns were calculated as at 30 Sep 2025.

LIB - Advance Defensive Multi-blend’s total return for the last three months was 1.79%. This was made up of a growth return of 1.81% and an income return of -0.02%%. These returns were calculated as at 30 Sep 2025.

LIB - Advance Defensive Multi-blend’s one-year total return is 4.49%. This was made up of a growth return of 5.37% and an income return of -0.88%. These returns were calculated as at 30 Sep 2025.

LIB - Advance Defensive Multi-blend’s one-year total return is 5.1%. This was made up of a growth return of 4.99% and an income return of 0.11%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the LIB - Advance Defensive Multi-blend managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the LIB - Advance Defensive Multi-blend managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - Advance Defensive Multi-blend managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Sep 2025, the size of the LIB - Advance Defensive Multi-blend managed fund was $4.87 million.

The LIB - Advance Defensive Multi-blend managed fund has an inception date of 1 May 2012.

The current entry price of the LIB - Advance Defensive Multi-blend managed fund is $1.4489 per unit and the current exit price is $1.4489 per unit (as at 7 Nov 2025).

The current exit price of the LIB - Advance Defensive Multi-blend managed fund is $1.4489 per unit and the current entry price is $1.4489 per unit (as at 7 Nov 2025).

The minimum initial investment amount for the LIB - Advance Defensive Multi-blend managed fund is $1,000. Minimum additional investment is $100.

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.