InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. LIB - MLC Horizon 5 Growth - Managed fund profile

LIB - MLC Horizon 5 Growth - Managed Fund

Fund Objective
Aims to provide a return higher than its benchmark (before fees) over 5 year periods.
Fund Strategy
To invest in a diversified portfolio that invests predominately in growth assets.

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 1.08% 3.5% 3.71% 7.41% 8.41% 7.79% 6.73% 5.71%
Growth return 1.08% 3.5% 3.71% 7.41% 8.41% 7.79% 6.73% 5.71%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.21% 6.59% 8.29% 14.58% 15.23% 13.97% 11.61% 9.87%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LIB - MLC Horizon 5 Growth
Australian Equities
26.86%
International Equities
43.56%
Cash
7.36%
Property & Infrastructure
5.19%
Fixed Interest
7.05%
Alternatives
9.98%
Average Allocation of Peers
Australian Equities
34.21%
International Equities
49.75%
Cash
2.42%
Property & Infrastructure
4.65%
Fixed Interest
5.34%
Alternatives
3.63%

General Information

Fund Details
Type Description
LIB - MLC Horizon 5 Growth
Lifeplan Australia Friendly Society Ltd
LIF0128AU
Multisector Aggressive
starstarstar (as at 30 Jun 2025)
Investment Fund
1 May 2012
$32.23 million (as at 31 Jul 2025)
$2.3767 (as at 29 Aug 2025)
$2.3767 (as at 29 Aug 2025)
Open
Offer information
Type Description
MER 1.44% (as at 22 Jul 2025)
Minimum initial investment $1,000.00
Minimum additional investments $100.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025) Type % of Portfolio
MultiMix Wholesale International Shrs Tr Mutual Fund - Open End 38.79%
Login now to view the complete list of holdings.

FAQs about the LIB - MLC Horizon 5 Growth

The objective of the LIB - MLC Horizon 5 Growth managed fund is Aims to provide a return higher than its benchmark (before fees) over 5 year periods.

The strategy of the LIB - MLC Horizon 5 Growth managed fund is To invest in a diversified portfolio that invests predominately in growth assets.

The APIR code of the LIB - MLC Horizon 5 Growth managed fund is LIF0128AU.

LIB - MLC Horizon 5 Growth’s total return last month was 1.08%. This was made up of a growth return of 1.08% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

LIB - MLC Horizon 5 Growth’s total return for the last three months was 3.5%. This was made up of a growth return of 3.5% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

LIB - MLC Horizon 5 Growth’s one-year total return is 7.41%. This was made up of a growth return of 7.41% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

LIB - MLC Horizon 5 Growth’s one-year total return is 7.79%. This was made up of a growth return of 7.79% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the LIB - MLC Horizon 5 Growth managed fund is :

Australian Equities
26.86%
International Equities
43.56%
Cash
7.36%
Property & Infrastructure
5.19%
Fixed Interest
7.05%
Alternatives
9.98%

The Responsible Entity for the LIB - MLC Horizon 5 Growth managed fund is Lifeplan Australia Friendly Society Ltd.

The LIB - MLC Horizon 5 Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 Jul 2025, the size of the LIB - MLC Horizon 5 Growth managed fund was $32.23 million.

The LIB - MLC Horizon 5 Growth managed fund has an inception date of 1 May 2012.

The current entry price of the LIB - MLC Horizon 5 Growth managed fund is $2.3767 per unit and the current exit price is $2.3767 per unit (as at 29 Aug 2025).

The current exit price of the LIB - MLC Horizon 5 Growth managed fund is $2.3767 per unit and the current entry price is $2.3767 per unit (as at 29 Aug 2025).

The minimum initial investment amount for the LIB - MLC Horizon 5 Growth 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.