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  5. OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE - Managed fund profile

OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE - Managed Fund (Closed)

Fund Objective
To closely track the S&P/ASX 300 Accumulation Index with the aim of generating returns (before taxes and fees and assuming income is reinvested) comparable to the Australian sharemarket as measured by that benchmark over rolling one-year periods.
Fund Strategy
Detailed risk analysis is used to design a portfolio of shares which provides the greatest likelihood of matching the performance of the S&P/ASX 300 Accumulation Index. All shares in this option are maintained within a very close margin to their weight in the Index. The option predominantly invests in Australian companies and therefore does not hedge currency risk.

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 -4.36% -2.46% -2.04% -4.13% -9.17% 5.35% 4.93% 8.06%
Growth return -4.36% -2.46% -2.04% -4.13% -9.17% 5.35% 4.93% 8.06%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE
Australian Equities
98.54%
Cash
1.46%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.52%
Cash
0.83%
International Equities
4.01%
Property
3.24%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE
Closed
OnePath Custodians Pty Limited
MMF1396AU
Equity Australia Large Growth
starstar (as at 31 May 2023)
Allocated Pension
23 Nov 2009
$16.37 million (as at 31 May 2023)
$2.64652 (as at 8 Jun 2023)
$2.63335 (as at 8 Jun 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 2.20% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $2,000.00
Minimum additional investments
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
CSL Ltd Equity 12.35%
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FAQs about the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE

The objective of the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund is To closely track the S&P/ASX 300 Accumulation Index with the aim of generating returns (before taxes and fees and assuming income is reinvested) comparable to the Australian sharemarket as measured by that benchmark over rolling one-year periods.

The strategy of the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund is Detailed risk analysis is used to design a portfolio of shares which provides the greatest likelihood of matching the performance of the S&P/ASX 300 Accumulation Index. All shares in this option are maintained within a very close margin to their weight in the Index. The option predominantly invests in Australian companies and therefore does not hedge currency risk.

The APIR code of the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund is MMF1396AU.

OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE’s total return last month was -4.36%. This was made up of a growth return of -4.36% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE’s total return for the last three months was -2.46%. This was made up of a growth return of -2.46% and an income return of 0%%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE’s one-year total return is -4.13%. This was made up of a growth return of -4.13% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE’s one-year total return is 5.35%. This was made up of a growth return of 5.35% and an income return of 0%. These returns were calculated as at 31 May 2023.

The asset allocation of the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund is :

Australian Equities
98.54%
Cash
1.46%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund is OnePath Custodians Pty Limited.

The OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 31 May 2023, the size of the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund was $16.37 million.

The OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund has an inception date of 23 Nov 2009.

The current entry price of the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund is $2.64652 per unit and the current exit price is $2.63335 per unit (as at 8 Jun 2023).

The current exit price of the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund is $2.63335 per unit and the current entry price is $2.64652 per unit (as at 8 Jun 2023).

The minimum initial investment amount for the OnePath OneAnswer - Allocated Pension - Bennelong Australian Equities NE managed fund is $2,000. Minimum additional investment is $0.

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.