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OnePath OneAnswer - Allocated Pension - Optimix Conservative EF - Managed Fund (Closed)

Fund Objective
The trust aims to achieve returns (before fees, charges and taxes) that on average exceed inflation by at least 3.5% per annum, over periods of three years or more.
Fund Strategy
The Trust invests in a diversified portfolio of Australian and international assets through a mix of managers, with a bias towards defensive assets. The Trust is actively managed in accordance with Optimix Manage the Managers investment process.

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 -0.23% 1.75% 1.33% 2.22% 0.65% 2.86% 2.61% 3.4%
Growth return -0.23% 1.75% 1.33% 2.22% 0.65% 2.86% 2.61% 3.4%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
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 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - Allocated Pension - Optimix Conservative EF
Australian Equities
7.36%
International Equities
13.74%
Cash
9.42%
Property & Infrastructure
4.01%
Fixed Interest
54.71%
Alternatives
10.76%
Average Allocation of Peers
Australian Equities
10.83%
International Equities
15.06%
Cash
14.05%
Property & Infrastructure
3.67%
Fixed Interest
50.49%
Alternatives
5.90%

General Information

Fund Details
Type Description
OnePath OneAnswer - Allocated Pension - Optimix Conservative EF
Closed
OnePath Custodians Pty Limited
MMF0391AU
Multisector Moderate
starstarstar (as at 31 May 2023)
Allocated Pension
1 Jun 2002
$10.28 million (as at 31 May 2023)
$2.4288 (as at 7 Jun 2023)
$2.4264 (as at 7 Jun 2023)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.71% (as at 28 Apr 2023)
Indirect Cost Ratio (ICR) - Estimated 1.66% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0.06
Minimum initial investment $2,000.00
Minimum additional investments
Minimum redemption amount $1,000.00
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FAQs about the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF

The objective of the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund is The trust aims to achieve returns (before fees, charges and taxes) that on average exceed inflation by at least 3.5% per annum, over periods of three years or more.

The strategy of the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund is The Trust invests in a diversified portfolio of Australian and international assets through a mix of managers, with a bias towards defensive assets. The Trust is actively managed in accordance with Optimix Manage the Managers investment process.

The APIR code of the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund is MMF0391AU.

OnePath OneAnswer - Allocated Pension - Optimix Conservative EF’s total return last month was -0.23%. This was made up of a growth return of -0.23% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Optimix Conservative EF’s total return for the last three months was 1.75%. This was made up of a growth return of 1.75% and an income return of 0%%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Optimix Conservative EF’s one-year total return is 2.22%. This was made up of a growth return of 2.22% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - Allocated Pension - Optimix Conservative EF’s one-year total return is 2.86%. This was made up of a growth return of 2.86% and an income return of 0%. These returns were calculated as at 31 May 2023.

The asset allocation of the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund is :

Australian Equities
7.36%
International Equities
13.74%
Cash
9.42%
Property & Infrastructure
4.01%
Fixed Interest
54.71%
Alternatives
10.76%

The Responsible Entity for the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund is OnePath Custodians Pty Limited.

The OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund belongs to the Multisector Moderate sector/asset class.

As at 31 May 2023, the size of the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund was $10.28 million.

The OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund has an inception date of 1 Jun 2002.

The current entry price of the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund is $2.4288 per unit and the current exit price is $2.4264 per unit (as at 7 Jun 2023).

The current exit price of the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF managed fund is $2.4264 per unit and the current entry price is $2.4288 per unit (as at 7 Jun 2023).

The minimum initial investment amount for the OnePath OneAnswer - Allocated Pension - Optimix Conservative EF 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.