InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. OA - MoneyForLife Index Balanced - Managed fund profile

OA - MoneyForLife Index Balanced - Managed Fund

Fund Strategy
The fund aims to provide medium to long term capital growth, with a bias towards investing 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 2.27% 4.93% 11.29% 12.2% 5% 5.38% 6.29% 6.27%
Growth return 2.27% 4.93% 11.29% 12.2% 5% 5.38% 6.29% 6.27%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 2.01% 4.52% 10.56% 10.77% 4.44% 4.22% 5.24% 6.13%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OA - MoneyForLife Index Balanced
Australian Equities
30%
International Equities
29.90%
Cash
20.10%
Fixed Interest
20%
Property
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.68%
International Equities
26.52%
Cash
9.81%
Fixed Interest
36.44%
Property
4.39%
Alternatives
6.16%

General Information

Fund Details
Type Description
OA - MoneyForLife Index Balanced
OnePath Custodians Pty Limited
MMF1654AU
Multisector Balanced
starstarstarstar (as at 31 Mar 2024)
Allocated Pension
15 Nov 2010
$15.14 million (as at 31 Mar 2024)
$2.44587 (as at 22 Apr 2024)
$2.44489 (as at 22 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.86% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the OA - MoneyForLife Index Balanced

The objective of the OA - MoneyForLife Index Balanced managed fund is

The strategy of the OA - MoneyForLife Index Balanced managed fund is The fund aims to provide medium to long term capital growth, with a bias towards investing in growth assets.

The APIR code of the OA - MoneyForLife Index Balanced managed fund is MMF1654AU.

OA - MoneyForLife Index Balanced’s total return last month was 2.27%. This was made up of a growth return of 2.27% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

OA - MoneyForLife Index Balanced’s total return for the last three months was 4.93%. This was made up of a growth return of 4.93% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

OA - MoneyForLife Index Balanced’s one-year total return is 12.2%. This was made up of a growth return of 12.2% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

OA - MoneyForLife Index Balanced’s one-year total return is 5.38%. This was made up of a growth return of 5.38% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the OA - MoneyForLife Index Balanced managed fund is :

Australian Equities
30%
International Equities
29.90%
Cash
20.10%
Fixed Interest
20%
Property
0%
Alternatives
0%

The Responsible Entity for the OA - MoneyForLife Index Balanced managed fund is OnePath Custodians Pty Limited.

The OA - MoneyForLife Index Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Mar 2024, the size of the OA - MoneyForLife Index Balanced managed fund was $15.14 million.

The OA - MoneyForLife Index Balanced managed fund has an inception date of 15 Nov 2010.

The current entry price of the OA - MoneyForLife Index Balanced managed fund is $2.44587 per unit and the current exit price is $2.44489 per unit (as at 22 Apr 2024).

The current exit price of the OA - MoneyForLife Index Balanced managed fund is $2.44489 per unit and the current entry price is $2.44587 per unit (as at 22 Apr 2024).

The minimum initial investment amount for the OA - MoneyForLife Index Balanced managed fund is $0. 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.