RL PIB - Managed - Managed Fund

Fund Objective

To provide a return (net of investment tax and investment management costs) over a rolling 5-year period, that exceeds the return from published benchmarks for each asset class and is competitive with comparable funds that have similar risk characteristics and allocation to defensive assets of 65% to 75%.

Fund Strategy

To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.25%	3.57%	4.79%	8.38%	8.52%	7.25%	5.57%	4.35%
Growth return	1.25%	3.57%	4.79%	8.38%	8.52%	7.25%	5.57%	4.35%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return	1.9%	5.39%	7.14%	12.12%	12.75%	11.38%	8.95%	8.08%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

RL PIB - Managed

Australian Equities: 31.80%

International Equities: 32.33%

Cash: 1.69%

Property & Infrastructure: 19.56%

Fixed Interest: 14.61%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 27.27%

International Equities: 35.24%

Cash: 6.11%

Property & Infrastructure: 6.35%

Fixed Interest: 21.01%

Alternatives: 4.02%

General Information

Fund Details

Type	Description
Fund Name	RL PIB - Managed
APIR Code	NML0214AU
Sector/Asset Class	Multisector Growth
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	1 Oct 1982
Fund Size	$6.68 million (as at 31 Jul 2025)
Entry Price	$87.7301 (as at 31 Aug 2025)
Exit Price	$87.6382 (as at 31 Aug 2025)
Fund Status	Open

Offer information

Type	Description
Standard entry fee	3%
MER	2.12% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR)	2.12% (as at 30 Jun 2016)
Minimum initial investment	$1,000.00

FAQs about the RL PIB - Managed

What is the objective of the RL PIB - Managed managed fund?

The objective of the RL PIB - Managed managed fund is To provide a return (net of investment tax and investment management costs) over a rolling 5-year period, that exceeds the return from published benchmarks for each asset class and is competitive with comparable funds that have similar risk characteristics and allocation to defensive assets of 65% to 75%.

What is the strategy for the RL PIB - Managed managed fund?

The strategy of the RL PIB - Managed managed fund is To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest.

What is the APIR code of the RL PIB - Managed managed fund?

The APIR code of the RL PIB - Managed managed fund is NML0214AU.

What was RL PIB - Managed’s total return last month?

RL PIB - Managed’s total return last month was 1.25%. This was made up of a growth return of 1.25% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was RL PIB - Managed’s total return for the last three months?

RL PIB - Managed’s total return for the last three months was 3.57%. This was made up of a growth return of 3.57% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

What is RL PIB - Managed’s one-year total return?

RL PIB - Managed’s one-year total return is 8.38%. This was made up of a growth return of 8.38% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What is RL PIB - Managed’s three-year total return?

RL PIB - Managed’s one-year total return is 7.25%. This was made up of a growth return of 7.25% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the RL PIB - Managed managed fund?

The asset allocation of the RL PIB - Managed managed fund is :

Australian Equities: 31.80%

International Equities: 32.33%

Cash: 1.69%

Property & Infrastructure: 19.56%

Fixed Interest: 14.61%

Alternatives: 0%

What sector/asset class does the RL PIB - Managed managed fund belong to?

The RL PIB - Managed managed fund belongs to the Multisector Growth sector/asset class.

What is the size of the RL PIB - Managed managed fund?

As at 31 Jul 2025, the size of the RL PIB - Managed managed fund was $6.68 million.

What is the inception date of the RL PIB - Managed managed fund?

The RL PIB - Managed managed fund has an inception date of 1 Oct 1982.

What is the current entry price of the RL PIB - Managed managed fund?

The current entry price of the RL PIB - Managed managed fund is $87.7301 per unit and the current exit price is $87.6382 per unit (as at 31 Aug 2025).

What is the current exit price of the RL PIB - Managed managed fund?

The current exit price of the RL PIB - Managed managed fund is $87.6382 per unit and the current entry price is $87.7301 per unit (as at 31 Aug 2025).

What is the minimum investment amount for the RL PIB - Managed managed fund?

The minimum initial investment amount for the RL PIB - Managed managed fund is $1,000.

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.

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