OptiMix Australian Shares

 

Features

Information

APIR codeMMF1658AU
Minimum suggested Investment time frame5+ years
Growth/defensiveGrowth 100%
BenchmarkS&P ASX 300
FE fundinfo sectorEquity - Australia
Income distribution frequencyQuarterly
Total fees and costs as at 9 February 20221.15% pa
Fund size$2.55m
Inception date15 November 2010
Establishment Fee (pa)8.00%

Investment minimums

Please refer to PDS 

Pricing

Price date30/09/2022
Entry$2.2626
Exit$2.2644

Standard risk measure

1 2 3 4 5 6 7
Standard Risk Measure

A Standard Risk Measure score of 5 equates to a Risk Label of 'Medium to High' and an estimated number of negative annual returns over any 20 year period of 3 to less than 4. This is a measure of expected frequency (not magnitude) of capital losses, calculated in accordance with ASFA/FSC guidelines.

Investment objective

The fund aims to achieve returns (before fees, charges and taxes)
that exceed the S&P/ASX 300 Accumulation Index, over periods of five years or more.

Investment strategy

The fund invests predominantly in a diversified portfolio of Australian shares through a mix of managers. The fund is actively managed in accordance with the OptiMix Multi-manager investment process.

Investor profile

The Fund is intended to be suitable for investors seeking a diversified portfolio of Australian shares.

Research house ratings

Rating

LonsecRecommended

Meet the manager(s)

NameIOOF Investment Team
BiographyOur impressive investment capabilities are driven by our investment team and structure. Each asset class has a dedicated portfolio manager who enjoys strong support from a host of support staff including analysts and investment specialists. Furthermore, the team benefits from the strong support of our additional research capabilities, namely through our asset consultant.
PhotoIOOF Investment Team

Cumulative performance

ResetPerformance line chart
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3 months6 monthsYear to date1 year3 years pa5 years pa
Fund1.24%-9.50%-7.25%-5.10%2.84%6.33%
FE Sector0.92%-9.67%-8.16%-6.01%4.28%7.00%

Calendar Performance

Performance Bar chart
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31/12/202131/12/202031/12/201931/12/201831/12/2017
Fund16.93%-0.43%24.61%-6.58%12.94%
FE Sector18.71%2.59%22.72%-5.29%11.68%

Performance is net of management costs and expenses. Performance is based on exit price to exit price for the period and assumes that all distributions are reinvested. Management costs and other expenses are accounted for in the exit price. Past performance is not a reliable indicator of future performance.


The performance data has been sourced by FE fundinfo.


Asset allocation as at 30/09/2022

Breakdown pie chart
Australian shares100.00%

Actual versus target asset allocation as at 30/09/2022

Sector allocation as at 30/09/2022

NameWeight
Financials25.78%
Materials20.20%
Property Trusts12.55%
Health Care10.30%
Consumer Disc7.81%
Consumer Staples5.15%
Industrials4.73%
Information Technology4.18%
Energy4.08%
Other5.22%

Manager diversification within each asset class as at 30/09/2022

Breakdown pie chart

Top holdings - as at 30/09/2022

Name
Weight
Bhp Group Ltd
6.94%
Csl Limited
4.25%
Commonwealth Bank Of Australia
3.93%
National Australia Bank Limited
3.43%
Transurban Group Ltd.
2.51%
Macquarie Group, Ltd.
1.98%
Woodside Energy Group Ltd
1.87%
Westpac Banking Corporation
1.68%
Woolworths Group Ltd
1.34%
Telstra Corporation Limited
1.33%

Market and portfolio review

During the June quarter, the Fund outperformed the benchmark. The best performing portfolio was the AB concentrated value strategy (+7%); followed by fundamental quality managers; Quest and Northcape; QuantPlus and the multi-factor strategy
managed by Northern Trust. The only detractor was the small cap portfolio managed by Acadian.

Future investment strategy

For the 1 year ending June 2022, the portfolio significantly outperformed the index. One of the key drivers included the concentrated value strategy managed by AB which outperformed by almost +16%. This was followed by strong performances from fundamental quality managers; Quest and Northcape. Key detractors included small caps manager, Acadian and the multifactor strategy managed by Northern Trust..

This website contains general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial adviser. You should obtain and consider a copy of the relevant Product Disclosure Statement (PDS) or offer document available from us or your financial adviser, before you acquire a financial product.

OneAnswer Frontier Pension is issued by OnePath Custodians Pty Limited (OnePath Custodians) ABN 12 008 508 496 AFSL 238346.

The information provided in this table is a brief outline of the major features of OneAnswer Frontier Pension. It is intended as a quick and easy reference source for investors. The table should not be used as a substitute for reading the appropriate Product Disclosure Statement (PDS) prior to you making any decision to invest through OneAnswer Frontier Pension.

This information is of a general nature and has been prepared without taking into account of your objectives, financial situation or needs. You should consider whether the information is appropriate for you having regard to your objectives, financial situation and needs. We recommend that you read the relevant Product Disclosure Statement (PDS) available here, or by calling 133 665 before deciding whether to acquire, or to continue to hold, the product.

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