OptiMix Australian Shares

 

Features

Information

APIR codeMMF1781AU
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$2.49m
Inception date15 November 2010

Investment minimums

Please refer to PDS 

Pricing

Price date31/03/2022
Entry$2.2423
Exit$2.2446

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
Fund2.07%4.18%2.07%13.61%9.16%7.63%
FE Sector1.36%3.50%1.36%13.57%10.08%8.21%

Calendar Performance

Performance Bar chart
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31/12/202131/12/202031/12/201931/12/201831/12/2017
Fund15.11%-0.18%22.09%-6.14%11.73%
FE Sector16.69%2.21%20.68%-4.91%11.06%

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 31/03/2022

Breakdown pie chart
Australian shares100.00%

Actual versus target asset allocation as at 31/03/2022

Manager diversification within each asset class as at 31/03/2022

Breakdown pie chart

Top holdings - as at 31/03/2022

Name
Weight
CSL Limited
5.34%
BHP Group Ltd
5.28%
Commonwealth Bank of Australia
4.52%
Australia and New Zealand Banking Group Limited
2.97%
COLES GROUP LTD ORD
2.53%
Telstra Corporation Limited
2.26%
Macquarie Group Limited
1.87%
National Australia Bank Limited
1.79%
Westpac Banking Corporation
1.77%
GOODMAN GROUP CF
1.67%

Market and portfolio review

Over the March quarter, the Fund outperformed the benchmark. Key contributors included the multi-factor strategy managed by Northern Trust; fundamental quality/growth manager, Quest, fundamental value manager, AB and QuantPlus. The key detractors were Acadian small caps and Northcape.

Future investment strategy

The Fund transitioned to a new strategy and structure which was implemented during the fourth quarter 2020.

NameOptiMix Australian Shares
PDSPDS
TMDTMD
ChartChart

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

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

The information provided is of a general nature and does not take into account your personal needs and financial circumstances. You should consider the appropriateness of the information, 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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