OnePath Geared Australian Shares Index

 

Features

Information

APIR codeMMF1785AU
Minimum suggested Investment time frame5+ years
Growth/defensiveGrowth 100%
BenchmarkS&P ASX 300
FE fundinfo sectorEquity - Australia Geared
Income distribution frequencyAnnually
Total fees and costs as at 9 February 20221.73% pa
Fund size$10.95m
Inception date15 November 2010

Investment minimums

Please refer to PDS 

Pricing

Price date31/03/2022
Entry$3.2653
Exit$3.2679

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 magnify the S&P/ASX 300 Accumulation Index returns.

Investment strategy

The fund invests capital and borrowings in a diversified portfolio of Australian shares. The share portfolio comprises approximately 300 of the largest companies (shares) listed on the Australian Securities Exchange (ASX). The fund will hold most of the securities in the S&P/ASX 300 Index (Index), allowing for individual security weightings to vary marginally from the Index from time to time.

Investor profile

The Fund is intended to be suitable for investors seeking to achieve returns (before fees, charges and taxes) that magnify the S&P/ASX 300 Accumulation Index returns.

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
Fund3.54%7.15%3.54%27.29%16.79%14.18%
FE Sector2.93%6.37%2.93%28.69%18.52%14.75%

Calendar Performance

Performance Bar chart
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31/12/202131/12/202031/12/201931/12/201831/12/2017
Fund31.66%-1.65%42.30%-7.66%17.74%
FE Sector35.09%-1.95%46.01%-10.46%20.74%

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 shares198.46%
Cash and short-term securities-98.46%

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 - Australian shares as at 31/03/2022

BHP Group Ltd11.35%
Commonwealth Bank of Australia7.82%
CSL Limited5.56%
National Australia Bank Limited4.54%
Westpac Banking Corporation3.68%
Australia and New Zealand Banking Group Limited3.37%
Macquarie Group Limited3.18%
Wesfarmers Limited2.48%
Telstra Corporation Limited2.02%
Woolworths Group Ltd1.96%

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.

NameOnePath Geared Australian Shares Index
PDSPDS
TMDTMD
ChartChart

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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.

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