LifeBooster 5% rate
Investment option profiles

LifeBooster 5% rate

LifeIncome offers you access to a range of leading Australian and international investment managers. Working with your financial adviser, you can build your own portfolio by investing in single asset investment options or using one of the diversified investment options to suit your desired risk profile.

When reviewing investment option performance, it is important to understand that when your starting income was determined, it was calculated taking into account your chosen LifeBooster rate. This means that instead of your income growing each year in line with full investment returns, future investment returns are discounted by the LifeBooster rate.

Please note: unit price and performance information will be available from July 2022.

LifeBooster 5% investment option profiles

Asset class:

Australian shares

Objective

Aims to achieve returns that exceed the S&P/ASX 300 Accumulation Index after fees and before tax over the medium to long term.

Investment approach

The fund invests mainly in Australian Securities Exchange listed shares but may also invest in global developed market shares and cash. The fund implements a managed volatility equities strategy that aims to reduce volatility by identifying, and investing in, high quality listed equity securities that have reasonable valuations, high quality cash flows and relatively stable share prices. The manager does not always hedge the foreign currency exposures of the fund’s global equity assets to Australian dollars but the manager has the discretion to determine the extent of hedging against any foreign currency exposure.

Derivatives may be used to manage risks (including foreign currency risk), invest cash, manage volatility and gain or reduce investment exposures. Derivatives will not be used for leveraging or gearing purposes.

Investment guidelines

Cash 0-20%
Australian shares 60-100%
Global Shares 0-20%

APIR code

ALL5824AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

2.70

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

75.88

Global Shares

21.42

Other

0.00

Gearing

0.00

Objective

Aims to grow the value of the investment over the long term via a combination of capital growth and income, by investing in a diversified portfolio of primarily Australian shares, providing a total return that exceeds the S&P/ASX 300 Accumulation Index by 4% per annum after investment fees and before tax (measured on a rolling three-year basis).

Investment approach

Investors are offered a portfolio that holds between 20 and 35 of the team’s best high-conviction stock picks. The companies within the fund’s portfolio are primarily selected from, but not limited to, the S&P/ASX 300 Index. The fund may invest in securities expected to be listed on the Australian Stock Exchange. Derivative instruments may be used to replicate underlying positions on a temporary basis.

Investment guidelines

Cash 0–10%
Australian shares 90-100%

APIR code

ALL9486AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.76

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

99.24

Global Shares

0.00

Other

0.00

Gearing

0.00

Objective

Aims to provide investors with the performance of the market, before fees and tax, as measured by the S&P/ASX 300 Total Return Index.

Investment approach

To closely track the risk characteristics of the index, while minimising transaction costs. Will hold all of the securities in the index (most of the time), allowing for individual security weightings to vary marginally from the index from time to time.

Investment guidelines

Australian shares 100%

APIR code

ALL0113AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

100.00

Global Shares

0.00

Other

0.00

Gearing

0.00

Diversified

Objective

The portfolio aims to provide a total return, consisting of capital appreciation and income, by gaining exposure to a diversified portfolio of domestic and global fixed interest securities, equity securities of companies and real estate securities listed on approved developed and emerging markets.

Investment approach

The portfolio will gain its exposure by investing in strategies managed by Dimensional that invest in equity, real estate and fixed interest securities. The portfolio will seek to target approximately 70% exposure to equities and 30% exposure to fixed interest assets.

Investment guidelines

Fixed interest 60-80%
Australian shares 6-16%
International shares 10-26%
Property 0-6%

APIR code

ALL4289AU

Suggested investment length

3 Years

Risk level

3 (Low to Medium)

Asset allocation (% as at 31 Dec 2020)

Cash

0.50

Australian fixed interest

11.90

Global fixed interest

57.20

Australian Property

2.30

Global Property

0.00

Australian Shares

10.90

Global Shares

17.10

Other

0.00

Gearing

0.00

Objective

The portfolio aims to provide a total return, consisting of capital appreciation and income, by gaining exposure to a diversified portfolio of companies and real estate securities listed on approved developed and emerging markets, and domestic and global fixed interest securities.

Investment approach

The portfolio will gain its exposure by investing in strategies managed by Dimensional that invest in equity, real estate and fixed interest securities. The portfolio will seek to target approximately 50% exposure to equities and 50% exposure to fixed interest assets.

Investment guidelines

Fixed interest 40-60%
Australian shares 8-28%
International shares 15-43.5%
Property 0-8.5%

APIR code

ALL5526AU

Suggested investment length

4 Years

Risk level

5 (Medium to High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.65

Australian fixed interest

5.01

Global fixed interest

43.26

Australian Property

1.74

Global Property

2.92

Australian Shares

17.52

Global Shares

28.90

Other

0.00

Gearing

0.00

Objective

The portfolio aims to provide a total return, consisting of capital appreciation and income, by gaining exposure to a diversified portfolio of companies and real estate securities listed on approved developed and emerging markets, and domestic and global fixed interest securities.

Investment approach

The portfolio will gain its exposure by investing in strategies managed by Dimensional that invest in equity, real estate and fixed interest securities. The portfolio will seek to target approximately 70% exposure to equities and 30% exposure to fixed interest assets.

Investment guidelines

Fixed interest 20-40%
Australian shares 15-35%
International shares 25-55%
Property 0-10%

APIR code

ALL1307AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.73

Australian fixed interest

2.60

Global fixed interest

25.63

Australian Property

2.41

Global Property

4.06

Australian Shares

24.25

Global Shares

40.32

Other

0.00

Gearing

0.00

Objective

The portfolio aims to provide a total return, consisting of capital appreciation and income, by gaining exposure to a diversified portfolio of companies and real estate securities listed on approved developed and emerging markets.

Investment approach

The portfolio will gain its exposure by investing in strategies managed by Dimensional that invest in equity and real estate securities.

Investment guidelines

Australian shares 26-46%
International shares – developed 40-60%
International shares – emerging 2-12%
International property securities 2-12%

APIR code

ALL5769AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

1.07

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

3.66

Global Property

6.55

Australian Shares

33.47

Global Shares

55.25

Other

0.00

Gearing

0.00

Objective

To achieve a return of CPI plus 4% to 5% p.a. (before fees and tax) over rolling 3-year periods while minimising the incidence and size of negative returns in doing so. CPI is defined as the Reserve Bank of Australia’s Trimmed Mean, as published by the Australian Bureau of Statistics.

Investment approach

The manager’s approach to inflation plus (or real return) investing is to choose the portfolio that has the highest probability of achieving the required return objective over the investment horizon with the least expected variability around this objective. The fund employs an objective based asset allocation framework in which both asset market risk premium, and consequently the asset allocation of the portfolio are constantly reviewed. The portfolio will reflect those assets that in combination are most closely aligned to the delivery of the objective.

Investment guidelines

Investments are predominantly in traditional assets, with no leverage and strict limits on exposure to liquidity constrained alternatives which enhances the transparency and liquidity of the portfolios.
Assets are classified in three broad types of investments according to the likely returns and the risk:

• Growth assets, typically shares and property securities;
• Diversifying assets, typically higher yielding debt, objective based investments and alternatives; and
• Defensive assets, typically investment grade debt securities, cash and equivalent investments.

Growth assets 0-75%
Diversifying assets 0-75%
Defensive assets 0-100%

APIR code

ALL5032AU

Suggested investment length

3 Years

Risk level

5 (Medium to High)

Asset allocation (% as at 31 Dec 2020)

Cash

19.21

Australian fixed interest

26.95

Global fixed interest

23.42

Australian Property

0.00

Global Property

0.00

Australian Shares

18.23

Global Shares

12.19

Other

0.00

Gearing

0.00

Objective

Seeks to track the return of the various indices of the underlying funds in proportion to the strategic asset allocation for the portfolio before taking into account fees, expenses and tax.

Investment approach

The portfolio provides low-cost access to a range of Vanguard sector funds, offering broad diversification across multiple asset classes. It seeks to replicate the asset allocation of the Vanguard Balanced Index strategy and is equally invested in income and growth assets. It is designed for investors with a medium tolerance for risk. The portfolio targets a 50% allocation to income asset classes and a 50% allocation to growth asset classes.

Investment guidelines

Australian fixed interest 13-17%
International fixed interest 33-37%
Australian shares 18-22%
International shares 22-38%

APIR code

ALL8627AU

Suggested investment length

5 Years

Risk level

4 (Medium)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

15.72

Global fixed interest

34.34

Australian Property

0.00

Global Property

0.00

Australian Shares

19.78

Global Shares

30.16

Other

0.00

Gearing

0.00

Objective

Seeks to track the return of the various indices of the underlying funds in proportion to the strategic asset allocation for the portfolio, before taking into account fees, expenses and tax.

Investment approach

The portfolio provides low-cost access to a range of Vanguard sector funds, offering broad diversification across multiple asset classes. It seeks to replicate the asset allocation of the Vanguard Conservative Index strategy and is biased towards income assets. It is designed for investors with a low tolerance for risk. The fund targets a 70% allocation to income asset classes and a 30% allocation to growth asset classes.

Investment guidelines

Cash 8-12%
Australian fixed interest 16-20%
International fixed interest 40-44%
Australian shares 10-14%
International shares 10-26%

APIR code

ALL9456AU

Suggested investment length

3 Years

Risk level

3 (Low to Medium)

Asset allocation (% as at 31 Dec 2020)

Cash

10.10

Australian fixed interest

17.90

Global fixed interest

42.10

Australian Property

0.00

Global Property

0.00

Australian Shares

12.00

Global Shares

17.90

Other

0.00

Gearing

0.00

Objective

Seeks to track the return of the various indices of the underlying funds in proportion to the strategic asset allocation for the portfolio before taking into account fees, expenses and tax.

Investment approach

The portfolio provides low-cost access to a range of Vanguard sector funds, offering broad diversification across multiple asset classes. It seeks to replicate the asset allocation of the Vanguard Growth Index strategy and is biased towards growth assets. It is designed for investors with a high tolerance for risk. The portfolio targets a 30% allocation to income asset classes and a 70% allocation to growth asset classes.

Investment guidelines

Australian fixed interest 7-11%
International fixed interest 19-23%
Australian shares 26-30%
International shares 34-50%

APIR code

ALL2116AU

Suggested investment length

7 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

9.10

Global fixed interest

21.10

Australian Property

0.00

Global Property

0.00

Australian Shares

27.80

Global Shares

42.00

Other

0.00

Gearing

0.00

Objective

Seeks to track the return of the various indices of the underlying funds in proportion to the strategic asset allocation for the portfolio before taking into account fees, expenses and tax.

Investment approach

Seeks to track the return of the various indices of the underlying funds in proportion to the strategic asset allocation for the portfolio before taking into account fees, expenses and tax.

Investment guidelines

Australian fixed interest 1-5%
International fixed interest 5-9%
Australian shares 34-38%
International shares 46-62%

APIR code

ALL0071AU

Suggested investment length

7 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

3.13

Global fixed interest

6.87

Australian Property

0.00

Global Property

0.00

Australian Shares

35.65

Global Shares

54.35

Other

0.00

Gearing

0.00

Fixed interest

Objective

The fund targets a stable return in excess of inflation (before fees and tax) over the medium term.

Investment approach

The manager is a specialist ‘relative value’ fixed income investment manager. The manager’s differentiated pure ‘relative value’ investing approach offers a compelling alternative to conventional fixed income investments because it is independent of the prevailing interest rate environment and how bond markets are performing. The manager believes the pure ‘relative value’ opportunity set is a proven reliable source of returns because it is driven by structural market inefficiencies that create new ‘relative value’ mispricing opportunities to profit from. The manager focuses on delivering consistent volatility-controlled returns in order to strictly limit performance volatility and prioritise capital preservation, irrespective of the market environment. The manager aims to fully hedge any foreign currency exposure back to the Australian dollar.

Investment guidelines

Government bonds 90-100%
Derivatives 0 – 10%

APIR code

ALL8588AU

Suggested investment length

2 Years

Risk level

2 (Low)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

59.44

Global fixed interest

40.56

Australian Property

0.00

Global Property

0.00

Australian Shares

0.00

Global Shares

0.00

Other

0.00

Gearing

0.00

Objective

Aims to provide investors with the performance of the market, before fees and tax, as measured by the Bloomberg AusBond Composite 0 + Year Index(2).

Investment approach

To closely track the risk characteristics of the index, while minimising transaction costs. Will look to closely match the index major risk and return factors through a methodology called stratified sampling.

Investment guidelines

Australian fixed interest 100%

APIR code

ALL0147AU

Suggested investment length

3 Years

Risk level

4 (Medium)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

100.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

0.00

Global Shares

0.00

Other

0.00

Gearing

0.00

Objective

Aims to achieve maximum total return by investing in global fixed interest securities, and to seek to preserve capital through prudent investment management.

Investment approach

In pursuing the fund's investment objective, the manager applies a wide range of diverse strategies including Duration analysis, Credit analysis, Relative Value analysis, Sector Allocation and Rotation and individual security selection. The manager’s investment strategy emphasises active decision making with a long-term focus and seeks to avoid extreme swings in Duration or maturity with a view to creating a steady stream of returns.

Investment guidelines

Cash 0-100%
International fixed interest 0-100%

APIR code

ALL0133AU

Suggested investment length

5 Years

Risk level

2 (Low)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

4.99

Global fixed interest

95.01

Australian Property

0.00

Global Property

0.00

Australian Shares

0.00

Global Shares

0.00

Other

0.00

Gearing

0.00

International shares

Objective

The fund aims to achieve long-term returns above the MSCI World Accumulation Index (AUD) (before fees and tax) and minimise the risk of permanent capital loss.

Investment approach

The fund invests primarily in the equity of companies listed on members of the World Federation of Exchanges or the Federation of European Securities Exchanges and will also have some exposure to cash. Typically, the fund is highly concentrated with 15-30 stocks. The manager’s strategy uses rigorous and in-depth quantitative and qualitative analysis to establish a unique portfolio. The fund invests in growth-oriented companies which pass the manager’s rigorous investment process.

Investment guidelines

Cash & Cash equivalents 0-20%
International shares 80-100%

APIR code

ALL0912AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

5.18

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

0.00

Global Shares

94.82

Other

0.00

Gearing

0.00

Objective

Aims to provide investors with the performance of the market, before fees and tax, as measured by the MSCI World ex Australia Net TR Index (hedged in AUD with net dividends reinvested).

Investment approach

To closely track the risk characteristics of the index, while minimising transaction costs. Will hold all of the securities in the index (most of the time), allowing for individual security weightings to vary marginally from the index from time to time.

Investment guidelines

International shares 100%

APIR code

ALL6057AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

0.00

Global Shares

100.00

Other

0.00

Gearing

0.00

Objective

Aims to provide investors with the performance of the market, before fees and tax, as measured by the MSCI World ex Australia Net TR Index (unhedged in AUD with net dividends reinvested).

Investment approach

To closely track the risk characteristics of the index, while minimising transaction costs. Will hold all of the securities in the index (most of the time), allowing for individual security weightings to vary marginally from the index from time to time.

Investment guidelines

International shares 100%

APIR code

ALL1933AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

0.00

Global Shares

100.00

Other

0.00

Gearing

0.00

Property

Objective

Aims to match the performance of the S&P/ASX 300 A-REIT Total Return Index before fees and tax.

Investment approach

To closely track the risk characteristics of the index, while minimising transaction costs. Will hold all of the securities in the index (most of the time), allowing for individual security weightings to vary marginally from the index from time to time.

Investment guidelines

Australian listed property 100%

APIR code

ALL4988AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

0.00

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

100.00

Global Property

0.00

Australian Shares

0.00

Global Shares

0.00

Other

0.00

Gearing

0.00

Objective

The primary objectives are to achieve attractive risk adjusted returns over the medium to long term, while reducing the risk of permanent capital loss.

Investment approach

Primarily invests in the securities of companies listed on stock exchanges around the world, but will also have some exposure to cash and cash equivalents. The manager can use foreign exchange contracts to facilitate settlement of stock purchases and to mitigate currency risk on specific investments within the portfolio. It is the manager’s intention to substantially hedge the capital component of the foreign currency exposure of the portfolio arising from investments in overseas markets back to Australian Dollars.

Investment guidelines

Cash 0-20%
Australian and international shares 80-100%

APIR code

ALL5327AU

Suggested investment length

7 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

9.22

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

15.81

Global Shares

74.97

Other

0.00

Gearing

0.00

Responsible investing

Objective

The portfolio is managed to invest in a broadly diversified portfolio of eligible intermediate term domestic and global fixed interest and money market securities whilst also taking into account certain environmental, sustainability impact and social considerations.

Investment approach

Seeks exposure to a diversified portfolio of eligible intermediate term domestic global and fixed interest and money market securities.

Investment guidelines

Fixed interest 100%

APIR code

ALL4902AU

Suggested investment length

3 Years

Risk level

4 (Medium)

Asset allocation (% as at 31 Dec 2020)

Cash

0.45

Australian fixed interest

9.02

Global fixed interest

90.53

Australian Property

0.00

Global Property

0.00

Australian Shares

0.00

Global Shares

0.00

Other

0.00

Gearing

0.00

Objective

Aims to provide a return (before fees, and expenses) that exceeds the fund’s benchmark over the medium to long term.

Investment approach

This fund is an actively managed diversified portfolio that invests in Australian and international shares, Australian and international listed property securities, Australian and international fixed interest, cash and alternative investments. The fund may also use derivatives.

Sustainable and ethical investment practices are incorporated into the Australian and international shares, Australian and international fixed interest and part of the Alternative investments components of the fund. The manager actively seeks exposure to securities and industries that demonstrate leading environmental, social and corporate governance (ESG) and ethical practices while excluding companies not meeting the investable criteria.

Investment guidelines

Cash 0-20%
Australian fixed interest 0-25%
International fixed interest 0-25%
Australian shares 20-40%
Australian property securities 0-10%
International property securities 0-10%
International shares 20-40%
Alternative Investment 0-20%

APIR code

ALL6289AU

Suggested investment length

5 Years

Risk level

6 (High)

Asset allocation (% as at 31 Dec 2020)

Cash

8.42

Australian fixed interest

3.79

Global fixed interest

3.95

Australian Property

6.58

Global Property

2.03

Australian Shares

27.45

Global Shares

31.72

Other

16.06

Gearing

0.00

Objective

To achieve long-term capital growth by investing in a diversified portfolio of equity or equity-related securities that are listed, traded or dealt in on any of the Regulated Markets worldwide. The fund is not managed to a benchmark and may have exposure to developed markets or Emerging Markets whilst maintaining its geographical diversity. The fund invests in companies that are positioned to contribute to, and benefit from sustainable development.. The fund aims to exceed the MSCI All Country World Index over rolling five-year periods before fees and taxes.

Investment approach

Stewart Investors take a bottom-up approach to investing in high quality companies that contribute to and benefit from sustainable development. Research focuses on each company’s sustainability positioning and the quality of management, franchise and financials. Each company’s contribution to sustainable development is fully integrated into the assessment process and must be core to the businesses model. Portfolio holdings tend to be firms that make products or provide services with a social or environmental purpose where success is aligned with sustainability. Environmental, social and governance risks and issues which are relevant to the company are integrated into the assessment of quality. A focus on capital preservation means that valuations must be reasonable, with a goal of achieving equity-like absolute returns appropriate for the level of risk over the long-term.

Investment guidelines

Cash 0-20%
International shares 80-100%

APIR code

ALL8246AU

Suggested investment length

7 Years

Risk level

7 (Very High)

Asset allocation (% as at 31 Dec 2020)

Cash

2.60

Australian fixed interest

0.00

Global fixed interest

0.00

Australian Property

0.00

Global Property

0.00

Australian Shares

0.00

Global Shares

97.40

Other

0.00

Gearing

0.00