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LIB - MLC Horizon 3 CGO

LIF0126AU

LIB - MLC Horizon 3 CGO LIF0126AU Strategy

The portfolio has approximately equal exposures to growth assets and defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.
funds

How to tell if a fund or ETF will likely underperform

The funds that have been rated negative by our analysts have characteristics in common
funds

Listed Investment Companies monthly performance: February 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).

Markets

Index
Last price
Change
% Change
All Ordinaries 7,850.10 159.30 -1.99%
CAC 40 8,045.11 34.28 0.43%
DAX 40 18,026.58 96.26 0.54%
Dow JONES (US) 37,735.11 248.13 -0.65%
FTSE 100 7,965.53 30.05 -0.38%
HKSE 16,293.95 306.51 -1.85%
NASDAQ 15,885.02 290.08 -1.79%
Nikkei 225 38,405.58 827.22 -2.11%
NZX 50 Index 11,806.79 109.99 -0.92%
S&P 500 5,061.82 61.59 -1.20%
S&P/ASX 200 7,598.10 154.40 -1.99%
SSE Composite Index 3,008.62 48.76 -1.59%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.04 0.00 -6.58%
The Star Entertainment Group Ltd SGR 0.43 0.05 -10.82%
Zip Co Ltd ZIP 1.20 0.13 -9.96%
Imugene Ltd IMU 0.09 0.01 -5.49%
Resolute Mining Ltd RSG 0.45 0.05 -9.18%
Telstra Group Ltd TLS 3.70 0.02 -0.40%
Piedmont Lithium Inc PLL 0.22 0.07 -22.81%
Nine Entertainment Co. Holdings Ltd NEC 1.54 0.02 -1.44%
Peninsula Energy Ltd PEN 0.10 0.01 -5.71%
Genex Power Ltd GNX 0.27 0.01 1.89%