A diversified strategy mainly investing in growth assets (Australian and international shares and property securities), the LifeStrategy® High Growth option suits investors seeking long-term capital growth who have a high tolerance for risk. As the fund is indexed, it invests in a wide variety of Australian and international assets, which can reduce market risk while enhancing your return potential. There is a small exposure to Australian and international fixed interest to provide a stabilising effect.
Who it may suit
- long-term investors (usually seven years plus)
- investors seeking long-term capital growth through a diversified portfolio of mainly growth assets
- investors seeking a professionally managed diversified portfolio
- investors seeking a tax-effective investment
Objectives
To match the weighted average return of the target indexes for each asset class before taking into account fees, expenses and taxes.
Asset allocation targets are:
| Income assets 10% Cash 0% Australian fixed interest 4% International fixed interest (hedged) 6% | Growth assets 90% |
Benefits
| Diversification |
|
| Long-term growth potential |
|
| Potential for better after-tax returns |
|
| Low scaled fees |
|
| Flexibility |
|
Investment requirements and fees
| Minimum investment amounts | |
| Initial contribution |
$20,000
|
| Additional contributions |
$200
|
| Account balance |
$7,500
|
| Buy/sell spread | |
| Purchase |
+0.30%
|
| Withdrawal |
-0.20%
|
| Management costs | |
| Management costs | 0.37% p.a. |
| Member account keeping fee | $66 p.a. |
Administration/plan management fee For the first $50,000 Portion above $50,000 |
0.75% p.a. 0.50% p.a. |
Risk/return profile
At Vanguard, we believe it's just as important to understand the risks and costs of investing, as it is to know about the rewards.
Our risk/return profiler illustrates the expected risk level and potential return for the LifeStrategy® High Growth option based on historical data. It's important to remember that past performance is no guarantee of future performance and risk/return profile of each fund may vary from year to year.






