General Information

Austock Imp Bd-MLC Horizon 4 Balanced
Austock Life Limited
ALL0022AU
Multisector Growth
starstar (as at 31 May 2011)
n/a
Not Rated
Managed Funds
22 Apr 2008
$40.44 million (as at 31 Dec 2016)
$1.287 (as at 19 Jan 2017)
$1.287 (as at 19 Jan 2017)

Fund performance

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return - - - - - - - -
Growth return 1.79 1.82 4.33 3.67 3.03 3.98 6.78 -
Income return - - - - - - - -

Morningstar index (Mstar PG IBd Multisector Growth Idx)

Total return 1.9 1.62 3.89 4.24 3.72 4.46 6.87 2.63

Market index (Morningstar Aus Msec Growth TR AUD)

Total return 3.15 3.04 5.48 7.93 7.02 8.24 12.18 5.01

Asset Allocation

Australian Equities 26.98%
International Equities 32.08%
Cash 4.31%
Property 2.82%
Fixed Interest 29.52%
Alternatives 4.29%
Asset Allocation

Objectives and Strategy

The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 4 year periods. MLC aims to achieve this by actively managing the portfolio. This includes reducing risk in the portfolio if market risk is high. As a result, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets.
The portfolio has a strong bias to growth assets and some exposure to 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.

Offer information

Standard entry fee 4%
Indirect Cost Ratio (ICR) 0.91% (as at 30 Nov 2016)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2016)

Holding Type % of Portfolio
National Australia Bank Ltd Equity 5.29%
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* Dates for historical returns vary from fund to fund