InvestSMART

MLC MasterKey Business Super - MLC Flexible Moderate - Managed Fund

Fund Objective
The portfolio aims to deliver a return of 5% pa above inflation (before fees and tax) over 5 year periods by limiting the risk of negative returns over this timeframe. This careful risk management approach means there may be times when the portfolio doesn't achieve its return objective. In most circumstances the portfolio is expected to provide a positive return over 5 year periods.
Fund Strategy
Aiming for a particular return can help investors plan their future with more confidence. The MLC Inflation Plus portfolios don't rely just on the performance of markets to deliver returns. Instead, they're actively managed to aim for the above-inflation returns investors need, while limiting the risk of negative returns. Investing flexibly in a wide range of assets and strategies gives us many sources of return and ways to manage risk. Our portfolios also benefit from the insights of specialist investment managers from all over the world.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.52% 2.35% 6.07% 6.47% 4.13% 4.34% 3.96% 3.98%
Growth return 1.52% 2.35% 6.07% 6.47% 4.13% 4.34% 3.96% 3.98%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 2.01% 4.52% 10.56% 10.77% 4.44% 4.22% 5.24% 6.13%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Business Super - MLC Flexible Moderate
Australian Equities
9.35%
International Equities
19.66%
Cash
15.74%
Property
1.09%
Fixed Interest
34.17%
Alternatives
20%
Average Allocation of Peers
Australian Equities
16.68%
International Equities
26.52%
Cash
9.81%
Property
4.39%
Fixed Interest
36.44%
Alternatives
6.16%

General Information

Fund Details
Type Description
MLC MasterKey Business Super - MLC Flexible Moderate
NULIS Nominees (Australia) Limited
MLC0926AU
Multisector Flexible
starstarstar (as at 31 Mar 2024)
Superannuation Fund
3 Mar 2014
$24.86 million (as at 29 Feb 2024)
$15.29686 (as at 19 Apr 2024)
$15.26628 (as at 19 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.14% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0.52
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
Metrics M Super Diversified Australia Senior Loan Trust Equity - Undefined 2.47%
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FAQs about the MLC MasterKey Business Super - MLC Flexible Moderate

The objective of the MLC MasterKey Business Super - MLC Flexible Moderate managed fund is The portfolio aims to deliver a return of 5% pa above inflation (before fees and tax) over 5 year periods by limiting the risk of negative returns over this timeframe. This careful risk management approach means there may be times when the portfolio doesn't achieve its return objective. In most circumstances the portfolio is expected to provide a positive return over 5 year periods.

The strategy of the MLC MasterKey Business Super - MLC Flexible Moderate managed fund is Aiming for a particular return can help investors plan their future with more confidence. The MLC Inflation Plus portfolios don't rely just on the performance of markets to deliver returns. Instead, they're actively managed to aim for the above-inflation returns investors need, while limiting the risk of negative returns. Investing flexibly in a wide range of assets and strategies gives us many sources of return and ways to manage risk. Our portfolios also benefit from the insights of specialist investment managers from all over the world.

The APIR code of the MLC MasterKey Business Super - MLC Flexible Moderate managed fund is MLC0926AU.

MLC MasterKey Business Super - MLC Flexible Moderate’s total return last month was 1.52%. This was made up of a growth return of 1.52% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC MasterKey Business Super - MLC Flexible Moderate’s total return for the last three months was 2.35%. This was made up of a growth return of 2.35% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

MLC MasterKey Business Super - MLC Flexible Moderate’s one-year total return is 6.47%. This was made up of a growth return of 6.47% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC MasterKey Business Super - MLC Flexible Moderate’s one-year total return is 4.34%. This was made up of a growth return of 4.34% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the MLC MasterKey Business Super - MLC Flexible Moderate managed fund is :

Australian Equities
9.35%
International Equities
19.66%
Cash
15.74%
Property
1.09%
Fixed Interest
34.17%
Alternatives
20%

The Responsible Entity for the MLC MasterKey Business Super - MLC Flexible Moderate managed fund is NULIS Nominees (Australia) Limited.

The MLC MasterKey Business Super - MLC Flexible Moderate managed fund belongs to the Multisector Flexible sector/asset class.

As at 29 Feb 2024, the size of the MLC MasterKey Business Super - MLC Flexible Moderate managed fund was $24.86 million.

The MLC MasterKey Business Super - MLC Flexible Moderate managed fund has an inception date of 3 Mar 2014.

The current entry price of the MLC MasterKey Business Super - MLC Flexible Moderate managed fund is $15.29686 per unit and the current exit price is $15.26628 per unit (as at 19 Apr 2024).

The current exit price of the MLC MasterKey Business Super - MLC Flexible Moderate managed fund is $15.26628 per unit and the current entry price is $15.29686 per unit (as at 19 Apr 2024).

The minimum initial investment amount for the MLC MasterKey Business Super - MLC Flexible Moderate managed fund is $0. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.