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  5. MLC Account-based Pension - MIF Balanced - Managed fund profile

MLC Account-based Pension - MIF Balanced - Managed Fund (Closed)

Fund Objective
To provide medium to long-term returns that are generally higher than those achievable by investing in capital guaranteed or capital stable funds.
Fund Strategy
Maintains a balanced spread of investments between growth and defensive assets. The likelihood of the portfolio incurring a negative return in any particular year is moderate.

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 -1.02% 0.69% 3.1% 5.59% 8.54% 9.13% 6.29% 5.86%
Growth return -1.02% 0.69% 3.1% 5.59% 8.54% 9.13% 6.29% 5.86%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.5% 5.98% 13.05% 14.32% 6.19% 6.56% 7.27% 7.68%
As at 30 Sep 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Account-based Pension - MIF Balanced
Australian Equities
26.69%
International Equities
13.26%
Cash
14.82%
Property
5.61%
Fixed Interest
39.62%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.49%
International Equities
32.99%
Cash
6.64%
Property
6.78%
Fixed Interest
21.86%
Alternatives
4.24%

General Information

Fund Details
Type Description
MLC Account-based Pension - MIF Balanced
Closed
MLC Limited
NFS0080AU
Multisector Growth
starstarstar (as at 30 Sep 2014)
Allocated Pension
1 Feb 1995
n/a
$194.7501 (as at 3 Nov 2014)
$194.7501 (as at 3 Nov 2014)
Finalised
Offer information
Type Description
Standard entry fee 4.40%
Minimum initial investment $20,000

FAQs about the MLC Account-based Pension - MIF Balanced

The objective of the MLC Account-based Pension - MIF Balanced managed fund is To provide medium to long-term returns that are generally higher than those achievable by investing in capital guaranteed or capital stable funds.

The strategy of the MLC Account-based Pension - MIF Balanced managed fund is Maintains a balanced spread of investments between growth and defensive assets. The likelihood of the portfolio incurring a negative return in any particular year is moderate.

The APIR code of the MLC Account-based Pension - MIF Balanced managed fund is NFS0080AU.

MLC Account-based Pension - MIF Balanced’s total return last month was -1.02%. This was made up of a growth return of -1.02% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

MLC Account-based Pension - MIF Balanced’s total return for the last three months was 0.69%. This was made up of a growth return of 0.69% and an income return of 0%%. These returns were calculated as at 30 Sep 2014.

MLC Account-based Pension - MIF Balanced’s one-year total return is 5.59%. This was made up of a growth return of 5.59% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

MLC Account-based Pension - MIF Balanced’s one-year total return is 9.13%. This was made up of a growth return of 9.13% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

The asset allocation of the MLC Account-based Pension - MIF Balanced managed fund is :

Australian Equities
26.69%
International Equities
13.26%
Cash
14.82%
Property
5.61%
Fixed Interest
39.62%
Alternatives
0%

The Responsible Entity for the MLC Account-based Pension - MIF Balanced managed fund is MLC Limited.

The MLC Account-based Pension - MIF Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Jun 2015, the size of the MLC Account-based Pension - MIF Balanced managed fund was $ million.

The MLC Account-based Pension - MIF Balanced managed fund has an inception date of 1 Feb 1995.

The current entry price of the MLC Account-based Pension - MIF Balanced managed fund is $194.7501 per unit and the current exit price is $194.7501 per unit (as at 3 Nov 2014).

The current exit price of the MLC Account-based Pension - MIF Balanced managed fund is $194.7501 per unit and the current entry price is $194.7501 per unit (as at 3 Nov 2014).

The minimum initial investment amount for the MLC Account-based Pension - MIF Balanced managed fund is $20,000.

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.