InvestSMART

MLC Account-based Pension - MIF Capital Stable DEF - Managed Fund (Closed)

Fund Objective
To provide over the medium term a higher return than is generally associated with cash and fixed interest securities alone, whilst providing lower volatility in short term investment returns than other more balanced investments (i.e. those with greater proportions invested in equities and property).
Fund Strategy
Invest in fixed interest and growth assets with high liquidity. The likelihood of the portfolio incurring a negative annual return in any particular year is moderately low.

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 -0.6% 0.62% 2.88% 4.58% 5.79% 6.62% 5.28% 4.82%
Growth return -0.6% 0.62% 2.88% 4.58% 5.79% 6.62% 5.28% 4.82%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.47% 2.26% 5.93% 6.71% 9.26% 8% 4.02% 4.61%
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 Capital Stable DEF
Australian Equities
12.93%
International Equities
8.82%
Cash
23.01%
Property & Infrastructure
4.74%
Fixed Interest
50.50%
Alternatives
0%
Average Allocation of Peers
Australian Equities
10.72%
International Equities
14.95%
Cash
14.81%
Property & Infrastructure
3.68%
Fixed Interest
50.22%
Alternatives
5.61%

General Information

Fund Details
Type Description
MLC Account-based Pension - MIF Capital Stable DEF
Closed
MLC Limited
NFS0095AU
Multisector Moderate
starstarstar (as at 30 Sep 2014)
Allocated Pension
1 Oct 1993
$1.2 million (as at 30 Sep 2014)
$179.7206 (as at 30 Oct 2014)
$179.7206 (as at 30 Oct 2014)
Finalised
Offer information
Type Description
Minimum initial investment

FAQs about the MLC Account-based Pension - MIF Capital Stable DEF

The objective of the MLC Account-based Pension - MIF Capital Stable DEF managed fund is To provide over the medium term a higher return than is generally associated with cash and fixed interest securities alone, whilst providing lower volatility in short term investment returns than other more balanced investments (i.e. those with greater proportions invested in equities and property).

The strategy of the MLC Account-based Pension - MIF Capital Stable DEF managed fund is Invest in fixed interest and growth assets with high liquidity. The likelihood of the portfolio incurring a negative annual return in any particular year is moderately low.

The APIR code of the MLC Account-based Pension - MIF Capital Stable DEF managed fund is NFS0095AU.

MLC Account-based Pension - MIF Capital Stable DEF’s total return last month was -0.6%. This was made up of a growth return of -0.6% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

MLC Account-based Pension - MIF Capital Stable DEF’s total return for the last three months was 0.62%. This was made up of a growth return of 0.62% and an income return of 0%%. These returns were calculated as at 30 Sep 2014.

MLC Account-based Pension - MIF Capital Stable DEF’s one-year total return is 4.58%. This was made up of a growth return of 4.58% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

MLC Account-based Pension - MIF Capital Stable DEF’s one-year total return is 6.62%. This was made up of a growth return of 6.62% 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 Capital Stable DEF managed fund is :

Australian Equities
12.93%
International Equities
8.82%
Cash
23.01%
Property & Infrastructure
4.74%
Fixed Interest
50.50%
Alternatives
0%

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

The MLC Account-based Pension - MIF Capital Stable DEF managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Sep 2014, the size of the MLC Account-based Pension - MIF Capital Stable DEF managed fund was $1.2 million.

The MLC Account-based Pension - MIF Capital Stable DEF managed fund has an inception date of 1 Oct 1993.

The current entry price of the MLC Account-based Pension - MIF Capital Stable DEF managed fund is $179.7206 per unit and the current exit price is $179.7206 per unit (as at 30 Oct 2014).

The current exit price of the MLC Account-based Pension - MIF Capital Stable DEF managed fund is $179.7206 per unit and the current entry price is $179.7206 per unit (as at 30 Oct 2014).

The minimum initial investment amount for the MLC Account-based Pension - MIF Capital Stable DEF managed fund 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.