InvestSMART

MLC Account-based Pension - MIF Growth A - Managed Fund (Closed)

Fund Objective
To produce higher returns than other managed funds over the medium to long term with a level of risk within the commonly accepted range for funds with high proportions of growth assets.
Fund Strategy
Invest in a diversified portfolio of the major asset classes of equities, fixed interest and property with an emphasis on equities and property providing high liquidity. The likelihood of the portfolio incurring a negative return in any particular year is high.

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 0.38% 0.02% 2.47% 6.12% 5.43% 5.63% 8.34% 4.01%
Growth return 0.38% 0.02% 2.47% 6.12% 5.43% 5.63% 8.34% 4.01%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.75% 4.43% 10.73% 11.3% 14.85% 13.6% 9.39% 8.35%
As at 31 Aug 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Account-based Pension - MIF Growth A
Australian Equities
35.35%
International Equities
22.56%
Cash
8.93%
Property & Infrastructure
5.79%
Fixed Interest
27.37%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.14%
International Equities
35.63%
Cash
5.91%
Property & Infrastructure
6.35%
Fixed Interest
20.99%
Alternatives
3.98%

General Information

Fund Details
Type Description
MLC Account-based Pension - MIF Growth A
Closed
MLC Limited
NFS0459AU
Multisector Growth
starstarstarstar (as at 31 Aug 2017)
Superannuation Fund
28 Sep 1992
$0 million (as at 31 Oct 2017)
$252.7887 (as at 8 Sep 2017)
$252.7887 (as at 8 Sep 2017)
Suppressed
Offer information
Type Description
Minimum initial investment

FAQs about the MLC Account-based Pension - MIF Growth A

The objective of the MLC Account-based Pension - MIF Growth A managed fund is To produce higher returns than other managed funds over the medium to long term with a level of risk within the commonly accepted range for funds with high proportions of growth assets.

The strategy of the MLC Account-based Pension - MIF Growth A managed fund is Invest in a diversified portfolio of the major asset classes of equities, fixed interest and property with an emphasis on equities and property providing high liquidity. The likelihood of the portfolio incurring a negative return in any particular year is high.

The APIR code of the MLC Account-based Pension - MIF Growth A managed fund is NFS0459AU.

MLC Account-based Pension - MIF Growth A’s total return last month was 0.38%. This was made up of a growth return of 0.38% and an income return of 0%. These returns were calculated as at 31 Aug 2017.

MLC Account-based Pension - MIF Growth A’s total return for the last three months was 0.02%. This was made up of a growth return of 0.02% and an income return of 0%%. These returns were calculated as at 31 Aug 2017.

MLC Account-based Pension - MIF Growth A’s one-year total return is 6.12%. This was made up of a growth return of 6.12% and an income return of 0%. These returns were calculated as at 31 Aug 2017.

MLC Account-based Pension - MIF Growth A’s one-year total return is 5.63%. This was made up of a growth return of 5.63% and an income return of 0%. These returns were calculated as at 31 Aug 2017.

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

Australian Equities
35.35%
International Equities
22.56%
Cash
8.93%
Property & Infrastructure
5.79%
Fixed Interest
27.37%
Alternatives
0%

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

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

As at 31 Oct 2017, the size of the MLC Account-based Pension - MIF Growth A managed fund was $0 million.

The MLC Account-based Pension - MIF Growth A managed fund has an inception date of 28 Sep 1992.

The current entry price of the MLC Account-based Pension - MIF Growth A managed fund is $252.7887 per unit and the current exit price is $252.7887 per unit (as at 8 Sep 2017).

The current exit price of the MLC Account-based Pension - MIF Growth A managed fund is $252.7887 per unit and the current entry price is $252.7887 per unit (as at 8 Sep 2017).

The minimum initial investment amount for the MLC Account-based Pension - MIF Growth A 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.