MLC - Balanced Fund - Managed Fund (Closed)

Fund Objective

This pooled superannuation fund aims to consistently deliver above-medium returns with below-medium risk irrespective of market conditions over all rolling three year periods, as measured against large and medium-sized market-linked pooled superannuation funds.

Fund Strategy

MLC's philosophy is to minimise risk through diversification. Investments are spread over the domestic and international equity, fixed interest and property markets as well as cash to reduce asset class risks. Asset allocations are set by MLC, but security selection risk is diversified over a range of specialist managers with a core of indexed holdings. Pareto Partners of London have been appointed as Currency Overlay Manager.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-%	5.44%	4.37%	12.98%	11.12%	6.58%	9.83%	10.73%
Growth return	3.23%	5.44%	4.37%	12.98%	11.12%	6.58%	9.83%	10.73%
Income return	-%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return	1.16%	-2.36%	2.12%	9.66%	9.53%	7.06%	8.73%	6.85%

As at 31 Oct 1996. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Alternatives: 4.09%

Australian Equities: 26.95%

International Equities: 34.42%

Cash: 5.22%

Property: 6.53%

Fixed Interest: 22.79%

General Information

Fund Details

Type	Description
Fund Name	MLC - Balanced Fund (Wholesale)
Fund Status	Closed
Responsible Entity	MLC Limited
APIR Code
Sector/Asset Class	Multisector Growth
Morningstar Rating	Not Rated
Legal Structure	Superannuation Fund
Fund Inception	1 Aug 1968
Fund Size	$0 million (as at 31 Aug 1996)
Entry Price	$20.8376 (as at 31 Oct 1996)
Exit Price	$20.6303 (as at 31 Oct 1996)
Fund Status	Finalised

Offer information

Type	Description
Minimum initial investment	$99,999

FAQs about the MLC - Balanced Fund

What is the objective of the MLC - Balanced Fund managed fund?

The objective of the MLC - Balanced Fund managed fund is This pooled superannuation fund aims to consistently deliver above-medium returns with below-medium risk irrespective of market conditions over all rolling three year periods, as measured against large and medium-sized market-linked pooled superannuation funds.

What is the strategy for the MLC - Balanced Fund managed fund?

The strategy of the MLC - Balanced Fund managed fund is MLC's philosophy is to minimise risk through diversification. Investments are spread over the domestic and international equity, fixed interest and property markets as well as cash to reduce asset class risks. Asset allocations are set by MLC, but security selection risk is diversified over a range of specialist managers with a core of indexed holdings. Pareto Partners of London have been appointed as Currency Overlay Manager.

What is the APIR code of the MLC - Balanced Fund managed fund?

The APIR code of the MLC - Balanced Fund managed fund is .

What was MLC - Balanced Fund’s total return last month?

MLC - Balanced Fund’s total return last month was -%. This was made up of a growth return of 3.23% and an income return of -%. These returns were calculated as at 31 Oct 1996.

What was MLC - Balanced Fund’s total return for the last three months?

MLC - Balanced Fund’s total return for the last three months was 5.44%. This was made up of a growth return of 5.44% and an income return of 0%%. These returns were calculated as at 31 Oct 1996.

What is MLC - Balanced Fund’s one-year total return?

MLC - Balanced Fund’s one-year total return is 12.98%. This was made up of a growth return of 12.98% and an income return of 0%. These returns were calculated as at 31 Oct 1996.

What is MLC - Balanced Fund’s three-year total return?

MLC - Balanced Fund’s one-year total return is 6.58%. This was made up of a growth return of 6.58% and an income return of 0%. These returns were calculated as at 31 Oct 1996.

What is the asset allocation of the MLC - Balanced Fund managed fund?

The asset allocation of the MLC - Balanced Fund managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property: 0%

Fixed Interest: 0%

Who is the responsible Entity of the MLC - Balanced Fund managed fund?

The Responsible Entity for the MLC - Balanced Fund managed fund is MLC Limited.

What sector/asset class does the MLC - Balanced Fund managed fund belong to?

The MLC - Balanced Fund managed fund belongs to the Multisector Growth sector/asset class.

What is the size of the MLC - Balanced Fund managed fund?

As at 31 Aug 1996, the size of the MLC - Balanced Fund managed fund was $0 million.

What is the inception date of the MLC - Balanced Fund managed fund?

The MLC - Balanced Fund managed fund has an inception date of 1 Aug 1968.

What is the current entry price of the MLC - Balanced Fund managed fund?

The current entry price of the MLC - Balanced Fund managed fund is $20.8376 per unit and the current exit price is $20.6303 per unit (as at 31 Oct 1996).

What is the current exit price of the MLC - Balanced Fund managed fund?

The current exit price of the MLC - Balanced Fund managed fund is $20.6303 per unit and the current entry price is $20.8376 per unit (as at 31 Oct 1996).

What is the minimum investment amount for the MLC - Balanced Fund managed fund?

The minimum initial investment amount for the MLC - Balanced Fund managed fund is $99,999.

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.

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