InvestSMART

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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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 -% 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 0.75% 4.43% 10.73% 11.3% 14.85% 13.6% 9.39% 8.35%
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
3.98%
Australian Equities
27.16%
International Equities
35.20%
Cash
6.37%
Property & Infrastructure
6.37%
Fixed Interest
20.93%

General Information

Fund Details
Type Description
MLC - Balanced Fund (Wholesale)
Closed
MLC Limited
Multisector Growth
Not Rated
Superannuation Fund
1 Aug 1968
$0 million (as at 31 Aug 1996)
$20.8376 (as at 31 Oct 1996)
$20.6303 (as at 31 Oct 1996)
Finalised
Offer information
Type Description
Minimum initial investment $99,999

FAQs about the MLC - Balanced 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.

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.

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

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.

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.

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.

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.

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

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

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

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

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

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

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).

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).

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.