InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. MLC Capital Guaranteed Investment Bond - MIF Growth - Managed fund profile

MLC Capital Guaranteed Investment Bond - MIF Growth - Managed Fund

Fund Objective
A flexible growth investment bond targeted towards high long termreturns.
Fund Strategy
Invest primarily in domestic and international shares with holdings of domestic and international fixed interest securities, property, and short term money market securities. The manager has defined long term asset targets and asset allocation ranges. Target portfolio consists of interest bearing securities 20%, shares 60% and property (including property trusts and direct property) 20%.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% 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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.83% 4.06% 8.27% 10.2% 4.42% 4.66% 5.33% 5.57%
Growth return 1.83% 4.06% 8.27% 10.2% 4.42% 4.66% 5.33% 5.57%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.91% 7.77% 15.61% 18.4% 8.2% 8.89% 9.42% 9.28%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Capital Guaranteed Investment Bond - MIF Growth
Australian Equities
21.37%
International Equities
39.40%
Cash
4.24%
Property
3.28%
Fixed Interest
20.58%
Alternatives
11.14%
Average Allocation of Peers
Australian Equities
33.37%
International Equities
47.18%
Cash
5.59%
Property
5.45%
Fixed Interest
5.15%
Alternatives
3.27%

General Information

Fund Details
Type Description
MLC Capital Guaranteed Investment Bond - MIF Growth
MLC Limited
NFS0215AU
Multisector Aggressive
starstarstar (as at 31 Mar 2024)
Investment Fund
30 Jun 1989
$5.22 million (as at 31 Mar 2021)
$203.50685 (as at 18 Apr 2024)
$203.50685 (as at 18 Apr 2024)
Open
Offer information
Type Description
Standard entry fee 3%
Minimum initial investment $1,000.00

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Multimix Wholesale International Shares Trust Mutual Fund - Open End 26.22%
Login now to view the complete list of holdings.

FAQs about the MLC Capital Guaranteed Investment Bond - MIF Growth

The objective of the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund is A flexible growth investment bond targeted towards high long termreturns.

The strategy of the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund is Invest primarily in domestic and international shares with holdings of domestic and international fixed interest securities, property, and short term money market securities. The manager has defined long term asset targets and asset allocation ranges. Target portfolio consists of interest bearing securities 20%, shares 60% and property (including property trusts and direct property) 20%.

The APIR code of the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund is NFS0215AU.

MLC Capital Guaranteed Investment Bond - MIF Growth’s total return last month was 1.83%. This was made up of a growth return of 1.83% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC Capital Guaranteed Investment Bond - MIF Growth’s total return for the last three months was 4.06%. This was made up of a growth return of 4.06% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

MLC Capital Guaranteed Investment Bond - MIF Growth’s one-year total return is 10.2%. This was made up of a growth return of 10.2% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC Capital Guaranteed Investment Bond - MIF Growth’s one-year total return is 4.66%. This was made up of a growth return of 4.66% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund is :

Australian Equities
21.37%
International Equities
39.40%
Cash
4.24%
Property
3.28%
Fixed Interest
20.58%
Alternatives
11.14%

The Responsible Entity for the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund is MLC Limited.

The MLC Capital Guaranteed Investment Bond - MIF Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 Mar 2021, the size of the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund was $5.22 million.

The MLC Capital Guaranteed Investment Bond - MIF Growth managed fund has an inception date of 30 Jun 1989.

The current entry price of the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund is $203.50685 per unit and the current exit price is $203.50685 per unit (as at 18 Apr 2024).

The current exit price of the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund is $203.50685 per unit and the current entry price is $203.50685 per unit (as at 18 Apr 2024).

The minimum initial investment amount for the MLC Capital Guaranteed Investment Bond - MIF Growth managed fund is $1,000.

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.