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  5. MLC MasterKey Investment Bond (Five Star) - Bond Fund - Managed fund profile

MLC MasterKey Investment Bond (Five Star) - Bond Fund - Managed Fund

Fund Objective
The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 2 year periods. The return is also expected to be higher than cash investments. At the same time, the portfolio aims to preserve your investment over 1 year periods.
Fund Strategy
The portfolio is broadly diversified across different types of fixed income securities and investment managers in Australia and around the world. The securities in the portfolio are predominantly investment grade and have an average term to maturity of up to 1.25 years. You can use the portfolio for your whole portfolio or add it to other investments.

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% 0.71% 2.2% 3.06% 0.95% -0.23% -0.41% -0.18%
Growth return 0.38% 0.71% 2.2% 3.06% 0.95% -0.23% -0.41% -0.18%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (MorningstarAus BBG AuBd Cmp/BCGA TR HAUD)
Total return 0.97% 0.35% 4.98% 2.01% -0.32% -1.82% 0.04% 2.47%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Investment Bond (Five Star) - Bond Fund
Australian Equities
0%
International Equities
0.50%
Cash
2.04%
Fixed Interest
95.84%
Alternatives
1.62%
Average Allocation of Peers
Australian Equities
0%
International Equities
0.07%
Cash
6.48%
Fixed Interest
93.01%
Alternatives
0.44%

General Information

Fund Details
Type Description
MLC MasterKey Investment Bond (Five Star) - Bond Fund
MLC Limited
MLC0233AU
Bonds - Global / Australia
Not Rated
Investment Fund
20 Jan 1989
$0.81 million (as at 29 Feb 2024)
$11.99878 (as at 16 Apr 2024)
$11.99878 (as at 16 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.97% (as at 30 Jun 2020)

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
IOOF Income Trust Mutual Fund - Open End 80.90%
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FAQs about the MLC MasterKey Investment Bond (Five Star) - Bond Fund

The objective of the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund is The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 2 year periods. The return is also expected to be higher than cash investments. At the same time, the portfolio aims to preserve your investment over 1 year periods.

The strategy of the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund is The portfolio is broadly diversified across different types of fixed income securities and investment managers in Australia and around the world. The securities in the portfolio are predominantly investment grade and have an average term to maturity of up to 1.25 years. You can use the portfolio for your whole portfolio or add it to other investments.

The APIR code of the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund is MLC0233AU.

MLC MasterKey Investment Bond (Five Star) - Bond Fund’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 Mar 2024.

MLC MasterKey Investment Bond (Five Star) - Bond Fund’s total return for the last three months was 0.71%. This was made up of a growth return of 0.71% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

MLC MasterKey Investment Bond (Five Star) - Bond Fund’s one-year total return is 3.06%. This was made up of a growth return of 3.06% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC MasterKey Investment Bond (Five Star) - Bond Fund’s one-year total return is -0.23%. This was made up of a growth return of -0.23% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund is :

Australian Equities
0%
International Equities
0.50%
Cash
2.04%
Fixed Interest
95.84%
Alternatives
1.62%

The Responsible Entity for the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund is MLC Limited.

The MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund belongs to the Bonds - Global / Australia sector/asset class.

As at 29 Feb 2024, the size of the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund was $0.81 million.

The MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund has an inception date of 20 Jan 1989.

The current entry price of the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund is $11.99878 per unit and the current exit price is $11.99878 per unit (as at 16 Apr 2024).

The current exit price of the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund is $11.99878 per unit and the current entry price is $11.99878 per unit (as at 16 Apr 2024).

The minimum initial investment amount for the MLC MasterKey Investment Bond (Five Star) - Bond Fund managed fund is $.

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.