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  5. MLC MasterKey Pension - UBS Diversified Credit Income - Managed fund profile

MLC MasterKey Pension - UBS Diversified Credit Income - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform (after management costs) the RBA Official Cash Rate over rolling three year periods.
Fund Strategy
We seek to build the optimal portfolio exhibiting attractive income and risk characteristics and we undertake this by employing both top-down research and bottom-up security specific analysis. The Fund will be managed with the intention of maximising total return (income plus growth). We aim to hedge foreign currency exposures to the Australian dollar.

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 0.64% 3.6% 5.45% 10.32% 8.28% 8.3% 4.07% -%
Growth return 0.64% 3.6% 5.45% 10.32% 8.28% 8.3% 4.07% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.81% -0.31% 5.1% 2.53% -1.56% -2.38% -% 2.33%
As at 30 Nov 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Pension - UBS Diversified Credit Income
Cash
1.95%
Fixed Interest
98.05%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
8.92%
Fixed Interest
90.16%
Australian Equities
0.33%
International Equities
0.10%
Property
0.02%
Alternatives
0.47%

General Information

Fund Details
Type Description
MLC MasterKey Pension - UBS Diversified Credit Income
Closed
NULIS Nominees (Australia) Limited
MLC0816AU
Diversified Credit
starstarstarstar (as at 31 Oct 2012)
Allocated Pension
13 Aug 2007
$0.9 million (as at 31 Oct 2012)
$6.90862 (as at 5 Dec 2012)
$6.90862 (as at 5 Dec 2012)
Finalised
Offer information
Type Description
Standard entry fee 5%
Indirect Cost Ratio (ICR) 0.78% (as at 30 Jun 2012)
Minimum initial investment

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
INCITEC PIVOT LTD 4.3 18 Mar 2026 N.A./BBB/N.A. Bond - Corporate Bond 2.78%
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FAQs about the MLC MasterKey Pension - UBS Diversified Credit Income

The objective of the MLC MasterKey Pension - UBS Diversified Credit Income managed fund is The Fund aims to outperform (after management costs) the RBA Official Cash Rate over rolling three year periods.

The strategy of the MLC MasterKey Pension - UBS Diversified Credit Income managed fund is We seek to build the optimal portfolio exhibiting attractive income and risk characteristics and we undertake this by employing both top-down research and bottom-up security specific analysis. The Fund will be managed with the intention of maximising total return (income plus growth). We aim to hedge foreign currency exposures to the Australian dollar.

The APIR code of the MLC MasterKey Pension - UBS Diversified Credit Income managed fund is MLC0816AU.

MLC MasterKey Pension - UBS Diversified Credit Income’s total return last month was 0.64%. This was made up of a growth return of 0.64% and an income return of 0%. These returns were calculated as at 30 Nov 2012.

MLC MasterKey Pension - UBS Diversified Credit Income’s total return for the last three months was 3.6%. This was made up of a growth return of 3.6% and an income return of 0%%. These returns were calculated as at 30 Nov 2012.

MLC MasterKey Pension - UBS Diversified Credit Income’s one-year total return is 10.32%. This was made up of a growth return of 10.32% and an income return of 0%. These returns were calculated as at 30 Nov 2012.

MLC MasterKey Pension - UBS Diversified Credit Income’s one-year total return is 8.3%. This was made up of a growth return of 8.3% and an income return of 0%. These returns were calculated as at 30 Nov 2012.

The asset allocation of the MLC MasterKey Pension - UBS Diversified Credit Income managed fund is :

Cash
1.95%
Fixed Interest
98.05%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the MLC MasterKey Pension - UBS Diversified Credit Income managed fund is NULIS Nominees (Australia) Limited.

The MLC MasterKey Pension - UBS Diversified Credit Income managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Oct 2012, the size of the MLC MasterKey Pension - UBS Diversified Credit Income managed fund was $0.9 million.

The MLC MasterKey Pension - UBS Diversified Credit Income managed fund has an inception date of 13 Aug 2007.

The current entry price of the MLC MasterKey Pension - UBS Diversified Credit Income managed fund is $6.90862 per unit and the current exit price is $6.90862 per unit (as at 5 Dec 2012).

The current exit price of the MLC MasterKey Pension - UBS Diversified Credit Income managed fund is $6.90862 per unit and the current entry price is $6.90862 per unit (as at 5 Dec 2012).

The minimum initial investment amount for the MLC MasterKey Pension - UBS Diversified Credit Income 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.