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  5. MLC MasterKey Super - Ant - Lstar Absolute Return Trust - Managed fund profile

MLC MasterKey Super - Ant - Lstar Absolute Return Trust - Managed Fund (Closed)

Fund Objective
Aims to produce absolute returns in both rising and falling equity markets over rolling five-year periods.
Fund Strategy
Lodestar is an active, style agnostic investment manager. They believe that through an investment cycle, various investment styles come in and out of favour with the market. A style agnostic approach best ensures that investors are not subject to extreme swings in investment styles. All investment decisions are based on an ongoing assessment of each underlying asset's inherent value and price.

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 1.04% 5.3% 1.81% -3.83% -2.8% 4.81% -% -%
Growth return 1.04% 5.3% 1.81% -3.83% -2.8% 4.81% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 3.09% 1.67% 2.23% 11.61% 11.77% 8.75% 8.76% 7.08%
As at 29 Feb 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Super - Ant - Lstar Absolute Return Trust
Australian Equities
61.85%
Cash
25.19%
Property
1.70%
Alternatives
11.26%
International Equities
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
26.93%
Cash
5.23%
Property
6.55%
Alternatives
4.12%
International Equities
34.39%
Fixed Interest
22.79%

General Information

Fund Details
Type Description
MLC MasterKey Super - Ant - Lstar Absolute Return Trust
Closed
NULIS Nominees (Australia) Limited
MLC0856AU
Multisector Growth
star (as at 31 Jul 2012)
Superannuation Fund
2 Jun 2008
$6.61 million (as at 29 Feb 2012)
$9.48143 (as at 29 Aug 2012)
$9.43413 (as at 29 Aug 2012)
Finalised
Offer information
Type Description
Standard entry fee 5%
Indirect Cost Ratio (ICR) 1.03% (as at 30 Jun 2011)
Minimum initial investment

FAQs about the MLC MasterKey Super - Ant - Lstar Absolute Return Trust

The objective of the MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund is Aims to produce absolute returns in both rising and falling equity markets over rolling five-year periods.

The strategy of the MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund is Lodestar is an active, style agnostic investment manager. They believe that through an investment cycle, various investment styles come in and out of favour with the market. A style agnostic approach best ensures that investors are not subject to extreme swings in investment styles. All investment decisions are based on an ongoing assessment of each underlying asset's inherent value and price.

The APIR code of the MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund is MLC0856AU.

MLC MasterKey Super - Ant - Lstar Absolute Return Trust’s total return last month was 1.04%. This was made up of a growth return of 1.04% and an income return of 0%. These returns were calculated as at 29 Feb 2012.

MLC MasterKey Super - Ant - Lstar Absolute Return Trust’s total return for the last three months was 5.3%. This was made up of a growth return of 5.3% and an income return of 0%%. These returns were calculated as at 29 Feb 2012.

MLC MasterKey Super - Ant - Lstar Absolute Return Trust’s one-year total return is -3.83%. This was made up of a growth return of -3.83% and an income return of 0%. These returns were calculated as at 29 Feb 2012.

MLC MasterKey Super - Ant - Lstar Absolute Return Trust’s one-year total return is 4.81%. This was made up of a growth return of 4.81% and an income return of 0%. These returns were calculated as at 29 Feb 2012.

The asset allocation of the MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund is :

Australian Equities
61.85%
Cash
25.19%
Property
1.70%
Alternatives
11.26%
International Equities
0%
Fixed Interest
0%

The Responsible Entity for the MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund is NULIS Nominees (Australia) Limited.

The MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund belongs to the Multisector Growth sector/asset class.

As at 29 Feb 2012, the size of the MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund was $6.61 million.

The MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund has an inception date of 2 Jun 2008.

The current entry price of the MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund is $9.48143 per unit and the current exit price is $9.43413 per unit (as at 29 Aug 2012).

The current exit price of the MLC MasterKey Super - Ant - Lstar Absolute Return Trust managed fund is $9.43413 per unit and the current entry price is $9.48143 per unit (as at 29 Aug 2012).

The minimum initial investment amount for the MLC MasterKey Super - Ant - Lstar Absolute Return Trust 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.