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  5. MLC MKSF - BlackRock Global Allocation - Managed fund profile

MLC MKSF - BlackRock Global Allocation - Managed Fund (Closed)

Fund Objective
Aims to provide high total investment return through a fully managed investment policy utilising international equity securities, debt and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends.
Fund Strategy
The fund invests in both equity and debt securities, including money market securities and other short-term securities or instruments, of issuers located around the world. This fund is considered a hedge fund by the Australian Securities and Investments Commission.

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 -0.24% 2.96% 4.62% 4.23% -3.57% 2.06% 3.82% 5.18%
Growth return -0.24% 2.96% 4.62% 4.23% -3.57% 2.06% 3.82% 5.18%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 2.01% 4.52% 10.56% 10.77% 4.44% 4.22% 5.24% 6.13%
As at 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKSF - BlackRock Global Allocation
Australian Equities
0.09%
International Equities
66.21%
Cash
9.21%
Property
0.09%
Fixed Interest
24.39%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.74%
International Equities
26.54%
Cash
9.34%
Property
4.29%
Fixed Interest
36.97%
Alternatives
6.12%

General Information

Fund Details
Type Description
MLC MKSF - BlackRock Global Allocation
Closed
NULIS Nominees (Australia) Limited
MLC0857AU
Multisector Balanced
starstar (as at 31 Aug 2023)
Superannuation Fund
2 Jun 2008
$25.38 million (as at 31 Aug 2023)
$22.64083 (as at 15 Sep 2023)
$22.5843 (as at 15 Sep 2023)
Finalised
Offer information
Type Description
Standard entry fee 5%
Indirect Cost Ratio (ICR) 3.56% (as at 30 Jun 2021)
Performance fee (not included in ICR) 2.94
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Microsoft Corp Equity 2.71%
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FAQs about the MLC MKSF - BlackRock Global Allocation

The objective of the MLC MKSF - BlackRock Global Allocation managed fund is Aims to provide high total investment return through a fully managed investment policy utilising international equity securities, debt and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends.

The strategy of the MLC MKSF - BlackRock Global Allocation managed fund is The fund invests in both equity and debt securities, including money market securities and other short-term securities or instruments, of issuers located around the world. This fund is considered a hedge fund by the Australian Securities and Investments Commission.

The APIR code of the MLC MKSF - BlackRock Global Allocation managed fund is MLC0857AU.

MLC MKSF - BlackRock Global Allocation’s total return last month was -0.24%. This was made up of a growth return of -0.24% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

MLC MKSF - BlackRock Global Allocation’s total return for the last three months was 2.96%. This was made up of a growth return of 2.96% and an income return of 0%%. These returns were calculated as at 31 Aug 2023.

MLC MKSF - BlackRock Global Allocation’s one-year total return is 4.23%. This was made up of a growth return of 4.23% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

MLC MKSF - BlackRock Global Allocation’s one-year total return is 2.06%. This was made up of a growth return of 2.06% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

The asset allocation of the MLC MKSF - BlackRock Global Allocation managed fund is :

Australian Equities
0.09%
International Equities
66.21%
Cash
9.21%
Property
0.09%
Fixed Interest
24.39%
Alternatives
0%

The Responsible Entity for the MLC MKSF - BlackRock Global Allocation managed fund is NULIS Nominees (Australia) Limited.

The MLC MKSF - BlackRock Global Allocation managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Aug 2023, the size of the MLC MKSF - BlackRock Global Allocation managed fund was $25.38 million.

The MLC MKSF - BlackRock Global Allocation managed fund has an inception date of 2 Jun 2008.

The current entry price of the MLC MKSF - BlackRock Global Allocation managed fund is $22.64083 per unit and the current exit price is $22.5843 per unit (as at 15 Sep 2023).

The current exit price of the MLC MKSF - BlackRock Global Allocation managed fund is $22.5843 per unit and the current entry price is $22.64083 per unit (as at 15 Sep 2023).

The minimum initial investment amount for the MLC MKSF - BlackRock Global Allocation managed fund is $1,000. Minimum additional investment 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.