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  5. MLC MasterKey Term Allocated Pension - Property Securities Fund - Managed fund profile

MLC MasterKey Term Allocated Pension - Property Securities Fund - Managed Fund (Closed)

Fund Objective
The fund is designed to be a complete portfolio for the Australian property securities asset class, and aims to deliver growth by using investment managers that invest and diversify across many Real Estate Investment Trusts and companies within that asset class.
Fund Strategy
The Fund invests primarily in Australian property securities, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It does not normally invest in direct property, but may have some exposure to property securities listed outside of Australia from time to time.

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 9.76% -4.71% 0.6% 0.22% -6.34% 2.22% 4.1% 6.91%
Growth return -5.35% -11.2% -10.03% -3.88% -8.86% 2.87% 2.06% 5.59%
Income return 15.11% 6.49% 10.63% 4.1% 2.52% -0.65% 2.04% 1.32%
Market index (S&P/ASX 200 A-REIT TR)
Total return 4.47% 9.86% 16.7% 14.49% 20.15% 15.35% 12.27% 9%
As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Term Allocated Pension - Property Securities Fund
Australian Equities
1.51%
International Equities
1.30%
Cash
2.63%
Property & Infrastructure
93.93%
Alternatives
0.63%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
4.32%
International Equities
0.25%
Cash
2.40%
Property & Infrastructure
93.02%
Alternatives
0.01%
Fixed Interest
0.01%

General Information

Fund Details
Type Description
MLC MasterKey Term Allocated Pension - Property Securities Fund
Closed
NULIS Nominees (Australia) Limited
Equity Australia Real Estate
starstarstarstar (as at 30 Nov 2023)
Allocated Pension
1 Oct 2004
$1.73 million (as at 31 Oct 2023)
$32.53857 (as at 4 Dec 2023)
$32.50603 (as at 4 Dec 2023)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 1.10% (as at 29 Sep 2023)
Indirect Cost Ratio (ICR) 1.10% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2022)

Holding (as at 31 Jan 2022) Type % of Portfolio
Goodman Group Equity - REIT 26.62%
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FAQs about the MLC MasterKey Term Allocated Pension - Property Securities Fund

The objective of the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund is The fund is designed to be a complete portfolio for the Australian property securities asset class, and aims to deliver growth by using investment managers that invest and diversify across many Real Estate Investment Trusts and companies within that asset class.

The strategy of the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund is The Fund invests primarily in Australian property securities, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It does not normally invest in direct property, but may have some exposure to property securities listed outside of Australia from time to time.

The APIR code of the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund is .

MLC MasterKey Term Allocated Pension - Property Securities Fund’s total return last month was 9.76%. This was made up of a growth return of -5.35% and an income return of 15.11%. These returns were calculated as at 30 Nov 2023.

MLC MasterKey Term Allocated Pension - Property Securities Fund’s total return for the last three months was -4.71%. This was made up of a growth return of -11.2% and an income return of 6.49%%. These returns were calculated as at 30 Nov 2023.

MLC MasterKey Term Allocated Pension - Property Securities Fund’s one-year total return is 0.22%. This was made up of a growth return of -3.88% and an income return of 4.1%. These returns were calculated as at 30 Nov 2023.

MLC MasterKey Term Allocated Pension - Property Securities Fund’s one-year total return is 2.22%. This was made up of a growth return of 2.87% and an income return of -0.65%. These returns were calculated as at 30 Nov 2023.

The asset allocation of the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund is :

Australian Equities
1.51%
International Equities
1.30%
Cash
2.63%
Property & Infrastructure
93.93%
Alternatives
0.63%
Fixed Interest
0%

The Responsible Entity for the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund is NULIS Nominees (Australia) Limited.

The MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 Oct 2023, the size of the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund was $1.73 million.

The MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund has an inception date of 1 Oct 2004.

The current entry price of the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund is $32.53857 per unit and the current exit price is $32.50603 per unit (as at 4 Dec 2023).

The current exit price of the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund is $32.50603 per unit and the current entry price is $32.53857 per unit (as at 4 Dec 2023).

The minimum initial investment amount for the MLC MasterKey Term Allocated Pension - Property Securities Fund managed fund is $20,000. 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.