MLC MasterKey Business Super - MLC Balanced - Managed Fund
Fund Objective
The portfolio has a strong bias to growth assets and some exposure to defensive assets. The allocations to these assets are actively managed within defined ranges, in accordance with MLC’s changing view of potential risks and opportunities in investment markets.Fund Strategy
The portfolio has a strong bias to growth assets and some exposure to defensive assets. The allocations to these assets are actively managed within defined ranges, in accordance with MLC’s changing view of potential risks and opportunities in investment markets.
Fund performance
| 1M | 3M | 6M | 1Y p.a. | 2Y p.a. | 3Y p.a. | 5Y p.a. | 10Y p.a. | |
| Total return | -0.4% | 1.25% | 7.77% | 6.52% | 7.85% | 9.48% | 5.56% | 6.95% |
| Growth return | -0.3% | 1.56% | 8.44% | 7.52% | 8.35% | 9.82% | 5.76% | 7.05% |
| Income return | -0.1% | -0.31% | -0.67% | -1% | -0.5% | -0.34% | -0.2% | -0.1% |
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Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
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| Total return | -0.75% | -0.25% | 7.35% | 5.57% | 8.4% | 11.67% | 6.73% | 7.96% |
Asset Allocation
MLC MasterKey Business Super - MLC Balanced
- Australian Equities
- 25.22%
- International Equities
- 33.82%
- Cash
- 0.08%
- Property & Infrastructure
- 5.70%
- Fixed Interest
- 16.71%
- Alternatives
- 18.47%
Average Allocation of Peers
- Australian Equities
- 27.69%
- International Equities
- 35.07%
- Cash
- 5.05%
- Property & Infrastructure
- 5.92%
- Fixed Interest
- 21.57%
- Alternatives
- 4.69%
General Information
Fund Details
| Type | Description |
| MLC MasterKey Business Super - MLC Balanced | |
| MLC0245AU | |
| Multisector Growth | |
 (as at 30 Sep 2026) |
|
| Superannuation Fund | |
| 1 Jan 1998 | |
| $725.72 million (as at 30 Sep 2026) | |
| $155.3786 (as at 27 Oct 2026) | |
| $155.06814 (as at 27 Oct 2026) | |
| Open |
Offer information
| Type | Description |
| MER | 0.76% (as at 1 Oct 2026) |
| Indirect Cost Ratio (ICR) | 1.34% (as at 30 Jun 2024) |
| Performance fee (not included in ICR) | 0.11 |
| Minimum initial investment | $1,000.00 |
| Minimum redemption amount |
Top 10 holdings (as at 31 Dec 2023)
| Holding (as at 31 Dec 2023) | Type | % of Portfolio |
| Hedged Index Global Infrastructure Secs | Mutual Fund - Open End | 3.77% |
| Login now to view the complete list of holdings. | ||
Your guide to next steps
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FAQs about the MLC MasterKey Business Super - MLC Balanced
What is the objective of the MLC MasterKey Business Super - MLC Balanced managed fund?
The objective of the MLC MasterKey Business Super - MLC Balanced managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. The allocations to these assets are actively managed within defined ranges, in accordance with MLC’s changing view of potential risks and opportunities in investment markets.
What is the strategy for the MLC MasterKey Business Super - MLC Balanced managed fund?
The strategy of the MLC MasterKey Business Super - MLC Balanced managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. The allocations to these assets are actively managed within defined ranges, in accordance with MLC’s changing view of potential risks and opportunities in investment markets.
What is the APIR code of the MLC MasterKey Business Super - MLC Balanced managed fund?
The APIR code of the MLC MasterKey Business Super - MLC Balanced managed fund is MLC0245AU.
What was MLC MasterKey Business Super - MLC Balanced’s total return last month?
MLC MasterKey Business Super - MLC Balanced’s total return last month was -0.4%. This was made up of a growth return of -0.3% and an income return of -0.1%. These returns were calculated as at 30 Sep 2026.
What was MLC MasterKey Business Super - MLC Balanced’s total return for the last three months?
MLC MasterKey Business Super - MLC Balanced’s total return for the last three months was 1.25%. This was made up of a growth return of 1.56% and an income return of -0.31%%. These returns were calculated as at 30 Sep 2026.
What is MLC MasterKey Business Super - MLC Balanced’s one-year total return?
MLC MasterKey Business Super - MLC Balanced’s one-year total return is 6.52%. This was made up of a growth return of 7.52% and an income return of -1%. These returns were calculated as at 30 Sep 2026.
What is MLC MasterKey Business Super - MLC Balanced’s three-year total return?
MLC MasterKey Business Super - MLC Balanced’s one-year total return is 9.48%. This was made up of a growth return of 9.82% and an income return of -0.34%. These returns were calculated as at 30 Sep 2026.
What is the asset allocation of the MLC MasterKey Business Super - MLC Balanced managed fund?
The asset allocation of the MLC MasterKey Business Super - MLC Balanced managed fund is :
- Australian Equities
- 25.22%
- International Equities
- 33.82%
- Cash
- 0.08%
- Property & Infrastructure
- 5.70%
- Fixed Interest
- 16.71%
- Alternatives
- 18.47%
What sector/asset class does the MLC MasterKey Business Super - MLC Balanced managed fund belong to?
The MLC MasterKey Business Super - MLC Balanced managed fund belongs to the Multisector Growth sector/asset class.
What is the size of the MLC MasterKey Business Super - MLC Balanced managed fund?
As at 30 Sep 2026, the size of the MLC MasterKey Business Super - MLC Balanced managed fund was $725.72 million.
What is the inception date of the MLC MasterKey Business Super - MLC Balanced managed fund?
The MLC MasterKey Business Super - MLC Balanced managed fund has an inception date of 1 Jan 1998.
What is the current entry price of the MLC MasterKey Business Super - MLC Balanced managed fund?
The current entry price of the MLC MasterKey Business Super - MLC Balanced managed fund is $155.3786 per unit and the current exit price is $155.06814 per unit (as at 27 Oct 2026).
What is the current exit price of the MLC MasterKey Business Super - MLC Balanced managed fund?
The current exit price of the MLC MasterKey Business Super - MLC Balanced managed fund is $155.06814 per unit and the current entry price is $155.3786 per unit (as at 27 Oct 2026).
What is the minimum investment amount for the MLC MasterKey Business Super - MLC Balanced managed fund?
The minimum initial investment amount for the MLC MasterKey Business Super - MLC Balanced managed fund is $1,000.
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.
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