General Information

MLC MKey AP FS Horizon 1 - Bond Fund
MLC Nominees Pty Ltd
Australian Short Term Fixed Interest
starstarstar (as at 30 Nov 2016)
Allocated Pension
17 May 1993
$1.86 million (as at 31 Jul 2017)
$12.44904 (as at 17 Aug 2017)
$12.44904 (as at 17 Aug 2017)

Fund performance (31 Jul 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.11 0.13 0.32 0.56 0.59 0.68 1.21 2.5
Growth return 0.11 0.13 0.32 0.56 0.59 0.68 1.21 2.5
Income return 0 0 0 0 0 0 0 0

Market index (Bloomberg AusBond Bank 0+Y TR AUD)

Total return 0.15 0.44 0.87 1.79 2.01 2.19 2.49 3.85

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 0%
Cash 5.58%
Property 0%
Fixed Interest 93.52%
Alternatives 0.90%
Asset Allocation

Objectives and Strategy

The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 2 year periods. The return is also expected to be higher than cash investments. At the same time, the portfolio aims to preserve your investment over 1 year periods.
The portfolio is broadly diversified across different types of fixed income securities and investment managers in Australia and around the world. The securities in the portfolio are predominantly investment grade and have an average term to maturity of up to 1.25 years. You can use the portfolio for your whole portfolio or add it to other investments.

Offer information

Indirect Cost Ratio (ICR) 0.35% (as at 30 Jun 2016)
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2017)

Holding Type % of Portfolio
110449 Irs S 2-061 Flt S Au06m29/09/2018 Rec Fix Interest Rate Swap 6.80%
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