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MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio - Managed Fund (Closed)

Fund Objective
The portfolio aims to deliver a return of 6% pa above inflation (before fees and tax) over 7 year periods by limiting the risk of negative returns over this timeframe. This careful risk management approach means there may be times when the portfolio doesn't achieve its return objective. In most circumstances the portfolio is expected to provide a positive return over 7 year periods.
Fund Strategy
The key aspects of the way we manage the portfolio are: Flexible asset allocation, Diversification, Strong focus on risk management. MLC expects that by managing the portfolio in this way, movements in the portfolio' value should be less significant.

Fund Performance Comparison

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Fees Comparison

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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 0.54% -2.61% -3.35% 1.97% 2.91% 3.12% 3.16% 6.93%
Growth return 0.54% -2.61% -3.35% 1.97% 2.91% 3.12% 3.16% 6.93%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.19% 3.31% 8.38% 11.09% 13.93% 10.07% 6.83% 6.33%
As at 31 May 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio
Australian Equities
14%
International Equities
26.42%
Cash
15.43%
Property & Infrastructure
1.56%
Fixed Interest
19.80%
Alternatives
22.80%
Average Allocation of Peers
Australian Equities
16.51%
International Equities
28.73%
Cash
7.53%
Property & Infrastructure
3.74%
Fixed Interest
35.56%
Alternatives
7.94%

General Information

Fund Details
Type Description
MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio
Closed
MLC Nominees Pty Ltd
MLC0657AU
Multisector Flexible
starstarstar (as at 31 May 2020)
Allocated Pension
5 Dec 2005
$3 million (as at 31 May 2020)
$9.53415 (as at 22 Jun 2020)
$9.53415 (as at 22 Jun 2020)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 2.85% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 2.85% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000

Top 10 holdings (as at 31 Aug 2023)

Holding (as at 31 Aug 2023) Type % of Portfolio
Hedged Index Global Infrastructure Secs Mutual Fund - Open End 3.91%
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FAQs about the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio

The objective of the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund is The portfolio aims to deliver a return of 6% pa above inflation (before fees and tax) over 7 year periods by limiting the risk of negative returns over this timeframe. This careful risk management approach means there may be times when the portfolio doesn't achieve its return objective. In most circumstances the portfolio is expected to provide a positive return over 7 year periods.

The strategy of the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund is The key aspects of the way we manage the portfolio are: Flexible asset allocation, Diversification, Strong focus on risk management. MLC expects that by managing the portfolio in this way, movements in the portfolio' value should be less significant.

The APIR code of the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund is MLC0657AU.

MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio’s total return last month was 0.54%. This was made up of a growth return of 0.54% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio’s total return for the last three months was -2.61%. This was made up of a growth return of -2.61% and an income return of 0%%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio’s one-year total return is 1.97%. This was made up of a growth return of 1.97% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio’s one-year total return is 3.12%. This was made up of a growth return of 3.12% and an income return of 0%. These returns were calculated as at 31 May 2020.

The asset allocation of the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund is :

Australian Equities
14%
International Equities
26.42%
Cash
15.43%
Property & Infrastructure
1.56%
Fixed Interest
19.80%
Alternatives
22.80%

The Responsible Entity for the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund is MLC Nominees Pty Ltd.

The MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund belongs to the Multisector Flexible sector/asset class.

As at 31 May 2020, the size of the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund was $3 million.

The MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund has an inception date of 5 Dec 2005.

The current entry price of the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund is $9.53415 per unit and the current exit price is $9.53415 per unit (as at 22 Jun 2020).

The current exit price of the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund is $9.53415 per unit and the current entry price is $9.53415 per unit (as at 22 Jun 2020).

The minimum initial investment amount for the MLC MasterKey Allocated Pension (Gold Star) - Inflation Plus Assertive Portfolio managed fund is $20,000.

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.