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  5. MLC MasterKey Allocated Pension Horizon 1 - Bond Fund - Managed fund profile

MLC MasterKey Allocated Pension Horizon 1 - Bond Fund - Managed Fund (Closed)

Fund Objective
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.
Fund Strategy
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.

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 0.52% -1.09% -0.96% -0.65% 0.33% 0.39% 0.75% 1.99%
Growth return 0.52% -1.09% -0.96% -0.65% 0.33% 0.39% 0.75% 1.99%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 31 May 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Allocated Pension Horizon 1 - Bond Fund
International Equities
0%
Cash
2.36%
Fixed Interest
80.33%
Alternatives
17.31%
Australian Equities
0%
Average Allocation of Peers
International Equities
0.03%
Cash
20.08%
Fixed Interest
79.20%
Alternatives
0.66%
Australian Equities
0.03%

General Information

Fund Details
Type Description
MLC MasterKey Allocated Pension Horizon 1 - Bond Fund
Closed
MLC Nominees Pty Ltd
MLC0194AU
Australian Short Term Fixed Interest
starstarstar (as at 31 May 2020)
Allocated Pension
1 Aug 1997
$6.64 million (as at 31 May 2020)
$13.56115 (as at 22 Jun 2020)
$13.56115 (as at 22 Jun 2020)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 1.75% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 1.75% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2022)

Holding (as at 30 Jun 2022) Type % of Portfolio
Ardea Global Alpha Plus Fund -Class C Alternatives - Private Equity 2.47%
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FAQs about the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund

The objective of the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund is 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 strategy of the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund is 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.

The APIR code of the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund is MLC0194AU.

MLC MasterKey Allocated Pension Horizon 1 - Bond Fund’s total return last month was 0.52%. This was made up of a growth return of 0.52% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension Horizon 1 - Bond Fund’s total return for the last three months was -1.09%. This was made up of a growth return of -1.09% and an income return of 0%%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension Horizon 1 - Bond Fund’s one-year total return is -0.65%. This was made up of a growth return of -0.65% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension Horizon 1 - Bond Fund’s one-year total return is 0.39%. This was made up of a growth return of 0.39% and an income return of 0%. These returns were calculated as at 31 May 2020.

The asset allocation of the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund is :

International Equities
0%
Cash
2.36%
Fixed Interest
80.33%
Alternatives
17.31%
Australian Equities
0%

The Responsible Entity for the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund is MLC Nominees Pty Ltd.

The MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 31 May 2020, the size of the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund was $6.64 million.

The MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund has an inception date of 1 Aug 1997.

The current entry price of the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund is $13.56115 per unit and the current exit price is $13.56115 per unit (as at 22 Jun 2020).

The current exit price of the MLC MasterKey Allocated Pension Horizon 1 - Bond Fund managed fund is $13.56115 per unit and the current entry price is $13.56115 per unit (as at 22 Jun 2020).

The minimum initial investment amount for the MLC MasterKey Allocated Pension Horizon 1 - Bond 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.