General Information

MLC MKey AP Horizon 2 - Capital Stable
MLC Nominees Pty Ltd
MLC0200AU
Multisector Moderate
starstarstar (as at 31 Jul 2017)
Allocated Pension
1 Aug 1997
$73.71 million (as at 31 Jul 2017)
$15.1932 (as at 18 Aug 2017)
$15.1932 (as at 18 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 -0.06 -0.18 2.1 3.4 2.02 3.57 5.19 3.71
Growth return -0.06 -0.18 2.1 3.4 2.02 3.57 5.19 3.71
Income return 0 0 0 0 0 0 0 0

Market index (Morningstar Aus Msec Moderate TR AUD)

Total return -0.04 -0.38 2.37 2 3.51 5.23 6.81 5.12
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Fund Performance Comparison

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Relative Fund Performance

Asset Allocation (31 Jul 2017)

Australian Equities 9.03%
International Equities 12.79%
Cash 5.86%
Property 0.54%
Fixed Interest 66.40%
Alternatives 5.38%
Asset Allocation

Objectives and Strategy

The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 3 year periods. MLC aims to achieve this by actively managing the portfolio. This includes reducing risk in the portfolio if market risk is high. As a result, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets.
The portfolio has a strong bias to defensive assets and some exposure to growth assets. You'll always know where your money is invested because the allocations to these assets are actively managed within defined ranges, in accordance with our changing view of potential risks and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

Offer information

Standard entry fee 5%
Indirect Cost Ratio (ICR) 0.40% (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
Australia(Cmnwlth) 4% Bond-Gov't Inflation Protected 4.68%
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