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MLC MasterKey Allocated Pension Horizon 6 - Shares - Managed Fund (Closed)

Fund Objective
The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 5 year periods. It aims to achieve this return while keeping volatility (movements up and down in value) at levels similar to the benchmark.
Fund Strategy
The portfolio invests in growth assets and may have minimal exposure to defensive assets through its alternative investments. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across growth asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

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 2.24% -7.41% -10.96% -2.74% 2.56% 4.76% 5.12% 8.52%
Growth return 2.24% -7.41% -10.96% -2.74% 2.56% 4.76% 5.12% 8.52%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 0.97% 5.51% 13.03% 13.77% 17.74% 16.6% 12.23% 10.25%
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 6 - Shares
Australian Equities
34.91%
International Equities
40.83%
Cash
3.41%
Property & Infrastructure
3.34%
Fixed Interest
3.07%
Alternatives
14.45%
Average Allocation of Peers
Australian Equities
34.05%
International Equities
49.68%
Cash
2.42%
Property & Infrastructure
4.88%
Fixed Interest
5.38%
Alternatives
3.60%

General Information

Fund Details
Type Description
MLC MasterKey Allocated Pension Horizon 6 - Shares
Closed
MLC Nominees Pty Ltd
MLC0311AU
Multisector Aggressive
starstarstarstar (as at 31 May 2020)
Allocated Pension
31 May 1998
$11.74 million (as at 31 May 2020)
$22.83352 (as at 22 Jun 2020)
$22.83352 (as at 22 Jun 2020)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 2.44% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 2.44% (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 31 Aug 2023)

Holding (as at 31 Aug 2023) Type % of Portfolio
BHP Group Ltd Equity 4%
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FAQs about the MLC MasterKey Allocated Pension Horizon 6 - Shares

The objective of the MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund is The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 5 year periods. It aims to achieve this return while keeping volatility (movements up and down in value) at levels similar to the benchmark.

The strategy of the MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund is The portfolio invests in growth assets and may have minimal exposure to defensive assets through its alternative investments. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across growth asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The APIR code of the MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund is MLC0311AU.

MLC MasterKey Allocated Pension Horizon 6 - Shares’s total return last month was 2.24%. This was made up of a growth return of 2.24% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension Horizon 6 - Shares’s total return for the last three months was -7.41%. This was made up of a growth return of -7.41% and an income return of 0%%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension Horizon 6 - Shares’s one-year total return is -2.74%. This was made up of a growth return of -2.74% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension Horizon 6 - Shares’s one-year total return is 4.76%. This was made up of a growth return of 4.76% 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 6 - Shares managed fund is :

Australian Equities
34.91%
International Equities
40.83%
Cash
3.41%
Property & Infrastructure
3.34%
Fixed Interest
3.07%
Alternatives
14.45%

The Responsible Entity for the MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund is MLC Nominees Pty Ltd.

The MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 May 2020, the size of the MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund was $11.74 million.

The MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund has an inception date of 31 May 1998.

The current entry price of the MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund is $22.83352 per unit and the current exit price is $22.83352 per unit (as at 22 Jun 2020).

The current exit price of the MLC MasterKey Allocated Pension Horizon 6 - Shares managed fund is $22.83352 per unit and the current entry price is $22.83352 per unit (as at 22 Jun 2020).

The minimum initial investment amount for the MLC MasterKey Allocated Pension Horizon 6 - Shares 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.