MLC MasterKey Allocated Pension - Income Builder - Managed Fund (Closed)

Fund Objective

Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.

Fund Strategy

The fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The fund is expected to generated tax-effective returns by: investing in companies expected to have high franking levels, and carefully managing the realisation of capital gains.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	3.47%	-15.47%	-21.31%	-16.8%	-4.14%	-3.03%	-0.59%	6.22%
Growth return	3.47%	-15.47%	-21.31%	-16.8%	-4.14%	-3.03%	-0.59%	6.22%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (S&P/ASX 200 TR AUD)
Total return	-2.66%	-3.05%	3.77%	5.47%	14.09%	9.71%	9.87%	9.46%

As at 31 May 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Allocated Pension - Income Builder

Australian Equities: 99.72%

Alternatives: 0.28%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Average Allocation of Peers

Australian Equities: 95.12%

Alternatives: -0.05%

International Equities: 4.60%

Cash: -0.54%

Property & Infrastructure: 1.37%

Fixed Interest: -0.49%

General Information

Fund Details

Type	Description
Fund Name	MLC MasterKey Allocated Pension - Income Builder
Fund Status	Closed
Responsible Entity	MLC Nominees Pty Ltd
APIR Code	MLC0198AU
Sector/Asset Class	Equity Australia Large Value
Morningstar Rating	(as at 31 May 2020)
Legal Structure	Allocated Pension
Fund Inception	1 Aug 1997
Fund Size	$22.45 million (as at 31 May 2020)
Entry Price	$27.49745 (as at 22 Jun 2020)
Exit Price	$27.49745 (as at 22 Jun 2020)
Fund Status	Finalised

Offer information

Type	Description
Standard entry fee	5%
MER	2.08% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR)	2.08% (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 2025)

Holding (as at 31 Aug 2025)	Type	% of Portfolio
Westpac Banking Corp	Equity	9.16%
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FAQs about the MLC MasterKey Allocated Pension - Income Builder

What is the objective of the MLC MasterKey Allocated Pension - Income Builder managed fund?

The objective of the MLC MasterKey Allocated Pension - Income Builder managed fund is Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.

What is the strategy for the MLC MasterKey Allocated Pension - Income Builder managed fund?

The strategy of the MLC MasterKey Allocated Pension - Income Builder managed fund is The fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The fund is expected to generated tax-effective returns by: investing in companies expected to have high franking levels, and carefully managing the realisation of capital gains.

What is the APIR code of the MLC MasterKey Allocated Pension - Income Builder managed fund?

The APIR code of the MLC MasterKey Allocated Pension - Income Builder managed fund is MLC0198AU.

What was MLC MasterKey Allocated Pension - Income Builder’s total return last month?

MLC MasterKey Allocated Pension - Income Builder’s total return last month was 3.47%. This was made up of a growth return of 3.47% and an income return of 0%. These returns were calculated as at 31 May 2020.

What was MLC MasterKey Allocated Pension - Income Builder’s total return for the last three months?

MLC MasterKey Allocated Pension - Income Builder’s total return for the last three months was -15.47%. This was made up of a growth return of -15.47% and an income return of 0%%. These returns were calculated as at 31 May 2020.

What is MLC MasterKey Allocated Pension - Income Builder’s one-year total return?

MLC MasterKey Allocated Pension - Income Builder’s one-year total return is -16.8%. This was made up of a growth return of -16.8% and an income return of 0%. These returns were calculated as at 31 May 2020.

What is MLC MasterKey Allocated Pension - Income Builder’s three-year total return?

MLC MasterKey Allocated Pension - Income Builder’s one-year total return is -3.03%. This was made up of a growth return of -3.03% and an income return of 0%. These returns were calculated as at 31 May 2020.

What is the asset allocation of the MLC MasterKey Allocated Pension - Income Builder managed fund?

The asset allocation of the MLC MasterKey Allocated Pension - Income Builder managed fund is :

Australian Equities: 99.72%

Alternatives: 0.28%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the MLC MasterKey Allocated Pension - Income Builder managed fund?

The Responsible Entity for the MLC MasterKey Allocated Pension - Income Builder managed fund is MLC Nominees Pty Ltd.

What sector/asset class does the MLC MasterKey Allocated Pension - Income Builder managed fund belong to?

The MLC MasterKey Allocated Pension - Income Builder managed fund belongs to the Equity Australia Large Value sector/asset class.

What is the size of the MLC MasterKey Allocated Pension - Income Builder managed fund?

As at 31 May 2020, the size of the MLC MasterKey Allocated Pension - Income Builder managed fund was $22.45 million.

What is the inception date of the MLC MasterKey Allocated Pension - Income Builder managed fund?

The MLC MasterKey Allocated Pension - Income Builder managed fund has an inception date of 1 Aug 1997.

What is the current entry price of the MLC MasterKey Allocated Pension - Income Builder managed fund?

The current entry price of the MLC MasterKey Allocated Pension - Income Builder managed fund is $27.49745 per unit and the current exit price is $27.49745 per unit (as at 22 Jun 2020).

What is the current exit price of the MLC MasterKey Allocated Pension - Income Builder managed fund?

The current exit price of the MLC MasterKey Allocated Pension - Income Builder managed fund is $27.49745 per unit and the current entry price is $27.49745 per unit (as at 22 Jun 2020).

What is the minimum investment amount for the MLC MasterKey Allocated Pension - Income Builder managed fund?

The minimum initial investment amount for the MLC MasterKey Allocated Pension - Income Builder 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.

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