MLC MasterKey Allocated Pension - Investors Mutual Australian Shares - Managed Fund (Closed)

Fund Objective

To provide a return (after fees and expenses and before taxes) which exceeds the S&P/ASX 300 Accumulation Index, over rolling four year periods.

Fund Strategy

The Fund invests in a diversified portfolio of quality Australian companies that display four characteristics: a sustainable competitive advantage, recurring earnings, capable management and the ability to grow over time. Investors Mutual Limited believes in purchasing quality companies at attractive prices when a company's price is below its long-term value.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

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.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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	4.18%	-12.19%	-15.89%	-9.06%	-0.66%	0.34%	2.8%	8.04%
Growth return	4.18%	-12.19%	-15.89%	-9.06%	-0.66%	0.34%	2.8%	8.04%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (S&P/ASX 200 TR AUD)
Total return	3.1%	7.03%	11.65%	14.74%	14.82%	13.04%	12.32%	9.87%

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

Asset Allocation

MLC MasterKey Allocated Pension - Investors Mutual Australian Shares

Australian Equities: 93.81%

Cash: 6.19%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 93.72%

Cash: -0.78%

International Equities: 4.82%

Property & Infrastructure: 1.41%

Fixed Interest: 0.26%

Alternatives: 0.58%

General Information

Fund Details

Type	Description
Fund Name	MLC MasterKey Allocated Pension - Investors Mutual Australian Shares
Fund Status	Closed
Responsible Entity	MLC Nominees Pty Ltd
APIR Code	MLC0486AU
Sector/Asset Class	Equity Australia Large Blend
Morningstar Rating	(as at 31 May 2020)
Legal Structure	Allocated Pension
Fund Inception	1 Oct 2003
Fund Size	$4.89 million (as at 31 May 2020)
Entry Price	$17.03253 (as at 22 Jun 2020)
Exit Price	$17.03253 (as at 22 Jun 2020)
Fund Status	Finalised

Offer information

Type	Description
Standard entry fee	5%
MER	2.40% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR)	2.40% (as at 30 Jun 2019)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$1,000.00

Top 10 holdings (as at 31 Aug 2025)

Holding (as at 31 Aug 2025)	Type	% of Portfolio
Commonwealth Bank of Australia	Equity	10.50%
Login now to view the complete list of holdings.

FAQs about the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares

What is the objective of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

The objective of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund is To provide a return (after fees and expenses and before taxes) which exceeds the S&P/ASX 300 Accumulation Index, over rolling four year periods.

What is the strategy for the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

The strategy of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund is The Fund invests in a diversified portfolio of quality Australian companies that display four characteristics: a sustainable competitive advantage, recurring earnings, capable management and the ability to grow over time. Investors Mutual Limited believes in purchasing quality companies at attractive prices when a company's price is below its long-term value.

What is the APIR code of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

The APIR code of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund is MLC0486AU.

What was MLC MasterKey Allocated Pension - Investors Mutual Australian Shares’s total return last month?

MLC MasterKey Allocated Pension - Investors Mutual Australian Shares’s total return last month was 4.18%. This was made up of a growth return of 4.18% and an income return of 0%. These returns were calculated as at 31 May 2020.

What was MLC MasterKey Allocated Pension - Investors Mutual Australian Shares’s total return for the last three months?

MLC MasterKey Allocated Pension - Investors Mutual Australian Shares’s total return for the last three months was -12.19%. This was made up of a growth return of -12.19% and an income return of 0%%. These returns were calculated as at 31 May 2020.

What is MLC MasterKey Allocated Pension - Investors Mutual Australian Shares’s one-year total return?

MLC MasterKey Allocated Pension - Investors Mutual Australian Shares’s one-year total return is -9.06%. This was made up of a growth return of -9.06% and an income return of 0%. These returns were calculated as at 31 May 2020.

What is MLC MasterKey Allocated Pension - Investors Mutual Australian Shares’s three-year total return?

MLC MasterKey Allocated Pension - Investors Mutual Australian Shares’s one-year total return is 0.34%. This was made up of a growth return of 0.34% 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 - Investors Mutual Australian Shares managed fund?

The asset allocation of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund is :

Australian Equities: 93.81%

Cash: 6.19%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

The Responsible Entity for the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund is MLC Nominees Pty Ltd.

What sector/asset class does the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund belong to?

The MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund belongs to the Equity Australia Large Blend sector/asset class.

What is the size of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

As at 31 May 2020, the size of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund was $4.89 million.

What is the inception date of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

The MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund has an inception date of 1 Oct 2003.

What is the current entry price of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

The current entry price of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund is $17.03253 per unit and the current exit price is $17.03253 per unit (as at 22 Jun 2020).

What is the current exit price of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

The current exit price of the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund is $17.03253 per unit and the current entry price is $17.03253 per unit (as at 22 Jun 2020).

What is the minimum investment amount for the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund?

The minimum initial investment amount for the MLC MasterKey Allocated Pension - Investors Mutual Australian Shares managed fund is $1,000.

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.

What our members say about us