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  5. MLC MasterKey Business Super - MLC Fixed Interest - Managed fund profile

MLC MasterKey Business Super - MLC Fixed Interest - Managed Fund

Fund Objective
The fund is designed to be a complete portfolio for the fixed income asset class, and aims to deliver growth by using investment managers that invest and diversify across many companies and securities within that asset class.
Fund Strategy
The fund is diversified across different types of fixed income securities in Australia and around the world. The securities are predominantly investment grade and typically longer dated. The average term to maturity is normally in the range of three to six years.

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 0.93% 0.45% 4.45% 2.3% -0.55% -1.89% -0.36% 1.2%
Growth return 0.93% 0.45% 4.45% 2.3% -0.55% -1.89% -0.36% 1.2%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (MorningstarAus BBG AuBd Cmp/BCGA TR HAUD)
Total return 0.97% 0.35% 4.98% 2.01% -0.32% -1.82% 0.04% 2.47%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Business Super - MLC Fixed Interest
Australian Equities
0.01%
International Equities
0.32%
Cash
2.16%
Fixed Interest
81.15%
Alternatives
16.35%
Average Allocation of Peers
Australian Equities
0%
International Equities
0.05%
Cash
6.51%
Fixed Interest
92.07%
Alternatives
1.37%

General Information

Fund Details
Type Description
MLC MasterKey Business Super - MLC Fixed Interest
NULIS Nominees (Australia) Limited
MLC0902AU
Bonds - Global / Australia
starstar (as at 31 Mar 2024)
Superannuation Fund
10 Sep 2012
$97.47 million (as at 29 Feb 2024)
$16.16022 (as at 22 Apr 2024)
$16.12792 (as at 22 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.16% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
Ardea Composite Bond Fund Class F Alternatives - Private Equity 13.97%
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FAQs about the MLC MasterKey Business Super - MLC Fixed Interest

The objective of the MLC MasterKey Business Super - MLC Fixed Interest managed fund is The fund is designed to be a complete portfolio for the fixed income asset class, and aims to deliver growth by using investment managers that invest and diversify across many companies and securities within that asset class.

The strategy of the MLC MasterKey Business Super - MLC Fixed Interest managed fund is The fund is diversified across different types of fixed income securities in Australia and around the world. The securities are predominantly investment grade and typically longer dated. The average term to maturity is normally in the range of three to six years.

The APIR code of the MLC MasterKey Business Super - MLC Fixed Interest managed fund is MLC0902AU.

MLC MasterKey Business Super - MLC Fixed Interest’s total return last month was 0.93%. This was made up of a growth return of 0.93% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC MasterKey Business Super - MLC Fixed Interest’s total return for the last three months was 0.45%. This was made up of a growth return of 0.45% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

MLC MasterKey Business Super - MLC Fixed Interest’s one-year total return is 2.3%. This was made up of a growth return of 2.3% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC MasterKey Business Super - MLC Fixed Interest’s one-year total return is -1.89%. This was made up of a growth return of -1.89% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the MLC MasterKey Business Super - MLC Fixed Interest managed fund is :

Australian Equities
0.01%
International Equities
0.32%
Cash
2.16%
Fixed Interest
81.15%
Alternatives
16.35%

The Responsible Entity for the MLC MasterKey Business Super - MLC Fixed Interest managed fund is NULIS Nominees (Australia) Limited.

The MLC MasterKey Business Super - MLC Fixed Interest managed fund belongs to the Bonds - Global / Australia sector/asset class.

As at 29 Feb 2024, the size of the MLC MasterKey Business Super - MLC Fixed Interest managed fund was $97.47 million.

The MLC MasterKey Business Super - MLC Fixed Interest managed fund has an inception date of 10 Sep 2012.

The current entry price of the MLC MasterKey Business Super - MLC Fixed Interest managed fund is $16.16022 per unit and the current exit price is $16.12792 per unit (as at 22 Apr 2024).

The current exit price of the MLC MasterKey Business Super - MLC Fixed Interest managed fund is $16.12792 per unit and the current entry price is $16.16022 per unit (as at 22 Apr 2024).

The minimum initial investment amount for the MLC MasterKey Business Super - MLC Fixed Interest managed fund is $0. 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.