InvestSMART

MLC MasterKey Investment Bond (Five Star) - Australian Share - Managed Fund

Fund Objective
To provide long term growth.
Fund Strategy
Invests in a diversified range of Australian shares.

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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.18% 0.91% 7.18% 4.65% 10.08% 7.41% 7.59% 6.14%
Growth return -0.18% 0.91% 7.18% 4.65% 10.08% 7.41% 7.59% 6.14%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return 0.39% 2.7% 11.09% 12.46% 18.51% 13.08% 12.64% 9.68%
As at 31 Oct 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

General Information

Fund Details
Type Description
MLC MasterKey Investment Bond (Five Star) - Australian Share
MLC Limited
MLC0238AU
Equity Australia Large Blend
starstarstar (as at 31 Oct 2025)
Investment Fund
20 Jan 1989
$2.71 million (as at 31 Oct 2025)
$45.96402 (as at 18 Nov 2025)
$45.96402 (as at 18 Nov 2025)
Closed
Offer information
Type Description
MER 3.21% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 3.10% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments $300.00

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025) Type % of Portfolio
MultiMix Wholesale Australian Shares Tr Mutual Fund - Open End 99.98%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the MLC MasterKey Investment Bond (Five Star) - Australian Share

The objective of the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund is To provide long term growth.

The strategy of the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund is Invests in a diversified range of Australian shares.

The APIR code of the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund is MLC0238AU.

MLC MasterKey Investment Bond (Five Star) - Australian Share’s total return last month was -0.18%. This was made up of a growth return of -0.18% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

MLC MasterKey Investment Bond (Five Star) - Australian Share’s total return for the last three months was 0.91%. This was made up of a growth return of 0.91% and an income return of 0%%. These returns were calculated as at 31 Oct 2025.

MLC MasterKey Investment Bond (Five Star) - Australian Share’s one-year total return is 4.65%. This was made up of a growth return of 4.65% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

MLC MasterKey Investment Bond (Five Star) - Australian Share’s one-year total return is 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 Oct 2025.

The asset allocation of the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund is :

Australian Equities
88.56%
International Equities
9.44%
Cash
1.99%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund is MLC Limited.

The MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Oct 2025, the size of the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund was $2.71 million.

The MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund has an inception date of 20 Jan 1989.

The current entry price of the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund is $45.96402 per unit and the current exit price is $45.96402 per unit (as at 18 Nov 2025).

The current exit price of the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund is $45.96402 per unit and the current entry price is $45.96402 per unit (as at 18 Nov 2025).

The minimum initial investment amount for the MLC MasterKey Investment Bond (Five Star) - Australian Share managed fund is $5,000. Minimum additional investment is $300.

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.