InvestSMART

MLC MasterKey Investment Bond (Five Star) - Cash Fund - Managed Fund

Fund Objective
Invests in a range of short-term securities issued by Australian governments; banks and corporate borrowers.
Fund Strategy
Invests in a range of short-term securities issued by Australian governments; banks and corporate borrowers.

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.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% 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.
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% 0% 0% 0% 0% 0.02% 0.38% 1.16%
Growth return 0% 0% 0% 0% 0% 0.02% 0.38% 1.16%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 31 May 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Investment Bond (Five Star) - Cash Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
55.89%
Australian Equities
4.87%
International Equities
2.86%
Property & Infrastructure
1.98%
Fixed Interest
15.53%
Alternatives
18.87%

General Information

Fund Details
Type Description
MLC MasterKey Investment Bond (Five Star) - Cash Fund
MLC0232AU
Australian Cash
star (as at 31 Mar 2013)
Investment Fund
20 Jan 1989
$2.24 million (as at 28 Feb 2026)
$9.39495 (as at 28 Apr 2026)
$9.39495 (as at 28 Apr 2026)
Closed
Offer information
Type Description
MER 2.87% (as at 20 May 2025)
Indirect Cost Ratio (ICR) 2.87% (as at 30 Jun 2020)
Minimum initial investment $5,000.00
Minimum additional investments $300.00
Minimum redemption amount
Your guide to next steps

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

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) - Cash Fund

The objective of the MLC MasterKey Investment Bond (Five Star) - Cash Fund managed fund is Invests in a range of short-term securities issued by Australian governments; banks and corporate borrowers.

The strategy of the MLC MasterKey Investment Bond (Five Star) - Cash Fund managed fund is Invests in a range of short-term securities issued by Australian governments; banks and corporate borrowers.

The APIR code of the MLC MasterKey Investment Bond (Five Star) - Cash Fund managed fund is MLC0232AU.

MLC MasterKey Investment Bond (Five Star) - Cash Fund’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 May 2016.

MLC MasterKey Investment Bond (Five Star) - Cash Fund’s total return for the last three months was 0%. This was made up of a growth return of 0% and an income return of 0%%. These returns were calculated as at 31 May 2016.

MLC MasterKey Investment Bond (Five Star) - Cash Fund’s one-year total return is 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 May 2016.

MLC MasterKey Investment Bond (Five Star) - Cash Fund’s one-year total return is 0.02%. This was made up of a growth return of 0.02% and an income return of 0%. These returns were calculated as at 31 May 2016.

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

Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The MLC MasterKey Investment Bond (Five Star) - Cash Fund managed fund belongs to the Australian Cash sector/asset class.

As at 28 Feb 2026, the size of the MLC MasterKey Investment Bond (Five Star) - Cash Fund managed fund was $2.24 million.

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

The current entry price of the MLC MasterKey Investment Bond (Five Star) - Cash Fund managed fund is $9.39495 per unit and the current exit price is $9.39495 per unit (as at 28 Apr 2026).

The current exit price of the MLC MasterKey Investment Bond (Five Star) - Cash Fund managed fund is $9.39495 per unit and the current entry price is $9.39495 per unit (as at 28 Apr 2026).

The minimum initial investment amount for the MLC MasterKey Investment Bond (Five Star) - Cash Fund 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.