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  5. MLC MKSF - MLC Property - Managed fund profile

MLC MKSF - MLC Property - Managed Fund

Fund Objective
The fund is designed to be a complete portfolio for the global property securities asset class, and aims to deliver growth by using investment managers that invest and diversify across many Real Estate Investment Trusts and companies within that asset class.
Fund Strategy
The fund invests primarily in property securities around the world, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It doesn't normally invest in direct property. Foreign currency exposures will generally be substantially hedged to the Australian dollar.

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 2.6% -1.7% 11.07% 7.93% -8.71% -1.13% -2.07% 3.06%
Growth return 2.6% -1.7% 11.07% 7.93% -8.71% -1.13% -2.07% 3.06%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (UBS Global Investors Ex AUS NR Hdg AUD)
Total return -0.66% -3.15% 4.21% 14.82% 13.19% 16.95% 16.58% 7.77%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKSF - MLC Property
Australian Equities
0.16%
International Equities
29.91%
Cash
1.97%
Property
67.96%
Alternatives
0%
Average Allocation of Peers
Australian Equities
0.20%
International Equities
7.29%
Cash
1.90%
Property
90.61%
Alternatives
0%

General Information

Fund Details
Type Description
MLC MKSF - MLC Property
NULIS Nominees (Australia) Limited
MLC0831AU
Equity Global Real Estate
starstar (as at 31 Mar 2024)
Superannuation Fund
22 Jun 2007
$16.44 million (as at 29 Feb 2024)
$14.79263 (as at 18 Apr 2024)
$14.76307 (as at 18 Apr 2024)
Open
Offer information
Type Description
Standard entry fee 5%
Indirect Cost Ratio (ICR) 1.30% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Prologis Inc Equity - REIT 6.53%
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FAQs about the MLC MKSF - MLC Property

The objective of the MLC MKSF - MLC Property managed fund is The fund is designed to be a complete portfolio for the global property securities asset class, and aims to deliver growth by using investment managers that invest and diversify across many Real Estate Investment Trusts and companies within that asset class.

The strategy of the MLC MKSF - MLC Property managed fund is The fund invests primarily in property securities around the world, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It doesn't normally invest in direct property. Foreign currency exposures will generally be substantially hedged to the Australian dollar.

The APIR code of the MLC MKSF - MLC Property managed fund is MLC0831AU.

MLC MKSF - MLC Property’s total return last month was 2.6%. This was made up of a growth return of 2.6% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC MKSF - MLC Property’s total return for the last three months was -1.7%. This was made up of a growth return of -1.7% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

MLC MKSF - MLC Property’s one-year total return is 7.93%. This was made up of a growth return of 7.93% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC MKSF - MLC Property’s one-year total return is -1.13%. This was made up of a growth return of -1.13% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the MLC MKSF - MLC Property managed fund is :

Australian Equities
0.16%
International Equities
29.91%
Cash
1.97%
Property
67.96%
Alternatives
0%

The Responsible Entity for the MLC MKSF - MLC Property managed fund is NULIS Nominees (Australia) Limited.

The MLC MKSF - MLC Property managed fund belongs to the Equity Global Real Estate sector/asset class.

As at 29 Feb 2024, the size of the MLC MKSF - MLC Property managed fund was $16.44 million.

The MLC MKSF - MLC Property managed fund has an inception date of 22 Jun 2007.

The current entry price of the MLC MKSF - MLC Property managed fund is $14.79263 per unit and the current exit price is $14.76307 per unit (as at 18 Apr 2024).

The current exit price of the MLC MKSF - MLC Property managed fund is $14.76307 per unit and the current entry price is $14.79263 per unit (as at 18 Apr 2024).

The minimum initial investment amount for the MLC MKSF - MLC Property managed fund is $1,000. 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.