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  5. MLC MKSF - Horizon 3 Conservative Growth - Managed fund profile

MLC MKSF - Horizon 3 Conservative Growth - Managed Fund (Closed)

Fund Objective
The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 3 year periods. MLC aims to achieve this by actively managing the portfolio. This includes reducing risk in the portfolio if market risk is high. As a result, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets.
Fund Strategy
The portfolio has an approximately equal exposure to growth and defensive assets. The allocations to these assets are actively managed within defined ranges, in accordance with MLC's changing view of potential risks and opportunities in investment markets.

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 -0.08% 1.93% 3.19% 5.1% 0.48% 4.72% 3.91% 5.11%
Growth return -0.08% 1.93% 3.19% 5.1% 0.48% 4.72% 3.91% 5.11%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.42% 4.1% 5.63% 9.6% 10.37% 9.02% 6.33% 6.31%
As at 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKSF - Horizon 3 Conservative Growth
Australian Equities
15.20%
International Equities
23.25%
Cash
3.90%
Property & Infrastructure
1.94%
Fixed Interest
32.24%
Alternatives
23.47%
Average Allocation of Peers
Australian Equities
16.39%
International Equities
27.86%
Cash
8.26%
Property & Infrastructure
3.78%
Fixed Interest
36.21%
Alternatives
7.50%

General Information

Fund Details
Type Description
MLC MKSF - Horizon 3 Conservative Growth
Closed
NULIS Nominees (Australia) Limited
Multisector Balanced
starstarstar (as at 31 Aug 2023)
Superannuation Fund
4 Dec 2006
$616.81 million (as at 31 Aug 2023)
$31.68456 (as at 15 Sep 2023)
$31.62124 (as at 15 Sep 2023)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 1.57% (as at 30 Sep 2022)
Indirect Cost Ratio (ICR) 1.94% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.39
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2023)

Holding (as at 31 Aug 2023) Type % of Portfolio
Ardea Composite Bond Fund Class F Alternatives - Private Equity 3.12%
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FAQs about the MLC MKSF - Horizon 3 Conservative Growth

The objective of the MLC MKSF - Horizon 3 Conservative Growth managed fund is The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 3 year periods. MLC aims to achieve this by actively managing the portfolio. This includes reducing risk in the portfolio if market risk is high. As a result, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets.

The strategy of the MLC MKSF - Horizon 3 Conservative Growth managed fund is The portfolio has an approximately equal exposure to growth and defensive assets. The allocations to these assets are actively managed within defined ranges, in accordance with MLC's changing view of potential risks and opportunities in investment markets.

The APIR code of the MLC MKSF - Horizon 3 Conservative Growth managed fund is .

MLC MKSF - Horizon 3 Conservative Growth’s total return last month was -0.08%. This was made up of a growth return of -0.08% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

MLC MKSF - Horizon 3 Conservative Growth’s total return for the last three months was 1.93%. This was made up of a growth return of 1.93% and an income return of 0%%. These returns were calculated as at 31 Aug 2023.

MLC MKSF - Horizon 3 Conservative Growth’s one-year total return is 5.1%. This was made up of a growth return of 5.1% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

MLC MKSF - Horizon 3 Conservative Growth’s one-year total return is 4.72%. This was made up of a growth return of 4.72% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

The asset allocation of the MLC MKSF - Horizon 3 Conservative Growth managed fund is :

Australian Equities
15.20%
International Equities
23.25%
Cash
3.90%
Property & Infrastructure
1.94%
Fixed Interest
32.24%
Alternatives
23.47%

The Responsible Entity for the MLC MKSF - Horizon 3 Conservative Growth managed fund is NULIS Nominees (Australia) Limited.

The MLC MKSF - Horizon 3 Conservative Growth managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Aug 2023, the size of the MLC MKSF - Horizon 3 Conservative Growth managed fund was $616.81 million.

The MLC MKSF - Horizon 3 Conservative Growth managed fund has an inception date of 4 Dec 2006.

The current entry price of the MLC MKSF - Horizon 3 Conservative Growth managed fund is $31.68456 per unit and the current exit price is $31.62124 per unit (as at 15 Sep 2023).

The current exit price of the MLC MKSF - Horizon 3 Conservative Growth managed fund is $31.62124 per unit and the current entry price is $31.68456 per unit (as at 15 Sep 2023).

The minimum initial investment amount for the MLC MKSF - Horizon 3 Conservative Growth 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.