MLC MKSF - MLC Conservative Balanced - Managed Fund

Fund Objective

Aims to grow by more than inflation 2.25% pa (after fees and tax) over 7 years.

Fund Strategy

A diversified portfolio that has a balanced weighting towards the more traditionally stable, defensive asset classes of cash and fixed income, and those assets that tend to provide higher levels of long-term growth (eg shares). Our investment experts actively adjust the asset weightings to improve return potential or reduce its risk.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% 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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.43%	3.81%	5.4%	8.94%	8.87%	-%	-%	-%
Growth return	1.43%	3.81%	5.4%	8.94%	8.87%	-%	-%	-%
Income return	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 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKSF - MLC Conservative Balanced

Australian Equities: 15.96%

International Equities: 25.25%

Cash: 3.95%

Property & Infrastructure: 2.07%

Fixed Interest: 31.85%

Alternatives: 20.93%

Average Allocation of Peers

Australian Equities: 16.38%

International Equities: 27.94%

Cash: 8.21%

Property & Infrastructure: 3.77%

Fixed Interest: 36.19%

Alternatives: 7.51%

General Information

Fund Details

Type	Description
Fund Name	MLC MKSF - MLC Conservative Balanced
Responsible Entity	NULIS Nominees (Australia) Limited
APIR Code	NUL6743AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	Not Rated
Legal Structure	Superannuation Fund
Fund Inception	26 May 2023
Fund Size	$702.92 million (as at 31 Aug 2025)
Entry Price	$1.21005 (as at 15 Sep 2025)
Exit Price	$1.20763 (as at 15 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	1.13% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR)	1.21% (as at 30 Jun 2024)
Performance fee (not included in ICR)	0.09

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025)	Type	% of Portfolio
MCP Real Estate Debt	Mutual Fund - Open End	2.15%
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FAQs about the MLC MKSF - MLC Conservative Balanced

What is the objective of the MLC MKSF - MLC Conservative Balanced managed fund?

The objective of the MLC MKSF - MLC Conservative Balanced managed fund is Aims to grow by more than inflation + 2.25% pa (after fees and tax) over 7 years.

What is the strategy for the MLC MKSF - MLC Conservative Balanced managed fund?

The strategy of the MLC MKSF - MLC Conservative Balanced managed fund is A diversified portfolio that has a balanced weighting towards the more traditionally stable, defensive asset classes of cash and fixed income, and those assets that tend to provide higher levels of long-term growth (eg shares). Our investment experts actively adjust the asset weightings to improve return potential or reduce its risk.

What is the APIR code of the MLC MKSF - MLC Conservative Balanced managed fund?

The APIR code of the MLC MKSF - MLC Conservative Balanced managed fund is NUL6743AU.

What was MLC MKSF - MLC Conservative Balanced’s total return last month?

MLC MKSF - MLC Conservative Balanced’s total return last month was 1.43%. This was made up of a growth return of 1.43% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was MLC MKSF - MLC Conservative Balanced’s total return for the last three months?

MLC MKSF - MLC Conservative Balanced’s total return for the last three months was 3.81%. This was made up of a growth return of 3.81% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

What is MLC MKSF - MLC Conservative Balanced’s one-year total return?

MLC MKSF - MLC Conservative Balanced’s one-year total return is 8.94%. This was made up of a growth return of 8.94% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What is MLC MKSF - MLC Conservative Balanced’s three-year total return?

MLC MKSF - MLC Conservative Balanced’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the MLC MKSF - MLC Conservative Balanced managed fund?

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

Australian Equities: 15.96%

International Equities: 25.25%

Cash: 3.95%

Property & Infrastructure: 2.07%

Fixed Interest: 31.85%

Alternatives: 20.93%

Who is the responsible Entity of the MLC MKSF - MLC Conservative Balanced managed fund?

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

What sector/asset class does the MLC MKSF - MLC Conservative Balanced managed fund belong to?

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

What is the size of the MLC MKSF - MLC Conservative Balanced managed fund?

As at 31 Aug 2025, the size of the MLC MKSF - MLC Conservative Balanced managed fund was $702.92 million.

What is the inception date of the MLC MKSF - MLC Conservative Balanced managed fund?

The MLC MKSF - MLC Conservative Balanced managed fund has an inception date of 26 May 2023.

What is the current entry price of the MLC MKSF - MLC Conservative Balanced managed fund?

The current entry price of the MLC MKSF - MLC Conservative Balanced managed fund is $1.21005 per unit and the current exit price is $1.20763 per unit (as at 15 Sep 2025).

What is the current exit price of the MLC MKSF - MLC Conservative Balanced managed fund?

The current exit price of the MLC MKSF - MLC Conservative Balanced managed fund is $1.20763 per unit and the current entry price is $1.21005 per unit (as at 15 Sep 2025).

What is the minimum investment amount for the MLC MKSF - MLC Conservative Balanced managed fund?

The minimum initial investment amount for the MLC MKSF - MLC Conservative Balanced managed fund is $.

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.

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