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MLC MKUT/MKIS - Horizon 4 Balanced - Managed Fund

Fund Objective
The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.
Fund Strategy
The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

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 4.12% -0.67% -0.01% 8.77% 7.52% 8.1% 5.14% 6.18%
Growth return 4.26% -0.27% 0.53% 6.28% 2.25% 3.8% 0% 1.69%
Income return -0.14% -0.4% -0.54% 2.49% 5.27% 4.3% 5.14% 4.49%
As at 30 Apr 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKUT/MKIS - Horizon 4 Balanced
Australian Equities
24.44%
International Equities
33.55%
Cash
6.86%
Property & Infrastructure
5.99%
Fixed Interest
17.62%
Alternatives
11.54%

General Information

Fund Details
Type Description
MLC MKUT/MKIS - Horizon 4 Balanced
MLC0023AU
starstar (as at 30 Apr 2026)
Unknown
17 Feb 1988
$2250.72 million (as at 30 Apr 2026)
$1.71502 (as at 7 May 2026)
$1.70988 (as at 7 May 2026)
Open
Offer information
Type Description
Standard entry fee 5%
MER 1.62% (as at 28 Apr 2026)
Indirect Cost Ratio (ICR) 1.62% (as at 30 Jun 2025)
Performance fee (not included in ICR) 0.05
Minimum initial investment $1,000.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Jan 2026)

Holding (as at 31 Jan 2026) Type % of Portfolio
MultiMix Wholesale International Shrs Tr 28.71%
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FAQs about the MLC MKUT/MKIS - Horizon 4 Balanced

The objective of the MLC MKUT/MKIS - Horizon 4 Balanced managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The strategy of the MLC MKUT/MKIS - Horizon 4 Balanced managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The APIR code of the MLC MKUT/MKIS - Horizon 4 Balanced managed fund is MLC0023AU.

MLC MKUT/MKIS - Horizon 4 Balanced’s total return last month was 4.12%. This was made up of a growth return of 4.26% and an income return of -0.14%. These returns were calculated as at 30 Apr 2026.

MLC MKUT/MKIS - Horizon 4 Balanced’s total return for the last three months was -0.67%. This was made up of a growth return of -0.27% and an income return of -0.4%%. These returns were calculated as at 30 Apr 2026.

MLC MKUT/MKIS - Horizon 4 Balanced’s one-year total return is 8.77%. This was made up of a growth return of 6.28% and an income return of 2.49%. These returns were calculated as at 30 Apr 2026.

MLC MKUT/MKIS - Horizon 4 Balanced’s one-year total return is 8.1%. This was made up of a growth return of 3.8% and an income return of 4.3%. These returns were calculated as at 30 Apr 2026.

The asset allocation of the MLC MKUT/MKIS - Horizon 4 Balanced managed fund is :

Australian Equities
24.44%
International Equities
33.55%
Cash
6.86%
Property & Infrastructure
5.99%
Fixed Interest
17.62%
Alternatives
11.54%

As at 30 Apr 2026, the size of the MLC MKUT/MKIS - Horizon 4 Balanced managed fund was $2250.72 million.

The MLC MKUT/MKIS - Horizon 4 Balanced managed fund has an inception date of 17 Feb 1988.

The current entry price of the MLC MKUT/MKIS - Horizon 4 Balanced managed fund is $1.71502 per unit and the current exit price is $1.70988 per unit (as at 7 May 2026).

The current exit price of the MLC MKUT/MKIS - Horizon 4 Balanced managed fund is $1.70988 per unit and the current entry price is $1.71502 per unit (as at 7 May 2026).

The minimum initial investment amount for the MLC MKUT/MKIS - Horizon 4 Balanced managed fund is $1,000.

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.