InvestSMART

MLC Navigator SSAP - MIF Cash - Managed Fund (Closed)

Fund Objective
To achieve a secure positive return in the short-term that is at least equal to that available in the short-term money market, whilst providing an immediate and ongoing capital guarantee.
Fund Strategy
Invest in cash deposits and short term securities with high security and high liquidity. The likelihood of a negative annual return is negligible.

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 -0.09% 0.78% 1.09% 1.76% 1.71% 2.03% 2.65% 3.43%
Growth return -0.09% 0.78% 1.09% 1.76% 1.71% 2.03% 2.65% 3.43%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 31 Dec 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Navigator SSAP - MIF Cash
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
45.92%
Australian Equities
3.95%
International Equities
6.73%
Property & Infrastructure
1.87%
Fixed Interest
20.79%
Alternatives
20.74%

General Information

Fund Details
Type Description
MLC Navigator SSAP - MIF Cash
Closed
MLC Limited
NUL0140AU
Australian Cash
starstarstar (as at 31 Mar 2013)
Allocated Pension
4 Dec 1998
$0.53 million (as at 31 Dec 2014)
$114.024 (as at 16 Jan 2015)
$114.024 (as at 16 Jan 2015)
Finalised
Offer information
Type Description
Standard entry fee 4.40%
MER 0.25% (as at 30 Jun 2004)
Minimum initial investment $20,000

FAQs about the MLC Navigator SSAP - MIF Cash

The objective of the MLC Navigator SSAP - MIF Cash managed fund is To achieve a secure positive return in the short-term that is at least equal to that available in the short-term money market, whilst providing an immediate and ongoing capital guarantee.

The strategy of the MLC Navigator SSAP - MIF Cash managed fund is Invest in cash deposits and short term securities with high security and high liquidity. The likelihood of a negative annual return is negligible.

The APIR code of the MLC Navigator SSAP - MIF Cash managed fund is NUL0140AU.

MLC Navigator SSAP - MIF Cash’s total return last month was -0.09%. This was made up of a growth return of -0.09% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

MLC Navigator SSAP - MIF Cash’s total return for the last three months was 0.78%. This was made up of a growth return of 0.78% and an income return of 0%%. These returns were calculated as at 31 Dec 2014.

MLC Navigator SSAP - MIF Cash’s one-year total return is 1.76%. This was made up of a growth return of 1.76% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

MLC Navigator SSAP - MIF Cash’s one-year total return is 2.03%. This was made up of a growth return of 2.03% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

The asset allocation of the MLC Navigator SSAP - MIF Cash managed fund is :

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

The Responsible Entity for the MLC Navigator SSAP - MIF Cash managed fund is MLC Limited.

The MLC Navigator SSAP - MIF Cash managed fund belongs to the Australian Cash sector/asset class.

As at 31 Dec 2014, the size of the MLC Navigator SSAP - MIF Cash managed fund was $0.53 million.

The MLC Navigator SSAP - MIF Cash managed fund has an inception date of 4 Dec 1998.

The current entry price of the MLC Navigator SSAP - MIF Cash managed fund is $114.024 per unit and the current exit price is $114.024 per unit (as at 16 Jan 2015).

The current exit price of the MLC Navigator SSAP - MIF Cash managed fund is $114.024 per unit and the current entry price is $114.024 per unit (as at 16 Jan 2015).

The minimum initial investment amount for the MLC Navigator SSAP - MIF Cash managed fund is $20,000.

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.