MLC Private Equity Companies - Investment II - Managed Fund (Closed)

Fund Objective

15% p.a. (pre tax and post Management Fees, Performance Fee and expenses) IRR over the life of the Fund.

Fund Strategy

The Fund will target a portfolio of 12 to 25 global co-investments (being equity, debt or hybrid as part of the financing structure of a company or portfolio of companies) made alongside leading private equity GPs identified by MLC PE. This portfolio will aim to provide diversification across strategies, industries, geographies, GPs and vintages.

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.

Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-3.67%	-10.97%	-14.47%	-12.68%	-5.76%	-0.73%	11.58%	-%
Growth return	-3.67%	-10.97%	-14.47%	-12.68%	-5.76%	-0.73%	11.58%	-%
Income return	0%	0%	0%	0%	0%	0%	0%	-%
Market index (MSCI World NR AUD)
Total return	-0.86%	2.48%	8.71%	12.43%	21.26%	21.85%	15.47%	13.15%

As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Alternatives: 42.90%

Australian Equities: 32.98%

International Equities: 9.21%

Cash: 9.94%

Property & Infrastructure: 0.69%

Fixed Interest: 4.28%

General Information

Fund Details

Type	Description
Fund Name	MLC Private Equity Companies - Investment II
Fund Status	Closed
Responsible Entity	Equity Trustees Ltd
APIR Code	ETL2963AU
Sector/Asset Class	Alternative - Private Equity
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	3 Oct 2016
Fund Size	$171.26 million (as at 31 Aug 2023)
Entry Price	$0.8851 (as at 31 Mar 2024)
Exit Price	$0.8851 (as at 31 Mar 2024)
Fund Status	Suppressed

Offer information

Type	Description
Minimum initial investment	$500,000
Minimum additional investments

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FAQs about the MLC Private Equity Companies - Investment II

What is the objective of the MLC Private Equity Companies - Investment II managed fund?

The objective of the MLC Private Equity Companies - Investment II managed fund is 15% p.a. (pre tax and post Management Fees, Performance Fee and expenses) IRR over the life of the Fund.

What is the strategy for the MLC Private Equity Companies - Investment II managed fund?

The strategy of the MLC Private Equity Companies - Investment II managed fund is The Fund will target a portfolio of 12 to 25 global co-investments (being equity, debt or hybrid as part of the financing structure of a company or portfolio of companies) made alongside leading private equity GPs identified by MLC PE. This portfolio will aim to provide diversification across strategies, industries, geographies, GPs and vintages.

What is the APIR code of the MLC Private Equity Companies - Investment II managed fund?

The APIR code of the MLC Private Equity Companies - Investment II managed fund is ETL2963AU.

What was MLC Private Equity Companies - Investment II’s total return last month?

MLC Private Equity Companies - Investment II’s total return last month was -3.67%. This was made up of a growth return of -3.67% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

What was MLC Private Equity Companies - Investment II’s total return for the last three months?

MLC Private Equity Companies - Investment II’s total return for the last three months was -10.97%. This was made up of a growth return of -10.97% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

What is MLC Private Equity Companies - Investment II’s one-year total return?

MLC Private Equity Companies - Investment II’s one-year total return is -12.68%. This was made up of a growth return of -12.68% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

What is MLC Private Equity Companies - Investment II’s three-year total return?

MLC Private Equity Companies - Investment II’s one-year total return is -0.73%. This was made up of a growth return of -0.73% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

What is the asset allocation of the MLC Private Equity Companies - Investment II managed fund?

The asset allocation of the MLC Private Equity Companies - Investment II managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the MLC Private Equity Companies - Investment II managed fund?

The Responsible Entity for the MLC Private Equity Companies - Investment II managed fund is Equity Trustees Ltd.

What sector/asset class does the MLC Private Equity Companies - Investment II managed fund belong to?

The MLC Private Equity Companies - Investment II managed fund belongs to the Alternative - Private Equity sector/asset class.

What is the size of the MLC Private Equity Companies - Investment II managed fund?

As at 31 Aug 2023, the size of the MLC Private Equity Companies - Investment II managed fund was $171.26 million.

What is the inception date of the MLC Private Equity Companies - Investment II managed fund?

The MLC Private Equity Companies - Investment II managed fund has an inception date of 3 Oct 2016.

What is the current entry price of the MLC Private Equity Companies - Investment II managed fund?

The current entry price of the MLC Private Equity Companies - Investment II managed fund is $0.8851 per unit and the current exit price is $0.8851 per unit (as at 31 Mar 2024).

What is the current exit price of the MLC Private Equity Companies - Investment II managed fund?

The current exit price of the MLC Private Equity Companies - Investment II managed fund is $0.8851 per unit and the current entry price is $0.8851 per unit (as at 31 Mar 2024).

What is the minimum investment amount for the MLC Private Equity Companies - Investment II managed fund?

The minimum initial investment amount for the MLC Private Equity Companies - Investment II managed fund is $500,000. 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.

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