InvestSMART

MLC Prof AA - based Ps - MIF Balanced - Managed Fund (Closed)

Fund Objective
To provide a combination of income and moderate growth over the longer term. Exposure to growth assets expected to be between 40%-60% of total funds.
Fund Strategy
Invest in a diversified portfolio providing a balanced exposure to the major asset classes: equities, fixed interest and property. The likelihood of the portfolio incurring a negative annual return in any particular year is moderate.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% 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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.95% 1.11% 4.01% 7.4% 10.37% 10.99% 8.08% 7.24%
Growth return -0.95% 1.11% 4.01% 7.4% 10.37% 10.99% 8.08% 7.24%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 0.67% 3.34% 8.26% 9.04% 12.12% 10.82% 6.61% 6.51%
As at 30 Sep 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Prof AA - based Ps - MIF Balanced
Australian Equities
26.49%
International Equities
12.96%
Cash
15.87%
Property & Infrastructure
4.74%
Fixed Interest
39.94%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.34%
International Equities
28.53%
Cash
7.62%
Property & Infrastructure
3.80%
Fixed Interest
36.15%
Alternatives
7.56%

General Information

Fund Details
Type Description
MLC Prof AA - based Ps - MIF Balanced
Closed
MLC Limited
NFS0333AU
Multisector Balanced
starstarstarstar (as at 30 Sep 2014)
Allocated Pension
31 Jan 1995
$0 million (as at 30 Sep 2014)
$239.2157 (as at 3 Nov 2014)
$239.2157 (as at 3 Nov 2014)
Finalised
Offer information
Type Description
Standard entry fee 4.40%
MER 0.80% (as at 31 Dec 2004)
Minimum initial investment $20,000

FAQs about the MLC Prof AA - based Ps - MIF Balanced

The objective of the MLC Prof AA - based Ps - MIF Balanced managed fund is To provide a combination of income and moderate growth over the longer term. Exposure to growth assets expected to be between 40%-60% of total funds.

The strategy of the MLC Prof AA - based Ps - MIF Balanced managed fund is Invest in a diversified portfolio providing a balanced exposure to the major asset classes: equities, fixed interest and property. The likelihood of the portfolio incurring a negative annual return in any particular year is moderate.

The APIR code of the MLC Prof AA - based Ps - MIF Balanced managed fund is NFS0333AU.

MLC Prof AA - based Ps - MIF Balanced’s total return last month was -0.95%. This was made up of a growth return of -0.95% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

MLC Prof AA - based Ps - MIF Balanced’s total return for the last three months was 1.11%. This was made up of a growth return of 1.11% and an income return of 0%%. These returns were calculated as at 30 Sep 2014.

MLC Prof AA - based Ps - MIF Balanced’s one-year total return is 7.4%. This was made up of a growth return of 7.4% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

MLC Prof AA - based Ps - MIF Balanced’s one-year total return is 10.99%. This was made up of a growth return of 10.99% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

The asset allocation of the MLC Prof AA - based Ps - MIF Balanced managed fund is :

Australian Equities
26.49%
International Equities
12.96%
Cash
15.87%
Property & Infrastructure
4.74%
Fixed Interest
39.94%
Alternatives
0%

The Responsible Entity for the MLC Prof AA - based Ps - MIF Balanced managed fund is MLC Limited.

The MLC Prof AA - based Ps - MIF Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Sep 2014, the size of the MLC Prof AA - based Ps - MIF Balanced managed fund was $0 million.

The MLC Prof AA - based Ps - MIF Balanced managed fund has an inception date of 31 Jan 1995.

The current entry price of the MLC Prof AA - based Ps - MIF Balanced managed fund is $239.2157 per unit and the current exit price is $239.2157 per unit (as at 3 Nov 2014).

The current exit price of the MLC Prof AA - based Ps - MIF Balanced managed fund is $239.2157 per unit and the current entry price is $239.2157 per unit (as at 3 Nov 2014).

The minimum initial investment amount for the MLC Prof AA - based Ps - MIF Balanced 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.