InvestSMART

MLC Prof Solutions Ps - MIF Growth - Managed Fund (Closed)

Fund Objective
To produce higher returns than other Managed strategies over the medium to long term with a level of risk within the commonly accepted range for funds with high proportions of growth assets.
Fund Strategy
NAV

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 -0.88% 1.25% 4.05% 7.84% 12.93% 12.81% 8.15% 7.38%
Growth return -0.88% 1.25% 4.05% 7.84% 12.93% 12.81% 8.15% 7.38%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 0.97% 5.51% 13.03% 13.77% 17.74% 16.6% 12.23% 10.25%
As at 30 Sep 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Prof Solutions Ps - MIF Growth
Australian Equities
35.35%
International Equities
22.56%
Cash
8.93%
Property & Infrastructure
5.79%
Fixed Interest
27.37%
Alternatives
0%
Average Allocation of Peers
Australian Equities
33.72%
International Equities
49.66%
Cash
2.52%
Property & Infrastructure
5.07%
Fixed Interest
5.41%
Alternatives
3.61%

General Information

Fund Details
Type Description
MLC Prof Solutions Ps - MIF Growth
Closed
MLC Limited
NFS0331AU
Multisector Aggressive
starstarstarstar (as at 30 Sep 2014)
Allocated Pension
31 Jan 1994
n/a
$313.75 (as at 3 Nov 2014)
$313.75 (as at 3 Nov 2014)
Finalised
Offer information
Type Description
MER 0.80% (as at 31 Dec 2004)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2009)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the MLC Prof Solutions Ps - MIF Growth

The objective of the MLC Prof Solutions Ps - MIF Growth managed fund is To produce higher returns than other Managed strategies over the medium to long term with a level of risk within the commonly accepted range for funds with high proportions of growth assets.

The strategy of the MLC Prof Solutions Ps - MIF Growth managed fund is NAV

The APIR code of the MLC Prof Solutions Ps - MIF Growth managed fund is NFS0331AU.

MLC Prof Solutions Ps - MIF Growth’s total return last month was -0.88%. This was made up of a growth return of -0.88% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

MLC Prof Solutions Ps - MIF Growth’s total return for the last three months was 1.25%. This was made up of a growth return of 1.25% and an income return of 0%%. These returns were calculated as at 30 Sep 2014.

MLC Prof Solutions Ps - MIF Growth’s one-year total return is 7.84%. This was made up of a growth return of 7.84% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

MLC Prof Solutions Ps - MIF Growth’s one-year total return is 12.81%. This was made up of a growth return of 12.81% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

The asset allocation of the MLC Prof Solutions Ps - MIF Growth managed fund is :

Australian Equities
35.35%
International Equities
22.56%
Cash
8.93%
Property & Infrastructure
5.79%
Fixed Interest
27.37%
Alternatives
0%

The Responsible Entity for the MLC Prof Solutions Ps - MIF Growth managed fund is MLC Limited.

The MLC Prof Solutions Ps - MIF Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 30 Jun 2015, the size of the MLC Prof Solutions Ps - MIF Growth managed fund was $ million.

The MLC Prof Solutions Ps - MIF Growth managed fund has an inception date of 31 Jan 1994.

The current entry price of the MLC Prof Solutions Ps - MIF Growth managed fund is $313.75 per unit and the current exit price is $313.75 per unit (as at 3 Nov 2014).

The current exit price of the MLC Prof Solutions Ps - MIF Growth managed fund is $313.75 per unit and the current entry price is $313.75 per unit (as at 3 Nov 2014).

The minimum initial investment amount for the MLC Prof Solutions Ps - MIF Growth managed fund is $0. 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.