InvestSMART

MLC Prof Solutions Sup - MIF Balanced - Managed Fund

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

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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 -0.71% 1.18% 2.37% -0.41% 2.01% 2.79% 3.73% 5.15%
Growth return 1.1% 3.26% 4.11% 7.49% 8.39% 7.76% 6.1% 5.42%
Income return -1.81% -2.08% -1.74% -7.9% -6.38% -4.97% -2.37% -0.27%
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 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Prof Solutions Sup - MIF Balanced
Australian Equities
26.69%
International Equities
13.26%
Cash
14.82%
Property & Infrastructure
5.61%
Fixed Interest
39.62%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.44%
International Equities
28.66%
Cash
7.57%
Property & Infrastructure
3.76%
Fixed Interest
35.61%
Alternatives
7.97%

General Information

Fund Details
Type Description
MLC Prof Solutions Sup - MIF Balanced
MLC Limited
NFS0340AU
Multisector Balanced
starstarstar (as at 31 Dec 2022)
Superannuation Fund
31 Jan 1995
$0.04 million (as at 30 Apr 2021)
$445.95036 (as at 19 Sep 2025)
$445.95036 (as at 19 Sep 2025)
Closed
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 Solutions Sup - MIF Balanced

The objective of the MLC Prof Solutions Sup - 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 Solutions Sup - 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 Solutions Sup - MIF Balanced managed fund is NFS0340AU.

MLC Prof Solutions Sup - MIF Balanced’s total return last month was -0.71%. This was made up of a growth return of 1.1% and an income return of -1.81%. These returns were calculated as at 28 Feb 2023.

MLC Prof Solutions Sup - MIF Balanced’s total return for the last three months was 1.18%. This was made up of a growth return of 3.26% and an income return of -2.08%%. These returns were calculated as at 28 Feb 2023.

MLC Prof Solutions Sup - MIF Balanced’s one-year total return is -0.41%. This was made up of a growth return of 7.49% and an income return of -7.9%. These returns were calculated as at 28 Feb 2023.

MLC Prof Solutions Sup - MIF Balanced’s one-year total return is 2.79%. This was made up of a growth return of 7.76% and an income return of -4.97%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the MLC Prof Solutions Sup - MIF Balanced managed fund is :

Australian Equities
26.69%
International Equities
13.26%
Cash
14.82%
Property & Infrastructure
5.61%
Fixed Interest
39.62%
Alternatives
0%

The Responsible Entity for the MLC Prof Solutions Sup - MIF Balanced managed fund is MLC Limited.

The MLC Prof Solutions Sup - MIF Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Apr 2021, the size of the MLC Prof Solutions Sup - MIF Balanced managed fund was $0.04 million.

The MLC Prof Solutions Sup - MIF Balanced managed fund has an inception date of 31 Jan 1995.

The current entry price of the MLC Prof Solutions Sup - MIF Balanced managed fund is $445.95036 per unit and the current exit price is $445.95036 per unit (as at 19 Sep 2025).

The current exit price of the MLC Prof Solutions Sup - MIF Balanced managed fund is $445.95036 per unit and the current entry price is $445.95036 per unit (as at 19 Sep 2025).

The minimum initial investment amount for the MLC Prof Solutions Sup - 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.