InvestSMART

MLC Real Return Moderate - Managed Fund

Fund Objective
Aims to deliver a return of 3.5% pa above inflation (after management costs), subject to limiting the risk of negative returns over 5 year periods.
Fund Strategy
Aims to deliver a return of 3.5% pa above inflation (after management costs), subject to limiting the risk of negative returns over 5 year periods.

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 1.65% 4.27% 5.41% 9.39% 9.27% 8.63% 6.45% 4.66%
Growth return 1.65% -2.1% -1.04% 1.7% 2.41% 3.26% 1.55% 0.4%
Income return 0% 6.37% 6.45% 7.69% 6.86% 5.37% 4.9% 4.26%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Real Return Moderate
Australian Equities
10.91%
International Equities
21.34%
Cash
20.95%
Fixed Interest
33.26%
Alternatives
13.54%

General Information

Fund Details
Type Description
MLC Real Return Moderate
MLC Limited
MLC0920AU
starstarstarstar (as at 31 Aug 2025)
Unknown
1 Oct 2013
$434.84 million (as at 31 Aug 2025)
$1.12686 (as at 25 Sep 2025)
$1.12349 (as at 25 Sep 2025)
Open
Offer information
Type Description
MER 0.96% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.94% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.02
Minimum initial investment
Minimum redemption amount

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025) Type % of Portfolio
Multimix Wholesale Diversifiedfixed Interest Trust Equity 13.43%
Login now to view the complete list of holdings.

FAQs about the MLC Real Return Moderate

The objective of the MLC Real Return Moderate managed fund is Aims to deliver a return of 3.5% pa above inflation (after management costs), subject to limiting the risk of negative returns over 5 year periods.

The strategy of the MLC Real Return Moderate managed fund is Aims to deliver a return of 3.5% pa above inflation (after management costs), subject to limiting the risk of negative returns over 5 year periods.

The APIR code of the MLC Real Return Moderate managed fund is MLC0920AU.

MLC Real Return Moderate’s total return last month was 1.65%. This was made up of a growth return of 1.65% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

MLC Real Return Moderate’s total return for the last three months was 4.27%. This was made up of a growth return of -2.1% and an income return of 6.37%%. These returns were calculated as at 31 Aug 2025.

MLC Real Return Moderate’s one-year total return is 9.39%. This was made up of a growth return of 1.7% and an income return of 7.69%. These returns were calculated as at 31 Aug 2025.

MLC Real Return Moderate’s one-year total return is 8.63%. This was made up of a growth return of 3.26% and an income return of 5.37%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the MLC Real Return Moderate managed fund is :

Australian Equities
10.91%
International Equities
21.34%
Cash
20.95%
Fixed Interest
33.26%
Alternatives
13.54%

The Responsible Entity for the MLC Real Return Moderate managed fund is MLC Limited.

As at 31 Aug 2025, the size of the MLC Real Return Moderate managed fund was $434.84 million.

The MLC Real Return Moderate managed fund has an inception date of 1 Oct 2013.

The current entry price of the MLC Real Return Moderate managed fund is $1.12686 per unit and the current exit price is $1.12349 per unit (as at 25 Sep 2025).

The current exit price of the MLC Real Return Moderate managed fund is $1.12349 per unit and the current entry price is $1.12686 per unit (as at 25 Sep 2025).

The minimum initial investment amount for the MLC Real Return Moderate managed fund 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.