MLC Superannuation - MIF Capital Stable - Managed Fund (Closed)

Fund Objective

To provide higher returns than are generally associated with cash and fixed interest securities alone, over the short to medium term (3-5 years).

Fund Strategy

Asset range % (with benchmark % in brackets): Australian equities 9-21 (13), overseas equities 3-11 (6), direct property and listed property trusts 3-13 (6), infrastructure 0-3 (0), total growth assets maximum 30 (25), Australian fixed interest 20-60 (45), Australian inflation linked securities 0-10 (5), overseas fixed interest 0-20 (10), structural investments 0-3 (0), balanced in cash (15), total debt assets minimum 70 (75).

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

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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	-0.95%	0.12%	2.68%	6.85%	7.66%	7.04%	5.43%	6.67%
Growth return	-0.95%	0.12%	2.68%	6.85%	7.66%	7.04%	5.43%	6.67%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return	0.3%	-0.32%	2.07%	5.53%	6.61%	6.23%	3.5%	4.55%

As at 31 May 2006. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Superannuation - MIF Capital Stable

Australian Equities: 12.50%

International Equities: 5.20%

Cash: 22.10%

Property & Infrastructure: 5.10%

Fixed Interest: 55.10%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 11.47%

International Equities: 14.75%

Cash: 13.12%

Property & Infrastructure: 3.61%

Fixed Interest: 49.99%

Alternatives: 7.06%

General Information

Fund Details

Type	Description
Fund Name	MLC Superannuation - MIF Capital Stable (Wholesale)
Fund Status	Closed
Responsible Entity	Norwich Union Life Australia Limited
APIR Code	NFS0804AU
Sector/Asset Class	Multisector Moderate
Morningstar Rating	Not Rated
Legal Structure	Superannuation Fund
Fund Inception	30 Jun 1992
Fund Size	$7.53 million (as at 30 Apr 2006)
Entry Price	n/a
Exit Price	$132.8457 (as at 21 Jun 2006)
Fund Status	Finalised

Offer information

Type	Description
MER	0.60% (as at 30 Jun 2000)

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FAQs about the MLC Superannuation - MIF Capital Stable

What is the objective of the MLC Superannuation - MIF Capital Stable managed fund?

The objective of the MLC Superannuation - MIF Capital Stable managed fund is To provide higher returns than are generally associated with cash and fixed interest securities alone, over the short to medium term (3-5 years).

What is the strategy for the MLC Superannuation - MIF Capital Stable managed fund?

The strategy of the MLC Superannuation - MIF Capital Stable managed fund is Asset range % (with benchmark % in brackets): Australian equities 9-21 (13), overseas equities 3-11 (6), direct property and listed property trusts 3-13 (6), infrastructure 0-3 (0), total growth assets maximum 30 (25), Australian fixed interest 20-60 (45), Australian inflation linked securities 0-10 (5), overseas fixed interest 0-20 (10), structural investments 0-3 (0), balanced in cash (15), total debt assets minimum 70 (75).

What is the APIR code of the MLC Superannuation - MIF Capital Stable managed fund?

The APIR code of the MLC Superannuation - MIF Capital Stable managed fund is NFS0804AU.

What was MLC Superannuation - MIF Capital Stable’s total return last month?

MLC Superannuation - MIF Capital Stable’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 31 May 2006.

What was MLC Superannuation - MIF Capital Stable’s total return for the last three months?

MLC Superannuation - MIF Capital Stable’s total return for the last three months was 0.12%. This was made up of a growth return of 0.12% and an income return of 0%%. These returns were calculated as at 31 May 2006.

What is MLC Superannuation - MIF Capital Stable’s one-year total return?

MLC Superannuation - MIF Capital Stable’s one-year total return is 6.85%. This was made up of a growth return of 6.85% and an income return of 0%. These returns were calculated as at 31 May 2006.

What is MLC Superannuation - MIF Capital Stable’s three-year total return?

MLC Superannuation - MIF Capital Stable’s one-year total return is 7.04%. This was made up of a growth return of 7.04% and an income return of 0%. These returns were calculated as at 31 May 2006.

What is the asset allocation of the MLC Superannuation - MIF Capital Stable managed fund?

The asset allocation of the MLC Superannuation - MIF Capital Stable managed fund is :

Australian Equities: 12.50%

International Equities: 5.20%

Cash: 22.10%

Property & Infrastructure: 5.10%

Fixed Interest: 55.10%

Alternatives: 0%

Who is the responsible Entity of the MLC Superannuation - MIF Capital Stable managed fund?

The Responsible Entity for the MLC Superannuation - MIF Capital Stable managed fund is Norwich Union Life Australia Limited.

What sector/asset class does the MLC Superannuation - MIF Capital Stable managed fund belong to?

The MLC Superannuation - MIF Capital Stable managed fund belongs to the Multisector Moderate sector/asset class.

What is the size of the MLC Superannuation - MIF Capital Stable managed fund?

As at 30 Apr 2006, the size of the MLC Superannuation - MIF Capital Stable managed fund was $7.53 million.

What is the inception date of the MLC Superannuation - MIF Capital Stable managed fund?

The MLC Superannuation - MIF Capital Stable managed fund has an inception date of 30 Jun 1992.

What is the current entry price of the MLC Superannuation - MIF Capital Stable managed fund?

The current entry price of the MLC Superannuation - MIF Capital Stable managed fund is $ per unit and the current exit price is $132.8457 per unit (as at 21 Jun 2006).

What is the current exit price of the MLC Superannuation - MIF Capital Stable managed fund?

The current exit price of the MLC Superannuation - MIF Capital Stable managed fund is $132.8457 per unit and the current entry price is $ per unit (as at 21 Jun 2006).

What is the minimum investment amount for the MLC Superannuation - MIF Capital Stable managed fund?

The minimum initial investment amount for the MLC Superannuation - MIF Capital Stable managed fund is $.

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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