MLC MasterKey Unit Trust - Australian Shares Value Style - Managed Fund (Closed)

Fund Objective

The fund aims to deliver growth by using investment managers that invest and diversify across many companies and securities within the Australian shares asset class.

Fund Strategy

The fund invests primarily in companies listed (or expected to be listed) on the Australian Securities Exchange (and other regulated exchanges). It may have a small exposure to companies listed outside of Australia from time to time. We primarily use investment managers that have an investment style focusing on companies that they believe are undervalued in relation to their earning potential.

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	-5.81%	-6.77%	-0.75%	1.02%	8.64%	7.13%	4.95%	6.64%
Growth return	-5.81%	-7%	-1.69%	-0.89%	5.23%	3.25%	1.2%	2.3%
Income return	0%	0.23%	0.94%	1.91%	3.41%	3.88%	3.75%	4.34%
Market index (S&P/ASX 200 TR AUD)
Total return	4.11%	7.34%	4.07%	16.19%	13.02%	12.22%	10.78%	10.76%

As at 31 Oct 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Unit Trust - Australian Shares Value Style

Australian Equities: 92.96%

International Equities: 2.38%

Cash: 2.11%

Property & Infrastructure: 2.55%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 95.85%

International Equities: 4.24%

Cash: -1.01%

Property & Infrastructure: 1.27%

Fixed Interest: -0.33%

Alternatives: -0.02%

General Information

Fund Details

Type	Description
Fund Name	MLC MasterKey Unit Trust - Australian Shares Value Style
Fund Status	Closed
Responsible Entity	MLC Investments Limited
APIR Code	MLC0453AU
Sector/Asset Class	Equity Australia Large Value
Morningstar Rating	(as at 31 Oct 2018)
Legal Structure	Investment Fund
Fund Inception	1 Oct 2003
Fund Size	$5.53 million (as at 31 Oct 2018)
Entry Price	$1.0779 (as at 23 Nov 2018)
Exit Price	$1.07629 (as at 23 Nov 2018)
Fund Status	Finalised

Offer information

Type	Description
Standard entry fee	5%
MER	1.98% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR)	1.98% (as at 30 Jun 2018)
Minimum initial investment
Minimum redemption amount	$500.00

Top 10 holdings (as at 30 Nov 2015)

Holding (as at 30 Nov 2015)	Type	% of Portfolio
Westpac Banking Corp	Equity	11.40%
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FAQs about the MLC MasterKey Unit Trust - Australian Shares Value Style

What is the objective of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The objective of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund is The fund aims to deliver growth by using investment managers that invest and diversify across many companies and securities within the Australian shares asset class.

What is the strategy for the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The strategy of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund is The fund invests primarily in companies listed (or expected to be listed) on the Australian Securities Exchange (and other regulated exchanges). It may have a small exposure to companies listed outside of Australia from time to time. We primarily use investment managers that have an investment style focusing on companies that they believe are undervalued in relation to their earning potential.

What is the APIR code of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The APIR code of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund is MLC0453AU.

What was MLC MasterKey Unit Trust - Australian Shares Value Style’s total return last month?

MLC MasterKey Unit Trust - Australian Shares Value Style’s total return last month was -5.81%. This was made up of a growth return of -5.81% and an income return of 0%. These returns were calculated as at 31 Oct 2018.

What was MLC MasterKey Unit Trust - Australian Shares Value Style’s total return for the last three months?

MLC MasterKey Unit Trust - Australian Shares Value Style’s total return for the last three months was -6.77%. This was made up of a growth return of -7% and an income return of 0.23%%. These returns were calculated as at 31 Oct 2018.

What is MLC MasterKey Unit Trust - Australian Shares Value Style’s one-year total return?

MLC MasterKey Unit Trust - Australian Shares Value Style’s one-year total return is 1.02%. This was made up of a growth return of -0.89% and an income return of 1.91%. These returns were calculated as at 31 Oct 2018.

What is MLC MasterKey Unit Trust - Australian Shares Value Style’s three-year total return?

MLC MasterKey Unit Trust - Australian Shares Value Style’s one-year total return is 7.13%. This was made up of a growth return of 3.25% and an income return of 3.88%. These returns were calculated as at 31 Oct 2018.

What is the asset allocation of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The asset allocation of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund is :

Australian Equities: 92.96%

International Equities: 2.38%

Cash: 2.11%

Property & Infrastructure: 2.55%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The Responsible Entity for the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund is MLC Investments Limited.

What sector/asset class does the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund belong to?

The MLC MasterKey Unit Trust - Australian Shares Value Style managed fund belongs to the Equity Australia Large Value sector/asset class.

What is the size of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

As at 31 Oct 2018, the size of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund was $5.53 million.

What is the inception date of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The MLC MasterKey Unit Trust - Australian Shares Value Style managed fund has an inception date of 1 Oct 2003.

What is the current entry price of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The current entry price of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund is $1.0779 per unit and the current exit price is $1.07629 per unit (as at 23 Nov 2018).

What is the current exit price of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The current exit price of the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund is $1.07629 per unit and the current entry price is $1.0779 per unit (as at 23 Nov 2018).

What is the minimum investment amount for the MLC MasterKey Unit Trust - Australian Shares Value Style managed fund?

The minimum initial investment amount for the MLC MasterKey Unit Trust - Australian Shares Value Style 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.

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