InvestSMART

MLC MKUT/MKIS - IncomeBuilder - Managed Fund

Fund Objective
The fund aims to provide a growing income stream (excluding capital gains) over rolling 7 year periods.The Trust invests primarily in listed Australian companies that have the potential to provide future sustainable or growing dividends.
Fund Strategy
The fund aims to provide a growing income stream (excluding capital gains) over rolling 7 year periods.The Trust invests primarily in listed Australian companies that have the potential to provide future sustainable or growing dividends.

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 0.16% -0.52% 0.39% 5.11% 8.49% 8.17% 9.88% 6.72%
Growth return 0.28% -2.14% -1.58% -6.73% -1.51% -0.58% 1.46% -0.98%
Income return -0.12% 1.62% 1.97% 11.84% 10% 8.75% 8.42% 7.7%
Market index (S&P/ASX 200 TR AUD)
Total return 1.78% 0.36% 3.06% 7.37% 11.2% 9.81% 10.21% 10.12%
As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKUT/MKIS - IncomeBuilder
Australian Equities
97.39%
Cash
2.61%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
95.82%
Cash
-1.04%
International Equities
4.26%
Property & Infrastructure
1.31%
Fixed Interest
-0.33%
Alternatives
-0.02%

General Information

Fund Details
Type Description
MLC MKUT/MKIS - IncomeBuilder
MLC0097AU
Australia Equity Income
starstarstar (as at 31 Jan 2026)
Investment Fund
1 Aug 1995
$592538299 million (as at 31 Jan 2026)
$2.31223 (as at 19 Feb 2026)
$2.30069 (as at 19 Feb 2026)
Open
Offer information
Type Description
Standard entry fee 5%
MER 1.49% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR) 1.49% (as at 30 Jun 2024)
Minimum initial investment $1,000.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Oct 2025)

Holding (as at 31 Oct 2025) Type % of Portfolio
Westpac Banking Corp 9.07%
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FAQs about the MLC MKUT/MKIS - IncomeBuilder

The objective of the MLC MKUT/MKIS - IncomeBuilder managed fund is The fund aims to provide a growing income stream (excluding capital gains) over rolling 7 year periods.The Trust invests primarily in listed Australian companies that have the potential to provide future sustainable or growing dividends.

The strategy of the MLC MKUT/MKIS - IncomeBuilder managed fund is The fund aims to provide a growing income stream (excluding capital gains) over rolling 7 year periods.The Trust invests primarily in listed Australian companies that have the potential to provide future sustainable or growing dividends.

The APIR code of the MLC MKUT/MKIS - IncomeBuilder managed fund is MLC0097AU.

MLC MKUT/MKIS - IncomeBuilder’s total return last month was 0.16%. This was made up of a growth return of 0.28% and an income return of -0.12%. These returns were calculated as at 31 Jan 2026.

MLC MKUT/MKIS - IncomeBuilder’s total return for the last three months was -0.52%. This was made up of a growth return of -2.14% and an income return of 1.62%%. These returns were calculated as at 31 Jan 2026.

MLC MKUT/MKIS - IncomeBuilder’s one-year total return is 5.11%. This was made up of a growth return of -6.73% and an income return of 11.84%. These returns were calculated as at 31 Jan 2026.

MLC MKUT/MKIS - IncomeBuilder’s one-year total return is 8.17%. This was made up of a growth return of -0.58% and an income return of 8.75%. These returns were calculated as at 31 Jan 2026.

The asset allocation of the MLC MKUT/MKIS - IncomeBuilder managed fund is :

Australian Equities
97.39%
Cash
2.61%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The MLC MKUT/MKIS - IncomeBuilder managed fund belongs to the Australia Equity Income sector/asset class.

As at 31 Jan 2026, the size of the MLC MKUT/MKIS - IncomeBuilder managed fund was $592538299 million.

The MLC MKUT/MKIS - IncomeBuilder managed fund has an inception date of 1 Aug 1995.

The current entry price of the MLC MKUT/MKIS - IncomeBuilder managed fund is $2.31223 per unit and the current exit price is $2.30069 per unit (as at 19 Feb 2026).

The current exit price of the MLC MKUT/MKIS - IncomeBuilder managed fund is $2.30069 per unit and the current entry price is $2.31223 per unit (as at 19 Feb 2026).

The minimum initial investment amount for the MLC MKUT/MKIS - IncomeBuilder managed fund is $1,000.

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.