MLC MasterKey Unit Trust - Income Builder - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -1.16 -2.85 -3.49 -1.83 3.62 0.1 5.7 5
Growth return -4.13 -5.76 -6.89 -6.71 -2.28 -5.82 -0.75 -0.62
Income return 2.97 2.91 3.4 4.88 5.9 5.92 6.45 5.62

Market index (S&P/ASX 200 TR AUD)

Total return 1.09 1.08 2.81 9.63 10.36 5.94 8.76 5.24

Asset Allocation (31 May 2018)

Australian Equities 88.82%
International Equities 1.52%
Cash 2.36%
Property 5.81%
Fixed Interest 0.67%
Alternatives 0.81%
Asset Allocation

General Information

MLC MasterKey Unit Trust - Income Builder
MLC Investments Limited
Equity Australia Large Value
starstar (as at 31 May 2018)
Investment Fund
1 Aug 1995
$545.09 million (as at 31 May 2018)
$2.41359 (as at 20 Jun 2018)
$2.40395 (as at 20 Jun 2018)

Objectives and Strategy

Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.
The Fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The Fund is expected to generate tax effective returns by: - investing in companies expected to have high franking levels, and - carefully managing the realisation of capital gains. The Fund is expected to provide returns consistent with investing in a broad range of Australian companies.

Offer information

Standard entry fee 5%
Indirect Cost Ratio (ICR) - Estimated 0.55% (as at 8 Feb 2017) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 28 Feb 2018)

Holding Type % of Portfolio
Westpac Banking Corp Equity 9.72%
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Data shown on this website is sourced by Morningstar
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