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  5. MLC MKUT/MKIS - IncomeBuilder - Managed fund profile

MLC MKUT/MKIS - IncomeBuilder - Managed Fund

Fund Objective
Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.
Fund Strategy
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.

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 3.45% 8.21% 13% 14.65% 7.66% 10.2% 7.88% 5.88%
Growth return 3.45% 7.42% 11.24% 7.81% 0.04% 2.75% 0.14% -1.16%
Income return 0% 0.79% 1.76% 6.84% 7.62% 7.45% 7.74% 7.04%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKUT/MKIS - IncomeBuilder
Australian Equities
89.19%
International Equities
2.08%
Cash
2.16%
Property
5.90%
Alternatives
0.67%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
91.93%
International Equities
4%
Cash
0.37%
Property
3.30%
Alternatives
0.06%
Fixed Interest
0.35%

General Information

Fund Details
Type Description
MLC MKUT/MKIS - IncomeBuilder
MLC Limited
MLC0097AU
Equity Australia Large Value
starstar (as at 31 Mar 2024)
Investment Fund
1 Aug 1995
$292.17 million (as at 29 Feb 2024)
$2.31924 (as at 22 Apr 2024)
$2.30768 (as at 22 Apr 2024)
Open
Offer information
Type Description
Standard entry fee 5%
Indirect Cost Ratio (ICR) 1.49% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
National Australia Bank Ltd Equity 9.52%
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FAQs about the MLC MKUT/MKIS - IncomeBuilder

The objective of the MLC MKUT/MKIS - IncomeBuilder managed fund is Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.

The strategy of the MLC MKUT/MKIS - IncomeBuilder managed fund is 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.

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

MLC MKUT/MKIS - IncomeBuilder’s total return last month was 3.45%. This was made up of a growth return of 3.45% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

MLC MKUT/MKIS - IncomeBuilder’s total return for the last three months was 8.21%. This was made up of a growth return of 7.42% and an income return of 0.79%%. These returns were calculated as at 31 Mar 2024.

MLC MKUT/MKIS - IncomeBuilder’s one-year total return is 14.65%. This was made up of a growth return of 7.81% and an income return of 6.84%. These returns were calculated as at 31 Mar 2024.

MLC MKUT/MKIS - IncomeBuilder’s one-year total return is 10.2%. This was made up of a growth return of 2.75% and an income return of 7.45%. These returns were calculated as at 31 Mar 2024.

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

Australian Equities
89.19%
International Equities
2.08%
Cash
2.16%
Property
5.90%
Alternatives
0.67%
Fixed Interest
0%

The Responsible Entity for the MLC MKUT/MKIS - IncomeBuilder managed fund is MLC Limited.

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

As at 29 Feb 2024, the size of the MLC MKUT/MKIS - IncomeBuilder managed fund was $292.17 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 $2.31924 per unit and the current exit price is $2.30768 per unit (as at 22 Apr 2024).

The current exit price of the MLC MKUT/MKIS - IncomeBuilder managed fund is $2.30768 per unit and the current entry price is $2.31924 per unit (as at 22 Apr 2024).

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.