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  5. MLC Wholesale IncomeBuilder - Managed fund profile

MLC Wholesale 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 3.59% 7.74% 11.02% 12.26% 14.43% 12.18% 14.46% 7.9%
Growth return 3.59% -4.86% -2.63% -3.26% 1.33% 0.95% 4.23% -0.67%
Income return 0% 12.6% 13.65% 15.52% 13.1% 11.23% 10.23% 8.57%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Wholesale IncomeBuilder
Australian Equities
97.85%
Cash
2.15%

General Information

Fund Details
Type Description
MLC Wholesale IncomeBuilder (Wholesale)
MLC Limited
MLC0264AU
starstarstarstar (as at 31 Jul 2025)
Unknown
1 Jan 1998
$333.94 million (as at 31 Jul 2025)
$1.65051 (as at 1 Sep 2025)
$1.64227 (as at 1 Sep 2025)
Open
Offer information
Type Description
MER 0.72% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.72% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025) Type % of Portfolio
Westpac Banking Corp Equity 8.39%
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FAQs about the MLC Wholesale IncomeBuilder

The objective of the MLC Wholesale 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 Wholesale 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 Wholesale IncomeBuilder managed fund is MLC0264AU.

MLC Wholesale IncomeBuilder’s total return last month was 3.59%. This was made up of a growth return of 3.59% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

MLC Wholesale IncomeBuilder’s total return for the last three months was 7.74%. This was made up of a growth return of -4.86% and an income return of 12.6%%. These returns were calculated as at 31 Aug 2025.

MLC Wholesale IncomeBuilder’s one-year total return is 12.26%. This was made up of a growth return of -3.26% and an income return of 15.52%. These returns were calculated as at 31 Aug 2025.

MLC Wholesale IncomeBuilder’s one-year total return is 12.18%. This was made up of a growth return of 0.95% and an income return of 11.23%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the MLC Wholesale IncomeBuilder managed fund is :

Australian Equities
97.85%
Cash
2.15%

The Responsible Entity for the MLC Wholesale IncomeBuilder managed fund is MLC Limited.

As at 31 Jul 2025, the size of the MLC Wholesale IncomeBuilder managed fund was $333.94 million.

The MLC Wholesale IncomeBuilder managed fund has an inception date of 1 Jan 1998.

The current entry price of the MLC Wholesale IncomeBuilder managed fund is $1.65051 per unit and the current exit price is $1.64227 per unit (as at 1 Sep 2025).

The current exit price of the MLC Wholesale IncomeBuilder managed fund is $1.64227 per unit and the current entry price is $1.65051 per unit (as at 1 Sep 2025).

The minimum initial investment amount for the MLC Wholesale 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.