InvestSMART

National Australian RO Bond Series 2 - Balanced - Managed Fund

Fund Objective
To provide returns over the medium term by investing in a diversified portfolio of Australian and International securities.
Fund Strategy
An unlisted Insurance Bond which invests primarily in Diverse assets in Australia with an objective of providing capital growth.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.83% 2.33% 7.72% 7.64% 11.73% 9.18% 7.17% 4.39%
Growth return 0.83% 2.33% 7.72% 7.64% 11.73% 9.18% 7.17% 4.39%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.46% 4.16% 11.05% 13.41% 17.1% 12.49% 9.66% 8.09%
As at 31 Oct 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

General Information

Fund Details
Type Description
National Australian RO Bond Series 2 - Balanced
MLC Limited
NAB0723AU
Multisector Growth
starstar (as at 31 Oct 2025)
Superannuation Fund
12 Aug 1991
$39.3 million (as at 31 Oct 2025)
$6.67713 (as at 21 Nov 2025)
$6.67713 (as at 21 Nov 2025)
Open
Offer information
Type Description
MER 1.85% (as at 30 Jun 2006)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Hedged Index Global Infrastructure Secs Mutual Fund - Open End 3.77%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the National Australian RO Bond Series 2 - Balanced

The objective of the National Australian RO Bond Series 2 - Balanced managed fund is To provide returns over the medium term by investing in a diversified portfolio of Australian and International securities.

The strategy of the National Australian RO Bond Series 2 - Balanced managed fund is An unlisted Insurance Bond which invests primarily in Diverse assets in Australia with an objective of providing capital growth.

The APIR code of the National Australian RO Bond Series 2 - Balanced managed fund is NAB0723AU.

National Australian RO Bond Series 2 - Balanced’s total return last month was 0.83%. This was made up of a growth return of 0.83% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

National Australian RO Bond Series 2 - Balanced’s total return for the last three months was 2.33%. This was made up of a growth return of 2.33% and an income return of 0%%. These returns were calculated as at 31 Oct 2025.

National Australian RO Bond Series 2 - Balanced’s one-year total return is 7.64%. This was made up of a growth return of 7.64% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

National Australian RO Bond Series 2 - Balanced’s one-year total return is 9.18%. This was made up of a growth return of 9.18% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

The asset allocation of the National Australian RO Bond Series 2 - Balanced managed fund is :

Australian Equities
25.51%
International Equities
33.90%
Cash
0.44%
Property & Infrastructure
5.30%
Fixed Interest
16.07%
Alternatives
18.77%

The Responsible Entity for the National Australian RO Bond Series 2 - Balanced managed fund is MLC Limited.

The National Australian RO Bond Series 2 - Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Oct 2025, the size of the National Australian RO Bond Series 2 - Balanced managed fund was $39.3 million.

The National Australian RO Bond Series 2 - Balanced managed fund has an inception date of 12 Aug 1991.

The current entry price of the National Australian RO Bond Series 2 - Balanced managed fund is $6.67713 per unit and the current exit price is $6.67713 per unit (as at 21 Nov 2025).

The current exit price of the National Australian RO Bond Series 2 - Balanced managed fund is $6.67713 per unit and the current entry price is $6.67713 per unit (as at 21 Nov 2025).

The minimum initial investment amount for the National Australian RO Bond Series 2 - Balanced managed fund is $0. Minimum additional investment 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.