InvestSMART

PIC Wholesale Australian Share - Managed Fund

Fund Objective
Aims to outperform the Benchmark (after fees) over 7 year periods.
Fund Strategy
The fund invests primarily in companies listed (or expected to be listed) on the Australian Securities Exchange (and other regular exchanges), and is typically diversified across major listed industry groups.

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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.73% -1.22% 4.21% 11.54% 13.14% 6.45% 7.86% 8.57%
Growth return 0.53% -2.39% 2.67% 8.48% 7.17% -1.31% -0.97% -0.28%
Income return 1.2% 1.17% 1.54% 3.06% 5.97% 7.76% 8.83% 8.85%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIC Wholesale Australian Share
Australian Equities
83.14%
International Equities
7.90%
Cash
8.95%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
International Equities
5.11%
Cash
-0.72%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
PIC Wholesale Australian Share (Wholesale)
MLC Investments Limited
MLC0768AU
Equity Australia Large Blend
starstarstarstar (as at 30 Jun 2024)
Investment Fund
14 Mar 2007
n/a
$0.96401 (as at 28 Jun 2024)
$0.96016 (as at 28 Jun 2024)
Finalised
Offer information
Type Description
MER 0.73% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.78% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2025)

Holding (as at 30 Jun 2025) Type % of Portfolio
MultiMix Wholesale Australian Shares Tr Mutual Fund - Open End 95.05%
Login now to view the complete list of holdings.

FAQs about the PIC Wholesale Australian Share

The objective of the PIC Wholesale Australian Share managed fund is Aims to outperform the Benchmark (after fees) over 7 year periods.

The strategy of the PIC Wholesale Australian Share managed fund is The fund invests primarily in companies listed (or expected to be listed) on the Australian Securities Exchange (and other regular exchanges), and is typically diversified across major listed industry groups.

The APIR code of the PIC Wholesale Australian Share managed fund is MLC0768AU.

PIC Wholesale Australian Share’s total return last month was 1.73%. This was made up of a growth return of 0.53% and an income return of 1.2%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Australian Share’s total return for the last three months was -1.22%. This was made up of a growth return of -2.39% and an income return of 1.17%%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Australian Share’s one-year total return is 11.54%. This was made up of a growth return of 8.48% and an income return of 3.06%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Australian Share’s one-year total return is 6.45%. This was made up of a growth return of -1.31% and an income return of 7.76%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the PIC Wholesale Australian Share managed fund is :

Australian Equities
83.14%
International Equities
7.90%
Cash
8.95%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the PIC Wholesale Australian Share managed fund is MLC Investments Limited.

The PIC Wholesale Australian Share managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at , the size of the PIC Wholesale Australian Share managed fund was $ million.

The PIC Wholesale Australian Share managed fund has an inception date of 14 Mar 2007.

The current entry price of the PIC Wholesale Australian Share managed fund is $0.96401 per unit and the current exit price is $0.96016 per unit (as at 28 Jun 2024).

The current exit price of the PIC Wholesale Australian Share managed fund is $0.96016 per unit and the current entry price is $0.96401 per unit (as at 28 Jun 2024).

The minimum initial investment amount for the PIC Wholesale Australian Share managed fund is $1,000. 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.