InvestSMART

PIC Wholesale Global Property - Managed Fund

Fund Objective
Aims to outperform the Benchmark (after fees) over 7 year periods.
Fund Strategy
The fund invests primarily in property securities around the world, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It does not normally invest in direct property. Foreign currency exposures will generally be substantially hedged to the Australian dollar.

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.

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 0.63% -1.73% -3.45% 4.75% -1.94% -4.3% -1.94% 2.47%
Growth return 0.57% -1.79% -3.51% 4.69% -1.99% -4.33% -3.36% 0.54%
Income return 0.06% 0.06% 0.06% 0.06% 0.05% 0.03% 1.42% 1.93%
Market index (UBS Global Investors Ex AUS NR Hdg AUD)
Total return -0.66% -3.15% 4.21% 14.82% 13.19% 16.95% 16.58% 7.77%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIC Wholesale Global Property
International Equities
8.85%
Cash
2.49%
Property & Infrastructure
88.66%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
14.01%
Cash
2.32%
Property & Infrastructure
81.07%
Australian Equities
1.74%
Fixed Interest
0.05%
Alternatives
0.80%

General Information

Fund Details
Type Description
PIC Wholesale Global Property (Wholesale)
MLC Investments Limited
MLC0788AU
Equity Global Real Estate
star (as at 30 Jun 2024)
Investment Fund
10 May 2007
n/a
$0.65596 (as at 28 Jun 2024)
$0.65465 (as at 28 Jun 2024)
Finalised
Offer information
Type Description
MER 0.87% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.89% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2025)

Holding (as at 30 Sep 2025) Type % of Portfolio
Welltower Inc Equity - REIT 9.68%
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

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 PIC Wholesale Global Property

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

The strategy of the PIC Wholesale Global Property managed fund is The fund invests primarily in property securities around the world, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It does not normally invest in direct property. Foreign currency exposures will generally be substantially hedged to the Australian dollar.

The APIR code of the PIC Wholesale Global Property managed fund is MLC0788AU.

PIC Wholesale Global Property’s total return last month was 0.63%. This was made up of a growth return of 0.57% and an income return of 0.06%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Global Property’s total return for the last three months was -1.73%. This was made up of a growth return of -1.79% and an income return of 0.06%%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Global Property’s one-year total return is 4.75%. This was made up of a growth return of 4.69% and an income return of 0.06%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Global Property’s one-year total return is -4.3%. This was made up of a growth return of -4.33% and an income return of 0.03%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the PIC Wholesale Global Property managed fund is :

International Equities
8.85%
Cash
2.49%
Property & Infrastructure
88.66%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the PIC Wholesale Global Property managed fund is MLC Investments Limited.

The PIC Wholesale Global Property managed fund belongs to the Equity Global Real Estate sector/asset class.

As at , the size of the PIC Wholesale Global Property managed fund was $ million.

The PIC Wholesale Global Property managed fund has an inception date of 10 May 2007.

The current entry price of the PIC Wholesale Global Property managed fund is $0.65596 per unit and the current exit price is $0.65465 per unit (as at 28 Jun 2024).

The current exit price of the PIC Wholesale Global Property managed fund is $0.65465 per unit and the current entry price is $0.65596 per unit (as at 28 Jun 2024).

The minimum initial investment amount for the PIC Wholesale Global Property 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.