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  5. PIC Wholesale Index Plus Conservative Growth Portfolio - Managed fund profile

PIC Wholesale Index Plus Conservative Growth Portfolio - Managed Fund

Fund Objective
Aims to provide a return that meets the Benchmark (before fees) over 3 year periods. At the same time, we aim to manage risks and returns in the Trust by changing its asset allocation.
Fund Strategy
To meet the Benchmark return while reducing the How the Trust is managed: Trust's exposure to market risks, our investment experts: Actively manage the Trust's exposure to return opportunities and risk by adjusting the allocations to the asset classes away from the strategic asset allocation, while aiming to remain within the defined ranges shown below. Research and select mostly mainstream asset classes, with some exposure to alternative assets and strategies.

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 1.22% 0.23% 4.48% 9.88% 8.76% 3.65% 4.85% -%
Growth return -0.37% -1.36% 2.58% 6.88% 6.46% 1.41% 1.92% -%
Income return 1.59% 1.59% 1.9% 3% 2.3% 2.24% 2.93% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.42% 4.1% 5.63% 9.6% 10.37% 9.02% 6.33% 6.31%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIC Wholesale Index Plus Conservative Growth Portfolio
Australian Equities
18.22%
International Equities
30.13%
Cash
3.29%
Property & Infrastructure
4.03%
Fixed Interest
38.08%
Alternatives
6.25%
Average Allocation of Peers
Australian Equities
16.40%
International Equities
27.91%
Cash
8.22%
Property & Infrastructure
3.77%
Fixed Interest
36.19%
Alternatives
7.51%

General Information

Fund Details
Type Description
PIC Wholesale Index Plus Conservative Growth Portfolio
MLC Limited
MLC5068AU
Multisector Balanced
starstarstarstar (as at 30 Jun 2024)
Investment Fund
14 Jul 2017
n/a
$1.19164 (as at 28 Jun 2024)
$1.19045 (as at 28 Jun 2024)
Finalised
Offer information
Type Description
MER 0.29% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.29% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum redemption amount

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025) Type % of Portfolio
Ardea Composite Bond Fund Class F Alternatives - Private Equity 3.61%
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FAQs about the PIC Wholesale Index Plus Conservative Growth Portfolio

The objective of the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund is Aims to provide a return that meets the Benchmark (before fees) over 3 year periods. At the same time, we aim to manage risks and returns in the Trust by changing its asset allocation.

The strategy of the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund is To meet the Benchmark return while reducing the How the Trust is managed: Trust's exposure to market risks, our investment experts: Actively manage the Trust's exposure to return opportunities and risk by adjusting the allocations to the asset classes away from the strategic asset allocation, while aiming to remain within the defined ranges shown below. Research and select mostly mainstream asset classes, with some exposure to alternative assets and strategies.

The APIR code of the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund is MLC5068AU.

PIC Wholesale Index Plus Conservative Growth Portfolio’s total return last month was 1.22%. This was made up of a growth return of -0.37% and an income return of 1.59%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Index Plus Conservative Growth Portfolio’s total return for the last three months was 0.23%. This was made up of a growth return of -1.36% and an income return of 1.59%%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Index Plus Conservative Growth Portfolio’s one-year total return is 9.88%. This was made up of a growth return of 6.88% and an income return of 3%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Index Plus Conservative Growth Portfolio’s one-year total return is 3.65%. This was made up of a growth return of 1.41% and an income return of 2.24%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund is :

Australian Equities
18.22%
International Equities
30.13%
Cash
3.29%
Property & Infrastructure
4.03%
Fixed Interest
38.08%
Alternatives
6.25%

The Responsible Entity for the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund is MLC Limited.

The PIC Wholesale Index Plus Conservative Growth Portfolio managed fund belongs to the Multisector Balanced sector/asset class.

As at , the size of the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund was $ million.

The PIC Wholesale Index Plus Conservative Growth Portfolio managed fund has an inception date of 14 Jul 2017.

The current entry price of the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund is $1.19164 per unit and the current exit price is $1.19045 per unit (as at 28 Jun 2024).

The current exit price of the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund is $1.19045 per unit and the current entry price is $1.19164 per unit (as at 28 Jun 2024).

The minimum initial investment amount for the PIC Wholesale Index Plus Conservative Growth Portfolio managed fund 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.