RL MFIP - Managed Income - Managed Fund

Fund Objective

The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees). It aims to provide higher income returns than traditional cash investments at all stages of interest rate and economic cycles.

Fund Strategy

The Fund provides exposure to a wide range of Australian credit-based securities (predominantly floating and fixed rate corporate bonds, and asset-backed securities) and cash. The Fund may also have exposure to global investment grade credit securities, global high yield credit securities, emerging market debt, hybrid securities and a range of other credit opportunities when they are expected to outperform and reduce exposure to these sectors when they are expected to underperform.

Fund Performance Comparison

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Peers

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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

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.28%	0.77%	1.62%	3.52%	3.82%	3.45%	0.84%	1.06%
Growth return	0.27%	0.76%	-%	3.51%	3.82%	3.45%	0.84%	1.06%
Income return	0.01%	0.01%	-%	0.01%	0%	0%	0%	0%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return	-0.23%	0.69%	1.72%	4.42%	3.32%	3.98%	-0.59%	1.95%

As at 31 Dec 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

RL MFIP - Managed Income

Cash: 16.10%

Fixed Interest: 83.90%

Australian Equities: 0%

International Equities: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 4.71%

Fixed Interest: 93.17%

Australian Equities: 0%

International Equities: 0.13%

Alternatives: 1.98%

General Information

Fund Details

Type	Description
Fund Name	RL MFIP - Managed Income
Responsible Entity	Equity Trustees Superannuation Limited
APIR Code	AMP0982AU
Sector/Asset Class	Diversified Credit
Morningstar Rating	(as at 31 Dec 2025)
Legal Structure	Allocated Pension
Fund Inception	13 Dec 2004
Fund Size	$0.62 million (as at 31 Dec 2019)
Entry Price	$1.50404 (as at 23 Jan 2026)
Exit Price	$1.50404 (as at 23 Jan 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.79% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR)	0.79% (as at 30 Jun 2016)
Minimum initial investment

Top 10 holdings (as at 31 May 2023)

Holding (as at 31 May 2023)	Type	% of Portfolio
Bendigo And Adelaide Bank Ltd	Bond - Undefined	3.63%
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FAQs about the RL MFIP - Managed Income

What is the objective of the RL MFIP - Managed Income managed fund?

The objective of the RL MFIP - Managed Income managed fund is The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees). It aims to provide higher income returns than traditional cash investments at all stages of interest rate and economic cycles.

What is the strategy for the RL MFIP - Managed Income managed fund?

The strategy of the RL MFIP - Managed Income managed fund is The Fund provides exposure to a wide range of Australian credit-based securities (predominantly floating and fixed rate corporate bonds, and asset-backed securities) and cash. The Fund may also have exposure to global investment grade credit securities, global high yield credit securities, emerging market debt, hybrid securities and a range of other credit opportunities when they are expected to outperform and reduce exposure to these sectors when they are expected to underperform.

What is the APIR code of the RL MFIP - Managed Income managed fund?

The APIR code of the RL MFIP - Managed Income managed fund is AMP0982AU.

What was RL MFIP - Managed Income’s total return last month?

RL MFIP - Managed Income’s total return last month was 0.28%. This was made up of a growth return of 0.27% and an income return of 0.01%. These returns were calculated as at 31 Dec 2025.

What was RL MFIP - Managed Income’s total return for the last three months?

RL MFIP - Managed Income’s total return for the last three months was 0.77%. This was made up of a growth return of 0.76% and an income return of 0.01%%. These returns were calculated as at 31 Dec 2025.

What is RL MFIP - Managed Income’s one-year total return?

RL MFIP - Managed Income’s one-year total return is 3.52%. This was made up of a growth return of 3.51% and an income return of 0.01%. These returns were calculated as at 31 Dec 2025.

What is RL MFIP - Managed Income’s three-year total return?

RL MFIP - Managed Income’s one-year total return is 3.45%. This was made up of a growth return of 3.45% and an income return of 0%. These returns were calculated as at 31 Dec 2025.

What is the asset allocation of the RL MFIP - Managed Income managed fund?

The asset allocation of the RL MFIP - Managed Income managed fund is :

Cash: 16.10%

Fixed Interest: 83.90%

Australian Equities: 0%

International Equities: 0%

Alternatives: 0%

Who is the responsible Entity of the RL MFIP - Managed Income managed fund?

The Responsible Entity for the RL MFIP - Managed Income managed fund is Equity Trustees Superannuation Limited.

What sector/asset class does the RL MFIP - Managed Income managed fund belong to?

The RL MFIP - Managed Income managed fund belongs to the Diversified Credit sector/asset class.

What is the size of the RL MFIP - Managed Income managed fund?

As at 31 Dec 2019, the size of the RL MFIP - Managed Income managed fund was $0.62 million.

What is the inception date of the RL MFIP - Managed Income managed fund?

The RL MFIP - Managed Income managed fund has an inception date of 13 Dec 2004.

What is the current entry price of the RL MFIP - Managed Income managed fund?

The current entry price of the RL MFIP - Managed Income managed fund is $1.50404 per unit and the current exit price is $1.50404 per unit (as at 23 Jan 2026).

What is the current exit price of the RL MFIP - Managed Income managed fund?

The current exit price of the RL MFIP - Managed Income managed fund is $1.50404 per unit and the current entry price is $1.50404 per unit (as at 23 Jan 2026).

What is the minimum investment amount for the RL MFIP - Managed Income managed fund?

The minimum initial investment amount for the RL MFIP - Managed Income 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.

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