MLC Account-based Pension - MIF Fixed Interest - Managed Fund (Closed)

Fund Objective

To outperform the UBS Australian Composite Bond Index over the medium term (before taking into account fees and taxes) by using an active investment strategy.

Fund Strategy

Invests primarily in bank deposits and money-market securities issued by the Australian government, state government, banks and companies, but may also invest in longer maturity mortgage/asset backed securities and corporate bonds with floating interest rates.

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.

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Fees Comparison

% p.a.

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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%	0.68%	3.2%	4.85%	3.45%	5.02%	6.12%	5.33%
Growth return	-0.28%	0.68%	3.2%	4.85%	3.45%	5.02%	6.12%	5.33%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return	-1.88%	-0.39%	2.26%	7.08%	2.86%	-0.62%	-0.68%	2.11%

As at 30 Sep 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Account-based Pension - MIF Fixed Interest

Cash: 8.31%

Fixed Interest: 91.69%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 5.50%

Fixed Interest: 92.22%

Australian Equities: 1.30%

International Equities: 0.54%

Property: 0.06%

Alternatives: 0.36%

General Information

Fund Details

Type	Description
Fund Name	MLC Account-based Pension - MIF Fixed Interest
Fund Status	Closed
Responsible Entity	MLC Limited
APIR Code	NFS0491AU
Sector/Asset Class	Bonds - Australia
Morningstar Rating	(as at 30 Sep 2014)
Legal Structure	Allocated Pension
Fund Inception	30 Jul 1993
Fund Size	n/a
Entry Price	$159.4531 (as at 30 Oct 2014)
Exit Price	$159.4531 (as at 30 Oct 2014)
Fund Status	Finalised

Offer information

Type	Description
Standard entry fee	4.40%
Minimum initial investment	$20,000

FAQs about the MLC Account-based Pension - MIF Fixed Interest

What is the objective of the MLC Account-based Pension - MIF Fixed Interest managed fund?

The objective of the MLC Account-based Pension - MIF Fixed Interest managed fund is To outperform the UBS Australian Composite Bond Index over the medium term (before taking into account fees and taxes) by using an active investment strategy.

What is the strategy for the MLC Account-based Pension - MIF Fixed Interest managed fund?

The strategy of the MLC Account-based Pension - MIF Fixed Interest managed fund is Invests primarily in bank deposits and money-market securities issued by the Australian government, state government, banks and companies, but may also invest in longer maturity mortgage/asset backed securities and corporate bonds with floating interest rates.

What is the APIR code of the MLC Account-based Pension - MIF Fixed Interest managed fund?

The APIR code of the MLC Account-based Pension - MIF Fixed Interest managed fund is NFS0491AU.

What was MLC Account-based Pension - MIF Fixed Interest’s total return last month?

MLC Account-based Pension - MIF Fixed Interest’s total return last month was -0.28%. This was made up of a growth return of -0.28% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

What was MLC Account-based Pension - MIF Fixed Interest’s total return for the last three months?

MLC Account-based Pension - MIF Fixed Interest’s total return for the last three months was 0.68%. This was made up of a growth return of 0.68% and an income return of 0%%. These returns were calculated as at 30 Sep 2014.

What is MLC Account-based Pension - MIF Fixed Interest’s one-year total return?

MLC Account-based Pension - MIF Fixed Interest’s one-year total return is 4.85%. This was made up of a growth return of 4.85% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

What is MLC Account-based Pension - MIF Fixed Interest’s three-year total return?

MLC Account-based Pension - MIF Fixed Interest’s one-year total return is 5.02%. This was made up of a growth return of 5.02% and an income return of 0%. These returns were calculated as at 30 Sep 2014.

What is the asset allocation of the MLC Account-based Pension - MIF Fixed Interest managed fund?

The asset allocation of the MLC Account-based Pension - MIF Fixed Interest managed fund is :

Cash: 8.31%

Fixed Interest: 91.69%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Who is the responsible Entity of the MLC Account-based Pension - MIF Fixed Interest managed fund?

The Responsible Entity for the MLC Account-based Pension - MIF Fixed Interest managed fund is MLC Limited.

What sector/asset class does the MLC Account-based Pension - MIF Fixed Interest managed fund belong to?

The MLC Account-based Pension - MIF Fixed Interest managed fund belongs to the Bonds - Australia sector/asset class.

What is the size of the MLC Account-based Pension - MIF Fixed Interest managed fund?

As at 30 Jun 2015, the size of the MLC Account-based Pension - MIF Fixed Interest managed fund was $ million.

What is the inception date of the MLC Account-based Pension - MIF Fixed Interest managed fund?

The MLC Account-based Pension - MIF Fixed Interest managed fund has an inception date of 30 Jul 1993.

What is the current entry price of the MLC Account-based Pension - MIF Fixed Interest managed fund?

The current entry price of the MLC Account-based Pension - MIF Fixed Interest managed fund is $159.4531 per unit and the current exit price is $159.4531 per unit (as at 30 Oct 2014).

What is the current exit price of the MLC Account-based Pension - MIF Fixed Interest managed fund?

The current exit price of the MLC Account-based Pension - MIF Fixed Interest managed fund is $159.4531 per unit and the current entry price is $159.4531 per unit (as at 30 Oct 2014).

What is the minimum investment amount for the MLC Account-based Pension - MIF Fixed Interest managed fund?

The minimum initial investment amount for the MLC Account-based Pension - MIF Fixed Interest managed fund is $20,000.

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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