InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. MLC - Breakthrough Bond - Managed fund profile

MLC - Breakthrough Bond - Managed Fund

Fund Objective
A multi sector growth insurance bond aiming to provide capital growth and income without high levels of volatility.
Fund Strategy
Invest in a mix of assets including Australian and international property, fixed interest securities and equities according to MLC's philosophy that diversification must be pursued to minimise risk. Asset allocation decisions are made by MLC, but security selection risk is minimised by using a range of specialist managers and passive indexed investment techniques.

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 0.21% 2.23% 4.8% 13.42% 8.57% 3.72% 4.45% 4.9%
Growth return 0.21% 2.23% 4.8% 13.42% 8.57% 3.72% 4.45% 4.9%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.43% 1.58% 7.38% 20.91% 12.04% 5.34% 6.61% 7.49%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC - Breakthrough Bond
Australian Equities
25.60%
International Equities
37.84%
Cash
2.53%
Property
0.06%
Fixed Interest
23.52%
Alternatives
10.45%
Average Allocation of Peers
Australian Equities
27.52%
International Equities
34.02%
Cash
5.63%
Property
6.78%
Fixed Interest
21.64%
Alternatives
4.40%

General Information

Fund Details
Type Description
MLC - Breakthrough Bond
MLC Limited
MLC0106AU
Multisector Growth
starstarstarstar (as at 31 Oct 2024)
Investment Fund
31 May 1985
$11.91 million (as at 30 Sep 2024)
$9.26535 (as at 20 Nov 2024)
$9.26535 (as at 20 Nov 2024)
Closed
Offer information
Type Description
Standard entry fee 5%
MER 1.99% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 1.99% (as at 30 Jun 2015)
Performance fee (not included in ICR) 0
Minimum initial investment $3,000.00

Top 10 holdings (as at 30 Jun 2023)

Holding (as at 30 Jun 2023) Type % of Portfolio
Mlc Pe Institutional Class Mutual Fund - Unspecified 4.07%
Login now to view the complete list of holdings.

FAQs about the MLC - Breakthrough Bond

The objective of the MLC - Breakthrough Bond managed fund is A multi sector growth insurance bond aiming to provide capital growth and income without high levels of volatility.

The strategy of the MLC - Breakthrough Bond managed fund is Invest in a mix of assets including Australian and international property, fixed interest securities and equities according to MLC's philosophy that diversification must be pursued to minimise risk. Asset allocation decisions are made by MLC, but security selection risk is minimised by using a range of specialist managers and passive indexed investment techniques.

The APIR code of the MLC - Breakthrough Bond managed fund is MLC0106AU.

MLC - Breakthrough Bond’s total return last month was 0.21%. This was made up of a growth return of 0.21% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC - Breakthrough Bond’s total return for the last three months was 2.23%. This was made up of a growth return of 2.23% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

MLC - Breakthrough Bond’s one-year total return is 13.42%. This was made up of a growth return of 13.42% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC - Breakthrough Bond’s one-year total return is 3.72%. This was made up of a growth return of 3.72% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC - Breakthrough Bond managed fund is :

Australian Equities
25.60%
International Equities
37.84%
Cash
2.53%
Property
0.06%
Fixed Interest
23.52%
Alternatives
10.45%

The Responsible Entity for the MLC - Breakthrough Bond managed fund is MLC Limited.

The MLC - Breakthrough Bond managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2024, the size of the MLC - Breakthrough Bond managed fund was $11.91 million.

The MLC - Breakthrough Bond managed fund has an inception date of 31 May 1985.

The current entry price of the MLC - Breakthrough Bond managed fund is $9.26535 per unit and the current exit price is $9.26535 per unit (as at 20 Nov 2024).

The current exit price of the MLC - Breakthrough Bond managed fund is $9.26535 per unit and the current entry price is $9.26535 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the MLC - Breakthrough Bond managed fund is $3,000.

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.