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  5. MLC Entrepreneur Investment Bond - Managed - Managed fund profile

MLC Entrepreneur Investment Bond - Managed - Managed Fund

Fund Objective
The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 4 year periods. MLC aims to achieve this by actively managing the portfolio. This includes reducing risk in the portfolio if market risk is high. As a result, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets.
Fund Strategy
The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

Fund Performance Comparison

Created with Highcharts 10.2.1TimeReturns (%)Chart context menu1M3M6M1Y P.A.2Y P.A.3Y P.A.5Y P.A.10Y P.A.-4-202468101214

Relative Fund Performance vs 516 peers using Morningstar AUS Growth Tgt Alloc NR AUD as their benchmark.

MLC Entrepreneur Investment Bond - Managed
Peers
Benchmark (Morningstar AUS Growth Tgt Alloc NR AUD)
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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

2.34
% p.a.
MLC Entrepreneur Investment Bond - Managed
1.13
% p.a.
Average of peers (516)
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 -1.06% 0.08% 3.11% 6.85% 7.53% 4.53% 4.66% 4.13%
Growth return -1.06% 0.08% 3.11% 6.85% 7.53% 4.53% 4.66% 4.13%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.99% 0.56% 4.65% 10.8% 11.86% 7.35% 7.39% 6.94%
As at 28 Feb 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Entrepreneur Investment Bond - Managed
Australian Equities
25.60%
International Equities
37.84%
Cash
2.53%
Property
0.06%
Fixed Interest
23.52%
Alternatives
10.45%
Created with Highcharts 10.2.125.60%37.84%2.53%0.06%23.52%10.45%
Average Allocation of Peers
Australian Equities
27.18%
International Equities
34.81%
Cash
4.81%
Property
6.50%
Fixed Interest
22.30%
Alternatives
4.39%
Created with Highcharts 10.2.127.18%34.81%4.81%6.50%22.30%4.39%

General Information

Fund Details
Type Description
MLC Entrepreneur Investment Bond - Managed
MLC Limited
AEL0202AU
Multisector Growth
starstarstar (as at 28 Feb 2025)
Investment Fund
1 Jan 1982
$20.01 million (as at 31 Jan 2025)
$22.49202 (as at 20 Mar 2025)
$22.49202 (as at 20 Mar 2025)
Closed
Offer information
Type Description
MER 2.34% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 2.30% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0.02
Minimum initial investment $100.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Nov 2024)

Holding (as at 30 Nov 2024) Type % of Portfolio
Multimix Wholesale International Shares Trust Mutual Fund - Unspecified 30.03%
Login now to view the complete list of holdings.

FAQs about the MLC Entrepreneur Investment Bond - Managed

The objective of the MLC Entrepreneur Investment Bond - Managed managed fund is The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 4 year periods. MLC aims to achieve this by actively managing the portfolio. This includes reducing risk in the portfolio if market risk is high. As a result, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets.

The strategy of the MLC Entrepreneur Investment Bond - Managed managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The APIR code of the MLC Entrepreneur Investment Bond - Managed managed fund is AEL0202AU.

MLC Entrepreneur Investment Bond - Managed’s total return last month was -1.06%. This was made up of a growth return of -1.06% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

MLC Entrepreneur Investment Bond - Managed’s total return for the last three months was 0.08%. This was made up of a growth return of 0.08% and an income return of 0%%. These returns were calculated as at 28 Feb 2025.

MLC Entrepreneur Investment Bond - Managed’s one-year total return is 6.85%. This was made up of a growth return of 6.85% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

MLC Entrepreneur Investment Bond - Managed’s one-year total return is 4.53%. This was made up of a growth return of 4.53% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

The asset allocation of the MLC Entrepreneur Investment Bond - Managed 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 Entrepreneur Investment Bond - Managed managed fund is MLC Limited.

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

As at 31 Jan 2025, the size of the MLC Entrepreneur Investment Bond - Managed managed fund was $20.01 million.

The MLC Entrepreneur Investment Bond - Managed managed fund has an inception date of 1 Jan 1982.

The current entry price of the MLC Entrepreneur Investment Bond - Managed managed fund is $22.49202 per unit and the current exit price is $22.49202 per unit (as at 20 Mar 2025).

The current exit price of the MLC Entrepreneur Investment Bond - Managed managed fund is $22.49202 per unit and the current entry price is $22.49202 per unit (as at 20 Mar 2025).

The minimum initial investment amount for the MLC Entrepreneur Investment Bond - Managed managed fund is $100. 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.