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  5. MLC Investment Portfolio - MIF Cash - Managed fund profile

MLC Investment Portfolio - MIF Cash - Managed Fund

Fund Objective
To achieve a secure positive return in the short-term that is at least equal to that available in the short-term money market, whilst providing an immediate and ongoing capital guarantee.
Fund Strategy
Invest in cash deposits and short term securities with high security and high liquidity. The likelihood of a negative annual return is negligible.

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 0.16% 0.49% 0.99% 1.97% 1.7% 1.17% 0.65% 0.26%
Growth return 0.16% 0.49% 0.99% 1.97% 1.7% 1.17% 0.65% 0.26%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Investment Portfolio - MIF Cash
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
22.90%
Australian Equities
5.48%
International Equities
8.96%
Property
1.84%
Fixed Interest
34.55%
Alternatives
26.27%

General Information

Fund Details
Type Description
MLC Investment Portfolio - MIF Cash
MLC Limited
NFS0231AU
Australian Cash
starstarstar (as at 31 Mar 2013)
Investment Fund
1 Feb 1995
$0.01 million (as at 30 Apr 2021)
$82.67681 (as at 20 Nov 2024)
$82.67681 (as at 20 Nov 2024)
Open
Offer information
Type Description
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the MLC Investment Portfolio - MIF Cash

The objective of the MLC Investment Portfolio - MIF Cash managed fund is To achieve a secure positive return in the short-term that is at least equal to that available in the short-term money market, whilst providing an immediate and ongoing capital guarantee.

The strategy of the MLC Investment Portfolio - MIF Cash managed fund is Invest in cash deposits and short term securities with high security and high liquidity. The likelihood of a negative annual return is negligible.

The APIR code of the MLC Investment Portfolio - MIF Cash managed fund is NFS0231AU.

MLC Investment Portfolio - MIF Cash’s total return last month was 0.16%. This was made up of a growth return of 0.16% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC Investment Portfolio - MIF Cash’s total return for the last three months was 0.49%. This was made up of a growth return of 0.49% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

MLC Investment Portfolio - MIF Cash’s one-year total return is 1.97%. This was made up of a growth return of 1.97% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC Investment Portfolio - MIF Cash’s one-year total return is 1.17%. This was made up of a growth return of 1.17% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC Investment Portfolio - MIF Cash managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the MLC Investment Portfolio - MIF Cash managed fund is MLC Limited.

The MLC Investment Portfolio - MIF Cash managed fund belongs to the Australian Cash sector/asset class.

As at 30 Apr 2021, the size of the MLC Investment Portfolio - MIF Cash managed fund was $0.01 million.

The MLC Investment Portfolio - MIF Cash managed fund has an inception date of 1 Feb 1995.

The current entry price of the MLC Investment Portfolio - MIF Cash managed fund is $82.67681 per unit and the current exit price is $82.67681 per unit (as at 20 Nov 2024).

The current exit price of the MLC Investment Portfolio - MIF Cash managed fund is $82.67681 per unit and the current entry price is $82.67681 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the MLC Investment Portfolio - MIF Cash managed fund is $0. 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.