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  5. MLC Investment Portfolio - MIF Fixed Interest - Managed fund profile

MLC Investment Portfolio - 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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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 0.08% 0.46% 0.45% 0.84% 2.89% 1.71% 3.59% 3.33%
Growth return 0.08% 0.46% 0.45% 0.84% 2.89% 1.71% 3.59% 3.32%
Income return 0% 0% 0% 0% 0% 0% 0% 0.01%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 30 Apr 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Investment Portfolio - MIF Fixed Interest
Cash
8.31%
Fixed Interest
91.69%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.60%
Fixed Interest
92.48%
Australian Equities
0.62%
International Equities
0.02%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
MLC Investment Portfolio - MIF Fixed Interest
Closed
MLC Limited
NFS0232AU
Bonds - Australia
starstarstarstar (as at 30 Apr 2016)
Investment Fund
1 Feb 1995
$0.01 million (as at 29 Apr 2016)
$120.8961 (as at 26 May 2016)
$120.8961 (as at 26 May 2016)
Finalised
Offer information
Type Description

FAQs about the MLC Investment Portfolio - MIF Fixed Interest

The objective of the MLC Investment Portfolio - 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.

The strategy of the MLC Investment Portfolio - 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.

The APIR code of the MLC Investment Portfolio - MIF Fixed Interest managed fund is NFS0232AU.

MLC Investment Portfolio - MIF Fixed Interest’s total return last month 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 30 Apr 2016.

MLC Investment Portfolio - MIF Fixed Interest’s total return for the last three months was 0.46%. This was made up of a growth return of 0.46% and an income return of 0%%. These returns were calculated as at 30 Apr 2016.

MLC Investment Portfolio - MIF Fixed Interest’s one-year total return is 0.84%. This was made up of a growth return of 0.84% and an income return of 0%. These returns were calculated as at 30 Apr 2016.

MLC Investment Portfolio - MIF Fixed Interest’s one-year total return is 1.71%. This was made up of a growth return of 1.71% and an income return of 0%. These returns were calculated as at 30 Apr 2016.

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

Cash
8.31%
Fixed Interest
91.69%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

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

The MLC Investment Portfolio - MIF Fixed Interest managed fund belongs to the Bonds - Australia sector/asset class.

As at 29 Apr 2016, the size of the MLC Investment Portfolio - MIF Fixed Interest managed fund was $0.01 million.

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

The current entry price of the MLC Investment Portfolio - MIF Fixed Interest managed fund is $120.8961 per unit and the current exit price is $120.8961 per unit (as at 26 May 2016).

The current exit price of the MLC Investment Portfolio - MIF Fixed Interest managed fund is $120.8961 per unit and the current entry price is $120.8961 per unit (as at 26 May 2016).

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

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.