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  5. MLC MasterKey Term Allocated Pension - Horizon 1 Bond - Managed fund profile

MLC MasterKey Term Allocated Pension - Horizon 1 Bond - Managed Fund (Closed)

Fund Objective
The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 2 year periods. The return is also expected to be higher than cash investments. At the same time, the portfolio aims to preserve your investment over 1 year periods.
Fund Strategy
The portfolio is broadly diversified across different types of fixed income securities and investment managers in Australia and around the world. The securities in the portfolio are predominantly investment grade and have an average term to maturity of up to 1.25 years. You can use the portfolio for your whole portfolio or add it to other investments.

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 1.43% 0.29% -1.36% -2.16% -0.93% -0.65% 0% 0.94%
Growth return -0.72% -1.54% -3.01% -3.46% -1.44% -1.07% -0.25% 0.83%
Income return 2.15% 1.83% 1.65% 1.3% 0.51% 0.42% 0.25% 0.11%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.12% 2.23% 4.45% 4.05% 2.94% 1.87% 1.92%
As at 31 Jul 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Term Allocated Pension - Horizon 1 Bond
International Equities
0%
Cash
2.36%
Fixed Interest
80.33%
Alternatives
17.31%
Australian Equities
0%
Average Allocation of Peers
International Equities
0.05%
Cash
26.17%
Fixed Interest
73.37%
Alternatives
0.03%
Australian Equities
0.39%

General Information

Fund Details
Type Description
MLC MasterKey Term Allocated Pension - Horizon 1 Bond
Closed
NULIS Nominees (Australia) Limited
MLC0615AU
Australian Short Term Fixed Interest
starstarstar (as at 30 Jun 2020)
Allocated Pension
1 Oct 2004
$0.79 million (as at 30 Jun 2022)
$15.8095 (as at 29 Jul 2022)
$15.77 (as at 29 Jul 2022)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 1.08% (as at 1 Oct 2021)
Indirect Cost Ratio (ICR) 1.01% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2022)

Holding (as at 30 Jun 2022) Type % of Portfolio
Ardea Global Alpha Plus Fund -Class C Alternatives - Private Equity 2.47%
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FAQs about the MLC MasterKey Term Allocated Pension - Horizon 1 Bond

The objective of the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund is The portfolio aims to provide a return higher than its benchmark (before fees and tax) over 2 year periods. The return is also expected to be higher than cash investments. At the same time, the portfolio aims to preserve your investment over 1 year periods.

The strategy of the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund is The portfolio is broadly diversified across different types of fixed income securities and investment managers in Australia and around the world. The securities in the portfolio are predominantly investment grade and have an average term to maturity of up to 1.25 years. You can use the portfolio for your whole portfolio or add it to other investments.

The APIR code of the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund is MLC0615AU.

MLC MasterKey Term Allocated Pension - Horizon 1 Bond’s total return last month was 1.43%. This was made up of a growth return of -0.72% and an income return of 2.15%. These returns were calculated as at 31 Jul 2022.

MLC MasterKey Term Allocated Pension - Horizon 1 Bond’s total return for the last three months was 0.29%. This was made up of a growth return of -1.54% and an income return of 1.83%%. These returns were calculated as at 31 Jul 2022.

MLC MasterKey Term Allocated Pension - Horizon 1 Bond’s one-year total return is -2.16%. This was made up of a growth return of -3.46% and an income return of 1.3%. These returns were calculated as at 31 Jul 2022.

MLC MasterKey Term Allocated Pension - Horizon 1 Bond’s one-year total return is -0.65%. This was made up of a growth return of -1.07% and an income return of 0.42%. These returns were calculated as at 31 Jul 2022.

The asset allocation of the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund is :

International Equities
0%
Cash
2.36%
Fixed Interest
80.33%
Alternatives
17.31%
Australian Equities
0%

The Responsible Entity for the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund is NULIS Nominees (Australia) Limited.

The MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 30 Jun 2022, the size of the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund was $0.79 million.

The MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund has an inception date of 1 Oct 2004.

The current entry price of the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund is $15.8095 per unit and the current exit price is $15.77 per unit (as at 29 Jul 2022).

The current exit price of the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund is $15.77 per unit and the current entry price is $15.8095 per unit (as at 29 Jul 2022).

The minimum initial investment amount for the MLC MasterKey Term Allocated Pension - Horizon 1 Bond managed fund is $20,000. 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.