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  5. MLC MasterKey Term Allocated Pension - IncomeBuilder - Managed fund profile

MLC MasterKey Term Allocated Pension - IncomeBuilder - Managed Fund

Fund Objective
Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.
Fund Strategy
The fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The fund is expected to generated tax-effective returns by: investing in companies expected to have high franking levels, and carefully managing the realisation of capital gains.

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 -2.04% 0.03% 8.21% 24.38% 12.55% 10.37% 8.37% 7.23%
Growth return -2.04% 0.03% 8.21% 24.38% 12.55% 10.37% 8.37% 7.23%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Term Allocated Pension - IncomeBuilder
Australian Equities
89.45%
International Equities
2.53%
Cash
2.37%
Property
5.56%
Alternatives
0.10%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
93.36%
International Equities
4.21%
Cash
-0.08%
Property
2.11%
Alternatives
0.01%
Fixed Interest
0.40%

General Information

Fund Details
Type Description
MLC MasterKey Term Allocated Pension - IncomeBuilder
NULIS Nominees (Australia) Limited
MLC0589AU
Equity Australia Large Value
starstarstar (as at 31 Oct 2024)
Allocated Pension
1 Oct 2004
$3.3 million (as at 31 Oct 2024)
$61.61003 (as at 21 Nov 2024)
$61.30273 (as at 21 Nov 2024)
Open
Offer information
Type Description
Standard entry fee 5%
MER 1% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2024)

Holding (as at 31 Jul 2024) Type % of Portfolio
Westpac Banking Corp Equity 9.05%
Login now to view the complete list of holdings.

FAQs about the MLC MasterKey Term Allocated Pension - IncomeBuilder

The objective of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund is Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.

The strategy of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund is The fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The fund is expected to generated tax-effective returns by: investing in companies expected to have high franking levels, and carefully managing the realisation of capital gains.

The APIR code of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund is MLC0589AU.

MLC MasterKey Term Allocated Pension - IncomeBuilder’s total return last month was -2.04%. This was made up of a growth return of -2.04% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Term Allocated Pension - IncomeBuilder’s total return for the last three months was 0.03%. This was made up of a growth return of 0.03% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Term Allocated Pension - IncomeBuilder’s one-year total return is 24.38%. This was made up of a growth return of 24.38% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Term Allocated Pension - IncomeBuilder’s one-year total return is 10.37%. This was made up of a growth return of 10.37% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund is :

Australian Equities
89.45%
International Equities
2.53%
Cash
2.37%
Property
5.56%
Alternatives
0.10%
Fixed Interest
0%

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

The MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 31 Oct 2024, the size of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund was $3.3 million.

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

The current entry price of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund is $61.61003 per unit and the current exit price is $61.30273 per unit (as at 21 Nov 2024).

The current exit price of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund is $61.30273 per unit and the current entry price is $61.61003 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the MLC MasterKey Term Allocated Pension - IncomeBuilder 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.