MLC MasterKey Term Allocated Pension - IncomeBuilder - Managed Fund

Fund Objective

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 Strategy

Fund Performance Comparison

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Peers

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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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	4.69%	5.04%	2.65%	14.16%	12.51%	12.29%	12.6%	9.38%
Growth return	0.27%	0.39%	1.63%	7.23%	10.93%	10.52%	12.02%	8.58%
Income return	4.42%	4.65%	1.02%	6.93%	1.58%	1.77%	0.58%	0.8%
Market index (S&P/ASX 200 TR AUD)
Total return	4.11%	7.34%	4.07%	16.19%	13.02%	12.22%	10.78%	10.76%

As at 28 Feb 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Term Allocated Pension - IncomeBuilder

Australian Equities: 100%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 95.85%

International Equities: 4.24%

Cash: -1.01%

Property & Infrastructure: 1.27%

Fixed Interest: -0.33%

Alternatives: -0.02%

General Information

Fund Details

Type	Description
Fund Name	MLC MasterKey Term Allocated Pension - IncomeBuilder
APIR Code	MLC0589AU
Sector/Asset Class	Equity Australia Large Value
Morningstar Rating	(as at 31 Jan 2026)
Legal Structure	Allocated Pension
Fund Inception	1 Oct 2004
Fund Size	$158.85 million (as at 31 Jan 2026)
Entry Price	$70.18861 (as at 3 Mar 2026)
Exit Price	$69.83853 (as at 3 Mar 2026)
Fund Status	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)
Minimum initial investment	$20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Nov 2025)

Holding (as at 30 Nov 2025)	Type	% of Portfolio
Westpac Banking Corp		8.71%
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FAQs about the MLC MasterKey Term Allocated Pension - IncomeBuilder

What is the objective of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

The objective 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.

What is the strategy for the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

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.

What is the APIR code of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

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

What was MLC MasterKey Term Allocated Pension - IncomeBuilder’s total return last month?

MLC MasterKey Term Allocated Pension - IncomeBuilder’s total return last month was 4.69%. This was made up of a growth return of 0.27% and an income return of 4.42%. These returns were calculated as at 28 Feb 2026.

What was MLC MasterKey Term Allocated Pension - IncomeBuilder’s total return for the last three months?

MLC MasterKey Term Allocated Pension - IncomeBuilder’s total return for the last three months was 5.04%. This was made up of a growth return of 0.39% and an income return of 4.65%%. These returns were calculated as at 28 Feb 2026.

What is MLC MasterKey Term Allocated Pension - IncomeBuilder’s one-year total return?

MLC MasterKey Term Allocated Pension - IncomeBuilder’s one-year total return is 14.16%. This was made up of a growth return of 7.23% and an income return of 6.93%. These returns were calculated as at 28 Feb 2026.

What is MLC MasterKey Term Allocated Pension - IncomeBuilder’s three-year total return?

MLC MasterKey Term Allocated Pension - IncomeBuilder’s one-year total return is 12.29%. This was made up of a growth return of 10.52% and an income return of 1.77%. These returns were calculated as at 28 Feb 2026.

What is the asset allocation of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

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

Australian Equities: 100%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund belong to?

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

What is the size of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

As at 31 Jan 2026, the size of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund was $158.85 million.

What is the inception date of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

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

What is the current entry price of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

The current entry price of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund is $70.18861 per unit and the current exit price is $69.83853 per unit (as at 3 Mar 2026).

What is the current exit price of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

The current exit price of the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund is $69.83853 per unit and the current entry price is $70.18861 per unit (as at 3 Mar 2026).

What is the minimum investment amount for the MLC MasterKey Term Allocated Pension - IncomeBuilder managed fund?

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.

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