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  5. MLC MasterKey Term Allocated Pension - Legg Mason Property Securities - Managed fund profile

MLC MasterKey Term Allocated Pension - Legg Mason Property Securities - Managed Fund (Closed)

Fund Objective
The Trust aims to earn a return before fees and taxes of 1.5% p.a. above the S&P/ASX 300 A-REIT Accumulation Index ('Benchmark') over rolling three year periods.
Fund Strategy
The Trust predominately invests in Australian listed property trusts and property-related listed equities and may hold cash.

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 0.07% 3.54% 5.87% 6.29% 20.39% 14.63% 15.91% -%
Growth return 0.07% 3.54% 5.87% 6.29% 20.39% 14.63% 15.91% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return -2.51% 4.46% 14.2% 52.18% 21.11% 8.02% 6.24% 9.27%
As at 31 May 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Term Allocated Pension - Legg Mason Property Securities
International Equities
5.65%
Cash
-0.20%
Property
94.55%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0.74%
Cash
1.99%
Property
94.86%
Australian Equities
2.11%
Fixed Interest
0.25%
Alternatives
0.05%

General Information

Fund Details
Type Description
MLC MasterKey Term Allocated Pension - Legg Mason Property Securities
Closed
MLC Nominees Pty Ltd
MLC0579AU
Equity Australia Real Estate
starstarstarstarstar (as at 31 May 2014)
Allocated Pension
1 Oct 2004
$0.23 million (as at 31 May 2014)
$6.09693 (as at 6 Jun 2014)
$6.09693 (as at 6 Jun 2014)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 1.94% (as at 21 Mar 2005)
Indirect Cost Ratio (ICR) 0.73% (as at 30 Jun 2013)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Goodman Group Equity 35.11%
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FAQs about the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities

The objective of the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund is The Trust aims to earn a return before fees and taxes of 1.5% p.a. above the S&P/ASX 300 A-REIT Accumulation Index ('Benchmark') over rolling three year periods.

The strategy of the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund is The Trust predominately invests in Australian listed property trusts and property-related listed equities and may hold cash.

The APIR code of the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund is MLC0579AU.

MLC MasterKey Term Allocated Pension - Legg Mason Property Securities’s total return last month was 0.07%. This was made up of a growth return of 0.07% and an income return of 0%. These returns were calculated as at 31 May 2014.

MLC MasterKey Term Allocated Pension - Legg Mason Property Securities’s total return for the last three months was 3.54%. This was made up of a growth return of 3.54% and an income return of 0%%. These returns were calculated as at 31 May 2014.

MLC MasterKey Term Allocated Pension - Legg Mason Property Securities’s one-year total return is 6.29%. This was made up of a growth return of 6.29% and an income return of 0%. These returns were calculated as at 31 May 2014.

MLC MasterKey Term Allocated Pension - Legg Mason Property Securities’s one-year total return is 14.63%. This was made up of a growth return of 14.63% and an income return of 0%. These returns were calculated as at 31 May 2014.

The asset allocation of the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund is :

International Equities
5.65%
Cash
-0.20%
Property
94.55%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund is MLC Nominees Pty Ltd.

The MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 May 2014, the size of the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund was $0.23 million.

The MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund has an inception date of 1 Oct 2004.

The current entry price of the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund is $6.09693 per unit and the current exit price is $6.09693 per unit (as at 6 Jun 2014).

The current exit price of the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund is $6.09693 per unit and the current entry price is $6.09693 per unit (as at 6 Jun 2014).

The minimum initial investment amount for the MLC MasterKey Term Allocated Pension - Legg Mason Property Securities managed fund is $20,000.

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.