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  5. MLC MasterKey Term Allocated Pension - MLC Flexible Assertive - Managed fund profile

MLC MasterKey Term Allocated Pension - MLC Flexible Assertive - Managed Fund

Fund Objective
The portfolio aims to deliver a return of 6% pa above inflation (before fees and tax) over 7 year periods by limiting the risk of negative returns over this timeframe. This careful risk management approach means there may be times when the portfolio doesn't achieve its return objective. In most circumstances the portfolio is expected to provide a positive return over 7 year periods.
Fund Strategy
The key aspects of the way we manage the portfolio are: Flexible asset allocation, Diversification, Strong focus on risk management. MLC expects that by managing the portfolio in this way, movements in the portfolio' value should be less significant.

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 0.42% 3.36% 6.23% 13.08% 9.09% 4.97% 6.05% 6.17%
Growth return 0.42% 3.36% 6.23% 13.08% 9.09% 4.97% 6.05% 6.17%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
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 - MLC Flexible Assertive
Australian Equities
14%
International Equities
26.42%
Cash
15.43%
Property
1.56%
Fixed Interest
19.80%
Alternatives
22.80%
Average Allocation of Peers
Australian Equities
15.86%
International Equities
27.73%
Cash
10.19%
Property
3.97%
Fixed Interest
35.38%
Alternatives
6.87%

General Information

Fund Details
Type Description
MLC MasterKey Term Allocated Pension - MLC Flexible Assertive
NULIS Nominees (Australia) Limited
MLC0662AU
Multisector Flexible
starstarstarstar (as at 31 Oct 2024)
Allocated Pension
5 Dec 2005
$1.51 million (as at 31 Oct 2024)
$15.65222 (as at 20 Nov 2024)
$15.62094 (as at 20 Nov 2024)
Open
Offer information
Type Description
Standard entry fee 5%
MER 1.44% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR) 1.31% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2023)

Holding (as at 31 Aug 2023) Type % of Portfolio
Hedged Index Global Infrastructure Secs Mutual Fund - Open End 3.91%
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FAQs about the MLC MasterKey Term Allocated Pension - MLC Flexible Assertive

The objective of the MLC MasterKey Term Allocated Pension - MLC Flexible Assertive managed fund is The portfolio aims to deliver a return of 6% pa above inflation (before fees and tax) over 7 year periods by limiting the risk of negative returns over this timeframe. This careful risk management approach means there may be times when the portfolio doesn't achieve its return objective. In most circumstances the portfolio is expected to provide a positive return over 7 year periods.

The strategy of the MLC MasterKey Term Allocated Pension - MLC Flexible Assertive managed fund is The key aspects of the way we manage the portfolio are: Flexible asset allocation, Diversification, Strong focus on risk management. MLC expects that by managing the portfolio in this way, movements in the portfolio' value should be less significant.

The APIR code of the MLC MasterKey Term Allocated Pension - MLC Flexible Assertive managed fund is MLC0662AU.

MLC MasterKey Term Allocated Pension - MLC Flexible Assertive’s total return last month was 0.42%. This was made up of a growth return of 0.42% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Term Allocated Pension - MLC Flexible Assertive’s total return for the last three months was 3.36%. This was made up of a growth return of 3.36% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Term Allocated Pension - MLC Flexible Assertive’s one-year total return is 13.08%. This was made up of a growth return of 13.08% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Term Allocated Pension - MLC Flexible Assertive’s one-year total return is 4.97%. This was made up of a growth return of 4.97% 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 - MLC Flexible Assertive managed fund is :

Australian Equities
14%
International Equities
26.42%
Cash
15.43%
Property
1.56%
Fixed Interest
19.80%
Alternatives
22.80%

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

The MLC MasterKey Term Allocated Pension - MLC Flexible Assertive managed fund belongs to the Multisector Flexible sector/asset class.

As at 31 Oct 2024, the size of the MLC MasterKey Term Allocated Pension - MLC Flexible Assertive managed fund was $1.51 million.

The MLC MasterKey Term Allocated Pension - MLC Flexible Assertive managed fund has an inception date of 5 Dec 2005.

The current entry price of the MLC MasterKey Term Allocated Pension - MLC Flexible Assertive managed fund is $15.65222 per unit and the current exit price is $15.62094 per unit (as at 20 Nov 2024).

The current exit price of the MLC MasterKey Term Allocated Pension - MLC Flexible Assertive managed fund is $15.62094 per unit and the current entry price is $15.65222 per unit (as at 20 Nov 2024).

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