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  5. MLC MasterKey Business Super - MLC Flexible Assertive - Managed fund profile

MLC MasterKey Business Super - MLC Flexible Assertive - Managed Fund

Fund Objective
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 time frame.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, although there will sometimes be negative returns over shorter periods.
Fund Strategy
The key aspects of the way are: 1. Flexible asset allocation - the asset allocation is actively managed in accordance with MLC's changing view of potential risks and opportunities in investment markets. 2. Diversification - the portfolio invests across a wide range of assets and strategies. 3. Strong focus on risk management - the portfolio has the flexibility not to invest in an asset class if that would cause too much risk of a negative return over 7 years.

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 0.38% 2.98% 5.64% 11.66% 7.91% 4.2% 5.35% 5.74%
Growth return 0.38% 2.98% 5.64% 11.66% 7.91% 4.2% 5.35% 5.74%
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 Business Super - MLC Flexible Assertive
Australian Equities
15.42%
International Equities
27.21%
Cash
17.54%
Property
1.82%
Fixed Interest
16.45%
Alternatives
21.56%
Average Allocation of Peers
Australian Equities
15.88%
International Equities
27.90%
Cash
9.88%
Property
3.97%
Fixed Interest
35.49%
Alternatives
6.88%

General Information

Fund Details
Type Description
MLC MasterKey Business Super - MLC Flexible Assertive
NULIS Nominees (Australia) Limited
MLC0652AU
Multisector Flexible
starstarstarstar (as at 31 Oct 2024)
Superannuation Fund
5 Dec 2005
$10.57 million (as at 31 Oct 2024)
$30.00481 (as at 21 Nov 2024)
$29.94485 (as at 21 Nov 2024)
Open
Offer information
Type Description
MER 1.48% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR) 1.47% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0.15
Minimum initial investment $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Hedged Index Global Infrastructure Secs Mutual Fund - Open End 2.50%
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FAQs about the MLC MasterKey Business Super - MLC Flexible Assertive

The objective of the MLC MasterKey Business Super - MLC Flexible Assertive managed fund is 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 time frame.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, although there will sometimes be negative returns over shorter periods.

The strategy of the MLC MasterKey Business Super - MLC Flexible Assertive managed fund is The key aspects of the way are: 1. Flexible asset allocation - the asset allocation is actively managed in accordance with MLC's changing view of potential risks and opportunities in investment markets. 2. Diversification - the portfolio invests across a wide range of assets and strategies. 3. Strong focus on risk management - the portfolio has the flexibility not to invest in an asset class if that would cause too much risk of a negative return over 7 years.

The APIR code of the MLC MasterKey Business Super - MLC Flexible Assertive managed fund is MLC0652AU.

MLC MasterKey Business Super - MLC Flexible Assertive’s total return last month was 0.38%. This was made up of a growth return of 0.38% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Business Super - MLC Flexible Assertive’s total return for the last three months was 2.98%. This was made up of a growth return of 2.98% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Business Super - MLC Flexible Assertive’s one-year total return is 11.66%. This was made up of a growth return of 11.66% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Business Super - MLC Flexible Assertive’s one-year total return is 4.2%. This was made up of a growth return of 4.2% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC MasterKey Business Super - MLC Flexible Assertive managed fund is :

Australian Equities
15.42%
International Equities
27.21%
Cash
17.54%
Property
1.82%
Fixed Interest
16.45%
Alternatives
21.56%

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

The MLC MasterKey Business Super - MLC Flexible Assertive managed fund belongs to the Multisector Flexible sector/asset class.

As at 31 Oct 2024, the size of the MLC MasterKey Business Super - MLC Flexible Assertive managed fund was $10.57 million.

The MLC MasterKey Business Super - MLC Flexible Assertive managed fund has an inception date of 5 Dec 2005.

The current entry price of the MLC MasterKey Business Super - MLC Flexible Assertive managed fund is $30.00481 per unit and the current exit price is $29.94485 per unit (as at 21 Nov 2024).

The current exit price of the MLC MasterKey Business Super - MLC Flexible Assertive managed fund is $29.94485 per unit and the current entry price is $30.00481 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the MLC MasterKey Business Super - MLC Flexible Assertive managed fund is $1,000.

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.