MLC MasterKey Business Super - MLC Low Cost Balanced - Managed Fund

The objective of the MLC MasterKey Business Super - MLC Low Cost Balanced managed fund is The portfolio aims to provide a return that meets its benchmark (before fees and tax) over 4 year periods. At the same time, MLC aims to reduce risk in the portfolio if market risk is high. As a result, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets.

The strategy of the MLC MasterKey Business Super - MLC Low Cost Balanced managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. The allocations to these assets are actively managed within defined ranges, in accordance with MLC's changing view of potential risks and opportunities in investment markets. The portfolio is broadly diversified across mainstream asset classes. It uses mainly passive investment managers for growth assets and active managers for defensive assets. These managers invest in many companies and securities in Australia and overseas.

The APIR code of the MLC MasterKey Business Super - MLC Low Cost Balanced managed fund is MLC0870AU.

MLC MasterKey Business Super - MLC Low Cost Balanced’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 Low Cost Balanced’s total return for the last three months was 2.89%. This was made up of a growth return of 2.89% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Business Super - MLC Low Cost Balanced’s one-year total return is 19.88%. This was made up of a growth return of 19.88% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MasterKey Business Super - MLC Low Cost Balanced’s one-year total return is 5.14%. This was made up of a growth return of 5.14% 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 Low Cost Balanced managed fund is :

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

The MLC MasterKey Business Super - MLC Low Cost Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Oct 2024, the size of the MLC MasterKey Business Super - MLC Low Cost Balanced managed fund was $124.21 million.

The MLC MasterKey Business Super - MLC Low Cost Balanced managed fund has an inception date of 1 Dec 2010.

The current entry price of the MLC MasterKey Business Super - MLC Low Cost Balanced managed fund is $28.69404 per unit and the current exit price is $28.6367 per unit (as at 27 Nov 2024).

The current exit price of the MLC MasterKey Business Super - MLC Low Cost Balanced managed fund is $28.6367 per unit and the current entry price is $28.69404 per unit (as at 27 Nov 2024).

The minimum initial investment amount for the MLC MasterKey Business Super - MLC Low Cost Balanced managed fund is $0. Minimum additional investment is $0.