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  5. MLC MasterKey Allocated Pension - Cash Fund - Managed fund profile

MLC MasterKey Allocated Pension - Cash Fund - Managed Fund (Closed)

Fund Objective
Aims to provide competitive returns relative to the Reserve Bank of Australia's Cash Rate Target.
Fund Strategy
The fund invests in deposits with banks.

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 0.04% 0.12% 0.12% 0.24% 0.44% 0.4% 0.45% 1.34%
Growth return 0.04% 0.12% 0.12% 0.24% 0.44% 0.4% 0.45% 1.34%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 31 May 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Allocated Pension - Cash Fund
Cash
99.59%
Alternatives
0.41%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
23.19%
Alternatives
26.14%
Australian Equities
5.52%
International Equities
8.93%
Property
1.83%
Fixed Interest
34.38%

General Information

Fund Details
Type Description
MLC MasterKey Allocated Pension - Cash Fund
Closed
MLC Nominees Pty Ltd
MLC0199AU
Australian Cash
starstarstar (as at 31 Mar 2013)
Allocated Pension
1 Aug 1997
$50.12 million (as at 31 May 2020)
$11.27708 (as at 22 Jun 2020)
$11.27708 (as at 22 Jun 2020)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 1.55% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 1.55% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Nab Pfa Roll Deposit Notice Cash 77.75%
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FAQs about the MLC MasterKey Allocated Pension - Cash Fund

The objective of the MLC MasterKey Allocated Pension - Cash Fund managed fund is Aims to provide competitive returns relative to the Reserve Bank of Australia's Cash Rate Target.

The strategy of the MLC MasterKey Allocated Pension - Cash Fund managed fund is The fund invests in deposits with banks.

The APIR code of the MLC MasterKey Allocated Pension - Cash Fund managed fund is MLC0199AU.

MLC MasterKey Allocated Pension - Cash Fund’s total return last month was 0.04%. This was made up of a growth return of 0.04% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension - Cash Fund’s total return for the last three months was 0.12%. This was made up of a growth return of 0.12% and an income return of 0%%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension - Cash Fund’s one-year total return is 0.24%. This was made up of a growth return of 0.24% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Allocated Pension - Cash Fund’s one-year total return is 0.4%. This was made up of a growth return of 0.4% and an income return of 0%. These returns were calculated as at 31 May 2020.

The asset allocation of the MLC MasterKey Allocated Pension - Cash Fund managed fund is :

Cash
99.59%
Alternatives
0.41%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the MLC MasterKey Allocated Pension - Cash Fund managed fund is MLC Nominees Pty Ltd.

The MLC MasterKey Allocated Pension - Cash Fund managed fund belongs to the Australian Cash sector/asset class.

As at 31 May 2020, the size of the MLC MasterKey Allocated Pension - Cash Fund managed fund was $50.12 million.

The MLC MasterKey Allocated Pension - Cash Fund managed fund has an inception date of 1 Aug 1997.

The current entry price of the MLC MasterKey Allocated Pension - Cash Fund managed fund is $11.27708 per unit and the current exit price is $11.27708 per unit (as at 22 Jun 2020).

The current exit price of the MLC MasterKey Allocated Pension - Cash Fund managed fund is $11.27708 per unit and the current entry price is $11.27708 per unit (as at 22 Jun 2020).

The minimum initial investment amount for the MLC MasterKey Allocated Pension - Cash Fund 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.