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MLC MasterKey Rollover (Five Star) - Balanced Fund - Managed Fund

Fund Objective
The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.
Fund Strategy
The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

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 0.83% 0.48% 2.74% 4.31% 7.51% 7.33% 5.44% 5.24%
Growth return 0.83% 0.48% 2.74% 4.31% 7.51% 7.33% 5.44% 5.24%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.38% -0.09% 4.07% 8.34% 11.24% 10.63% 8.07% 8.42%
As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Rollover (Five Star) - Balanced Fund
Australian Equities
25.51%
International Equities
33.29%
Cash
0.58%
Property & Infrastructure
5.55%
Fixed Interest
16.12%
Alternatives
18.94%
Average Allocation of Peers
Australian Equities
27.74%
International Equities
34.62%
Cash
5.17%
Property & Infrastructure
6.27%
Fixed Interest
20.37%
Alternatives
5.84%

General Information

Fund Details
Type Description
MLC MasterKey Rollover (Five Star) - Balanced Fund
MLC0734AU
Multisector Growth
star (as at 31 Jan 2026)
Superannuation Fund
20 Jan 1989
$27285691 million (as at 31 Dec 2025)
$44.40801 (as at 11 Feb 2026)
$44.40801 (as at 11 Feb 2026)
Open
Offer information
Type Description
MER 0.72% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 2.78% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0.02
Minimum initial investment
Minimum additional investments
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 3.77%
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FAQs about the MLC MasterKey Rollover (Five Star) - Balanced Fund

The objective of the MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The strategy of the MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund is The portfolio has a strong bias to growth assets and some exposure to defensive assets. You'll always know where your money is invested because we actively manage the allocations to these assets within defined ranges, in accordance with our changing view of risk and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The APIR code of the MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund is MLC0734AU.

MLC MasterKey Rollover (Five Star) - Balanced Fund’s total return last month was 0.83%. This was made up of a growth return of 0.83% and an income return of 0%. These returns were calculated as at 31 Jan 2026.

MLC MasterKey Rollover (Five Star) - Balanced Fund’s total return for the last three months was 0.48%. This was made up of a growth return of 0.48% and an income return of 0%%. These returns were calculated as at 31 Jan 2026.

MLC MasterKey Rollover (Five Star) - Balanced Fund’s one-year total return is 4.31%. This was made up of a growth return of 4.31% and an income return of 0%. These returns were calculated as at 31 Jan 2026.

MLC MasterKey Rollover (Five Star) - Balanced Fund’s one-year total return is 7.33%. This was made up of a growth return of 7.33% and an income return of 0%. These returns were calculated as at 31 Jan 2026.

The asset allocation of the MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund is :

Australian Equities
25.51%
International Equities
33.29%
Cash
0.58%
Property & Infrastructure
5.55%
Fixed Interest
16.12%
Alternatives
18.94%

The MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Dec 2025, the size of the MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund was $27285691 million.

The MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund has an inception date of 20 Jan 1989.

The current entry price of the MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund is $44.40801 per unit and the current exit price is $44.40801 per unit (as at 11 Feb 2026).

The current exit price of the MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund is $44.40801 per unit and the current entry price is $44.40801 per unit (as at 11 Feb 2026).

The minimum initial investment amount for the MLC MasterKey Rollover (Five Star) - Balanced Fund managed fund is $0. 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.