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MLC MasterKey Superannuation (Gold Star) - IncomeBuilder - Managed Fund (Closed)

Fund Objective
Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.
Fund Strategy
The fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The fund is expected to generated tax-effective returns by: investing in companies expected to have high franking levels, and carefully managing the realisation of capital gains.

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 3.09% -14.09% -19.62% -15.55% -4.02% -3.02% -0.82% 5.39%
Growth return 3.09% -14.09% -19.62% -15.55% -4.02% -3.02% -0.82% 5.39%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return 1.78% 0.36% 3.06% 7.37% 11.2% 9.81% 10.21% 10.12%
As at 31 May 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MasterKey Superannuation (Gold Star) - IncomeBuilder
Australian Equities
101.33%
Alternatives
-1.33%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
95.83%
Alternatives
-0.02%
International Equities
4.25%
Cash
-1.01%
Property & Infrastructure
1.27%
Fixed Interest
-0.33%

General Information

Fund Details
Type Description
MLC MasterKey Superannuation (Gold Star) - IncomeBuilder
Closed
NULIS Nominees (Australia) Limited
MLC0168AU
Equity Australia Large Value
starstar (as at 31 May 2020)
Superannuation Fund
1 May 1996
$187.28 million (as at 31 May 2020)
$48.35228 (as at 22 Jun 2020)
$48.35228 (as at 22 Jun 2020)
Finalised
Offer information
Type Description
Standard entry fee 5.88%
MER 2.30% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 2.30% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $2,000.00
Minimum additional investments $300.00

Top 10 holdings (as at 30 Sep 2025)

Holding (as at 30 Sep 2025) Type % of Portfolio
Westpac Banking Corp Equity 9.43%
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FAQs about the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder

The objective of the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund is Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.

The strategy of the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund is The fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The fund is expected to generated tax-effective returns by: investing in companies expected to have high franking levels, and carefully managing the realisation of capital gains.

The APIR code of the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund is MLC0168AU.

MLC MasterKey Superannuation (Gold Star) - IncomeBuilder’s total return last month was 3.09%. This was made up of a growth return of 3.09% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Superannuation (Gold Star) - IncomeBuilder’s total return for the last three months was -14.09%. This was made up of a growth return of -14.09% and an income return of 0%%. These returns were calculated as at 31 May 2020.

MLC MasterKey Superannuation (Gold Star) - IncomeBuilder’s one-year total return is -15.55%. This was made up of a growth return of -15.55% and an income return of 0%. These returns were calculated as at 31 May 2020.

MLC MasterKey Superannuation (Gold Star) - IncomeBuilder’s one-year total return is -3.02%. This was made up of a growth return of -3.02% and an income return of 0%. These returns were calculated as at 31 May 2020.

The asset allocation of the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund is :

Australian Equities
101.33%
Alternatives
-1.33%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund is NULIS Nominees (Australia) Limited.

The MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 31 May 2020, the size of the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund was $187.28 million.

The MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund has an inception date of 1 May 1996.

The current entry price of the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund is $48.35228 per unit and the current exit price is $48.35228 per unit (as at 22 Jun 2020).

The current exit price of the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund is $48.35228 per unit and the current entry price is $48.35228 per unit (as at 22 Jun 2020).

The minimum initial investment amount for the MLC MasterKey Superannuation (Gold Star) - IncomeBuilder managed fund is $2,000. Minimum additional investment is $300.

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.