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  5. MLC MKPF - Altrinsic Global Equities Trust - Managed fund profile

MLC MKPF - Altrinsic Global Equities Trust - Managed Fund

Fund Objective
The fund aims to deliver long-term capital growth and to outperform the MSCI All Country World Index (ex-Australia) Net Dividends Reinvested ($A) over rolling five year periods, before fees and taxes.
Fund Strategy
The fund is a high conviction portfolio of the investment team's best investment ideas is constructed from the bottom-up on a stock-by-stock basis. Region, industry, and market capitalisation exposures are an outcome of this company-specific approach. The fund typically invests in 60-100 stocks. The fund's exposure to international assets is not hedged to the Australian dollar. However, if the fund becomes overweight in a currency due to stock selection, Altrinsic may enter into currency hedging contracts to reduce that currency exposure.

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 4.13% 6.15% 8.36% 14.77% 14.28% 8.63% 7.68% 8.71%
Growth return 4.13% 6.15% 8.36% 14.77% 14.28% 8.63% 7.68% 8.71%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (MSCI World Ex Australia NR AUD)
Total return 2.74% 10.85% 13.22% 28.94% 27% 14.1% 13.79% 13.11%
As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKPF - Altrinsic Global Equities Trust
International Equities
98.25%
Cash
1.75%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
96.01%
Cash
1.43%
Australian Equities
0.97%
Property
1.38%
Fixed Interest
0.13%
Alternatives
0.08%

General Information

Fund Details
Type Description
MLC MKPF - Altrinsic Global Equities Trust
NULIS Nominees (Australia) Limited
MLC0900AU
Equity World Large Value
starstarstar (as at 31 Jan 2025)
Allocated Pension
1 Mar 2012
$23.53 million (as at 31 Jan 2025)
$4.17361 (as at 11 Feb 2025)
$4.16527 (as at 11 Feb 2025)
Open
Offer information
Type Description
MER 1.27% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR) 1.47% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
The Hanover Insurance Group Inc Equity 3.93%
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FAQs about the MLC MKPF - Altrinsic Global Equities Trust

The objective of the MLC MKPF - Altrinsic Global Equities Trust managed fund is The fund aims to deliver long-term capital growth and to outperform the MSCI All Country World Index (ex-Australia) Net Dividends Reinvested ($A) over rolling five year periods, before fees and taxes.

The strategy of the MLC MKPF - Altrinsic Global Equities Trust managed fund is The fund is a high conviction portfolio of the investment team's best investment ideas is constructed from the bottom-up on a stock-by-stock basis. Region, industry, and market capitalisation exposures are an outcome of this company-specific approach. The fund typically invests in 60-100 stocks. The fund's exposure to international assets is not hedged to the Australian dollar. However, if the fund becomes overweight in a currency due to stock selection, Altrinsic may enter into currency hedging contracts to reduce that currency exposure.

The APIR code of the MLC MKPF - Altrinsic Global Equities Trust managed fund is MLC0900AU.

MLC MKPF - Altrinsic Global Equities Trust’s total return last month was 4.13%. This was made up of a growth return of 4.13% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

MLC MKPF - Altrinsic Global Equities Trust’s total return for the last three months was 6.15%. This was made up of a growth return of 6.15% and an income return of 0%%. These returns were calculated as at 31 Jan 2025.

MLC MKPF - Altrinsic Global Equities Trust’s one-year total return is 14.77%. This was made up of a growth return of 14.77% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

MLC MKPF - Altrinsic Global Equities Trust’s one-year total return is 8.63%. This was made up of a growth return of 8.63% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

The asset allocation of the MLC MKPF - Altrinsic Global Equities Trust managed fund is :

International Equities
98.25%
Cash
1.75%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the MLC MKPF - Altrinsic Global Equities Trust managed fund is NULIS Nominees (Australia) Limited.

The MLC MKPF - Altrinsic Global Equities Trust managed fund belongs to the Equity World Large Value sector/asset class.

As at 31 Jan 2025, the size of the MLC MKPF - Altrinsic Global Equities Trust managed fund was $23.53 million.

The MLC MKPF - Altrinsic Global Equities Trust managed fund has an inception date of 1 Mar 2012.

The current entry price of the MLC MKPF - Altrinsic Global Equities Trust managed fund is $4.17361 per unit and the current exit price is $4.16527 per unit (as at 11 Feb 2025).

The current exit price of the MLC MKPF - Altrinsic Global Equities Trust managed fund is $4.16527 per unit and the current entry price is $4.17361 per unit (as at 11 Feb 2025).

The minimum initial investment amount for the MLC MKPF - Altrinsic Global Equities Trust 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.