MLC MKPF - MLC Low Cost Balanced - Managed Fund

Fund Objective

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.

Fund Strategy

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.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.84%	5.75%	7.72%	13.27%	13.46%	11.84%	9.14%	7.78%
Growth return	1.84%	5.75%	7.72%	13.27%	13.46%	11.84%	9.14%	7.78%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return	1.9%	5.39%	7.14%	12.12%	12.75%	11.38%	8.95%	8.08%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKPF - MLC Low Cost Balanced

Australian Equities: 24.34%

International Equities: 43.09%

Cash: 2.73%

Property & Infrastructure: 5.56%

Fixed Interest: 20.21%

Alternatives: 4.07%

Average Allocation of Peers

Australian Equities: 27.27%

International Equities: 35.24%

Cash: 6.11%

Property & Infrastructure: 6.35%

Fixed Interest: 21.01%

Alternatives: 4.02%

General Information

Fund Details

Type	Description
Fund Name	MLC MKPF - MLC Low Cost Balanced
Responsible Entity	NULIS Nominees (Australia) Limited
APIR Code	MLC0887AU
Sector/Asset Class	Multisector Growth
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Allocated Pension
Fund Inception	21 Nov 2011
Fund Size	$1001.77 million (as at 31 Aug 2025)
Entry Price	$36.31467 (as at 12 Sep 2025)
Exit Price	$36.24211 (as at 12 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.61% (as at 1 Aug 2025)
Indirect Cost Ratio (ICR)	0.76% (as at 30 Jun 2024)
Performance fee (not included in ICR)	0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025)	Type	% of Portfolio
Commonwealth Bank of Australia	Equity	3.29%
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FAQs about the MLC MKPF - MLC Low Cost Balanced

What is the objective of the MLC MKPF - MLC Low Cost Balanced managed fund?

The objective of the MLC MKPF - 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.

What is the strategy for the MLC MKPF - MLC Low Cost Balanced managed fund?

The strategy of the MLC MKPF - 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.

What is the APIR code of the MLC MKPF - MLC Low Cost Balanced managed fund?

The APIR code of the MLC MKPF - MLC Low Cost Balanced managed fund is MLC0887AU.

What was MLC MKPF - MLC Low Cost Balanced’s total return last month?

MLC MKPF - MLC Low Cost Balanced’s total return last month was 1.84%. This was made up of a growth return of 1.84% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was MLC MKPF - MLC Low Cost Balanced’s total return for the last three months?

MLC MKPF - MLC Low Cost Balanced’s total return for the last three months was 5.75%. This was made up of a growth return of 5.75% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

What is MLC MKPF - MLC Low Cost Balanced’s one-year total return?

MLC MKPF - MLC Low Cost Balanced’s one-year total return is 13.27%. This was made up of a growth return of 13.27% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What is MLC MKPF - MLC Low Cost Balanced’s three-year total return?

MLC MKPF - MLC Low Cost Balanced’s one-year total return is 11.84%. This was made up of a growth return of 11.84% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the MLC MKPF - MLC Low Cost Balanced managed fund?

The asset allocation of the MLC MKPF - MLC Low Cost Balanced managed fund is :

Australian Equities: 24.34%

International Equities: 43.09%

Cash: 2.73%

Property & Infrastructure: 5.56%

Fixed Interest: 20.21%

Alternatives: 4.07%

Who is the responsible Entity of the MLC MKPF - MLC Low Cost Balanced managed fund?

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

What sector/asset class does the MLC MKPF - MLC Low Cost Balanced managed fund belong to?

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

What is the size of the MLC MKPF - MLC Low Cost Balanced managed fund?

As at 31 Aug 2025, the size of the MLC MKPF - MLC Low Cost Balanced managed fund was $1001.77 million.

What is the inception date of the MLC MKPF - MLC Low Cost Balanced managed fund?

The MLC MKPF - MLC Low Cost Balanced managed fund has an inception date of 21 Nov 2011.

What is the current entry price of the MLC MKPF - MLC Low Cost Balanced managed fund?

The current entry price of the MLC MKPF - MLC Low Cost Balanced managed fund is $36.31467 per unit and the current exit price is $36.24211 per unit (as at 12 Sep 2025).

What is the current exit price of the MLC MKPF - MLC Low Cost Balanced managed fund?

The current exit price of the MLC MKPF - MLC Low Cost Balanced managed fund is $36.24211 per unit and the current entry price is $36.31467 per unit (as at 12 Sep 2025).

What is the minimum investment amount for the MLC MKPF - MLC Low Cost Balanced managed fund?

The minimum initial investment amount for the MLC MKPF - MLC Low Cost Balanced 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.

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