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  5. MLC MySuper Conservative Balanced - Managed fund profile

MLC MySuper Conservative Balanced - Managed Fund

Fund Objective
The MySuper Conservative Growth Portfolio aims to outperform inflation, measured by the consumer price index, by 2.5% pa after investment fees and taxes, over any 5-year period.
Fund Strategy
MySuper provides a mix of growth and defensive assets which changes depending on age.When younger investments are in more growth assets and from age 55, growth assets decrease and defensive assets gradually increase until age 65.MySuper uses a combination of three investment portfolios.Under age 55 will be 100% invested in one portfolio MySuper Growth. From age 55 a second portfolio is added MySuper Conservative Growth where a balance portion will be invested.

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 0.3% 2.02% 4.74% 11.75% 7.33% 3.68% 4.48% -%
Growth return 0.3% 2.02% 4.74% 11.75% 7.33% 3.68% 4.48% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MySuper Conservative Balanced
Australian Equities
15.25%
International Equities
22.77%
Cash
2.68%
Property
0.74%
Fixed Interest
33.39%
Alternatives
25.17%
Average Allocation of Peers
Australian Equities
15.86%
International Equities
27.73%
Cash
10.19%
Property
3.97%
Fixed Interest
35.38%
Alternatives
6.87%

General Information

Fund Details
Type Description
MLC MySuper Conservative Balanced
NULIS Nominees (Australia) Limited
NUL5151AU
Multisector Balanced
starstarstar (as at 31 Oct 2024)
Superannuation Fund
22 Mar 2019
$990.05 million (as at 31 Oct 2024)
$13.37545 (as at 20 Nov 2024)
$13.37545 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 1.03% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR) 1.12% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0.09
Minimum initial investment
Minimum additional investments

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Ardea Composite Bond Fund Class F Alternatives - Private Equity 2.73%
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FAQs about the MLC MySuper Conservative Balanced

The objective of the MLC MySuper Conservative Balanced managed fund is The MySuper Conservative Growth Portfolio aims to outperform inflation, measured by the consumer price index, by 2.5% pa after investment fees and taxes, over any 5-year period.

The strategy of the MLC MySuper Conservative Balanced managed fund is MySuper provides a mix of growth and defensive assets which changes depending on age.When younger investments are in more growth assets and from age 55, growth assets decrease and defensive assets gradually increase until age 65.MySuper uses a combination of three investment portfolios.Under age 55 will be 100% invested in one portfolio MySuper Growth. From age 55 a second portfolio is added MySuper Conservative Growth where a balance portion will be invested.

The APIR code of the MLC MySuper Conservative Balanced managed fund is NUL5151AU.

MLC MySuper Conservative Balanced’s total return last month was 0.3%. This was made up of a growth return of 0.3% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MySuper Conservative Balanced’s total return for the last three months was 2.02%. This was made up of a growth return of 2.02% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

MLC MySuper Conservative Balanced’s one-year total return is 11.75%. This was made up of a growth return of 11.75% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MySuper Conservative Balanced’s one-year total return is 3.68%. This was made up of a growth return of 3.68% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC MySuper Conservative Balanced managed fund is :

Australian Equities
15.25%
International Equities
22.77%
Cash
2.68%
Property
0.74%
Fixed Interest
33.39%
Alternatives
25.17%

The Responsible Entity for the MLC MySuper Conservative Balanced managed fund is NULIS Nominees (Australia) Limited.

The MLC MySuper Conservative Balanced managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Oct 2024, the size of the MLC MySuper Conservative Balanced managed fund was $990.05 million.

The MLC MySuper Conservative Balanced managed fund has an inception date of 22 Mar 2019.

The current entry price of the MLC MySuper Conservative Balanced managed fund is $13.37545 per unit and the current exit price is $13.37545 per unit (as at 20 Nov 2024).

The current exit price of the MLC MySuper Conservative Balanced managed fund is $13.37545 per unit and the current entry price is $13.37545 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the MLC MySuper Conservative 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.