InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. MLC Navigator SSLSO - BlackRock Wholesale Australian Shares - Managed fund profile

MLC Navigator SSLSO - BlackRock Wholesale Australian Shares - Managed Fund (Closed)

Fund Objective
The Fund aims to: ? achieve capital growth over the long-term through investment in Australian shares and other securities, and ? provide investors with some tax-effective income through the distribution of franking credits. Overall, the Fund aims to achieve this goal by outperforming the S&P/ASX 300 Accumulation Index (the 'Benchmark') over rolling 5-year periods.
Fund Strategy
The Fund aims to outperform the Benchmark by gaining exposure to long and short positions across the Australian equity market. The Fund gains exposure to a long/short investment strategy through an investment in the BlackRock Equitised Long Short Fund (the 'BELSH'), which in turn invests in the BlackRock Australian Equity Market Neutral Fund (the 'Long/Short Portfolio').

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% 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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0% 2.28% 8.48% 11.94% -0.01% 0.59% -2.81% 7.46%
Growth return 0% 2.28% 8.48% 11.94% -0.01% 0.59% -2.81% 7.46%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 30 Nov 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Navigator SSLSO - BlackRock Wholesale Australian Shares
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
-0.11%
Australian Equities
93.29%
International Equities
4.30%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
MLC Navigator SSLSO - BlackRock Wholesale Australian Shares
Closed
MLC Limited
NUL0203AU
Equity Australia Large Growth
starstarstar (as at 30 Nov 2012)
Superannuation Fund
30 Apr 1999
$1.07 million (as at 30 Nov 2012)
$101.4246 (as at 6 Dec 2012)
$101.4246 (as at 6 Dec 2012)
Finalised
Offer information
Type Description
Standard entry fee 4.40%
MER 0.77% (as at 30 Jun 2004)
Minimum initial investment $1,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Oct 2023)

Holding (as at 31 Oct 2023) Type % of Portfolio
Pointsbet Hldgs ([Wts/Rts]) 10% Equity - Warrants/Rights(Call) 0%

FAQs about the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares

The objective of the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund is The Fund aims to: ? achieve capital growth over the long-term through investment in Australian shares and other securities, and ? provide investors with some tax-effective income through the distribution of franking credits. Overall, the Fund aims to achieve this goal by outperforming the S&P/ASX 300 Accumulation Index (the 'Benchmark') over rolling 5-year periods.

The strategy of the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund is The Fund aims to outperform the Benchmark by gaining exposure to long and short positions across the Australian equity market. The Fund gains exposure to a long/short investment strategy through an investment in the BlackRock Equitised Long Short Fund (the 'BELSH'), which in turn invests in the BlackRock Australian Equity Market Neutral Fund (the 'Long/Short Portfolio').

The APIR code of the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund is NUL0203AU.

MLC Navigator SSLSO - BlackRock Wholesale Australian Shares’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Nov 2012.

MLC Navigator SSLSO - BlackRock Wholesale Australian Shares’s total return for the last three months was 2.28%. This was made up of a growth return of 2.28% and an income return of 0%%. These returns were calculated as at 30 Nov 2012.

MLC Navigator SSLSO - BlackRock Wholesale Australian Shares’s one-year total return is 11.94%. This was made up of a growth return of 11.94% and an income return of 0%. These returns were calculated as at 30 Nov 2012.

MLC Navigator SSLSO - BlackRock Wholesale Australian Shares’s one-year total return is 0.59%. This was made up of a growth return of 0.59% and an income return of 0%. These returns were calculated as at 30 Nov 2012.

The asset allocation of the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund is MLC Limited.

The MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 30 Nov 2012, the size of the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund was $1.07 million.

The MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund has an inception date of 30 Apr 1999.

The current entry price of the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund is $101.4246 per unit and the current exit price is $101.4246 per unit (as at 6 Dec 2012).

The current exit price of the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund is $101.4246 per unit and the current entry price is $101.4246 per unit (as at 6 Dec 2012).

The minimum initial investment amount for the MLC Navigator SSLSO - BlackRock Wholesale Australian Shares managed fund is $1,000. Minimum additional investment is $1000.

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.