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  5. MLC Wholesale Australian Shares Value Style - Managed fund profile

MLC Wholesale Australian Shares Value Style - Managed Fund (Closed)

Fund Objective
The fund aims to deliver growth by using investment managers that invest and diversify across many companies and securities within the Australian shares asset class.
Fund Strategy
The fund invests primarily in companies listed (or expected to be listed) on the Australian Securities Exchange (and other regulated exchanges). It may have a small exposure to companies listed outside of Australia from time to time. We primarily use investment managers that have an investment style focusing on companies that they believe are undervalued in relation to their earning potential.

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 -0.26% 1.17% -8.18% 3.36% 3.27% 10.25% 5.92% 4.39%
Growth return -0.26% 0.54% -12.14% -2.48% -1.56% 5.18% 0.68% -2.76%
Income return 0% 0.63% 3.96% 5.84% 4.83% 5.07% 5.24% 7.15%
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 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Wholesale Australian Shares Value Style
Australian Equities
92.96%
International Equities
2.38%
Cash
2.11%
Property
2.55%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
International Equities
4.21%
Cash
-0.08%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
MLC Wholesale Australian Shares Value Style (Wholesale)
Closed
MLC Investments Limited
MLC0624AU
Equity Australia Large Value
starstarstar (as at 31 Jan 2016)
Investment Fund
1 Oct 2004
$3.86 million (as at 30 Nov 2015)
$0.87145 (as at 1 Mar 2016)
$0.87145 (as at 1 Mar 2016)
Finalised
Offer information
Type Description
MER 0.99% (as at 1 Oct 2004)
Indirect Cost Ratio (ICR) 0.75% (as at 30 Jun 2016)
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Nov 2015)

Holding (as at 30 Nov 2015) Type % of Portfolio
Westpac Banking Corp Equity 11.40%
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FAQs about the MLC Wholesale Australian Shares Value Style

The objective of the MLC Wholesale Australian Shares Value Style managed fund is The fund aims to deliver growth by using investment managers that invest and diversify across many companies and securities within the Australian shares asset class.

The strategy of the MLC Wholesale Australian Shares Value Style managed fund is The fund invests primarily in companies listed (or expected to be listed) on the Australian Securities Exchange (and other regulated exchanges). It may have a small exposure to companies listed outside of Australia from time to time. We primarily use investment managers that have an investment style focusing on companies that they believe are undervalued in relation to their earning potential.

The APIR code of the MLC Wholesale Australian Shares Value Style managed fund is MLC0624AU.

MLC Wholesale Australian Shares Value Style’s total return last month was -0.26%. This was made up of a growth return of -0.26% and an income return of 0%. These returns were calculated as at 30 Nov 2015.

MLC Wholesale Australian Shares Value Style’s total return for the last three months was 1.17%. This was made up of a growth return of 0.54% and an income return of 0.63%%. These returns were calculated as at 30 Nov 2015.

MLC Wholesale Australian Shares Value Style’s one-year total return is 3.36%. This was made up of a growth return of -2.48% and an income return of 5.84%. These returns were calculated as at 30 Nov 2015.

MLC Wholesale Australian Shares Value Style’s one-year total return is 10.25%. This was made up of a growth return of 5.18% and an income return of 5.07%. These returns were calculated as at 30 Nov 2015.

The asset allocation of the MLC Wholesale Australian Shares Value Style managed fund is :

Australian Equities
92.96%
International Equities
2.38%
Cash
2.11%
Property
2.55%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the MLC Wholesale Australian Shares Value Style managed fund is MLC Investments Limited.

The MLC Wholesale Australian Shares Value Style managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 30 Nov 2015, the size of the MLC Wholesale Australian Shares Value Style managed fund was $3.86 million.

The MLC Wholesale Australian Shares Value Style managed fund has an inception date of 1 Oct 2004.

The current entry price of the MLC Wholesale Australian Shares Value Style managed fund is $0.87145 per unit and the current exit price is $0.87145 per unit (as at 1 Mar 2016).

The current exit price of the MLC Wholesale Australian Shares Value Style managed fund is $0.87145 per unit and the current entry price is $0.87145 per unit (as at 1 Mar 2016).

The minimum initial investment amount for the MLC Wholesale Australian Shares Value Style managed fund is $500,000. 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.