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  5. MLC Wholesale Hedged Global Share A - Managed fund profile

MLC Wholesale Hedged Global Share A - Managed Fund (Closed)

Fund Objective
The fund is designed to be a complete portfolio for the global shares asset class, and aims to deliver growth by using investment managers that invest and diversify across many companies and securities within that asset class.
Fund Strategy
The fund invests primarily in companies listed (or expected to be listed) on share markets anywhere around the world, and is typically diversified across major listed industry groups. Foreign currency exposures will generally be substantially hedged to the Australian dollar.

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 1.44% 1.02% 10.23% 3.37% 7.41% 11.8% 8.86% 11.85%
Growth return 1.44% 1.02% 10.23% 3.37% 7.41% 11.13% 6.86% 7.55%
Income return 0% 0% 0% 0% 0% 0.67% 2% 4.3%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 31 Jul 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Wholesale Hedged Global Share A
International Equities
97.59%
Cash
0.86%
Property
1.56%
Alternatives
-0.01%
Australian Equities
0%
Average Allocation of Peers
International Equities
97.66%
Cash
1.85%
Property
0.41%
Alternatives
0.01%
Australian Equities
0.07%

General Information

Fund Details
Type Description
MLC Wholesale Hedged Global Share A (Wholesale)
Closed
MLC Investments Limited
MLC0787AU
Equity World - Currency Hedged
starstarstar (as at 31 Jul 2019)
Investment Fund
10 May 2007
$28.43 million (as at 31 Jul 2019)
$1.05926 (as at 26 Aug 2019)
$1.05926 (as at 26 Aug 2019)
Finalised
Offer information
Type Description
MER 0.95% (as at 1 Oct 2019)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2019)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2023)

Holding (as at 31 Aug 2023) Type % of Portfolio
Apple Inc Equity 5.27%
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FAQs about the MLC Wholesale Hedged Global Share A

The objective of the MLC Wholesale Hedged Global Share A managed fund is The fund is designed to be a complete portfolio for the global shares asset class, and aims to deliver growth by using investment managers that invest and diversify across many companies and securities within that asset class.

The strategy of the MLC Wholesale Hedged Global Share A managed fund is The fund invests primarily in companies listed (or expected to be listed) on share markets anywhere around the world, and is typically diversified across major listed industry groups. Foreign currency exposures will generally be substantially hedged to the Australian dollar.

The APIR code of the MLC Wholesale Hedged Global Share A managed fund is MLC0787AU.

MLC Wholesale Hedged Global Share A’s total return last month was 1.44%. This was made up of a growth return of 1.44% and an income return of 0%. These returns were calculated as at 31 Jul 2019.

MLC Wholesale Hedged Global Share A’s total return for the last three months was 1.02%. This was made up of a growth return of 1.02% and an income return of 0%%. These returns were calculated as at 31 Jul 2019.

MLC Wholesale Hedged Global Share A’s one-year total return is 3.37%. This was made up of a growth return of 3.37% and an income return of 0%. These returns were calculated as at 31 Jul 2019.

MLC Wholesale Hedged Global Share A’s one-year total return is 11.8%. This was made up of a growth return of 11.13% and an income return of 0.67%. These returns were calculated as at 31 Jul 2019.

The asset allocation of the MLC Wholesale Hedged Global Share A managed fund is :

International Equities
97.59%
Cash
0.86%
Property
1.56%
Alternatives
-0.01%
Australian Equities
0%

The Responsible Entity for the MLC Wholesale Hedged Global Share A managed fund is MLC Investments Limited.

The MLC Wholesale Hedged Global Share A managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 31 Jul 2019, the size of the MLC Wholesale Hedged Global Share A managed fund was $28.43 million.

The MLC Wholesale Hedged Global Share A managed fund has an inception date of 10 May 2007.

The current entry price of the MLC Wholesale Hedged Global Share A managed fund is $1.05926 per unit and the current exit price is $1.05926 per unit (as at 26 Aug 2019).

The current exit price of the MLC Wholesale Hedged Global Share A managed fund is $1.05926 per unit and the current entry price is $1.05926 per unit (as at 26 Aug 2019).

The minimum initial investment amount for the MLC Wholesale Hedged Global Share A 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.