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  5. MLC Wholesale Horizon 2 - Income - Managed fund profile

MLC Wholesale Horizon 2 - Income - Managed Fund

Fund Objective
Aims to outperform the Benchmark, after fees, over 3 year periods.
Fund Strategy
The portfolio has a strong bias to defensive assets and some exposure to growth assets. You'll always know where your money is invested because the allocations to these assets are actively managed within defined ranges, in accordance with our changing view of potential risks and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

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 -0.32% 1.73% 4.42% 11.41% 7.78% 3.6% 3.14% 3.57%
Growth return -0.32% 0.95% 2.35% 8.3% 5.38% 1.11% 0.03% 0.04%
Income return 0% 0.78% 2.07% 3.11% 2.4% 2.49% 3.11% 3.53%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Wholesale Horizon 2 - Income
Australian Equities
9.05%
International Equities
14.11%
Cash
3.04%
Property
0.03%
Fixed Interest
60.86%
Alternatives
12.92%

General Information

Fund Details
Type Description
MLC Wholesale Horizon 2 - Income
MLC Limited
MLC0670AU
starstarstarstar (as at 31 Oct 2024)
Unknown
5 Dec 2005
$281.35 million (as at 31 Oct 2024)
$1.06504 (as at 20 Nov 2024)
$1.06291 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.78% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.81% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.01
Minimum initial investment $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
Multimix Wholesale International Shares Trust Mutual Fund - Open End 10.89%
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FAQs about the MLC Wholesale Horizon 2 - Income

The objective of the MLC Wholesale Horizon 2 - Income managed fund is Aims to outperform the Benchmark, after fees, over 3 year periods.

The strategy of the MLC Wholesale Horizon 2 - Income managed fund is The portfolio has a strong bias to defensive assets and some exposure to growth assets. You'll always know where your money is invested because the allocations to these assets are actively managed within defined ranges, in accordance with our changing view of potential risks and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.

The APIR code of the MLC Wholesale Horizon 2 - Income managed fund is MLC0670AU.

MLC Wholesale Horizon 2 - Income’s total return last month was -0.32%. This was made up of a growth return of -0.32% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC Wholesale Horizon 2 - Income’s total return for the last three months was 1.73%. This was made up of a growth return of 0.95% and an income return of 0.78%%. These returns were calculated as at 31 Oct 2024.

MLC Wholesale Horizon 2 - Income’s one-year total return is 11.41%. This was made up of a growth return of 8.3% and an income return of 3.11%. These returns were calculated as at 31 Oct 2024.

MLC Wholesale Horizon 2 - Income’s one-year total return is 3.6%. This was made up of a growth return of 1.11% and an income return of 2.49%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC Wholesale Horizon 2 - Income managed fund is :

Australian Equities
9.05%
International Equities
14.11%
Cash
3.04%
Property
0.03%
Fixed Interest
60.86%
Alternatives
12.92%

The Responsible Entity for the MLC Wholesale Horizon 2 - Income managed fund is MLC Limited.

As at 31 Oct 2024, the size of the MLC Wholesale Horizon 2 - Income managed fund was $281.35 million.

The MLC Wholesale Horizon 2 - Income managed fund has an inception date of 5 Dec 2005.

The current entry price of the MLC Wholesale Horizon 2 - Income managed fund is $1.06504 per unit and the current exit price is $1.06291 per unit (as at 20 Nov 2024).

The current exit price of the MLC Wholesale Horizon 2 - Income managed fund is $1.06291 per unit and the current entry price is $1.06504 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the MLC Wholesale Horizon 2 - Income managed fund is $1,000.

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.