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  5. MLC Wholesale Index Plus Growth - Managed fund profile

MLC Wholesale Index Plus Growth - Managed Fund

Fund Objective
Aims to provide a return that meets the Benchmark, before fees, over 7 year periods.
Fund Strategy
To meet the Benchmark return while reducing the Trust's exposure to market risks, our investment experts: Actively manage the Trust's exposure to return opportunities and risk by adjusting the allocations to the asset classes away from the strategic asset allocation, while aiming to remain within the defined ranges shown below. Research and select mostly mainstream asset classes, with some exposure to alternative assets and strategies.

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 0.36% 3.53% 8.89% 25.24% 14.41% 6.87% 8% -%
Growth return 0.36% 3.12% 6.03% 21.04% 11.15% 3.46% 4.07% -%
Income return 0% 0.41% 2.86% 4.2% 3.26% 3.41% 3.93% -%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Wholesale Index Plus Growth
Australian Equities
29.06%
International Equities
49.25%
Cash
2%
Property
5.64%
Fixed Interest
13.05%
Alternatives
1%

General Information

Fund Details
Type Description
MLC Wholesale Index Plus Growth
MLC Limited
MLC9748AU
starstarstarstar (as at 31 Oct 2024)
Unknown
14 Jul 2017
$588.93 million (as at 31 Oct 2024)
$1.41106 (as at 20 Nov 2024)
$1.40964 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.29% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.29% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2024)

Holding (as at 31 Jul 2024) Type % of Portfolio
Macquarie Hedged Index Global Infra Secs Mutual Fund - Open End 3.23%
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FAQs about the MLC Wholesale Index Plus Growth

The objective of the MLC Wholesale Index Plus Growth managed fund is Aims to provide a return that meets the Benchmark, before fees, over 7 year periods.

The strategy of the MLC Wholesale Index Plus Growth managed fund is To meet the Benchmark return while reducing the Trust's exposure to market risks, our investment experts: Actively manage the Trust's exposure to return opportunities and risk by adjusting the allocations to the asset classes away from the strategic asset allocation, while aiming to remain within the defined ranges shown below. Research and select mostly mainstream asset classes, with some exposure to alternative assets and strategies.

The APIR code of the MLC Wholesale Index Plus Growth managed fund is MLC9748AU.

MLC Wholesale Index Plus Growth’s total return last month was 0.36%. This was made up of a growth return of 0.36% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC Wholesale Index Plus Growth’s total return for the last three months was 3.53%. This was made up of a growth return of 3.12% and an income return of 0.41%%. These returns were calculated as at 31 Oct 2024.

MLC Wholesale Index Plus Growth’s one-year total return is 25.24%. This was made up of a growth return of 21.04% and an income return of 4.2%. These returns were calculated as at 31 Oct 2024.

MLC Wholesale Index Plus Growth’s one-year total return is 6.87%. This was made up of a growth return of 3.46% and an income return of 3.41%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC Wholesale Index Plus Growth managed fund is :

Australian Equities
29.06%
International Equities
49.25%
Cash
2%
Property
5.64%
Fixed Interest
13.05%
Alternatives
1%

The Responsible Entity for the MLC Wholesale Index Plus Growth managed fund is MLC Limited.

As at 31 Oct 2024, the size of the MLC Wholesale Index Plus Growth managed fund was $588.93 million.

The MLC Wholesale Index Plus Growth managed fund has an inception date of 14 Jul 2017.

The current entry price of the MLC Wholesale Index Plus Growth managed fund is $1.41106 per unit and the current exit price is $1.40964 per unit (as at 20 Nov 2024).

The current exit price of the MLC Wholesale Index Plus Growth managed fund is $1.40964 per unit and the current entry price is $1.41106 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the MLC Wholesale Index Plus Growth managed fund 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.