InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Optimum Corporate Super - MLC Income Builder - Managed fund profile

Optimum Corporate Super - MLC Income Builder - Managed Fund (Closed)

Fund Objective
Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.
Fund Strategy
The Fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The Fund is expected to generate tax effective returns by: - investing in companies expected to have high franking levels, and - carefully managing the realisation of capital gains. The Fund is expected to provide returns consistent with investing in a broad range of Australian companies.

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 0.23% 6.13% 12.96% 16.41% 4.46% 7.96% 12.72% 5.13%
Growth return 0.23% 6.13% 12.96% 16.41% 4.46% 7.96% 12.72% 5.13%
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 Apr 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Optimum Corporate Super - MLC Income Builder
Australian Equities
89.15%
International Equities
2.52%
Cash
2.36%
Property
5.54%
Alternatives
0.43%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
93.36%
International Equities
4.21%
Cash
-0.08%
Property
2.11%
Alternatives
0.01%
Fixed Interest
0.40%

General Information

Fund Details
Type Description
Optimum Corporate Super - MLC Income Builder
Closed
Suncorp Portfolio Services Limited
RSA0073AU
Equity Australia Large Value
starstarstarstar (as at 30 Apr 2017)
Superannuation Fund
25 Jan 2005
$0.16 million (as at 30 Apr 2017)
$2.2223 (as at 29 May 2017)
$2.2166 (as at 29 May 2017)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 0.97% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 0.97% (as at 30 Jun 2013)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2024)

Holding (as at 31 Jul 2024) Type % of Portfolio
Westpac Banking Corp Equity 8.97%
Login now to view the complete list of holdings.

FAQs about the Optimum Corporate Super - MLC Income Builder

The objective of the Optimum Corporate Super - MLC Income Builder managed fund is Aims to provide returns from companies that are expected to deliver a growing dividend stream over time.

The strategy of the Optimum Corporate Super - MLC Income Builder managed fund is The Fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The Fund is expected to generate tax effective returns by: - investing in companies expected to have high franking levels, and - carefully managing the realisation of capital gains. The Fund is expected to provide returns consistent with investing in a broad range of Australian companies.

The APIR code of the Optimum Corporate Super - MLC Income Builder managed fund is RSA0073AU.

Optimum Corporate Super - MLC Income Builder’s total return last month was 0.23%. This was made up of a growth return of 0.23% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

Optimum Corporate Super - MLC Income Builder’s total return for the last three months was 6.13%. This was made up of a growth return of 6.13% and an income return of 0%%. These returns were calculated as at 30 Apr 2017.

Optimum Corporate Super - MLC Income Builder’s one-year total return is 16.41%. This was made up of a growth return of 16.41% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

Optimum Corporate Super - MLC Income Builder’s one-year total return is 7.96%. This was made up of a growth return of 7.96% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

The asset allocation of the Optimum Corporate Super - MLC Income Builder managed fund is :

Australian Equities
89.15%
International Equities
2.52%
Cash
2.36%
Property
5.54%
Alternatives
0.43%
Fixed Interest
0%

The Responsible Entity for the Optimum Corporate Super - MLC Income Builder managed fund is Suncorp Portfolio Services Limited.

The Optimum Corporate Super - MLC Income Builder managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 30 Apr 2017, the size of the Optimum Corporate Super - MLC Income Builder managed fund was $0.16 million.

The Optimum Corporate Super - MLC Income Builder managed fund has an inception date of 25 Jan 2005.

The current entry price of the Optimum Corporate Super - MLC Income Builder managed fund is $2.2223 per unit and the current exit price is $2.2166 per unit (as at 29 May 2017).

The current exit price of the Optimum Corporate Super - MLC Income Builder managed fund is $2.2166 per unit and the current entry price is $2.2223 per unit (as at 29 May 2017).

The minimum initial investment amount for the Optimum Corporate Super - MLC Income Builder managed fund is $0. 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.