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  5. PIC Wholesale 30/70 Portfolio - Managed fund profile

PIC Wholesale 30/70 Portfolio - 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 0.81% 0.3% 2.95% 7.85% 6.88% 3.04% 3.1% 3.83%
Growth return -0.42% -0.93% 1.24% 5.12% 4.9% 0.6% 0.11% 0.31%
Income return 1.23% 1.23% 1.71% 2.73% 1.98% 2.44% 2.99% 3.52%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return -0.94% 0.81% 4.73% 12.7% 6.97% 2.07% 2.67% 4.24%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIC Wholesale 30/70 Portfolio
Australian Equities
9.05%
International Equities
14.11%
Cash
3.04%
Property
0.03%
Fixed Interest
60.86%
Alternatives
12.92%
Average Allocation of Peers
Australian Equities
11.10%
International Equities
13.65%
Cash
17.14%
Property
4.34%
Fixed Interest
47.59%
Alternatives
6.18%

General Information

Fund Details
Type Description
PIC Wholesale 30/70 Portfolio (Wholesale)
MLC Investments Limited
MLC0775AU
Multisector Moderate
starstarstarstar (as at 30 Jun 2024)
Investment Fund
14 Mar 2007
n/a
$1.04865 (as at 28 Jun 2024)
$1.04655 (as at 28 Jun 2024)
Finalised
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 additional investments
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 PIC Wholesale 30/70 Portfolio

The objective of the PIC Wholesale 30/70 Portfolio managed fund is Aims to outperform the Benchmark, after fees, over 3 year periods.

The strategy of the PIC Wholesale 30/70 Portfolio 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 PIC Wholesale 30/70 Portfolio managed fund is MLC0775AU.

PIC Wholesale 30/70 Portfolio’s total return last month was 0.81%. This was made up of a growth return of -0.42% and an income return of 1.23%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale 30/70 Portfolio’s total return for the last three months was 0.3%. This was made up of a growth return of -0.93% and an income return of 1.23%%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale 30/70 Portfolio’s one-year total return is 7.85%. This was made up of a growth return of 5.12% and an income return of 2.73%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale 30/70 Portfolio’s one-year total return is 3.04%. This was made up of a growth return of 0.6% and an income return of 2.44%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the PIC Wholesale 30/70 Portfolio 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 PIC Wholesale 30/70 Portfolio managed fund is MLC Investments Limited.

The PIC Wholesale 30/70 Portfolio managed fund belongs to the Multisector Moderate sector/asset class.

As at 31 Aug 2010, the size of the PIC Wholesale 30/70 Portfolio managed fund was $ million.

The PIC Wholesale 30/70 Portfolio managed fund has an inception date of 14 Mar 2007.

The current entry price of the PIC Wholesale 30/70 Portfolio managed fund is $1.04865 per unit and the current exit price is $1.04655 per unit (as at 28 Jun 2024).

The current exit price of the PIC Wholesale 30/70 Portfolio managed fund is $1.04655 per unit and the current entry price is $1.04865 per unit (as at 28 Jun 2024).

The minimum initial investment amount for the PIC Wholesale 30/70 Portfolio managed fund is $1,000. 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.