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  5. PIC Wholesale Global Share - Managed fund profile

PIC Wholesale Global Share - Managed Fund

Fund Objective
Aims to outperform the Benchmark (after fees) over 7 year periods.
Fund Strategy
The fund invests primarily in companies listed (or expected to be listed) on share market anywhere around the world, and is typically diversified across major listed industry groups.

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 2.3% 0.37% 14.55% 19.43% 19.63% 9.05% 11.63% 12.15%
Growth return -8.59% -10.32% 2.35% 6.71% 5.13% -3.44% -0.62% 0.76%
Income return 10.89% 10.69% 12.2% 12.72% 14.5% 12.49% 12.25% 11.39%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIC Wholesale Global Share
International Equities
99.15%
Cash
0.33%
Alternatives
0.52%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
International Equities
93.20%
Cash
2.45%
Alternatives
0.09%
Australian Equities
2.64%
Property
1.51%
Fixed Interest
0.12%

General Information

Fund Details
Type Description
PIC Wholesale Global Share
MLC Investments Limited
MLC0771AU
Equity World Large Blend
starstarstar (as at 30 Jun 2024)
Investment Fund
14 Mar 2007
n/a
$1.07249 (as at 28 Jun 2024)
$1.06982 (as at 28 Jun 2024)
Finalised
Offer information
Type Description
MER 0.85% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
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
Multimix Wholesale International Shares Trust Mutual Fund - Open End 98.72%
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FAQs about the PIC Wholesale Global Share

The objective of the PIC Wholesale Global Share managed fund is Aims to outperform the Benchmark (after fees) over 7 year periods.

The strategy of the PIC Wholesale Global Share managed fund is The fund invests primarily in companies listed (or expected to be listed) on share market anywhere around the world, and is typically diversified across major listed industry groups.

The APIR code of the PIC Wholesale Global Share managed fund is MLC0771AU.

PIC Wholesale Global Share’s total return last month was 2.3%. This was made up of a growth return of -8.59% and an income return of 10.89%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Global Share’s total return for the last three months was 0.37%. This was made up of a growth return of -10.32% and an income return of 10.69%%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Global Share’s one-year total return is 19.43%. This was made up of a growth return of 6.71% and an income return of 12.72%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Global Share’s one-year total return is 9.05%. This was made up of a growth return of -3.44% and an income return of 12.49%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the PIC Wholesale Global Share managed fund is :

International Equities
99.15%
Cash
0.33%
Alternatives
0.52%
Australian Equities
0%
Property
0%
Fixed Interest
0%

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

The PIC Wholesale Global Share managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Aug 2004, the size of the PIC Wholesale Global Share managed fund was $ million.

The PIC Wholesale Global Share managed fund has an inception date of 14 Mar 2007.

The current entry price of the PIC Wholesale Global Share managed fund is $1.07249 per unit and the current exit price is $1.06982 per unit (as at 28 Jun 2024).

The current exit price of the PIC Wholesale Global Share managed fund is $1.06982 per unit and the current entry price is $1.07249 per unit (as at 28 Jun 2024).

The minimum initial investment amount for the PIC Wholesale Global Share 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.