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  5. PIC Wholesale Inflation Plus - Moderate - Managed fund profile

PIC Wholesale Inflation Plus - Moderate - Managed Fund

Fund Objective
Aims to deliver a return of 3.5% pa above inflation (after management costs), subject to limiting the risk of negative returns over 5 year periods.
Fund Strategy
The key aspects of the way the Trust is managed are: flexible asset allocation - the asset allocation is actively managed in accordance with our investment experts' changing view of potential opportunities and risks in investment markets. diversification - the Trust invests across a wide range of assets and strategies. These may include both mainstream (eg shares and bonds) and alternative investments (eg hedge funds) that may not be widely used in other investment funds.

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 0.49% -0.9% 2.44% 6.93% 7.17% 4.15% 4.35% 4.62%
Growth return -5.07% -6.39% -3.23% 1.01% 3.01% -0.5% -0.06% 0.51%
Income return 5.56% 5.49% 5.67% 5.92% 4.16% 4.65% 4.41% 4.11%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 0.99% -0.33% 4.17% 9.16% 8.36% 2.5% 4.35% 5.84%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIC Wholesale Inflation Plus - Moderate
Australian Equities
9.25%
International Equities
27.59%
Cash
16.23%
Property
0.90%
Fixed Interest
33.80%
Alternatives
12.24%
Average Allocation of Peers
Australian Equities
16.18%
International Equities
27.05%
Cash
10.40%
Property
4.14%
Fixed Interest
36.55%
Alternatives
5.67%

General Information

Fund Details
Type Description
PIC Wholesale Inflation Plus - Moderate (Wholesale)
MLC Limited
MLC0923AU
Multisector Flexible
starstarstarstar (as at 30 Jun 2024)
Investment Fund
1 Oct 2013
n/a
$1.13209 (as at 28 Jun 2024)
$1.12983 (as at 28 Jun 2024)
Open
Offer information
Type Description
MER 0.96% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.94% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.02
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
IOOF Income Trust Mutual Fund - Open End 12.44%
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FAQs about the PIC Wholesale Inflation Plus - Moderate

The objective of the PIC Wholesale Inflation Plus - Moderate managed fund is Aims to deliver a return of 3.5% pa above inflation (after management costs), subject to limiting the risk of negative returns over 5 year periods.

The strategy of the PIC Wholesale Inflation Plus - Moderate managed fund is The key aspects of the way the Trust is managed are: flexible asset allocation - the asset allocation is actively managed in accordance with our investment experts' changing view of potential opportunities and risks in investment markets. diversification - the Trust invests across a wide range of assets and strategies. These may include both mainstream (eg shares and bonds) and alternative investments (eg hedge funds) that may not be widely used in other investment funds.

The APIR code of the PIC Wholesale Inflation Plus - Moderate managed fund is MLC0923AU.

PIC Wholesale Inflation Plus - Moderate’s total return last month was 0.49%. This was made up of a growth return of -5.07% and an income return of 5.56%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Inflation Plus - Moderate’s total return for the last three months was -0.9%. This was made up of a growth return of -6.39% and an income return of 5.49%%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Inflation Plus - Moderate’s one-year total return is 6.93%. This was made up of a growth return of 1.01% and an income return of 5.92%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Inflation Plus - Moderate’s one-year total return is 4.15%. This was made up of a growth return of -0.5% and an income return of 4.65%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the PIC Wholesale Inflation Plus - Moderate managed fund is :

Australian Equities
9.25%
International Equities
27.59%
Cash
16.23%
Property
0.90%
Fixed Interest
33.80%
Alternatives
12.24%

The Responsible Entity for the PIC Wholesale Inflation Plus - Moderate managed fund is MLC Limited.

The PIC Wholesale Inflation Plus - Moderate managed fund belongs to the Multisector Flexible sector/asset class.

As at , the size of the PIC Wholesale Inflation Plus - Moderate managed fund was $ million.

The PIC Wholesale Inflation Plus - Moderate managed fund has an inception date of 1 Oct 2013.

The current entry price of the PIC Wholesale Inflation Plus - Moderate managed fund is $1.13209 per unit and the current exit price is $1.12983 per unit (as at 28 Jun 2024).

The current exit price of the PIC Wholesale Inflation Plus - Moderate managed fund is $1.12983 per unit and the current entry price is $1.13209 per unit (as at 28 Jun 2024).

The minimum initial investment amount for the PIC Wholesale Inflation Plus - Moderate managed fund is $500,000. 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.