MLC Premium Growth 85
To deliver CPI +4% p.a over 7+ years, net of investment manager fees
Our investment experts invest each portfolio in a combination of asset classes including shares, fixed income, alternatives and cash that they believe will be best placed to achieve the investment objective of each portfolio for investors. We carefully select specialist investment managers to build investments in each asset class. Investments are mainly actively managed through a combination of direct shares in companies and managed funds.
In an unpredictable and constantly changing world, we use our unique Investment Futures Framework to continually identify the very wide range of potential investment market conditions that could occur, and their effect on asset class returns. The insights from this analysis are used to work out the combination of asset classes that our investment experts believe will best achieve each portfolio’s objective.
The portfolio is designed for investors who seek some income returns with high potential for capital growth by investing in predominately growth assets. They should be prepared to accept a high level of risk of capital loss to achieve the investment objective.
This website contains general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial adviser. You should obtain and consider a copy of the relevant Product Disclosure Statement (PDS) or offer document available from us or your financial adviser, before you acquire a financial product. Disclaimers - MLC
Important information:
Other fees and costs may apply to this fund. To obtain this information please refer to the latest Product Disclosure Statement (PDS) for the fund available at mlc.com.au/findafund, speak to your Financial Adviser or call MLC on 132 652 between 8am and 6pm (AEST/AEDT), Monday to Friday.
| 3 months | 6 months | Year to date | 1 year | 3 years pa | 5 years pa | ||
|---|---|---|---|---|---|---|---|
| Fund | 7.42% | 7.03% | 3.41% | 12.64% | 6.86% | - | |
| Benchmark | 9.36% | 8.09% | 4.93% | 15.44% | 8.38% | - |
| 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | ||
|---|---|---|---|---|---|---|
| Fund | 12.60% | -8.95% | 18.35% | - | - | |
| Benchmark | 14.12% | -9.08% | 19.00% | - | - |
This website contains general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial adviser. You should obtain and consider a copy of the relevant Product Disclosure Statement (PDS) or offer document available from us or your financial adviser, before you acquire a financial product. Disclaimers - MLC
The performance and holdings are for the Model Portfolio and are not a guarantee or an indication of the actual performance or holdings of a client's portfolio due to differences in the timing and transaction prices for portfolio changes, client investments and withdrawals during the period, timing of receipt of dividends and income distributions, platform administration fees, transactional costs associated with the client's portfolio, and any portfolio exclusions required by the client.
Past performance is not a reliable indicator or guarantee of any future performance.
The value of an investment may rise or fall with the changes in the market. Inflation is measured by the Consumer Price Index (CPI). We use the most recent CPI as an estimate until the actual CPI is available from the Australian Bureau of Statistics.
The performance data has been sourced by FE fundinfo.
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| Australian shares | 28.46% | |
| Property | 4.53% | |
| Australian fixed interest | 4.17% | |
| Global fixed interest | 9.99% | |
| Cash and short-term securities | 4.54% | |
| Alternative - growth | 8.39% | |
| Alternative - defensive | 3.60% | |
| Global shares (unhedged) | 20.48% | |
| Global shares (hedged) | 15.86% |
| Asset class | Asset range |
|---|---|
| Cash | 2-10% |
| Fixed Interest | 0-30% |
| Alternatives | 0-20% |
| Australian Shares | 20-60% |
| Global Shares | 20-60% |
| Property | 0-15% |
This website contains general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial adviser. You should obtain and consider a copy of the relevant Product Disclosure Statement (PDS) or offer document available from us or your financial adviser, before you acquire a financial product. Disclaimers - MLC
Powered by data from FE fundinfo
This website contains general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial adviser. You should obtain and consider a copy of the relevant Product Disclosure Statement (PDS) or offer document available from us or your financial adviser, before you acquire a financial product. Disclaimers - MLC
Powered by data from FE fundinfo
This website contains general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial adviser. You should obtain and consider a copy of the relevant Product Disclosure Statement (PDS) or offer document available from us or your financial adviser, before you acquire a financial product. Disclaimers - MLC
Powered by data from FE fundinfo
The Portfolio generated a positive return for February with global share prices making solid gains given continued optimism on the prospects for Artificial Intelligence (AI), a softer landing in global economic activity and lower interest rates.
The best performing fund was the Fairview Emerging Companies Fund, outperforming its benchmark in February by 1.5%. Also on the domestic front, Wesfarmers was the best performer in direct Australian shares portfolio delivering better-than-expected profit, driven by strong performance from Bunnings and Kmart. Management noted that high inflation is driving shoppers to Kmart’s more affordable products, and within the Bunnings business maintained robust margins with little in the way outright sales growth.
Wall Street again made solid gains on the back of the mania for AI. The largest AI chipmaker in Nvidia led the charge with a 29% price gain in February given strong revenue and profit growth. This technology optimism overcame concerns over stubborn US inflation and mixed economic activity data. European share markets also advanced solidly with hopes for falling interest rates in 2024. Chinese share markets surprised with strong gains given encouraging signs of more central bank support for the weak property sector and continuing ‘slower burn’ more targeted stimulus.
Australian shares delivered a flat performance but are still near record highs. The Information Technology sector surged with a 19% gain given the technology optimism. Consumer discretionary (9.2%), real estate (4.8%) and financial (3.5%) sector shares also made strong gains given hopes for lower interest rates this year and softer landing in economic growth being less impactful on the consumer. However, there were some disappointments with a sharp -6% return for the resources sector given lower iron ore, lithium and nickel prices.
Australia’s economy appears subdued but is also experiencing a welcome decline in inflation, particularly within goods inflation. Employment and retail spending have fallen in the December- January period with the business sector cautious about hiring and the consumer reluctant to spend given high prices and interest rates. In more positive news, consumer annual inflation came in at 3.4% in January. This was the lowest inflation in the past two years and suggests that the Reserve Bank could consider lowering interest rates this year, more likely in the second half of 2024.
This website contains general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial adviser. You should obtain and consider a copy of the relevant Product Disclosure Statement (PDS) or offer document available from us or your financial adviser, before you acquire a financial product. Disclaimers - MLC
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