MLC Wholesale Horizon 5 Growth Portfolio
Features
Information
Investment minimums
Pricing
Investment objective
The portfolio aims to outperform its benchmark, after fees, over 7 year periods. It aims to achieve this by actively managing the portfolio. This includes changing the portfolios asset allocation to capitalise on investment opportunities or reduce risk if market risk is high.
Investment strategy
The fund invests primarily in shares, debt asset and property securities.
Investor profile
The fund is intended to be suitable for investors who:
- want long-term capital growth and are seeking a portfolio that invests predominantly in growth assets
- want a portfolio that’s diversified across asset classes, investment managers, and securities, and
- understand that there can be large fluctuations in income and the value of your investment.
Research house ratings
Rating
Meet the manager(s)
Our impressive investment capabilities are driven by our investment team and structure. Our unified team has had a long association with creating and managing multi-manager portfolios for investors and draws on the very best of our individual corporate heritages, honed over multiple investment cycles. We have created an investment capability of significant depth and breadth in the industry – leveraging a powerful common engine room working for the benefit of our clients. Using our market-leading investment approach, we structure our portfolios to deliver more reliable returns across many potential market environments.
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.
Cumulative performance
| 3 months | 6 months | Year to date | 1 year | 3 years pa | 5 years pa | ||
|---|---|---|---|---|---|---|---|
| Fund | -0.76% | 0.08% | 0.32% | 10.50% | 9.75% | 6.78% | |
| FE Sector | -0.59% | -0.75% | -0.16% | 10.97% | 10.29% | 7.40% |
Calendar Performance
| 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | ||
|---|---|---|---|---|---|---|
| Fund | 7.81% | 14.38% | 12.95% | -8.01% | 17.08% | |
| FE Sector | 10.00% | 14.92% | 13.24% | -8.67% | 17.97% |
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
Past performance is not a reliable indicator of future performance. Returns are not guaranteed and may vary from any target described in this document. The capital value, payment of income, and performance of any financial product referred to in this communication are not guaranteed. An investment in any such financial product referred to in this communication is subject to investment risk, including possible delays in repayment of capital and loss of income and principal invested. Actual returns may vary from any target return described in this communication and there is a risk that the investment may achieve lower than expected returns.
Net returns are calculated after deducting management fees and assume reinvestment of all distributions.
Gross returns are calculated before deducting management fees.
The performance data has been sourced by FE fundinfo.
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Asset allocation as at 30/4/2026
| Australian shares | 30.18% | |
| Global Shares | 38.00% | |
| Australian property | 3.09% | |
| Global property | 2.91% | |
| Infrastructure | 3.95% | |
| Australian fixed interest | 2.11% | |
| Global fixed interest | 8.43% | |
| Cash and short-term securities | 0.76% | |
| Alternative - growth | 7.92% | |
| Alternative - defensive | 2.64% |
Asset allocation range
| Asset class | Asset range |
|---|---|
| Cash | 0-15% |
| Fixed Income | 0-25% |
| Alternatives | 0-20% |
| Australian Shares | 15-45% |
| Global Shares | 25-55% |
| Property | 0-20% |
| Infrastructure | 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
Top holdings - Australian shares as at 30/4/2026
| BHP Group Limited | 3.17% |
| Commonwealth Bank of Australia | 2.25% |
| Macquarie Group Limited | 1.04% |
| ANZ Group Holdings Limited | 0.99% |
| Westpac Banking Corporation | 0.98% |
| National Australia Bank Limited | 0.95% |
| Rio Tinto Limited | 0.65% |
| CSL Limited | 0.58% |
| Telstra Group Limited | 0.57% |
| Goodman Group | 0.55% |
Top holdings - International shares as at 30/4/2026
| Alphabet Inc. | 1.56% |
| Taiwan Semiconductor Manufacturing Company Limited | 1.47% |
| Microsoft Corporation | 1.23% |
| NVIDIA Corporation | 1.14% |
| Apple Inc. | 0.90% |
| Amazon.com, Inc. | 0.79% |
| Broadcom Inc. | 0.62% |
| ASML Holding NV | 0.55% |
| ResMed Inc. | 0.46% |
| Mastercard Incorporated | 0.46% |
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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Portfolio highlights
Key contributors to performance for the quarter ended 31 March 2026 were:
- Exceptionally strong returns in listed infrastructure (+9.0%).
- The exposure to insurance-related investments (+3.0%) generated strong returns.
- Exposure to opportunistic capital solutions and short-maturity bonds contributed positively to performance. The opportunistic capital solutions returned +1.8% and the short maturity strategy returned +0.6%.
Detractors from performance
Weak returns in Australian shares (-5.0%) and global shares (-6.8%).
Note: Returns for the asset classes above are before fees and tax.)
Portfolio positioning
Overweight to global shares via alternatives reflecting our modest pro-risk view on growth assets. Derivative capabilities used within alternatives provides exposure to Chinese shares using a Total Return Swap and exposure to hedged developed and emerging markets via futures. Outperformance and dispersion options are used with global shares to enhance the range of outcomes.
Maintain an underweight position in unlisted property, which helps to fund the overweight to global shares which we believe offers greater risk/reward potential.
The overweight to fixed income includes an overweight to a diversified range of credit strategies including short maturities, private credit and MLC opportunistic capital solutions as we expect these strategies to outperform traditional bonds and cash.
Underweight to cash and all maturities to fund the fixed income overweights.
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