MLC MultiActive Geared
Features
Information
Investment minimums
Pricing
Standard risk measure
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |
|---|---|---|---|---|---|---|---|
| Standard Risk Measure |
A Standard Risk Measure score of 7 equates to a Risk Label of 'Very High' and an estimated number of negative annual returns over any 20 year period of 6 or Greater. This is a measure of expected frequency (not magnitude) of capital losses, calculated in accordance with ASFA/FSC guidelines.
Investment objective
The portfolio aims to outperform its benchmark, after fees, over 7 year periods. It aims to achieve this return while keeping volatility (movements up and down in value) at levels similar to the benchmark.
Investment strategy
The portfolio focused on long-term capital growth, generally borrows to invest in growth assets and comfortable with the extra volatility associated with gearing.
Investor profile
The fund is intended to be suitable for investors who:
- want to gear a portfolio that’s diversified across growth assets (primarily shares), investment managers, and securities
- want to gear a portfolio but don’t want the burden of obtaining and managing own loan
- want long-term capital growth you expect growth in the assets’ value to exceed the costs of gearing, and
- comfortable with the risks of gearing including extra volatility and increased risk of capital loss, as outlined in the Product Guide.
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.
Cumulative performance
| 3 months | 6 months | Year to date | 1 year | 3 years pa | 5 years pa | ||
|---|---|---|---|---|---|---|---|
| Fund | -3.29% | -0.62% | -3.29% | 5.08% | 8.40% | 16.19% | |
| FE Sector | -1.72% | 6.17% | -1.72% | 7.72% | 10.82% | 12.73% |
Calendar Performance
| 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | ||
|---|---|---|---|---|---|---|
| Fund | 20.34% | 19.07% | -12.18% | 26.69% | 3.37% | |
| FE Sector | 22.63% | 18.59% | -13.62% | 23.68% | 6.35% |
Asset allocation as at 31/3/2025
| Australian shares | 49.67% | |
| Global Shares | 67.45% | |
| Global property | 2.80% | |
| Infrastructure | 3.13% | |
| Cash and short-term securities | 0.68% | |
| Alternative - growth | 4.68% | |
| Alternative - defensive | 1.56% |
Asset allocation range
| Asset class | Asset range |
|---|---|
| Australian shares | 35 – 65% |
| Global shares | 50– 85% |
| Property | 0 – 15% |
| Alternatives | 0 – 20% |
| Infrastructure | 0 – 15% |
Top holdings - Australian shares as at 31/3/2025
| BHP Group Ltd | 3.41% |
| Commonwealth Bank of Australia | 2.65% |
| CSL Limited | 2.58% |
| National Australia Bank Limited | 1.52% |
| ANZ Group Holdings Limited | 1.45% |
| Macquarie Group, Ltd. | 1.34% |
| Telstra Group Limited | 1.07% |
| Westpac Banking Corporation | 1.06% |
| Goodman Group | 0.93% |
| Aristocrat Leisure Limited | 0.90% |
Top holdings - International shares as at 31/3/2025
| Microsoft Corporation | 2.57% |
| Apple Inc. | 1.82% |
| Amazon.com, Inc. | 1.21% |
| NVIDIA Corporation | 1.19% |
| Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR | 1.12% |
| Netflix, Inc. | 0.87% |
| Visa Inc. Class A | 0.84% |
| Linde plc | 0.79% |
| Mastercard Incorporated Class A | 0.77% |
| Booking Holdings Inc. | 0.76% |
Portfolio highlights
Key contributors to performance for the quarter ended 31 March 2025 were:
- There were weak returns in Australian shares (-4.2%) and global shares (-1.1%).
Note: Returns for the asset classes above are before fees and tax.
Portfolio positioning:
Overall positioning is in line with the investment option’s strategic asset allocation.