MLC MultiActive Cash Enhanced
Features
Information
Investment minimums
Pricing
Standard risk measure
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |
|---|---|---|---|---|---|---|---|
| Standard Risk Measure |
A Standard Risk Measure score of 1 equates to a Risk Label of 'Very Low' and an estimated number of negative annual returns over any 20 year period of less than 0.5. This is a measure of expected frequency (not magnitude) of capital losses, calculated in accordance with ASFA/FSC guidelines.
Investment objective
To provide stable returns with low risk over the short-term, by investing in a range of cash and short-term securities and high quality interest bearing securities including Australian government, semi-government and Australian corporate holdings, and to achieve a total return after fees in excess of the Bloomberg AusBond Bank Bill Index over a rolling one-year period.
Investment strategy
The Trust generally gains its investment exposure by investing in a portfolio of domestic cash investment managers.
The Trust is designed to provide investors with returns higher than a fund invested purely in cash, and in excess of the Bloomberg AusBond Bank Bill Index.
The Trust aims to be fully invested with exposure to cash and short-term securities at all times.
The underlying investments of the Trust may comprise of bank bills and other short-term money market securities, such as short-term loans to banks, corporates and Australian governments, which are considered to be secure investments.
Investor profile
The Trust may be suitable for investors:
- with a short term investment time frame of approximately one year
- with a low level of risk tolerance
- who are seeking returns from income-generating assets with low volatility.
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 - IOOF.
Important information:
Other fees and costs may apply to your investment option. To obtain this information please refer to the latest Product Disclosure Statement (PDS), Target Market Determination (TMD) and/or Financial Services Guide (FSG) available at https://www.ioof.com.au/forms, speak to your Financial Adviser or call IOOF on 1800 002 217 between 8am and 5.30pm (AEST/AEDT), Monday to Friday.
Amounts displayed for each option are generally updated on either a monthly or quarterly basis. Amounts shown may therefore differ from those set out in the latest PDS or FSG.
Lonsec
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Zenith
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Cumulative performance
| 3 months | 6 months | Year to date | 1 year | 3 years pa | 5 years pa | ||
|---|---|---|---|---|---|---|---|
| Fund | 1.08% | 2.13% | 0.74% | 4.57% | 4.94% | 3.25% | |
| FE Sector | 1.01% | 2.01% | 0.66% | 4.28% | 4.69% | 3.11% | |
| Benchmark | 0.90% | 1.80% | 0.59% | 3.83% | 4.14% | 2.83% |
Calendar Performance
| 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | ||
|---|---|---|---|---|---|---|
| Fund | 4.76% | 5.37% | 4.85% | 0.51% | 0.08% | |
| FE Sector | 4.42% | 5.13% | 4.60% | 0.74% | 0.15% | |
| Benchmark | 3.97% | 4.47% | 3.89% | 1.25% | 0.03% |
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 - IOOF.
Performance is net of management costs and expenses. Performance is based on exit price to exit price for the period and assumes that all distributions are reinvested. Management costs and other expenses are accounted for in the exit price. Past performance is not a reliable indicator of future performance.
The performance data has been sourced by FE fundinfo.
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Asset allocation as at 28/2/2026
| Cash and short-term securities | 100.00% |
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 - IOOF.
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Latest portfolio positioning
Adviser presentations PPT
Investment update for financial advisers - summarises the key drivers of performance, how our diversified funds are positioned and how they've performed relative to peers.
Insights and portfolio positioning update PDF
The latest adviser update is available and explains MLCAM's assessment of the current market environment, cyclical factors influencing our asset allocation process, our asset class expectations and how our diversified funds (including MLC Managed Account Strategies) are positioned.
Insights and positioning for Investors
Chart pack
MLC popular charts pack - a great resource for client conversations with charts and graphs explaining key investment concepts.
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 - IOOF.
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Portfolio highlights
As at 31 December 2025:
In the December quarter, global markets were increasingly pricing in rate cuts for 2026 as inflation data moderated and economic data slowed. Australia the outlier and the underperformer as stronger than expected inflation data led to rate hikes being priced in.
Contributors to performance
Duration and sector/security selection added value.
Detractors from performance
No major detractors.
Source: IOOF Investments 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 - IOOF.
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