MLC MultiActive Global Shares
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
To provide capital growth of your investment over the long term by investing in a diversified portfolio of international shares, and to achieve a total return after fees in excess of the MSCI All Country World ex Australia Index ($A) with Special Tax (unhedged in AUD) over a rolling seven-year period.
Investment strategy
The Trust generally gains its investment exposure by investing in a well-diversified portfolio of international share investment managers.
The Trust’s investments generally provide exposure to stocks within the MSCI All Country World ex Australia Index ($A). However, the Trust has the capacity to gain exposure to shares outside the index, such as emerging markets and unlisted shares.
The Trust aims to be fully invested at all times with cash exposure not exceeding 10% for any length of time.
The Trust is authorised to utilise approved derivative instruments subject to the specific restriction that derivative instruments cannot be used to gear the portfolio exposure.
The underlying managers may utilise strategies for the management of currency exposure. It is the strategy of the Trust that part of the international currency exposure may be hedged. The Trust has the capacity to apply currency overlay to manage currency risk.
Investor profile
The Trust may be suitable for investors:
- with an investment time frame of approximately seven years
- with a high level of risk tolerance
- who are seeking capital growth through a welldiversified portfolio of international shares
- who are prepared to accept the higher levels of volatility typically associated with international share investments
- who are prepared to accept currency risk that comes with international investing.
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 | -1.84% | 8.09% | -1.84% | 9.35% | 12.64% | 13.00% | |
| FE Sector | -1.72% | 6.17% | -1.72% | 7.72% | 10.82% | 12.73% | |
| Benchmark | -1.83% | 9.22% | -1.83% | 12.85% | 14.46% | 15.32% |
Calendar Performance
| 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | ||
|---|---|---|---|---|---|---|
| Fund | 27.04% | 19.63% | -13.92% | 21.97% | 8.52% | |
| FE Sector | 22.63% | 18.59% | -13.62% | 23.68% | 6.35% | |
| Benchmark | 30.40% | 22.21% | -12.29% | 26.53% | 6.57% |
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 31/3/2025
| Global Shares | 99.84% | |
| Cash and short-term securities | 0.16% |
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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Top holdings - International shares as at 31/3/2025
| Microsoft Corporation | 3.85% |
| Apple Inc. | 2.72% |
| Amazon.com, Inc. | 1.81% |
| NVIDIA Corporation | 1.77% |
| Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR | 1.68% |
| Netflix, Inc. | 1.30% |
| Visa Inc. Class A | 1.26% |
| Linde plc | 1.18% |
| Mastercard Incorporated Class A | 1.16% |
| Booking Holdings Inc. | 1.13% |
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 March 2025
Global equity markets fell in the March quarter. Global equities performed strongly in January, but then fell sharply from late February after the US announced new tariffs on China, Mexico and Canada.
Contributors to performance
Pzena outperformed due to positive stock selection in information technology and healthcare and from being overweight this sector. Currency also contributed favourably.
Arrowstreet outperformed due to positive stock selection in financials, communication services and consumer discretionary. Being overweight financials and communication services also contributed favourably to performance.
Royal London outperformed due to positive stock selection in financials and from being underweight information technology.
Brown Advisory outperformed due to being overweight financials and from positive stock selection in consumer discretionary.
Detractors from performance
Alphinity underperformed due to negative stock selection in healthcare, financials and information technology.
Intermede underperformed due to negative stock selection in health care and financials.
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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