SMA MLC Value Balanced 70
Features
Information
Investment minimums
Pricing
Investment objective
To deliver CPI +2.5% over 5+ years, net of investment manager fees
Investment strategy
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.
Investor profile
The portfolio is designed for investors who seek income returns with potential for capital growth by investing in a diversified mix of growth and defensive assets. They should be prepared to accept a high level of risk of capital loss to achieve the investment objective.
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 | 1.72% | 7.03% | 9.51% | 18.67% | 5.42% | - | |
| Benchmark | 1.67% | 6.47% | 10.11% | 18.89% | 4.81% | - |
Calendar Performance
| 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | ||
|---|---|---|---|---|---|---|
| Fund | 13.01% | -7.64% | 16.05% | - | - | |
| Benchmark | 10.86% | -7.79% | 14.13% | - | - |
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 - 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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Asset allocation as at 31/10/2024
| Australian shares | 23.65% | |
| Property | 3.67% | |
| Infrastructure | 3.06% | |
| Australian fixed interest | 12.96% | |
| Global fixed interest | 13.00% | |
| Cash and short-term securities | 4.38% | |
| Alternative - growth | 6.93% | |
| Alternative - defensive | 2.97% | |
| Global shares (unhedged) | 15.23% | |
| Global shares (hedged) | 14.15% |
Asset allocation range
| Asset class | Asset range |
|---|---|
| Cash | 2-15% |
| Fixed Interest | 5-40% |
| Alternatives | 0-20% |
| Australian Shares | 20-50% |
| Global Shares | 10-50% |
| 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
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Direct equities holdings - as at 31/10/2024
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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Portfolio highlights
The Portfolio generated a negative return for October. Global share prices fell in October in local currency terms. Notably both the American and Australian benchmark share indexes briefly made record highs in October. These gains faded with concerns over rising government bond yields, the looming US Presidential and Congressional elections in November and escalating conflict in the Middle East and Ukraine.
With a sharp fall (-5.6%) in the Australian dollar in October, we saw mild gains in our unhedged global shares positions, and inversely negative impacts to our hedged global shares and real asset exposures.
The iShares International Equity Index Fund proved the strongest absolute contributor to portfolio performance in October, having returned 3.9%.
MLC Real Return Assertive contributed positively over the month (+0.6%), helping to dampen the impact of volatile equity markets, currency reactions, and rising bond yields (falling bond prices) post US election.
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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