MLC Premium Moderate 50

 

Features

Information

APIR codeNUN6749AU
Minimum suggested Investment time frame3+ years
Risk/return profile Medium to high
Risk (estimated number of negative annual returns over any 20 years period)3 to less than 4 years in 20 years
Growth/defensiveGrowth 50% / Defensive 50%
BenchmarkAustralia Fund Multisector Balanced
FE fundinfo sectorNot Yet Assigned
Total estimated management costs as at 30/06/20220.9813% pa
SMA size
Inception date01 July 2020
Management Fee (pa)0.305%
Establishment Fee0.00%

Investment minimums

Initial investment$50,000
Additional investment$5,000
Switch/withdrawal$5,000

Pricing

Price date29/03/2024
EntryN/A
ExitN/A

Investment objective

To deliver CPI +2% p.a over 3+ 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 medium to high level of risk to achieve the investment objective.

Meet the manager(s)

NameInsiginia Financial Asset Management
BiographyOur impressive investment capabilities are driven by our investment team and structure. Each asset class has a dedicated portfolio manager who enjoys strong support from a host of support staff including analysts and investment specialists. Furthermore, the team benefits from the strong support of our additional research capabilities, namely through our asset consultant.

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

ResetPerformance line chart
Powered by data from FE fundinfo
3 months6 monthsYear to date1 year3 years pa5 years pa
Fund2.00%7.16%2.00%8.61%4.21%-
Benchmark4.61%9.76%4.61%10.24%4.86%-

Calendar Performance

Performance Bar chart
Powered by data from FE fundinfo
31/12/202331/12/202231/12/202131/12/202031/12/2019
Fund9.93%-5.41%10.34%--
Benchmark9.16%-6.35%10.21%--

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.

Powered by data from FE fundinfo


Asset allocation as at 31/3/2024

Breakdown pie chart
Australian shares19.04%
Property2.37%
Australian fixed interest23.43%
Global fixed interest19.26%
Cash and short-term securities4.54%
Alternative - growth6.06%
Alternative - defensive6.06%
Global shares (unhedged)10.04%
Global shares (hedged)9.19%

Asset allocation range


Asset class Asset range
Cash 0-20%
Fixed Interest 20-60%
Alternatives 0-20%
Australian Shares 10-35%
Global Shares 5-35%
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


Powered by data from FE fundinfo


Direct equities holdings - as at 31/3/2024

BHP Group Ltd
1.63%
Commonwealth Bank of Australia
1.47%
Wesfarmers Ltd
1.15%
Australia & New Zealand Banking Group Ltd
1.08%
CSL Ltd
0.88%
QBE Insurance Group Ltd
0.85%
National Australia Bank Ltd
0.80%
Macquarie Group Ltd
0.76%
Woodside Energy Group Ltd
0.68%
Brambles Ltd
0.67%
Telstra Corporation Ltd
0.64%
Medibank Private Ltd
0.62%
Goodman Group
0.57%
Santos Ltd
0.54%
Scentre Group
0.50%
Aurizon Holdings Ltd
0.50%
Transurban Group
0.49%
Worley Ltd
0.49%
Woolworths Group Ltd
0.46%
BlueScope Steel Ltd
0.46%
JB Hi-Fi Ltd
0.44%
James Hardie Industries PLC
0.42%
Northern Star Resources Ltd
0.42%
Rio Tinto Ltd
0.37%
South32 Ltd
0.33%

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


Manager diversification within each asset class as at 31/3/2024

Breakdown pie chart

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


Portfolio highlights

The Portfolio generated a positive return for the March quarter with strong gains from global shares given continued optimism on the prospects for Artificial Intelligence ‘AI’ and lower interest rates, and Australian shares reaching new record highs.


The best performing fund over the quarter was Arrowstreet Global Equity Fund, outperforming its benchmark in February by 2.7%. The MLC Real Return Fund also outperformed its benchmark over the quarter by 1.5% .


Global shares achieved very strong gains over recent months despite concerns over the conflicts in the Middle East and Ukraine. Wall Street’s benchmark S&P 500 Index delivered an extraordinary 10.4% return in local currency terms for the quarter. US consumer inflation has moderated over the past year which has allowed the US central bank to suggest that lower interest rates are on the agenda for 2024. European shares also delivered strong gains in local currency terms. Chinese shares struggled with the MSCI China index returning-1.7%, in local currency terms. Concerns over China’s economic activity and the financial stress in the property sector remain formidable headwinds. Japan’s Nikkei 225 Index, in local currency terms, delivered an exceptionally strong 21.5% quarterly return with the central bank’s assurance that interest rates would remain low.


Australian shares delivered a very strong quarterly return of 5.4%. There were remarkable gains for the Information Technology (23.6%) sector on ‘AI’ optimism. The Real Estate Investment Trust sector made a strong rebound of 16.2% on hopes that interest rates are set to fall this year. Strong share gains for the financial sector of 12.1% were also made with expectations that interest rates have peaked. Yet there were some disappointments. The resources sector delivered a weak -5.6% return with concerns over the Chinese economy’s growth prospects and the corresponding sharp decline in iron ore prices.


Australia’s economy is displaying significant slowdown signs with weak consumer spending and housing construction. The impact of higher goods and services prices, rising mortgage interest rates and rents continue to squeeze household budgets. However, there are positives with more moderate inflation (February 3.4% annual increase) and strong job gains (February +116,500 extra jobs). Lower inflation is particularly welcome as this could signal lower interest rates in the second half of 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


Powered by data from FE fundinfo