MLC MultiActive Conservative
Features
Information
Investment minimums
Pricing
Standard risk measure
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |
|---|---|---|---|---|---|---|---|
| Standard Risk Measure |
A Standard Risk Measure score of 2 equates to a Risk Label of 'Low' and an estimated number of negative annual returns over any 20 year period of 0.5 to less than 1. 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 over the medium term by investing in a diversified portfolio of defensive assets with some growth asset exposure, and to achieve a total return after fees in excess of the Trust’s benchmark over a rolling three-year period.
Investment strategy
The Trust generally gains its exposure to a diversified portfolio of investments through a mix of investment managers.
The conservative nature of the Trust means it has a greater exposure to income-bearing assets such as cash, fixed interest and alternative – defensive with some exposure to growth assets such as Australian and international property and shares and alternative – growth.
The Trust is authorised to utilise approved derivative instruments for risk management purposes subject to the specific restriction that the derivative instruments cannot be used to gear portfolio exposure.
The underlying investment managers may utilise strategies for the management of currency exposure. The level of currency hedging used for the Trust will vary from time to time. The Trust has the capacity to apply a currency overlay to manage the Trust’s currency risk.
Investor profile
The Trust may be suitable for investors:
- with an investment time frame of approximately three years
- with a low to medium level of risk tolerance
- who are seeking a diversified portfolio of predominantly income-producing assets with some growth asset exposure
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 | 0.40% | 1.08% | 0.40% | 4.47% | 4.51% | 4.93% | |
| FE Sector | 0.34% | 0.80% | 0.34% | 4.12% | 3.39% | 4.36% | |
| Benchmark | 0.48% | 1.09% | 0.48% | 4.63% | 3.38% | 3.81% |
Calendar Performance
| 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | ||
|---|---|---|---|---|---|---|
| Fund | 6.73% | 7.44% | -3.05% | 5.92% | 4.52% | |
| FE Sector | 6.68% | 7.26% | -6.80% | 5.75% | 2.90% | |
| Benchmark | 6.50% | 7.24% | -7.04% | 4.93% | 3.75% |
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
| Australian shares | 8.42% | |
| Global Shares | 9.95% | |
| Australian property | 2.18% | |
| Global property | 2.63% | |
| Infrastructure | 3.50% | |
| Australian fixed interest | 27.45% | |
| Global fixed interest | 30.89% | |
| Cash and short-term securities | 10.64% | |
| Alternative - growth | 4.34% |
Asset allocation range
| Asset class | Asset range |
|---|---|
| Australian shares | 0-25% |
| Global shares | 0-25% |
| Diversified fixed interest | 30-70% |
| Property | 0-20% |
| Alternatives | 0-15% |
| Infrastructure | 0-15% |
| Cash and short-term securities | 0-30% |
Actual versus target asset allocation as at 31/3/2025
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 - Australian shares as at 31/3/2025
| BHP Group Ltd | 0.58% |
| Commonwealth Bank of Australia | 0.45% |
| CSL Limited | 0.44% |
| National Australia Bank Limited | 0.26% |
| ANZ Group Holdings Limited | 0.25% |
| Macquarie Group, Ltd. | 0.23% |
| Telstra Group Limited | 0.18% |
| Westpac Banking Corporation | 0.18% |
| Goodman Group | 0.16% |
| Aristocrat Leisure Limited | 0.15% |
Top holdings - International shares as at 31/3/2025
| Microsoft Corporation | 0.38% |
| Apple Inc. | 0.27% |
| Amazon.com, Inc. | 0.18% |
| Welltower Inc. | 0.18% |
| NVIDIA Corporation | 0.18% |
| Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR | 0.17% |
| Netflix, Inc. | 0.13% |
| Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh | 0.13% |
| Visa Inc. Class A | 0.13% |
| Linde plc | 0.12% |
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
There were no manager changes during the quarter.
Contributors to performance
The diversified fixed interest portfolio added value due to outperformance of Janus Henderson, PGIM and Brandywine.
The international shares portolio outperformed due to outperformance of Pzena, Arrowstreet, Royal London and Brown.
The Alternative Growth portfolio produced positive returns in a difficult environment for growth assets such as equities.
Detractors from performance
The Australian shares portfolio underprformed due to poor performance from Antares, Quest, Selector and a general overweight to small caps.
The unlisted property portfolio underperformed during the quarter due to a write-down.
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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