MLC MultiActive Diversified Fixed Income
Features
Information
Investment minimums
Pricing
Standard risk measure
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |
|---|---|---|---|---|---|---|---|
| Standard Risk Measure |
A Standard Risk Measure score of 4 equates to a Risk Label of 'Medium' and an estimated number of negative annual returns over any 20 year period of 2 to less than 3. This is a measure of expected frequency (not magnitude) of capital losses, calculated in accordance with ASFA/FSC guidelines.
Investment objective
To provide a low to medium risk, income-producing investment over the medium term by investing in a diversified portfolio of fixed interest investments, 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 investment exposure by investing in a well-diversified portfolio of Australian and international fixed interest managers.
The underlying fixed interest investments include a range of international and domestic government bonds, corporate debt and asset backed securities.
The Trust can also invest in cash, although the cash exposure cannot exceed 25% 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 investment managers may utilise strategies for managing currency exposure. The Trust’s overall international fixed interest exposure is generally hedged. 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 predominantly seeking incomegenerated returns through a well-diversified fixed interest portfolio
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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Cumulative performance
| 3 months | 6 months | Year to date | 1 year | 3 years pa | 5 years pa | ||
|---|---|---|---|---|---|---|---|
| Fund | 1.44% | 1.60% | 1.58% | 5.32% | 1.02% | 0.73% | |
| FE Sector | 1.22% | 1.64% | 1.43% | 4.99% | 0.71% | 0.05% | |
| Benchmark | 1.17% | 1.30% | 1.35% | 4.60% | -0.03% | -0.65% |
Calendar Performance
| 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | ||
|---|---|---|---|---|---|---|
| Fund | 3.46% | 6.12% | -10.08% | -1.34% | 7.67% | |
| FE Sector | 3.14% | 5.27% | -9.32% | -1.71% | 4.47% | |
| Benchmark | 2.59% | 5.19% | -10.99% | -2.18% | 4.79% |
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 28/2/2025
| Australian fixed interest | 50.08% | |
| Global fixed interest | 49.22% | |
| Cash and short-term securities | 0.70% |
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 2024
The December quarter saw bond yields globally move higher as the market continued to price out rate cuts in 2025. In the US, stronger than expected economic data, coupled with Trump’s “red-sweep” victory in November led the push to rates moving higher. Overall the trust outperformed over the quarter. There were no manager changes over the quarter.
Contributors to performance
Managers Western Asset Management and Ardea in the domestic space and PGIM in the global space all had very strong alpha generating quarters.
Detractors from performance
Manager Brandywine was a detractor from performance.
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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