The MySuper Growth Portfolio—where the majority of members are invested—delivered a positive 9.4%* return for the 12 months to 30 September 2023.
Furthermore, the MySuper Growth Portfolio has returned an average of 7.9%* per annum for the three years to 30 September 2023.
The key growth drivers over the year were our investments in global shares unhedged to the Australian dollar (20.3%), global shares hedged to the Australian dollar (19.4%) and Australian shares (12.9%). Our unlisted infrastructure strategy and credit exposures also contributed to the strong performance.
Well-considered, diverse asset portfolios across the many geographies in which we invest, are maximising opportunity to achieve consistently strong long-term returns for members.
Steve Gamerov - Head of Diversified Portfolios at MLC Asset Management, says the results are testament to the well-considered investment options chosen on behalf of the members.
“There is rarely return without risk, but not all risks are equal. Part of our role is to make intelligent risks that provide the best chance of delivering the outcomes our members expect and deserve.
“Our willingness to embrace change and new ways of thinking has helped us adapt to great change in the market, as well as in the wider world.
“Recognising that what has been effective in the past may not be so in the future, helps us to always be alert to new growth opportunities for our members.”
Performance Disclaimer:
Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market.
* Returns are net of investment fees and tax considerations and do not include administration fees and costs. For details of relevant fees and costs, refer to the PDS and Investment Menu.
Login to see the investment options and performance returns for your plan.
Returns to 31 October 2023
|
Returns (%) | Annualised Returns (% p.a.) | |||
1 month | 3 months | 1 year | 5 years | 10 years | |
MLC MySuper |
|||||
MySuper Growth Portfolio^ | -1.5% | -2.9% | 4.6% | 6.3% | NA |
MySuper Conservative Balanced Portfolio | -1.1% | -2.1% | 3.5% | NA | NA |
MySuper Cash Portfolio | 0.3% | 1.0% | 3.6% | NA | NA |
Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market. The performance returns in this communication are reported after deducting investment fees and tax but are before deducting administration fees and costs. Performance returns are annualised for periods greater than one year. For details of relevant fees and costs, refer to the PDS and Investment Menu.
^ MLC MySuper uses a combination of the three investment portfolios (MySuper Growth Portfolio, MySuper Conservative Balanced Portfolio, MySuper Cash Portfolio), to provide a mix of growth and defensive assets which changes depending on your age. When you’re under age 55 you’ll be 100% invested in the MySuper Growth Portfolio. The MLC MySuper investment strategy changed from a single diversified to a lifecycle strategy on 22 March 2019. The returns for the MySuper Growth Portfolio for the period before 2019 are based on the previous single diversified investment strategy. The return for 2019 is based on the return achieved from 1 July 2018 to 22 March 2019 with the single diversified strategy, and the return achieved from 23 March 2019 to 30 September 2023 is based on the lifecycle investment strategy. The return for 5-years is based on return of MLC MySuper over that period which had different investment strategies. All returns are net of investment fees and tax considerations and do not include administration fees and costs. For details of relevant fees and costs, refer to the PDS and Investment Menu.
Important information
This information is provided on behalf of MLC Investments Limited ABN 30 002 641 661 AFSL 230705)("MLCI") as responsible entity of a series of MLC managed investment schemes and NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 (NULIS) as Trustee of the MLC Super Fund ABN 70 732 426 024. MLCI and NULIS are part of the Insignia Financial Group of Companies, comprising Insignia Financial Ltd ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group).
The information in this communication is general in nature and does not take into account your objectives, financial situation or needs. Because of that, before acting on this information, you should consider its appropriateness, having regard to your objectives, financial situation and needs, plus consider the relevant Product Disclosure Statement (PDS). You can obtain a copy of the PDS (or other disclosure documents) and the Target Market Determination by searching the applicable product at plum.com.au or by calling us on 1300 55 7586. We recommend you obtain financial advice tailored to your own personal circumstances. Subject to super law, the final authority on any issue relating to your account is the Fund’s Trust Deed, and any applicable participation agreement and insurance policy, which govern your rights and obligations as a member. You can find more information on the MLC Super Fund, the Trustee and executive remuneration, and other Fund documents at mlc.com.au/yoursuperfund.
Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market.
Any opinions expressed in this presentation constitute our judgement at the time of issue and are subject to change. MLCI and NULIS believe that the information contained in this communication is correct and that any estimates, opinions, conclusions or recommendations are reasonably held or made at the time of compilation. However, no warranty is made as to their accuracy or reliability (which may change without notice) or other information contained in this presentation. Any projection or forward looking statement ('Projection') in this communication is provided for information purposes only. No representation is made as to the accuracy or reasonableness of any such Projection or that it will be met. Actual events may vary materially.