Double-digit return for MLC MySuper Growth Portfolio members
Members in MLC’s MySuper Growth Portfolio – where the majority of our MySuper members are invested – benefitted from a strong double-digit 11.3% return for the 12-months to 31 December 2024.
Global listed shares were the largest contributor to the Portfolio’s performance over this period, particularly the Portfolio’s exposure to US technology stocks. US shares made strong gains over 2024 and this continued into the last quarter of the calendar year, supported by Donald Trump’s victory in the presidential election.
The 3 and 5-year returns for the MySuper Growth Portfolio also remain robust, delivering 5.75% and 7.12% per annum to 31 December 2024, respectively. This solid longer-term performance places the Portfolio in the top quartile of MySuper funds over both time periods.1
The Portfolio’s returns from its exposure to unlisted and alternative assets, including unlisted infrastructure assets, alternative credit strategies and insurance-related investments continue to contribute to this healthy longer-term performance.
Steve Gamerov, Head of Diversified Portfolios at MLC Asset Management noted, “The double-digit return for the 12-months to 31 December 2024 is a great result for members. And as market dynamics shift, the Portfolio is strategically positioned to capture growth opportunities across global share markets, while insulating against market volatility through a diversified portfolio of high quality unlisted and alternative assets.
As always, we encourage members to stay focused on the long-term journey of super. By building portfolios with a broad mix of investment strategies, we aim to provide our members with the best prospects for achieving robust, long-term growth.”
Members in our ready-made portfolios also enjoyed solid returns for the 12-months ending 31 December 2024, ranging from 6.3% for the MLC Stable option; a strong 14.1% return for the MLC High Growth option; and a return of 18.8% for the MLC Aggressive option. Compare the performance of our different investment options by logging into your account.
Find out about the investment philosophy that guides how we manage your money, our investment process and the managers we use in our portfolios.
1 SuperRatings Fund Crediting Rate Survey SR50 MySuper Index: December 2024.
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. 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 Fee Brochure.
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MLC MySuper
|
Returns (%) | Annualised Returns (% p.a.) | ||||
| 1 month | 3 months | 1 year | 3 years | 5 years | 10 years | |
| MySuper Growth Portfolio^ | -1.3% | 0.5% | 9.5% | 6.8% | 7.6% | 6.6% |
| MySuper Conservative Balanced Portfolio | -0.7% | 0.8% | 7.8% | 5.0% | 5.3% | NA |
| MySuper Cash Portfolio | 0.3% | 1.0% | 4.0% | 3.0% | 1.8% | 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 Fee Brochure.
^ 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 returns 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 June 2019 with the lifecycle investment strategy. The return for periods of 10-years is based on return on the MySuper product over that period which had different investment strategies.
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.
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