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MLC MultiActive Growth IOF0097AU Strategy

The Trust generally gains its exposure to a diversified portfolio of investments through a mix of investment managers. Due to the Trust’s high growth nature, it predominantly gains exposure to growth assets such as Australian and international property and shares and alternative – growth. It may also have a small exposure to defensive assets such as cash, fixed interest and alternative – defensive.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Morningstar reassess view of Platinum ETF and fund

Changes to the portfolio management team drive a ratings revision.
funds

Listed Investment Companies monthly performance: March 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,960.90 23.00 0.29%
CAC 40 8,105.78 65.42 0.81%
DAX 40 18,137.65 276.85 1.55%
Dow JONES (US) 38,503.69 263.71 0.69%
FTSE 100 8,044.81 20.94 0.26%
HKSE 17,076.19 247.26 1.47%
NASDAQ 15,696.64 245.33 1.59%
Nikkei 225 38,334.56 782.40 2.08%
NZX 50 Index 11,879.78 76.50 0.65%
S&P 500 5,070.55 59.95 1.20%
S&P/ASX 200 7,707.30 23.80 0.31%
SSE Composite Index 3,029.16 7.18 0.24%

Market Movers

Name
Last price
Change
% Change
Base Resources Ltd BSE 0.24 0.02 6.67%
Telstra Group Ltd TLS 3.69 0.01 -0.14%
Zip Co Ltd ZIP 1.20 0.03 -2.05%
Cleanaway Waste Management Ltd CWY 2.67 0.35 -11.46%
Droneshield Ltd DRO 0.85 0.08 -8.87%
Immutep Ltd IMM 0.43 0.04 10.39%
Imugene Ltd IMU 0.08 0.00 -1.76%
Chalice Mining Ltd CHN 1.21 0.08 -6.03%
South32 Ltd S32 3.32 0.00 0.00%
Pilbara Minerals Ltd PLS 3.87 0.06 1.57%