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MLC MKUT/MKIS - Horizon 2 Income

MLC0021AU

MLC MKUT/MKIS - Horizon 2 Income MLC0021AU Strategy

The portfolio has a strong bias to defensive assets and some exposure to growth assets. You'll always know where your money is invested because the allocations to these assets are actively managed within defined ranges, in accordance with our changing view of potential risks and opportunities in investment markets. The portfolio is broadly diversified across asset classes and investment managers from around the world. These managers invest in many companies and securities in Australia and overseas.
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

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.
funds

How to tell if a fund or ETF will likely underperform

The funds that have been rated negative by our analysts have characteristics in common
funds

Listed Investment Companies monthly performance: February 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).

Markets

Index
Last price
Change
% Change
All Ordinaries 7,907.90 46.90 0.60%
CAC 40 7,981.51 48.90 0.62%
DAX 40 17,770.02 3.79 0.02%
Dow JONES (US) 37,753.31 45.66 -0.12%
FTSE 100 7,847.99 27.63 0.35%
HKSE 16,469.29 217.45 1.34%
NASDAQ 15,683.37 181.88 -1.15%
Nikkei 225 38,165.16 203.36 0.54%
NZX 50 Index 11,795.99 79.36 -0.67%
S&P 500 5,022.21 29.20 -0.58%
S&P/ASX 200 7,651.20 45.60 0.60%
SSE Composite Index 3,088.33 16.94 0.55%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.03 0.00 -4.29%
Myer Holdings Ltd MYR 0.72 0.01 1.41%
Telstra Group Ltd TLS 3.67 0.01 -0.27%
The Star Entertainment Group Ltd SGR 0.42 0.01 1.81%
Pantoro Ltd PNR 0.08 0.00 3.05%
Renascor Resources Ltd RNU 0.11 0.00 2.38%
Zip Co Ltd ZIP 1.17 0.01 -0.43%
Imugene Ltd IMU 0.08 0.00 0.00%
Evolution Mining Ltd EVN 3.99 0.18 -4.21%
Pilbara Minerals Ltd PLS 3.90 0.06 1.56%