Morningstar Fund Report
MLC MK TAP - Horizon 1 Bond
Fund Report | Report generated 23 Apr 2021 | 
Performance
31 Mar 2021
Growth of $10,000
Fund: MLC MK TAP - Horizon 1 Bond
Index: Bloomberg AusBond Bank 0+Y TR AUD
Category: Australian Short Term Fixed Interest
Financial Year Total Returns
| Jun-18 | Jun-19 | Jun-20 | Mar-21 | |
|---|---|---|---|---|
| Fund | 0.59 | 1.40 | -0.34 | 0.49 |
| +/- Cat | -0.04 | 0.06 | -0.68 | 0.28 |
| +/- Index | -1.20 | -0.57 | -1.19 | 0.44 |
Trailing Total Returns
as at 31 Mar 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | -0.03 | -0.05 | -0.04 | 7 / 8 |
| 3 Month | -0.42 | -0.37 | -0.42 | 8 / 8 |
| 1 Year | 2.39 | 1.72 | 2.28 | 2 / 8 |
| 3 Year | 0.51 | -0.19 | -0.61 | 6 / 8 |
| 5 Year | 0.84 | 0.17 | -0.57 | 3 / 8 |
Risk Analysis
as at 31 Mar 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 1.72 | 0.65 | 0.24 |
| Sharpe Ratio | -0.29 | -1 | 1.81 |
| R-Squared | 10.03 | 5.59 | -- |
| Beta | -11.43 | -3.07 | -- |
| Alpha | 0.5 | 0.04 | -- |
Fund Details
| Fund Inception | 01 Oct 2004 |
| Responsible Entity | NULIS Nominees (Australia) Limited |
| Fund Manager | MLC Investments Limited |
| Base Currency | $A |
| Net Assets $Mil (as at 31 Mar 2021) |
0.85 |
| Minimum Investment $ | 20,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | -- |
Current Investment Style
as at 31 Dec 2020
Style Box is unavailable.
Asset Allocation
% as at 31 Mar 2021
| Domestic Equity | 0.000 |
| International Equity | 0.234 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 44.358 |
| International Fixed Interest | 44.421 |
| Cash | 9.820 |
| Other | 1.167 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 21 Apr 2021
| APIR Code | MLC0615AU |
| Legal Type | Term Allocated Pension |
| Status | Open |
| Category | Australian Short Term Fixed Interest |
| Entry Price $ | 16.0809 |
| Exit Price $ | 16.0328 |
| Exit Price 1 Week Change $ |
0.0045 |
Morningstar Ratings
| Overall |
|
| 3 Year | |
| 5 Year | |
| 10 Year |
Fees & Expenses
One-Time
| Entry Fee/Contribution Fee | 5.00% |
| Exit Fee/Withdrawal Fee | 0.00% |
| Buy/Sell Spread | 0.0000 |
Annual
| ICR pa (30 Jun 2020) | 1.7400 |
| Max Management Fee pa |
0.57% |
| Max Admin Fee pa |
0.32% |
| Performance Fee pa (30 Jun 2020) |
0.00% |
| Max Brokerage | -- |