MLC MK TAP - IncomeBuilder
MLC0589AU
MLC MK TAP - IncomeBuilder MLC0589AU Strategy
The fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The fund is expected to generated tax-effective returns by: investing in companies expected to have high franking levels, and carefully managing the realisation of capital gains.
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
Listed Investment Companies monthly performance: July 2025
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).
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,061.20 | 20.50 | -0.23% |
| CAC 40 | 7,887.21 | 32.60 | 0.42% |
| DAX 40 | 23,677.28 | 2.75 | 0.01% |
| Dow JONES (US) | 46,241.40 | 98.98 | 0.21% |
| FTSE 100 | 9,233.75 | 5.64 | 0.06% |
| HKSE | 26,545.10 | 0.25 | 0.00% |
| NASDAQ | 22,569.62 | 98.90 | 0.44% |
| Nikkei 225 | 45,045.81 | 257.62 | -0.57% |
| NZX 50 Index | 13,231.66 | 111.63 | 0.85% |
| S&P 500 | 6,647.30 | 15.34 | 0.23% |
| S&P/ASX 200 | 8,773.50 | 18.70 | -0.21% |
| SSE Composite Index | 3,820.09 | 11.57 | -0.30% |