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MLC MKBS - MLC Low Cost Growth

MLC0869AU

MLC MKBS - MLC Low Cost Growth MLC0869AU Strategy

The portfolio invests primarily in growth assets with a small exposure to defensive assets. The allocations to these assets are actively managed within defined ranges, in accordance with MLC’s changing view of potential risks and opportunities in investment markets. The portfolio is broadly diversified across mainstream asset classes. It uses mainly passive investment managers for growth assets and active managers for defensive assets. 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

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Listed Investment Companies monthly performance: April 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).
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KiwiSaver Survey - March Quarter 2024

KiwiSaver assets increased, owing significantly to market movements, ending the quarter at NZD 108.6 billion, up around NZD 4 billion for the quarter.

Markets

Index
Last price
Change
% Change
All Ordinaries 8,012.90 69.30 0.87%
CAC 40 7,571.57 68.30 0.91%
DAX 40 18,068.21 66.19 0.37%
Dow JONES (US) 38,778.10 188.94 0.49%
FTSE 100 8,142.15 4.71 -0.06%
HKSE 17,903.06 33.06 -0.18%
NASDAQ 17,857.02 168.14 0.95%
Nikkei 225 38,426.31 323.87 0.85%
NZX 50 Index 11,752.98 54.47 0.47%
S&P 500 5,473.23 41.63 0.77%
S&P/ASX 200 7,775.00 74.70 0.97%
SSE Composite Index 3,026.61 10.72 0.36%

Market Movers

Name
Last price
Change
% Change
Fortescue Ltd FMG 21.84 1.14 -4.96%
Melbana Energy Ltd MAY 0.04 0.02 -33.33%
Core Lithium Ltd CXO 0.09 0.00 2.30%
Pilbara Minerals Ltd PLS 3.26 0.12 3.82%
Imugene Ltd IMU 0.06 0.00 -3.45%
Telstra Group Ltd TLS 3.60 0.05 1.27%
Beach Energy Ltd BPT 1.53 0.03 -2.08%
Sayona Mining Ltd SYA 0.04 0.00 0.00%
Red 5 Ltd RED 0.45 0.00 -0.55%
Zip Co Ltd ZIP 1.48 0.08 5.34%