MLC

MLC Wrap Pension

Past 5-year return
-
Admin fee

$0

Calc fees on 50k

$800

SuperRatings awards
Past 5-year return
-
Admin fee

$0

Calc fees on 50k

$800

SuperRatings awards

Pros and Cons

Pros and Cons

  • No information was provided by the fund to SuperRatings. For available information refer to the fund's PDS.

Summary

MLC Wrap Super is part of the MLC Superannuation Fund and is a full-service wrap platform. Established in 2011, MLC Wrap Super is only available through a licensed financial adviser or authorised representative. This product is closed to new members. Members have access to an extensive investment choice menu, including over 300 managed investments, ASX listed investments, a variety of term deposits and a Separately Managed Account (SMA) providing access to a range of direct share portfolios. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices. Fees are higher than the industry average across all account balances assessed; however, a reduced administration fee applies to account balances over $100,000. The fund does not charge an investment switching fee, although a buy/sell spread may apply. MLC Wrap Super offers an excellent level of flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies. Members with more than one investment option can nominate the proportion of each specified option from which payments are to be drawn. Beneficiary options are comprehensive, including binding and non-binding death benefit nominations, as well as reversionary pensions and child pensions. Members and their adviser can track investments and access comprehensive reports online, while online trading is also available to advisers. Additionally, members have access to an automatic re-weighting facility which allows for eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.

Features and Fees

MLC Fees and Features

    Pros and Cons

    • No information was provided by the fund to SuperRatings. For available information refer to the fund's PDS.

    MLC Wrap Super is part of the MLC Superannuation Fund and is a full-service wrap platform. Established in 2011, MLC Wrap Super is only available through a licensed financial adviser or authorised representative. This product is closed to new members. Members have access to an extensive investment choice menu, including over 300 managed investments, ASX listed investments, a variety of term deposits and a Separately Managed Account (SMA) providing access to a range of direct share portfolios. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices. Fees are higher than the industry average across all account balances assessed; however, a reduced administration fee applies to account balances over $100,000. The fund does not charge an investment switching fee, although a buy/sell spread may apply. MLC Wrap Super offers an excellent level of flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies. Members with more than one investment option can nominate the proportion of each specified option from which payments are to be drawn. Beneficiary options are comprehensive, including binding and non-binding death benefit nominations, as well as reversionary pensions and child pensions. Members and their adviser can track investments and access comprehensive reports online, while online trading is also available to advisers. Additionally, members have access to an automatic re-weighting facility which allows for eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.

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    MLC Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
      OTHER
      Investment option performance
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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