MLC Masterkey Super Fundamentals is a retail super fund owned by Insignia Financial.
As of the 31st of March 2024 they had approximately 207,130 members and $31.72 billion in assets under management across all their Masterkey super and pension funds.
Please Note: Any advice on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether this is right for you. See full disclaimer.
Past performance is not a reliable indicator of future performance.
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC Aggressive | 10.46% | 15.38% | 12.21% |
| Median | 10.4% | 12.1% | 9.1% |
| MLC MK Super Fundamentals - MLC Aggressive VS Median | 0.06% | 3.28% | 3.11% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC Aggressive | 78 | 1.6% | $878 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 50% | |
| 2 | International Shares | 67% | |
| 3 | Alternative | 10% | |
| 4 | Property | 3% | |
| 5 | Other | -30% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MyNorth Select - North Professional High Growth | - | - | - |
| Median | - | - | - |
| MyNorth Select - North Professional High Growth VS Median | - | - | - |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MyNorth Select - North Professional High Growth | 360 | 1.48% | $1100 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 41% | |
| 2 | International Shares | 49% | |
| 3 | Fixed Interest | 1% | |
| 4 | Alternative | 3% | |
| 5 | Property | 3% | |
| 6 | Cash | 3% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC High Growth | 10.5% | 12.23% | 10.11% |
| Median | 10.4% | 12.1% | 9.1% |
| MLC MK Super Fundamentals - MLC High Growth VS Median | 0.1% | 0.13% | 1.01% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC High Growth | 78 | 1.29% | $723 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 36% | |
| 2 | International Shares | 42% | |
| 3 | Alternative | 15% | |
| 4 | Property | 5% | |
| 5 | Cash | 2% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC Growth | 9.93% | 11.09% | 8.86% |
| Median | 10.4% | 12.1% | 9.1% |
| MLC MK Super Fundamentals - MLC Growth VS Median | -0.47% | -1.01% | -0.24% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC Growth | 78 | 1.34% | $748 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 32% | |
| 2 | International Shares | 36% | |
| 3 | Fixed Interest | 3% | |
| 4 | Alternative | 20% | |
| 5 | Property | 6% | |
| 6 | Cash | 3% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC Balanced | 9.57% | 9.99% | 7.65% |
| Median | 9.3% | 10.3% | 7.7% |
| MLC MK Super Fundamentals - MLC Balanced VS Median | 0.27% | -0.31% | -0.05% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC Balanced | 78 | 1.33% | $743 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 25% | |
| 2 | International Shares | 32% | |
| 3 | Fixed Interest | 7% | |
| 4 | Alternative | 24% | |
| 5 | Property | 6% | |
| 6 | Cash | 6% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MyNorth Select - North Professional Balanced | - | - | - |
| Median | - | - | - |
| MyNorth Select - North Professional Balanced VS Median | - | - | - |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MyNorth Select - North Professional Balanced | 360 | 1.32% | $1020 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 28% | |
| 2 | International Shares | 34% | |
| 3 | Fixed Interest | 22% | |
| 4 | Alternative | 4% | |
| 5 | Property | 4% | |
| 6 | Cash | 8% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MyNorth Select - North Professional Moderately Conservative | - | - | - |
| Median | - | - | - |
| MyNorth Select - North Professional Moderately Conservative VS Median | - | - | - |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MyNorth Select - North Professional Moderately Conservative | 360 | 1.22% | $970 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 20% | |
| 2 | International Shares | 25% | |
| 3 | Fixed Interest | 34% | |
| 4 | Alternative | 5% | |
| 5 | Property | 4% | |
| 6 | Cash | 12% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MyNorth Select - North Professional Growth | - | - | - |
| Median | - | - | - |
| MyNorth Select - North Professional Growth VS Median | - | - | - |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MyNorth Select - North Professional Growth | 360 | 1.45% | $1085 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 35% | |
| 2 | International Shares | 42% | |
| 3 | Fixed Interest | 11% | |
| 4 | Alternative | 4% | |
| 5 | Property | 4% | |
| 6 | Cash | 4% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MyNorth Select - North Professional Conservative | - | - | - |
| Median | - | - | - |
| MyNorth Select - North Professional Conservative VS Median | - | - | - |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MyNorth Select - North Professional Conservative | 360 | 1.09% | $905 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 11% | |
| 2 | International Shares | 16% | |
| 3 | Fixed Interest | 46% | |
| 4 | Alternative | 4% | |
| 5 | Property | 3% | |
| 6 | Cash | 20% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC Socially Responsible Growth | 12.12% | - | - |
| Median | 10.4% | - | - |
| MLC MK Super Fundamentals - MLC Socially Responsible Growth VS Median | 1.72% | - | - |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| MLC MK Super Fundamentals - MLC Socially Responsible Growth | 78 | 1.02% | $588 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 30% | |
| 2 | International Shares | 48% | |
| 3 | Fixed Interest | 5% | |
| 4 | Alternative | 14% | |
| 5 | Cash | 3% |
This fund offers death and TPD insurance cover to their members.
Whilst most members are offered default Death and Total and permanent Disablement Cover, they can also apply for Income Protection Cover.
Additional cover is available with the following limits:
Death – No maximum
TPD – $5 million
Income protection – up to $30,000 per month.
Insurance is provided by MLC Limited.
Read their PDS and TMD for further details.
MLC MasterKey Super Fundamentals’s offering is characterized by having a wide array of investment choice, making it easy for sophisticated investors and financial advisers to construct bespoke portfolios that cannot be done through most other funds.
MLC may be a good option for individuals with a large super balance and that either want flexibility themselves or have the assistance of a financial adviser.
However, there are many factors which determine whether a super fund is good or bad and it can differ depending on personal requirements. We recommend you seek advice from a qualified adviser in order to work out which is the best super fund for you.
Yes, it is an APRA fund.
3.3 out of 5 stars from 9 customer reviews on Australia’s best superannuation review site Review My Super.
See more Super Fund Reviews to compare ratings and reviews across funds.
