MLC Superannuation Fund

MLC Superannuation Fund   Super GuideThis is a SuperGuide Super Funds Guide profile of MLC Superannuation Fund, including information about investment performance, performance ranking, asset allocation, and fund member analysis.

This SuperGuide Super Funds Guide profile is independent information and is not an advertisement for MLC Superannuation Fund. The data contained in this profile is sourced from the superannuation regulator, the Australian Prudential Regulation Authority.

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Snapshot of MLC Superannuation Fund

  • MLC Superannuation Fund is a Public offer fund and Retail fund (you can find out the 5 types of super funds by clicking here).
  • For the 2013 financial year (1 July 2012 to 30 June 2013), MLC Superannuation Fund delivered a rate of return of 14.1%, which ranked it 77 of the 210 funds that provided investment performance data.
  • In terms of net assets, MLC Superannuation Fund ranks 18 out of 287 funds, with net assets (as at 30 June 2013) of approximately $14599587000.
  • In terms of fund members, MLC Superannuation Fund ranks 50 largest of 271 funds, with 88831 members.
  • MLC Superannuation Fund has 1455 investment options.

Continue reading to find out more about MLC Superannuation Fund.

Note: N/A and * means this information is not available.

How well did MLC Superannuation Fund perform?

In the table below you can discover the investment performance of MLC Superannuation Fund over a 10-year period, a 5-year period, and the specific annual rate of return for each year from 2004 through to 2013.

The table also provides the ranking of MLC Superannuation Fund for each of these timeframes across all super funds. For general information on the top 25 performers over these same 5-year and 10-year periods see SuperGuide article Top 25 performing super funds over long term.

Average annual rate of return over 10 years
2004 – 2013 4.9% Ranked 111 of 153 funds
Average annual rate of return over 5 years
2009 – 2013 2.7% Ranked 133 of 187 funds
Rate of return for one year to 30 June
2013 14.1% Ranked 77 of 210 funds
2012 -0.4% Ranked 119 of 193 funds
2011 5.5% Ranked 158 of 190 funds
2010 8.9% Ranked 81 of 189 funds
2009 -12.5% Ranked 121 of 188 funds
2008 -13.3% Ranked 174 of 185 funds
2007 14.2% Ranked 100 of 181 funds
2006 13.8% Ranked 87 of 175 funds
2005 11.8% Ranked 83 of 156 funds
2004 12.2% Ranked 70 of 152 funds

Where did MLC Superannuation Fund invest its members’ super money?

In the table below you can discover the asset allocation for the default investment option for MLC Superannuation Fund. The table explains what percentage of fund assets are in the 8 different asset categories, and how that allocation compares to the average allocation across all super funds.

Asset class Fund percentage All funds average percentage
Australian equities 0% 25.5%
International equities 0% 17.4%
Listed property 0% 3.3%
Unlisted property 0% 4.3%
Australian Fixed Interest 2.6% 14.3%
International Fixed Interest 0% 4.7%
Cash 97.4% 21.4%
Other 0% 9.1%

MLC Superannuation Fund offers its members 1455 investment options.

Who runs MLC Superannuation Fund?

In the table below, you can find the name of the company that runs MLC Superannuation Fund and other administration details including, whether the super fund is open to the public (public offer) or not open to general public (non-public offer), how the super fund is structured and the super fund’s Australian Business Number.

Fund trustee Nulis Nominees (Australia) Limited
Public offer status Public offer
Benefit structure Accumulation
Fund year-end 41455
Fund ABN 40022701955
Fund wind-up date (if applicable)

MLC Superannuation Fund fund member profile

  • MLC Superannuation Fund has 88831 members, which ranks it at number 50 largest of 289 funds.
  • MLC Superannuation Fund has 32402 pension members, which ranks it at number 10 largest of 153 funds.

In the table below you can discover how many superannuation accounts that MLC Superannuation Fund looks after, the age and gender profile of MLC Superannuation Fund fund membership and how that compares across all super funds.

Number of member accounts Fund percentage Average percentage across all funds
Age below age 35
Females 2118 2.38% 18%
Males 2947 3.32% 21%
Age 35-49
Females 7399 8.33% 15%
Males 9957 11.21% 19%
Age 50-59
Females 7337 8.26% 7%
Males 10846 12.21% 8%
Age 60-65
Females 7649 8.61% 2%
Males 9746 10.97% 3%
Age over 66
Females 14000 15.76% 2%
Males 16832 18.95% 2%

Further information on MLC Superannuation Fund

In the table below you can discover further information about MLC Superannuation Fund, in particular, the annual statements for the year ended 30 June 2012, which includes operating expenses of the fund, taxes, insurance and super contributions for the year.

Net assets at beginning of period ($’000) 13182117 (17 largest of 287 funds)
Net assets at end of period ($’000) 14599587 (18 largest of 287 funds)
Net operating performance after tax ($’000) 1417470
Total assets at end of period ($’000) 14606322
Total liabilities at end of period ($’000) 6735
Employer contributions ($’000) 183619
Personal member contributions ($’000) 477120
Other contributions ($’000) 5934
Total contributions ($’000) 666673
Contributions tax and surcharge ($’000) 14
Inward rollovers ($’000) 1112149
Outward rollovers ($’000) 1019282
Net rollovers ($’000) 92867
Repatriation to employer sponsor ($’000) 0
Lump sum benefit payments ($’000) 680607
Pension benefit payments ($’000) 462036
Total benefit payments ($’000) 1142643
Net contribution flows ($’000) -383103
Total proceeds on insurance policies ($’000) 7481
Net cost of member benefit insurance ($’000) 36064
Insurance policy proceeds – net cost of insurance ($’000) -28583
Interest ($’000) 0
Dividends ($’000) 0
Rent ($’000) 0
Trust Distributions ($’000) 0
Doubtful debts/bad debt expense ($’000) 0
Investment income/dist after doubtful debt expense 0
Other investment income ($’000) 0
Investment income/dist after doubtful debt expense + Other investment income ($’000) 0
Total foreign exchange gains/losses (realised and unrealised) ($’000) 0
Total unrealised gains/losses on investments ($’000) 1707968
Total realised gains/losses on investments ($’000) 191128
Total gains/losses on investments ($’000) 1899096
Total Investment Income ($’000) 1899096
Investment management fees ($’000) 480
Custodian fees ($’000) 0
Property maintenance costs ($’000) 0
Asset consultant fees ($’000) 0
Other investment expenses ($’000) 117
Total investment expenses ($’000) 597
Net investment income ($’000) 1898499
Interest expense ($’000) 0
Management fees ($’000) 66597
Administration fees ($’000) 343
Actuary fees ($’000) 0
Director/trustee fees and expenses ($’000) 0
Total fees paid to audit firm ($’000) 0
Other operating expenses ($’000) 3191
Total operating expenses ($’000) 70131
Other income ($’000) 802
Fees and commissions ($’000) 0
Other income + Fees and commissions ($’000) 802
Reconciling item ($’000) 0
Net earnings ($’000) 1829170
Tax expense on earnings ($’000) 0
Net earnings after tax ($’000) 1829170
Cash flow adjusted net assets ($’000) 12976267

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