This is a SuperGuide profile of MLC, including fund performance, value of assets under management, contact details, and administration details (such as ABN and USI).
This profile is factual information and is not an advertisement or recommendation for MLC. View other super fund guides.
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MLC overview
MLC is a Public offer Retail fund.
MLC ranks 10 in terms of total member benefits, which are valued at approximately $86.11 billion.
In terms of members, MLC ranks 9, with 808,190 members. In the 2025 financial year, the number of MLC members changed by -5%, which places them at 58 of 95 funds in terms of growth.
MLC ABN
The MLC ABN number is 70732426024.
MLC has the following USI numbers
| MLC MasterKey Business Super (including MLC MasterKey Personal Super) | 70732426024100 |
| MLC MasterKey Pension Fundamentals | 70732426024102 |
| MLC MasterKey Super Fundamentals | 70732426024101 |
| MLC MasterKey Superannuation | 70732426024103 |
| MLC MasterKey Term Allocated Pension | 70732426024199 |
| Plum Super | 70732426024150 |
| Plum Super (BHP Billiton Superannuation Fund) | 70732426024153 |
| Plum Super (National Australia Bank Group Superannuation Fund A) | 70732426024151 |
MLC super investment options
MLC MasterKey Business Super (including MLC MasterKey Personal Super)
| Strategy type | Lifecycle |
Growth assets
At age 55
| Percentage of growth assets | 79% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.76% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$583.00 (1.17%)
|
$397 (0.794%)
|
| $500,000 |
$5,128.00 (1.03%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 9.37% (to 30 June 2026) |
| Return target | CPI plus 3.50% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
Under 55 years
| Percentage of growth assets | 79% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.22% | $2,500 | – | 0.76% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$593.00 (1.19%)
|
$397 (0.794%)
|
| $500,000 |
$5,228.00 (1.05%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 9.42% (to 30 June 2026) |
| Return target | CPI plus 3.50% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 56
| Percentage of growth assets | 78% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.76% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$583.00 (1.17%)
|
$397 (0.794%)
|
| $500,000 |
$5,128.00 (1.03%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 9.31% (to 30 June 2026) |
| Return target | CPI plus 3.40% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 57
| Percentage of growth assets | 77% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.76% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$583.00 (1.17%)
|
$397 (0.794%)
|
| $500,000 |
$5,128.00 (1.03%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 9.24% (to 30 June 2026) |
| Return target | CPI plus 3.40% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 58
| Percentage of growth assets | 77% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.76% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$583.00 (1.17%)
|
$397 (0.794%)
|
| $500,000 |
$5,128.00 (1.03%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 9.18% (to 30 June 2026) |
| Return target | CPI plus 3.30% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 59
| Percentage of growth assets | 76% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.76% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$583.00 (1.17%)
|
$397 (0.794%)
|
| $500,000 |
$5,128.00 (1.03%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 9.11% (to 30 June 2026) |
| Return target | CPI plus 3.30% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 60
| Percentage of growth assets | 75% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.76% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$583.00 (1.17%)
|
$397 (0.794%)
|
| $500,000 |
$5,128.00 (1.03%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 9.05% (to 30 June 2026) |
| Return target | CPI plus 3.30% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 61
| Percentage of growth assets | 74% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.75% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$578.00 (1.16%)
|
$397 (0.794%)
|
| $500,000 |
$5,078.00 (1.02%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 8.98% (to 30 June 2026) |
| Return target | CPI plus 3.30% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 62
| Percentage of growth assets | 74% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.75% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$578.00 (1.16%)
|
$397 (0.794%)
|
| $500,000 |
$5,078.00 (1.02%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 8.88% (to 30 June 2026) |
| Return target | CPI plus 3.20% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 63
| Percentage of growth assets | 72% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.74% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$573.00 (1.15%)
|
$397 (0.794%)
|
| $500,000 |
$5,028.00 (1.01%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 8.71% (to 30 June 2026) |
| Return target | CPI plus 3.20% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 64
| Percentage of growth assets | 70% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.73% | 0.05% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$568.00 (1.14%)
|
$397 (0.794%)
|
| $500,000 |
$4,978.00 (1%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 8.54% (to 30 June 2026) |
| Return target | CPI plus 3.10% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
At age 65 and over
| Percentage of growth assets | 67% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.73% | 0.04% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$563.00 (1.13%)
|
$397 (0.794%)
|
| $500,000 |
$4,928.00 (0.99%)
|
$3,455 (0.691%)
|
Performance
| Return over 10 years | 8.44% (to 30 June 2026) |
| Return target | CPI plus 3.00% |
| Level of investment risk | High |
| Expected negative periods in 20 years | Between 4 and 6 |
MLC MasterKey Super Fundamentals
| Strategy type | Single strategy |
Growth assets
MySuper Growth Portfolio
| Percentage of growth assets | 85% |
| Investment category | High growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.01% | 0.00% |
| Balance | Total fees | Median total fees for High growth options |
|---|---|---|
| $50,000 |
$183.00 (0.37%)
|
$397 (0.794%)
|
| $500,000 |
$1,128.00 (0.23%)
|
$3,455 (0.691%)
|
MySuper Cash Portfolio
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.00% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$178.00 (0.36%)
|
$397 (0.794%)
|
| $500,000 |
$1,078.00 (0.22%)
|
$3,455 (0.691%)
|
MySuper Conservative Balanced
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.01% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$183.00 (0.37%)
|
$397 (0.794%)
|
| $500,000 |
$1,128.00 (0.23%)
|
$3,455 (0.691%)
|
Other multi-sector super investment options
MLC MasterKey Business Super (including MLC MasterKey Personal Super)
Growth assets
MLC MultiActive Geared
| Percentage of growth assets | 100% |
| Investment category | All growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.25% | $2,500 | – | 0.55% | 0.07% |
| Balance | Total fees | Median total fees for All growth options |
|---|---|---|
| $50,000 |
$513.00 (1.03%)
|
$397 (0.794%)
|
| $500,000 |
$4,428.00 (0.89%)
|
$3,455 (0.691%)
|
MLC MultiActive High Growth
| Percentage of growth assets | 97% |
| Investment category | All growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.25% | – | – | 0.55% | 0.07% |
| Balance | Total fees | Median total fees for All growth options |
|---|---|---|
| $50,000 |
$513.00 (1.03%)
|
$397 (0.794%)
|
| $500,000 |
$4,428.00 (0.89%)
|
$3,455 (0.691%)
|
MLC MultiActive Growth
| Percentage of growth assets | 88% |
| Investment category | High growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 1.04% | 0.04% |
| Balance | Total fees | Median total fees for High growth options |
|---|---|---|
| $50,000 |
$718.00 (1.44%)
|
$397 (0.794%)
|
| $500,000 |
$6,478.00 (1.3%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
MLC MultiActive Balanced
| Percentage of growth assets | 73% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 1.02% | 0.04% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$708.00 (1.42%)
|
$397 (0.794%)
|
| $500,000 |
$6,378.00 (1.28%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 1 | 3 | 3 | 4 | 3 | 3 | 3 | 3 |
MLC MultiActive Moderate
| Percentage of growth assets | 53% |
| Investment category | Balanced |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.25% | – | – | 0.55% | 0.07% |
| Balance | Total fees | Median total fees for Balanced options |
|---|---|---|
| $50,000 |
$513.00 (1.03%)
|
$397 (0.794%)
|
| $500,000 |
$4,428.00 (0.89%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 1 | 3 | 3 | 3 | 3 | 2 | 3 | 4 |
MLC MultiActive Conservative
| Percentage of growth assets | 33% |
| Investment category | Conservative |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.25% | – | – | 0.55% | 0.07% |
| Balance | Total fees | Median total fees for Conservative options |
|---|---|---|
| $50,000 |
$513.00 (1.03%)
|
$397 (0.794%)
|
| $500,000 |
$4,428.00 (0.89%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 1 | 2 | 2 | 3 | 2 | 2 | 2 | 3 |
MLC MasterKey Super Fundamentals
Growth assets
MLC Aggressive
| Percentage of growth assets | 128% |
| Investment category | All growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 1.20% | 0.06% |
| Balance | Total fees | Median total fees for All growth options |
|---|---|---|
| $50,000 |
$808.00 (1.62%)
|
$397 (0.794%)
|
| $500,000 |
$7,378.00 (1.48%)
|
$3,455 (0.691%)
|
MLC High Growth
| Percentage of growth assets | 92% |
| Investment category | High growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 1.04% | 0.04% |
| Balance | Total fees | Median total fees for High growth options |
|---|---|---|
| $50,000 |
$718.00 (1.44%)
|
$397 (0.794%)
|
| $500,000 |
$6,478.00 (1.3%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 1 | 3 | 3 | 2 | 2 | 2 | 1 | 1 |
MLC Socially Responsible Growth
| Percentage of growth assets | 85% |
| Investment category | High growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.70% | 0.03% |
| Balance | Total fees | Median total fees for High growth options |
|---|---|---|
| $50,000 |
$543.00 (1.09%)
|
$397 (0.794%)
|
| $500,000 |
$4,728.00 (0.95%)
|
$3,455 (0.691%)
|
MLC Growth
| Percentage of growth assets | 84% |
| Investment category | High growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.25% | – | – | 0.55% | 0.07% |
| Balance | Total fees | Median total fees for High growth options |
|---|---|---|
| $50,000 |
$513.00 (1.03%)
|
$397 (0.794%)
|
| $500,000 |
$4,428.00 (0.89%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
MLC Balanced
| Percentage of growth assets | 76% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.29% | 0.00% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$323.00 (0.65%)
|
$397 (0.794%)
|
| $500,000 |
$2,528.00 (0.51%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
MLC Conservative Balanced
| Percentage of growth assets | 59% |
| Investment category | Balanced |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.80% | 0.02% |
| Balance | Total fees | Median total fees for Balanced options |
|---|---|---|
| $50,000 |
$588.00 (1.18%)
|
$397 (0.794%)
|
| $500,000 |
$5,178.00 (1.04%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
MLC Stable
| Percentage of growth assets | 40% |
| Investment category | Conservative |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.62% | 0.00% |
| Balance | Total fees | Median total fees for Conservative options |
|---|---|---|
| $50,000 |
$488.00 (0.98%)
|
$397 (0.794%)
|
| $500,000 |
$4,178.00 (0.84%)
|
$3,455 (0.691%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
Ausbil Australian Emerging Leaders Fund
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.95% | 0.11% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$708.00 (1.42%)
|
$397 (0.794%)
|
| $500,000 |
$6,378.00 (1.28%)
|
$3,455 (0.691%)
|
Schroder Wholesale Australian Equity Fund
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.77% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$563.00 (1.13%)
|
$397 (0.794%)
|
| $500,000 |
$4,928.00 (0.99%)
|
$3,455 (0.691%)
|
Other single sector super investment options
Fairview Equity Partners Emerging Companies Fund
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 2.05% | 0.17% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$1,288.00 (2.58%)
|
$397 (0.794%)
|
| $500,000 |
$12,178.00 (2.44%)
|
$3,455 (0.691%)
|
MLC Australian Fixed Interest Index
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.25% | 0.04% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$323.00 (0.65%)
|
$397 (0.794%)
|
| $500,000 |
$2,528.00 (0.51%)
|
$3,455 (0.691%)
|
MLC Australian Property Index
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.25% | 0.01% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$308.00 (0.62%)
|
$397 (0.794%)
|
| $500,000 |
$2,378.00 (0.48%)
|
$3,455 (0.691%)
|
MLC Australian Shares
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.64% | 0.05% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$523.00 (1.05%)
|
$397 (0.794%)
|
| $500,000 |
$4,528.00 (0.91%)
|
$3,455 (0.691%)
|
MLC Australian Shares Index
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.22% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$288.00 (0.58%)
|
$397 (0.794%)
|
| $500,000 |
$2,178.00 (0.44%)
|
$3,455 (0.691%)
|
MLC Cash
| Investment category | Conservative |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.13% | 0.00% |
| Balance | Total fees | Median total fees for Conservative options |
|---|---|---|
| $50,000 |
$243.00 (0.49%)
|
$397 (0.794%)
|
| $500,000 |
$1,728.00 (0.35%)
|
$3,455 (0.691%)
|
MLC Fixed Interest
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.50% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$428.00 (0.86%)
|
$397 (0.794%)
|
| $500,000 |
$3,578.00 (0.72%)
|
$3,455 (0.691%)
|
MLC IncomeBuilder
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.72% | 0.02% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$548.00 (1.1%)
|
$397 (0.794%)
|
| $500,000 |
$4,778.00 (0.96%)
|
$3,455 (0.691%)
|
MLC International Shares
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.80% | 0.05% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$603.00 (1.21%)
|
$397 (0.794%)
|
| $500,000 |
$5,328.00 (1.07%)
|
$3,455 (0.691%)
|
MLC International Shares Index
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.25% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$303.00 (0.61%)
|
$397 (0.794%)
|
| $500,000 |
$2,328.00 (0.47%)
|
$3,455 (0.691%)
|
MLC International Shares Index (hedged)
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.26% | 0.01% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$313.00 (0.63%)
|
$397 (0.794%)
|
| $500,000 |
$2,428.00 (0.49%)
|
$3,455 (0.691%)
|
MLC Low Cost Balanced
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.29% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$273.00 (0.55%)
|
$397 (0.794%)
|
| $500,000 |
$2,028.00 (0.41%)
|
$3,455 (0.691%)
|
MLC Low Cost Conservative Balanced
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.29% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$273.00 (0.55%)
|
$397 (0.794%)
|
| $500,000 |
$2,028.00 (0.41%)
|
$3,455 (0.691%)
|
MLC Low Cost Growth
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.29% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$273.00 (0.55%)
|
$397 (0.794%)
|
| $500,000 |
$2,028.00 (0.41%)
|
$3,455 (0.691%)
|
MLC Property
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.81% | 0.03% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$598.00 (1.2%)
|
$397 (0.794%)
|
| $500,000 |
$5,278.00 (1.06%)
|
$3,455 (0.691%)
|
NAB Term Deposit
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 0.00% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$178.00 (0.36%)
|
$397 (0.794%)
|
| $500,000 |
$1,078.00 (0.22%)
|
$3,455 (0.691%)
|
Perpetual Australian Share Fund
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.15% | $2,500 | 0.05% | 1.06% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$708.00 (1.42%)
|
$397 (0.794%)
|
| $500,000 |
$6,378.00 (1.28%)
|
$3,455 (0.691%)
|
Offers TTR pension
MLC also offers transition to retirement (TTR) pension investment options. Learn more
Offers Retirement bonus
MLC members may be able to access a Retirement bonus when they start a pension. Learn more
MLC pension investment options
Multi-sector pension investment options
Growth assets
MLC High Growth
| Percentage of growth assets | 92% |
| Investment category | High growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 1.04% | 0.04% |
| Balance | Total fees | Median total fees for High growth options |
|---|---|---|
| $50,000 |
$668.00 (1.34%)
|
$397 (0.794%)
|
| $500,000 |
$5,978.00 (1.2%)
|
$3,500 (0.7%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 1 | 3 | 3 | 2 | 2 | 2 | 1 | 1 |
MLC Growth
| Percentage of growth assets | 84% |
| Investment category | High growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 1.04% | 0.04% |
| Balance | Total fees | Median total fees for High growth options |
|---|---|---|
| $50,000 |
$668.00 (1.34%)
|
$397 (0.794%)
|
| $500,000 |
$5,978.00 (1.2%)
|
$3,500 (0.7%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 2 | 3 | 3 | 4 | 4 | 4 | 3 | 3 |
MLC Balanced
| Percentage of growth assets | 75% |
| Investment category | Growth |
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 1.02% | 0.04% |
| Balance | Total fees | Median total fees for Growth options |
|---|---|---|
| $50,000 |
$683.00 (1.37%)
|
$397 (0.794%)
|
| $500,000 |
$6,128.00 (1.23%)
|
$3,500 (0.7%)
|
Performance
| 3 mth | FYTD | 1 yr | 3 yrs | 5 yrs | 7 yrs | 10 yrs | 15 yrs | |
|---|---|---|---|---|---|---|---|---|
| Quartile | 2 | 3 | 3 | 2 | 3 | 3 | 3 | 3 |
Ausbil Australian Emerging Leaders Fund
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 0.95% | 0.11% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$683.00 (1.37%)
|
$397 (0.794%)
|
| $500,000 |
$6,128.00 (1.23%)
|
$3,500 (0.7%)
|
MLC Conservative Balanced
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 0.80% | 0.02% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$563.00 (1.13%)
|
$397 (0.794%)
|
| $500,000 |
$4,928.00 (0.99%)
|
$3,500 (0.7%)
|
MLC Stable
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.62% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$438.00 (0.88%)
|
$397 (0.794%)
|
| $500,000 |
$3,678.00 (0.74%)
|
$3,500 (0.7%)
|
Schroder Wholesale Australian Equity Fund
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.77% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$513.00 (1.03%)
|
$397 (0.794%)
|
| $500,000 |
$4,428.00 (0.89%)
|
$3,500 (0.7%)
|
Single sector pension investment options
Fairview Equity Partners Emerging Companies Fund
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 2.05% | 0.17% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$1,263.00 (2.53%)
|
$397 (0.794%)
|
| $500,000 |
$11,928.00 (2.39%)
|
$3,500 (0.7%)
|
MLC Aggressive
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 1.20% | 0.06% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$783.00 (1.57%)
|
$397 (0.794%)
|
| $500,000 |
$7,128.00 (1.43%)
|
$3,500 (0.7%)
|
MLC Australian Fixed Interest Index
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 0.25% | 0.04% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$298.00 (0.6%)
|
$397 (0.794%)
|
| $500,000 |
$2,278.00 (0.46%)
|
$3,500 (0.7%)
|
MLC Australian Property Index
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 0.25% | 0.01% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$283.00 (0.57%)
|
$397 (0.794%)
|
| $500,000 |
$2,128.00 (0.43%)
|
$3,500 (0.7%)
|
MLC Australian Shares
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 0.64% | 0.05% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$498.00 (1%)
|
$397 (0.794%)
|
| $500,000 |
$4,278.00 (0.86%)
|
$3,500 (0.7%)
|
MLC Australian Shares Index
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 0.22% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$263.00 (0.53%)
|
$397 (0.794%)
|
| $500,000 |
$1,928.00 (0.39%)
|
$3,500 (0.7%)
|
MLC Cash
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 0.13% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$218.00 (0.44%)
|
$397 (0.794%)
|
| $500,000 |
$1,478.00 (0.3%)
|
$3,500 (0.7%)
|
MLC Fixed Interest
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | 0.05% | 0.50% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$403.00 (0.81%)
|
$397 (0.794%)
|
| $500,000 |
$3,328.00 (0.67%)
|
$3,500 (0.7%)
|
MLC IncomeBuilder
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.72% | 0.02% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$498.00 (1%)
|
$397 (0.794%)
|
| $500,000 |
$4,278.00 (0.86%)
|
$3,500 (0.7%)
|
MLC International Shares
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.80% | 0.05% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$553.00 (1.11%)
|
$397 (0.794%)
|
| $500,000 |
$4,828.00 (0.97%)
|
$3,500 (0.7%)
|
MLC International Shares Index
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.25% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$253.00 (0.51%)
|
$397 (0.794%)
|
| $500,000 |
$1,828.00 (0.37%)
|
$3,500 (0.7%)
|
MLC International Shares Index (hedged)
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.26% | 0.01% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$263.00 (0.53%)
|
$397 (0.794%)
|
| $500,000 |
$1,928.00 (0.39%)
|
$3,500 (0.7%)
|
MLC Low Cost Balanced
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.29% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$273.00 (0.55%)
|
$397 (0.794%)
|
| $500,000 |
$2,028.00 (0.41%)
|
$3,500 (0.7%)
|
MLC Low Cost Conservative Balanced
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.29% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$273.00 (0.55%)
|
$397 (0.794%)
|
| $500,000 |
$2,028.00 (0.41%)
|
$3,500 (0.7%)
|
MLC Low Cost Growth
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.29% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$273.00 (0.55%)
|
$397 (0.794%)
|
| $500,000 |
$2,028.00 (0.41%)
|
$3,500 (0.7%)
|
MLC Property
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.81% | 0.03% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$548.00 (1.1%)
|
$397 (0.794%)
|
| $500,000 |
$4,778.00 (0.96%)
|
$3,500 (0.7%)
|
MLC Socially Responsible Growth
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.70% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$478.00 (0.96%)
|
$397 (0.794%)
|
| $500,000 |
$4,078.00 (0.82%)
|
$3,500 (0.7%)
|
NAB Term Deposit
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 0.00% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$128.00 (0.26%)
|
$397 (0.794%)
|
| $500,000 |
$578.00 (0.12%)
|
$3,500 (0.7%)
|
Perpetual Australian Share Fund
Fees
| Admin fee fixed | Admin fee % | Admin fee cap | General reserves | Investment fees and costs | Transaction costs |
|---|---|---|---|---|---|
| $78.00 | 0.10% | $2,500 | – | 1.06% | 0.00% |
| Balance | Total fees | Median total fees |
|---|---|---|
| $50,000 |
$658.00 (1.32%)
|
$397 (0.794%)
|
| $500,000 |
$5,878.00 (1.18%)
|
$3,500 (0.7%)
|
Awards won by MLC
In recent years MLC has won the following awards:
2024
- Advice Offering (SuperRatings)
2023
- Best Fund: Insurance (Chant West)
2016
- Best Fund: Insurance (Chant West)
2013
- Best Fund: Longevity Product (Chant West)
MLC insurance
MLC provides the following types of insurance:
- Life insurance (death cover)
- Total and permanent disablement (TPD) cover
- Income protection cover
MLC administration details
Below you can find the administration details for MLC including whether the super fund is open to the general public (Public offer) or not (Non public offer) and how MLC is structured. You can also learn how their expenses ratio compares to other super funds, as well as the gender ratio and remuneration of their board directors.
| Fund’s RSE licensee | Nulis Nominees (Australia) Limited |
| Public offer status | Public offer |
| Fund type | Retail |
| RSE licensee ownership type | Non equal representation |
| RSE licensee profit status | For profit status |
| RSE licensee board structure | Financial services corporation ownership |
| RSE licensee balance date | 6/30/2024 |
| Investment expenses ratio | 0.20% (average is 0.18%) |
| Operating expenses ratio | 0.30% (average is 0.49%) |
| Number (and percentage) of female directors | 3 (60%% – average is 40.7%) |
| Number (and percentage) of male directors | 3 (40%% – average is 59.3%) |
| Total remuneration of directors on trustee board | $1,116,000 (average is $743,412) |
| Average remuneration of directors on trustee board | $186,000 (average is $102,069) |
Sources: APRA and publicly available information. Data contained in this table as of 30 June 2025
MLC contact details
Below you can find contact details for MLC including website, email and physical address as well as social media accounts if they are available.
| Address |
GPO Box 2567 |
| Phone number | 132 652 |
| Website | www.mlc.com.au |
| Social media accounts |
Articles mentioning MLC Super Fund
Copyright text: All explanatory text is the copyright of SuperGuide Pty Ltd. All data information is the copyright of Australian Prudential Regulation Authority (APRA) . All data information is licensed under the Creative Commons Attribution 3.0 Australia Licence (CCBY 3.0).
Please see APRA Disclaimer, Important notice, Explanatory notes and Glossary
