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MLC MySuper investment performance update

Double-digit return for MLC MySuper Growth Portfolio members

Members in MLC’s MySuper Growth Portfolio – where the majority of our MySuper members are invested – benefitted from a strong double-digit 11.3% return for the 12-months to 31 December 2024.

Global listed shares were the largest contributor to the Portfolio’s performance over this period, particularly the Portfolio’s exposure to US technology stocks. US shares made strong gains over 2024 and this continued into the last quarter of the calendar year, supported by Donald Trump’s victory in the presidential election.

The 3 and 5-year returns for the MySuper Growth Portfolio also remain robust, delivering 5.75% and 7.12% per annum to 31 December 2024, respectively. This solid longer-term performance places the Portfolio in the top quartile of MySuper funds over both time periods.1

The Portfolio’s returns from its exposure to unlisted and alternative assets, including unlisted infrastructure assets, alternative credit strategies and insurance-related investments continue to contribute to this healthy longer-term performance.

Steve Gamerov, Head of Diversified Portfolios at MLC Asset Management noted, “The double-digit return for the 12-months to 31 December 2024 is a great result for members. And as market dynamics shift, the Portfolio is strategically positioned to capture growth opportunities across global share markets, while insulating against market volatility through a diversified portfolio of high quality unlisted and alternative assets.

As always, we encourage members to stay focused on the long-term journey of super. By building portfolios with a broad mix of investment strategies, we aim to provide our members with the best prospects for achieving robust, long-term growth.”

Members in our ready-made portfolios also enjoyed solid returns for the 12-months ending 31 December 2024, ranging from 6.3% for the MLC Stable option; a strong 14.1% return for the MLC High Growth option; and a return of 18.8% for the MLC Aggressive option. Compare the performance of our different investment options here.

Find out about the investment philosophy that guides how we manage your money, our investment process and the managers we use in our portfolios.

 

SuperRatings Fund Crediting Rate Survey SR50 MySuper Index: December 2024.

Performance Disclaimer:

Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market. The performance returns in this communication are reported after deducting investment fees and tax but are before deducting administration fees and costs. Performance returns are annualised for periods greater than one year. For details of relevant fees and costs, refer to the PDS and Investment Menu.

Important information

This information is provided on behalf of MLC Investments Limited ABN 30 002 641 661 AFSL 230705)("MLCI") as responsible entity of a series of MLC managed investment schemes and NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 (NULIS) as Trustee of the MLC Super Fund ABN 70 732 426 024. MLCI and NULIS are part of the Insignia Financial Group of Companies, comprising Insignia Financial Ltd ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group).

This information is general in nature and has been prepared without taking account of an investor's objectives, financial situation or needs. Because of that, investors should consider obtaining independent advice before making any financial decisions based on this information.

Investors should obtain the relevant Product Disclosure Statement before making any decision about whether to acquire or continue to hold the product. A copy of the Product Disclosure Statement or other disclosure document is available on mlc.com.au or plum.com.au.

Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market.

Any opinions expressed in this presentation constitute our judgement at the time of issue and are subject to change. MLCI and NULIS believe that the information contained in this communication is correct and that any estimates, opinions, conclusions or recommendations are reasonably held or made at the time of compilation. However, no warranty is made as to their accuracy or reliability (which may change without notice) or other information contained in this presentation. Any projection or forward looking statement ('Projection') in this communication is provided for information purposes only. No representation is made as to the accuracy or reasonableness of any such Projection or that it will be met. Actual events may vary materially.

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