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Mlc Wholesale Incomebuilder (LP65001140)

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1.724 +0.004    +0.23%
21/11 - Closed. Currency in AUD
Type:  Fund
Market:  Australia
Issuer:  National/MLC Group
ISIN:  AU60MLC02647 
Asset Class:  Equity
  • Morningstar Rating:
  • Total Assets: 337.73M
MLC Wholesale IncomeBuilderTM 1.724 +0.004 +0.23%

Mlc Wholesale Incomebuilder Overview

 
On this page you'll find an in-depth profile of Mlc Wholesale Incomebuilder. Learn about the key management, total assets, investment strategy and contact information of LP65001140 among other information.
Category

Total Assets

337.73M

Expenses

Inception Date

Jan 01, 1998

Investment Strategy

The Fund invests primarily in Australian companies that have the potential to provide future growth in dividends. The Fund is expected to generate tax effective returns by: - investing in companies expected to have high franking levels, and - carefully managing the realisation of capital gains. The Fund is expected to provide returns consistent with investing in a broad range of Australian companies.

Contact Information

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Phone -

Top Executives

Name Title Since Until
Peter Sumner - 2008 Now
Biography Peter joined MLC in 1989 to assist in the management and development of cash, short term and fixed interest strategies.  While managing these strategies he also built up a broad-based manager research capability across all asset classes including; fixed income, equities and REITs and in July 2000 Peter became a senior member of the investment team.Peter has been responsible for the development of fixed interest, cash, currency, commodities and insurance-related investments strategies from mid 2000 to late 2008, and manager research in the areas of global and domestic fixed interest and cash, currency overlay, and alternatives (including commodities, insurance related investments and hedge funds). Peter also acted as  backup for  the Australian REITs and Global REITs portfolios for 3 years over this time. In October 2008 Peter was appointed Portfolio Manager for Australian equities and in August 2012, Portfolio Manager for Australian listed property. Peter has more than 30 years of investment experience.
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