Buy/sell spreads are incurred when investors apply for or redeem units in the funds. They reflect the transaction costs associated with the purchasing and selling of assets within the funds in order to issue units or pay redemption proceeds to investors. The application of buy/sell spreads to the funds ensures fair attribution of costs between transacting and non-transacting investors. Buy/sell spreads are not fees paid to the responsible entities of the funds.
We regularly review the buy/sell spreads for each of the funds to ensure that they remain appropriate. During challenging market environments, particularly during times of heightened market volatility, the buy/sell spreads of a particular fund may increase or decrease significantly, to reflect the evolving nature of liquidity conditions. The buy/sell spreads may change without prior notice. The latest buy/sell spreads for the funds are set out below. It is important for investors to consider the latest buy/sell spreads before applying for or redeeming units from a fund.
| Buy | Sell | |
|---|---|---|
MLC Wholesale Inflation Plus - Conservative Portfolio |
0.15% |
0.15% |
MLC Real Return Moderate |
0.15% |
0.15% |
MLC Real Return Assertive – Class A |
0.15% |
0.15% |
MLC Real Return Assertive – Class B |
0.15% |
0.15% |
| Buy | Sell | |
|---|---|---|
MLC Index Plus Conservative |
0.05% |
0.05% |
MLC Index Plus Balanced |
0.05% |
0.05% |
MLC Index Plus Growth |
0.05% |
0.05% |
| Buy | Sell | |
|---|---|---|
MLC Wholesale Horizon 1 Bond Portfolio |
0.15% |
0.15% |
MLC Wholesale Horizon 2 Income Portfolio |
0.10% |
0.10% |
MLC Wholesale Horizon 3 Conservative Growth Portfolio |
0.10% |
0.10% |
MLC Wholesale Horizon 4 Balanced Portfolio |
0.10% |
0.10% |
MLC Wholesale Horizon 5 Growth Portfolio |
0.15% |
0.15% |
MLC MultiActive High Growth |
0.15% |
0.15% |
MLC MultiActive Geared |
0.20% |
0.20% |
| Buy | Sell | |
|---|---|---|
MLC Wholesale Diversified Debt Fund - Class A |
0.15% |
0.15% |
MLC Wholesale Diversified Debt Fund - Class B |
0.15% |
0.15% |
MLC Wholesale Global Property Fund Class A |
0.20% |
0.20% |
MLC Wholesale Global Property Fund Class B |
0.20% |
0.20% |
MLC Wholesale Global Share Fund |
0.15% |
0.15% |
MLC Wholesale IncomeBuilder |
0.25% |
0.25% |
MLC Wholesale Australian Share Fund |
0.20% |
0.20% |
MLC Wholesale Australian Share Index Fund |
0.05% |
0.05% |
MLC Wholesale Property Securities Fund |
0.30% |
0.30% |
| Buy | Sell | |
|---|---|---|
Altrinsic Global Equities Trust |
0.10% |
0.10% |
| Buy | Sell | |
|---|---|---|
Antares Income Fund |
0.05% |
0.05% |
Antares Diversified Fixed Income Fund |
0.05% |
0.05% |
| Buy | Sell | |
|---|---|---|
Antares Elite Opportunities Fund - Professional Selection |
0.15% |
0.15% |
Antares Elite Opportunities Wholesale Fund |
0.15% |
0.15% |
Antares High Growth Shares Fund - Professional Selection |
0.15% |
0.15% |
Antares High Growth Shares Fund - Personal Choice |
0.15% |
0.15% |
Antares Listed Property Fund - Professional Selection |
0.15% |
0.15% |
Antares Listed Property Fund - Personal Choice |
0.15% |
0.15% |
Antares Dividend Builder - Professional Selection |
0.15% |
0.15% |
Antares Australian Equities Fund - Professional Selection |
0.15% |
0.15% |
Antares Ex-20 Australian Equities Fund - Professional Selection |
0.15% |
0.15% |
| Buy | Sell | |
|---|---|---|
Fairview Equity Partners Emerging Companies Fund |
0.30% |
0.30% |
| Buy | Sell | |
|---|---|---|
Intermede Global Equities Fund |
0.10% |
0.10% |
| Buy | Sell | |
|---|---|---|
| MLC Global Private Equity Fund – Class A | 0.35% | 0.10% |
| MLC Global Private Equity Fund – Class B | 0.35% | 0.10% |
Important information
This information is prepared by MLC Investments Limited (‘MLC’) (ABN 30 002 641 661, AFSL 230705) as issuer and responsible entity of the funds listed above.
For information on the funds, please refer to the relevant fund's offer document at Product Overview Documents under MLC Trusts. Before an investor acquires a financial product, they should obtain and consider the applicable Product Disclosure Statement (PDS). Target Market Determinations (TMDs) for relevant products are also required to be made available and considered by distributors. You can access a copy of the offer document by contacting our client services team on 1300 738 355 between 8.30am and 5.30pm (AEST), Monday to Friday, or email client.services@mlcam.com.au.
MLC is a member of the group of companies comprised of Insignia Financial Ltd, its related companies and associated entities (‘Insignia Financial Group’). No member in the Insignia Financial Group guarantees or otherwise accepts any liability in respect of any financial product referred to in this communication.
