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 |
0.05% |
0.05% |
MLC Wholesale Inflation Plus - Moderate Portfolio |
0.10% |
0.10% |
MLC Wholesale Inflation Plus - Assertive Portfolio - Class A |
0.10% |
0.10% |
MLC Wholesale Inflation Plus - Assertive Portfolio - Class B |
0.10% |
0.10% |
| Buy | Sell | |
|---|---|---|
MLC Wholesale Horizon 1 Bond Portfolio |
0.10% |
0.10% |
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 |
0.10% |
0.10% |
MLC Wholesale Horizon 6 Share Portfolio |
0.10% |
0.10% |
MLC Wholesale Horizon 7 Accelerated Growth Portfolio |
0.15% |
0.15% |
| Buy | Sell | |
|---|---|---|
MLC Wholesale Index Plus Conservative Growth Portfolio |
0.05% |
0.05% |
MLC Wholesale Index Plus Balanced Portfolio |
0.05% |
0.05% |
MLC Wholesale Index Plus Growth Portfolio |
0.05% |
0.05% |
| Buy | Sell | |
|---|---|---|
MLC Wholesale Diversified Debt Fund - Class A |
0.10% |
0.10% |
MLC Wholesale Diversified Debt Fund - Class B |
0.10% |
0.10% |
MLC Wholesale Global Property Fund Class A |
0.15% |
0.15% |
MLC Wholesale Global Property Fund Class B |
0.15% |
0.15% |
MLC Wholesale Global Share Fund |
0.15% |
0.10% |
MLC Wholesale IncomeBuilder |
0.25% |
0.25% |
MLC Wholesale Australian Share Fund |
0.15% |
0.15% |
MLC Wholesale Australian Share Index Fund |
0.05% |
0.05% |
MLC Wholesale Property Securities Fund |
0.30% |
0.30% |
| Buy | Sell | |
|---|---|---|
PIC Wholesale Inflation Plus - Conservative Portfolio |
0.05% |
0.05% |
PIC Wholesale Inflation Plus - Moderate Portfolio |
0.10% |
0.10% |
PIC Wholesale Inflation Plus - Assertive Portfolio |
0.10% |
0.10% |
| Buy | Sell | |
|---|---|---|
PIC Wholesale 0/100 Portfolio |
0.10% |
0.10% |
PIC Wholesale 30/70 Portfolio |
0.10% |
0.10% |
PIC Wholesale 50/50 Portfolio |
0.10% |
0.10% |
PIC Wholesale 70/30 Portfolio |
0.10% |
0.10% |
PIC Wholesale 85/15 Portfolio |
0.10% |
0.10% |
PIC Wholesale 100/0 Portfolio |
0.10% |
0.10% |
PIC Wholesale 130/0 Portfolio |
0.15% |
0.15% |
| Buy | Sell | |
|---|---|---|
PIC Wholesale Index Plus Conservative Growth Portfolio |
0.05% |
0.05% |
PIC Wholesale Index Plus Balanced Portfolio |
0.05% |
0.05% |
PIC Wholesale Index Plus Growth Portfolio |
0.05% |
0.05% |
| Buy | Sell | |
|---|---|---|
PIC Wholesale Diversified Debt Fund |
0.10% |
0.10% |
PIC Wholesale Global Property Fund |
0.15% |
0.15% |
PIC Wholesale Global Share Fund |
0.15% |
0.10% |
PIC Wholesale IncomeBuilder |
0.25% |
0.25% |
PIC Wholesale Australian Share Fund |
0.15% |
0.15% |
PIC 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 (ABN 30 002 641 661, AFSL 230705) as Responsible Entity of the Trusts listed above.
For information on the Trusts, please refer to the relevant Trust's offer document at Product Overview Documents. 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.
No guarantee of accuracy or reliability is given and to the extent permitted by law, no liability is accepted for any loss or damage incurred as a result of reliance on the information.
