MLC Cash Fund
MLC Cash Fund
The MLC Cash Fund aims to provide competitive returns relative to the Reserve Bank of Australia’s Cash Rate Target. As such, the Fund is benchmarked against the Reserve Bank of Australia’s Cash Rate Target.
Current rate
To see the Fund’s current rate, click here.
This indicative rate is annualised and averaged over the past week. It’s based on the weighted average yield to maturity of the assets of the Fund.
About the Fund
The Fund invests in deposits with banks (including National Australia Bank) and other comparable high quality securities. It’s possible, from time to time, for a high proportion of the Fund to be invested in securities issued by one bank.
MLC employs Antares Fixed Income to manage the assets of the Fund. They’ve been a cash manager for MLC for more than 20 years and manage the Fund using a tightly risk controlled investment process.
Ratings
The MLC Cash Fund is rated by leading research houses:
| Fund | ChantWest | ThreeSixty |
|---|---|---|
| MLC Cash Fund |  |
Approved |
How to invest in the MLC Cash Fund
Product Disclosure Statement
| Super and Retirement Income |
MLC MasterKey Super and Pension (PDF, 2.10MB) MLC MasterKey Super and Pension Fundamentals(PDF, 2.08MB) |
|---|---|
| Ordinary Money | MLC MasterKey Investment Service (PDF, 1.19MB) MLC MasterKey Investment Service Fundamentals (PDF, 1.25MB) |
Investment fees
| Fund | Fee |
|---|---|
| MLC MasterKey Super Fundamentals | 0.27% |
| MLC MasterKey Super | 0.27% |
| MLC MasterKey Business Super | 0.27% |
| MLC MasterKey Personal Super | 0.27% |
| MLC MasterKey Pension Fundamentals | 0.25% |
| MLC MasterKey Pension | 0.25% |
| MLC MasterKey Term Allocated Pension | 0.25% |
| MLC MasterKey Investment Service Fundamentals | 0.26% |
| MLC MasterKey Investment Service | 0.26% |
| MLC MasterKey Unit Trust | 0.26% |