Schroder Wholesale Australian Equity Fund fees and costs reduction, effective 20 July 2026
The investment fees and costs for the Schroder Wholesale Australian Equity Fund investment option have reduced for members in the following MLC MasterKey super and pension products:
- MLC MasterKey Super & Pension Fundamentals
- MLC MasterKey Business Super
- MLC MasterKey Personal Super
- MLC MasterKey Term Allocated Pension
The reduction was effective from 20 July 2026.
Lower investment fees and costs
The total annual investment fees and costs have been reduced by 0.17% pa, from 0.77% pa to 0.60% pa.
What this means
For members invested in the Schroder Wholesale Australian Equity Fund, the reduced investment fees and costs have applied automatically since 20 July 2026.
The change does not affect the way the fund is managed, the investment objective, or the investment strategy for the option.
No action is required.
Updated disclosure documents
Updated and revised investment fees and costs will be reflected in the relevant Product Disclosure Statements and supporting disclosure materials available 1 October 2026.
For more information
This information is provided to help members, advisers and other stakeholders understand the investment fee and cost changes that apply to the Schroder Wholesale Australian Equity Fund.
