MLC has today officially announced the addition of 56 investment options to the MLC Wrap and MLC Navigator investment menus.
The new investment options provide Financial Planners with additional high quality managed funds to choose from when building their client investment portfolios.
Kathy Vincent, General Manager Retail Super and Investment Platforms at MLC said that the final fund drop ends the first half of the year on a high for the platforms.
“MLC is changing the way we do business – improving our structure, platforms and products – to meet the changing needs of financial advisers and their clients.
“These additional funds announced today will open up more opportunity for advisers to assist clients in achieving their financial goals. Our goal is to provide the flexibility needed for advisers to offer quality personal investment options for their clients.”
Since March this year, the three fund drops have been part of a wider MLC strategy to ensure a diverse range of funds are available for each sector, with a particular focus on suitable options for both pre and post-retirement strategies.
“Last year, we announced that we are growing by investing at least $300 million into our super, investments and advice offering through digital innovation, product and platform enhancement, improved customer engagement and experience and simplification.
“In the platforms space particularly, we have a strong history of offering a wide range of investment options on our platforms, and we are continually reviewing this to ensure we are offering the greatest investment choice for advisers and their clients,” explained Ms Vincent.
The table below highlights the additional investment options by asset class.
| Asset class | Number of new funds |
| International Equity | 19 |
| Australian Equity | 15 |
| Fixed Interest | 14 |
| Property | 3 |
| Growth | 2 |
| Multi-asset | 2 |
| Alternatives | 1 |
| TOTAL | 56 |
