The MLC Horizon 3 Conservative Growth Portfolio and MLC Property Securities Fund were also commended as Blue Ribbon finalists at the awards, which are regarded as the industry’s most comprehensive and independent evaluation of banking, insurance and investment products.

Sam Hallinan, MLC’s General Manager of Investment Solutions said, “MLC’s investment approach, which brings together excellent investment managers to build robust strategies with sensible diversification, helped the MLC Horizon 2 Income portfolio perform strongly throughout a volatile year.”

“This recognition is representative of the continual refinements and diversity of MLC’s investment process implemented throughout the portfolios,” said Mr Hallinan.

A year ago MLC introduced a new strategic overlay asset allocation approach and in early 2010 adjusted its debt strategy to give greater flexibility and control to the debt portfolios. Both of these innovations have contributed to the success of the Horizon 2 Income Portfolio during 2010.

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