MLC Core Investment List reaches $1billion FUM milestone


Tim Steele

Monday 30 November, 2020 MLC Wealth’s (MLC) Core Investment List has reached $1billion FUM since launching in April 2020[1] .

MLC Wealth Group Executive, Retirement and Investment Solutions, Tim Steele, said: “Today MLC Wealth’s (MLC) Core Investment List available on our Series 2 Wrap platforms, reached a significant milestone of $1billion FUM.

The response we have had from advisers and clients since the Core Investment List launched in April 2020 demonstrates that there is a strong desire for investment options that are cost-effective and with a good track record.

During COVID-19 we have found Australians, and particularly retirees, have taken more interest in their finances and retirement planning and this is reflected by the strong response we have received over the last few months.

On 23 November we launched an expanded menu on the Core Investment List to include six new SMA model portfolios – the MLC Managed Account Strategies and the Antares Income Fund. The addition of these portfolios strengthens our simplified wrap offer and combined with the full wrap offering, provides advisers with a scalable platform to meet clients’ changing needs over time. Our expanded investment menu delivers enhanced retirement options for clients which we know is something they have been looking for.”


[1] MLC Wrap and Navigator Series 2 is issued by NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 (NULIS). A copy of the Product Disclosure Statement is available at You should consider the Product Disclosure Statement in deciding whether to acquire, or continue to hold, the product.

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