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Fund Manager Profles

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MLC - Invest with No Entry or Exit Fees

MLC is the wealth management division of the National Australia Bank. It is comprised of a group of companies, all of which are subsidiaries of the National Australia Bank. MLC provides funds, platforms and services that support the provision of quality financial advice and help people realise and protect their lifestyle goals.

MLC uses a 'manager of managers' investment approach. This means MLC does not directly manage investment funds, but instead MLC's multi-manager options combine the expertise of up to 32 leading investment managers from around the world. This approach gives investors access to a combination of individually selected fund managers across each asset class, providing diversity within asset classes and across investment styles. The aim is to provide greater consistency of performance in variable market conditions compared to a single manager and significantly reduce risk without compromising the overall return. MLC platforms also provide access to a range of single manager funds managed outside of MLC.

MLC manages more than $78 billion on behalf of individual investors and corporate customers in Australia (as at Dec 2004).


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