MLC Inflation Plus – Conservative Portfolio Facts Sheet | 1

MLC Inflation Plus – Conservative Portfolio

The MLC Inflation Plus – Conservative Portfolio is an actively managed portfolio that aims to deliver a return of 3.5% pa above inflation (before deducting fees and tax) over three year periods, despite market ups and downs.

We aim to deliver a smoother pattern of returns than the market, and especially to limit exposure to large losses, by carefully controlling risk. This is done mainly through the portfolio’s flexible asset allocation, which we adjust as markets change, and by investing in a very broad range of assets and strategies.

Features and benefits

• Above-inflation return objective: Actively managed to target a return above inflation, rather than simply relying on market performance for returns. As you have greater certainty about the returns you’ll achieve, you can plan your financial future more confidently.

• Experience and track record: The ‘inflation plus’ approach has been used successfully by us since 2005, a period that included the global financial crisis. And the portfolio is designed and managed using our market-leading investment process, including our Investment Futures Framework.

• Focus on risk management: We aim to achieve the target return by carefully managing risk, particularly the risk of big losses that can set back your investment. This also helps smooth the returns of the portfolio.

• Flexible asset allocation: As markets change, we adjust the mix of assets in the portfolio so it’s better positioned to deliver returns and manage risk.

• Extensive diversification: We invest in a very wide range of mainstream assets (like shares, bonds and cash) and alternative assets and strategies. This gives us many ways to achieve returns and manage risk. The portfolio also benefits from the insights of specialist investment managers from all over the world.

Conservative

Be more confident you’ll get the returns you need to achieve your financial goals.

MLC Inflation Plus – Conservative Portfolio Facts Sheet | 2 2

MLC Inflation Plus – Conservative Portfolio

Fund facts

APIR code MLC MasterKey Super Fundamentals

MLC0929AU

MLC MasterKey Pension Fundamentals

MLC0931AU

MLC MasterKey Business Super and MLC MasterKey Personal Super

MLC0927AU

Inception date 3 March 2014

Investment objective Aims to deliver a return of 3.5% pa above inflation (before deducting fees and tax) over 3 year periods.

Risk consideration Although we carefully manage the portfolio, this can’t remove the risk that at times, the portfolio may not achieve its objective.

In most circumstances, we expect to provide a positive return over 3 year periods.

Estimated number of negative annual returns

Less than one year in 20 years

Minimum suggested time to invest

3–5 years

Indicative investment fee 0.75% pa plus performance fees estimated at 0% pa

Buy/Sell spread 0.10% / 0.10%

Proposed asset allocation in:

• MLC MasterKey Super & Pension Fundamentals

• MLC MasterKey Business Super

• MLC MasterKey Personal Super

(at 30 April 2016)

Source: MLC

More information

For the latest performance data and current asset allocation go to the Fund Profile Tool on mlc.com.au, where the Product Disclosure Statements are also available.

Important information

This information has been provided by NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465, 105–153 Miller Street, North Sydney 2060.

This communication contains general information and may constitute general advice. Any advice in this communication has been prepared without taking account of individual objectives, financial situation or needs. It should not be relied upon as a substitute for financial or other specialist advice.

Before making any decisions on the basis of this communication, you should consider the appropriateness of its content having regard to your particular investment objectives, financial situation or individual needs. You should obtain a Product Disclosure Statement or other disclosure document relating to any financial product issued by NULIS Nominees (Australia) Limitee, as Trustee of MLC Super Fund, ABN 70 732 426 024, and consider it before making any decision about whether to acquire or continue to hold the product. A copy of the Product Disclosure Statement or other disclosure document is available upon request by phoning our call centre on 132 652 or on our website at mlc.com.au

An investment in any product offered by a member company of the National Australia Bank group of companies does not represent a deposit with or a liability of the National Australia Bank Limited ABN 12 004 044 937 or other member company of the National Australia Bank group and is subject to investment risk including possible delays in repayment and loss of income and capital invested. None of the National Australia Bank Limited, or other member company in the National Australia Bank group guarantees the capital value, payment of income or performance of any financial product referred to in this publication. Past performance is not indicative of future performance. The value of an investment may rise or fall with the changes in the market. The inflation plus outcomes for the MLC Inflation Plus portfolios are targets only. No representations are made that they will be met.

A126445-0916

How to invest Please speak with your financial adviser or your Investor Directed Portfolio Service or call us on 132 652.

Enhanced cash 34%

Australian non-govt bonds 26%

Defensive global shares 13%

Multi-asset real return strategy 12%

Low correlation strategy 6%

Global bank loans 5%

Australian inflation-linked bonds 2%

Emerging markets strategies 1%

Risk management strategy 1%

Enhanced cash 34%

Australian non-govt bonds 26%

Defensive global shares 13%

Multi-asset real return strategy 12%

Low correlation strategy 6%

Global bank loans 5%

Australian inflation-linked bonds 2%

Emerging markets strategies 1%

Risk management strategy 1%

NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 is part of the National Australia Bank Limited (NAB) group.