Fund Features

Investing Made Simple:

Simple online tailoring process

Create and customise your portfolio within 10 minutes through our online onboarding portal

Built for transparency

At any time you can view your enitre portfolio in our portal, informing you of your asset weightings, which stocks you own and why

Change your account preferences anytime through the dashboard

Your portfolio of worldwide stocks, cash and bonds is generated. Deposit or withdraw anytime through a simple bank transfer

Trusted Third Party Protection

All client capital is held and maintained by our Separately Managed Account provider, Praemium, who is backed by JPMorgan and HSBC, two of the biggest global banks. Cash management is backed by ANZ bank

Get started with MB Fund

Featured In:

Client Recommendations:

Shown on:

Featured In:

Featured In:

Featured in: 

Featured In:

Award Finalist:

Featured In:

Featured In:

Featured In:

Award Finalist:

Featured In:

Recommended By:

Featured in:

Award Finalist:

TACTICAL PORTFOLIOS:

These portfolios feature “Tactical Asset Allocation“, meaning the amount of Cash, Bonds and Shares in each portfolio is adjusted by MB Fund to take advantage of global macroeconomic themes and to help protect the portfolio during volatile market conditions

Through our onboarding portal you can select any of the portfolios or a blend of several, or receive a recommendation of an appropriate blend for you using our free online advice tool

Features

A blended portfolio designed for smaller investment balances

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Blend of assets that are tactically managed within the minimum and maximum weighting range of the portfolio ie. max 75% share exposure. Target allocations are shown in the following pie chart
  • Partial ethical overlay, allowing you to exclude themes you don’t support from your portfolio. Because this portfolio holds Exchange Traded Funds for International exposure, the ethical screening is limited.
  • Minimum Investment is $35,000
  • Benchmark is Australian Inflation (CPI) + 3.5%

Performance

1 Year
6.9%

Inception
7.6%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of March 31st 2020 and after investment fees but before administration fees. You can view our full performance reports here.

Features

High growth portfolio for investors who are comfortable with higher levels of volatility and have a longer investment timeframe

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Blend of assets that are tactically managed within the minimum and maximum weighting range of the portfolio ie. max 90% share exposure. Target allocations are shown in the following pie chart
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum Investment is $200,000
  • Benchmark is Australian Inflation (CPI) + 4.5%

 

 

Performance

1 Year
10.4%

Inception
10.5%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of March 31st 2020 and after investment fees but before administration fees. You can view our full performance reports here.

Features

Conservative portfolio for investors who do not have an income requirement

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Blend of assets that are tactically managed within the minimum and maximum weighting range of the portfolio ie. max 50% share exposure. Target allocations are shown in the following pie chart
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum Investment is $200,000
  • Benchmark is Australian Inflation (CPI) + 2.5%

Performance

1 Year
6.1%

Inception
6.2%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of March 31st 2020 and after investment fees but before administration fees. You can view our full performance reports here.

Features

Conservative portfolio for investors who have a preference for income rather than capital gains

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Blend of assets that are tactically managed within the minimum and maximum weighting range of the portfolio ie. max 30% share exposure. Target allocations are shown in the following pie chart
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum Investment is $200,000 (for lower investment balances, please contact us)
  • Benchmark is Australian Inflation (CPI) + 2.5%

 

 

Performance

1 Year
6.5%

Inception
5.9%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of March 31st 2020 and after investment fees but before administration fees. You can view our full performance reports here.

TACTICAL PORTFOLIOS:

These portfolios feature “Tactical Asset Allocation“, meaning the amount of Cash, Bonds and Shares in each portfolio is adjusted by Nucleus Wealth to take advantage of global macroeconomic themes and to help protect the portfolio during volatile market conditions

Through our onboarding portal you can select any of the portfolios or a blend of several, or receive a recommendation of an appropriate blend for you using our free online advice tool

Features

A blended portfolio designed for smaller investment balances

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Blend of assets that are tactically managed within the minimum and maximum weighting range of the portfolio ie. max 75% share exposure. Target allocations are shown in the following pie chart
  • Partial ethical overlay, allowing you to exclude themes you don’t support from your portfolio. Because this portfolio holds Exchange Traded Funds for International exposure, the ethical screening is limited.
  • Minimum Investment is $35,000
  • Benchmark is Australian Inflation (CPI) + 3.5%

Performance

1 Year
10.5%

Inception
8.5%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of February 29th 2020 and after investment fees but before administration fees. You can view our full performance reports here.

Features

High growth portfolio for investors who are comfortable with higher levels of volatility and have a longer investment timeframe

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Blend of assets that are tactically managed within the minimum and maximum weighting range of the portfolio ie. max 90% share exposure. Target allocations are shown in the following pie chart
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum Investment is $200,000
  • Benchmark is Australian Inflation (CPI) + 4.5%

Performance

1 Year
13.8%

Inception
11.3%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of February 29th 2020 and after investment fees but before administration fees. You can view our full performance reports here.

Features

Conservative portfolio for investors who do not have an income requirement

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Blend of assets that are tactically managed within the minimum and maximum weighting range of the portfolio ie. max 50% share exposure. Target allocations are shown in the following pie chart
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum Investment is $200,000
  • Benchmark is Australian Inflation (CPI) + 2.5%

Performance

1 Year
8.6%

Inception
6.6%

Inception returns are per annum. The above returns are as of February 29th 2020 and after investment fees but before administration fees. You can view our full performance reports here.

Features

Conservative portfolio for investors who have a preference for income rather than capital gains

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Blend of assets that are tactically managed within the minimum and maximum weighting range of the portfolio ie. max 30% share exposure. Target allocations are shown in the following pie chart
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum Investment is $200,000 (for lower investment balances, please contact us)
  • Benchmark is Australian Inflation (CPI) + 2.5%

Performance

1 Year
8.5%

Inception
6.0%

Inception returns are per annum. The above returns are as of February 29th 2020 and after investment fees but before administration fees. You can view our full performance reports here.

CORE SHARES PORTFOLIOS:

These portfolios hold only Australian or International shares respectively, and do not feature Tactical Asset Allocation, meaning they are always fully invested and are not ‘de-risked’ at any time. This can mean higher levels of volatility compared with Tactical portfolios

Features

A portfolio of leading Australian companies’ shares (20-30 holdings)

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets, whilst ensuring a diversified mix of sectors
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Ideal for those who wish to manage their own asset portfolio whilst having Nucleus manage the Australian share component of the portfolio for them
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum investment: $25,000
  • Benchmark is the MSCI Australia index

Performance

1 Year
12.4%

Inception
13.7%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of March 31st 2020 and after investment fees but before administration fees. You can view our full performance reports here.

Features

A portfolio of leading Australian companies’ shares (20-30 holdings)

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets, whilst ensuring a diversified mix of sectors
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Ideal for those who wish to manage their own asset portfolio whilst having Nucleus manage the Australian share component of the portfolio for them
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum investment: $25,000
  • Benchmark is the MSCI Australia index

Performance

1 Year
-7.9%

Inception
1.2%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of March 31st 2020 and after investment fees but before administration fees. You can view our full performance reports here.

CORE SHARES PORTFOLIOS

These portfolios hold only Australian or International shares respectively, and do not feature Tactical Asset Allocation, meaning they are always fully invested and are not ‘de-risked’ at any time. This can mean higher levels of volatility compared with Tactical portfolios

Features

A portfolio of leading Australian companies’ shares (20-30 holdings)

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets, whilst ensuring a diversified mix of sectors
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Ideal for those who wish to manage their own asset portfolio whilst having Nucleus manage the Australian share component of the portfolio for them
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum investment: $25,000
  • Benchmark is the MSCI Australia index

Performance

1 Year
9.8%

Inception
7.5%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of January 31st 2020 and after investment fees but before administration fees. You can view our full performance reports here.

Features

A portfolio of leading Australian companies’ shares (20-30 holdings)

  • Actively Managed, meaning the portfolio is regularly monitored to seek out opportunities in world markets, whilst ensuring a diversified mix of sectors
  • By using Separately Managed Accounts, every investor has their own individual portfolio, managed by Nucleus Wealth. This means that all dividends, distributions and franking credits are captured within your portfolio
  • Ideal for those who wish to manage their own asset portfolio whilst having Nucleus manage the Australian share component of the portfolio for them
  • Full ethical overlay, allowing you to exclude themes you don’t support from your portfolio
  • Minimum investment: $25,000
  • Benchmark is the MSCI Australia index

Performance

1 Year
15.8%

Inception
14.8%

Past performance is not an indication of future performance. Inception returns are per annum. The above returns are as of January 31st 2020 and after investment fees but before administration fees. You can view our full performance reports here.

More Information:

The relationship between MacroBusiness and Nucleus Wealth

David, Leith and the team at Macrobusiness have have partnered with the like-minded asset manager, Nucleus Wealth, to bring you the MB Fund. Both David and Leith sit on the investment team at Nucleus Wealth.

The MB Fund encompasses over 50 years experience in global markets and provides the Macrobusiness readership with an exciting opportunity to convert the many themes of the blog into a competent and fully featured investment solution.

You may recognise Nucleus Wealth’s Head of Investments Damien Klassen and Head of Operations Tim Fuller from the MB Fund podcast. Additionally, they regularly write articles featured on MacroBusiness.

Strongly Recommended by our clients
Portfolio Information

1. Tactical Funds 

In these funds, we make the decision when and what mix of Australian shares, International shares, cash or bonds to invest in.

There are three sub-funds, and typically we will blend all three of these funds for you so that you get a mix of assets appropriate for your income needs and your risk preference: 

  • Growth: In this fund there is a higher weighting of growth investments. Clients with a lower tolerance for risk can blend this model with other models to achieve a more appropriate risk outcome.
  • Accumulation:  This is a conservative portfolio for investors who do not have an income requirement. There is a low weighting of growth investments, and we buy stocks in this portfolio without regard to the dividend yield.
  • Income: This is a conservative portfolio for investors who have a preference for income rather than capital gains. There is a very low weighting of growth investments, and stocks in this portfolio are screened for yield.

2. Tactical Foundation 

This is a fund for investors with lower balances. It aims to provide investors with an introduction to the benefits of individual share ownership through a separately managed account, whilst still ensuring investors maintain a reasonable share parcel size.

 We again make the decision when and what mix to buy of Australian shares, International shares, cash or bonds.

Due to the lower balances though, direct international share ownership is not feasible and so this model achieves this through an individual Australian share portfolio, a selection of International exchange traded funds, and defensive holdings in bonds and cash.

3. Shares only portfolios

These are “carve outs” of the Australian or International parts of the above portfolios.

They are a core holding,  designed to have exposure to the large capitalisation part of the Australian or International market. Its intended for investors who wish to do their own asset allocation, and can use this fund to get exposure to higher quality and cheaper stocks in the Australian market.

The funds maintain minimal cash balances – i.e. the tactical funds above will reduce share weights when stock markets are expensive or risky, whereas this fund will remain fully invested. It is up to the investor to manage the asset allocation when buying this fund

Ethical Investment Information

We have ethics. Integrity, honesty, reliability.

However, when it comes to investing the questions become more nuanced and the answers often depend on the individual.  

For example, some people like nuclear power for efficiency and carbon reduction benefits. Other people believe the risks to the environment and contamination are too high.

At MB Fund, we don’t dictate the ethics. You choose from 28 different ethical overlays over your portfolio so that we don’t buy stocks that conflict with your beliefs.

Fee Information

Whilst engaging professionals to look after any part of your life is going to cost money, it should not mean the difference between a great and a less than ideal retirement. At MB Fund, we strive to keep costs low by cutting out the many middlemen that reside in most of the current investment options available today.

If you choose to invest with MB Fund there are two fees that are charged:

  • A management fee paid to Nucleus for making the investment decisions of 0.64%.
  • A platform fee paid to a 3rd party platform provider (Praemium) not related to Nucleus. This money provides you with custodial services, tax reporting, online access and trading. The fee varies depending upon the amount invested (fully explained in the Product Disclosure Statement), indicatively an investor with $200,000 would pay around 0.44%, an investor with $2m would pay around 0.19%.
  • Brokerage Costs. We have secured very low-cost brokerage. 

Costs are important.

Our mission is to provide a technology-based investment solution that delivers portfolio tailoring, transparency and world-class investment research to our clients whilst sharing the cost efficiencies that come with not needing a branch on every corner.

As an investor with the MB Fund, you only pay the costs associated with your account, not for the managed pool as found in other alternatives, and take advantage of the minimised worldwide brokerage and administration costs that come with using a platform that is not owned by a large institution.

When you apply, we provide a full breakdown of the costs for your investment.

 

Recommended rating from IIR

In early 2019, research house Independent Investment Research looked at our research processes and performance and rated our Tactical Growth fund “recommended”.

Click here for a copy of their report. 

Transparency

At Nucleus, we are dedicated to transparency. We want you to be able to see exactly where your money is invested and why.

We offer a range of transparency options:

  • A company profile on each company you own showing where it sits on our metrics and why it is in your portfolio
  • Detailed dashboards showing how your portfolio is positioned
  • 24×7 access to performance and fee data  
  • A weekly podcast/webinar where you can ask questions 
  • We write up a detailed performance report each month, with a focus on current positioning and what we expect from markets
  • We also write blog posts frequently about markets 
  • You are welcome to call us or book a meeting if you have any questions not answered by the above.

 

 

Not ready to invest yet?

Stay in contact

Speak to someone

  • Give us a call on 1300 623 863
  • Book a call with a financial planner