The tool provides details on how money is invested within the funds, including MLC's multi-manager funds.
"We have developed the Fund Profile Tool to bring greater transparency to our investment management process," MLC investment solutions general manager Sam Hallinan said.
"Advisers have been telling us that clients want more detailed information about how we invest their clients' money."
The tool generates reports that contain fund information, including performance, commentaries, stock and manager holds and regional allocations.
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It is accessible via the MLC, MasterKey Custom, Private Investment Consulting and MLC Wholesale websites.
MLC plans to release more new services on its platform, MasterKey Custom, in the coming months.
