AB Advantage Dynamic Global Fixed Income - Managed Fund (Closed)

Fund Objective

The Fund aims to achieve returns that exceed the Bloomberg AusBond Bank Bill Index after fees over five year periods. There is no guarantee that the Fund will achieve this investment objective or produce any return. Performance benchmark: Bloomberg AusBond Bank Bill Index Suggested minimum investment timeframe 5 year(s).

Fund Strategy

The Fund implements a global, multi-sector strategy investing in a broad range of debt and fixed income securities. The Fund may hold corporate bonds, government bonds, asset backed securities, mortgage backed securities, closed ended mutual funds (up to 5% of the Fund's assets) and bank loans located anywhere in the world, including developed and emerging countries. Up to 40% of the Fund's assets may be higher risk and rated below investment grade.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.17%	0.64%	3.54%	1.76%	3.46%	2.41%	-%	-%
Growth return	0.17%	0.64%	1.76%	-1.8%	0.53%	0.26%	-%	-%
Income return	0%	0%	1.78%	3.56%	2.93%	2.15%	-%	-%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return	0.33%	1.05%	3.11%	4.31%	4.73%	3.74%	-0.03%	2.14%

As at 31 Oct 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AB Advantage Dynamic Global Fixed Income

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Fixed Interest: 92.48%

Australian Equities: 0.62%

International Equities: 0.02%

Cash: 6.60%

Property & Infrastructure: 0.02%

Alternatives: 0.25%

General Information

Fund Details

Type	Description
Fund Name	AB Advantage Dynamic Global Fixed Income (Wholesale)
Fund Status	Closed
Responsible Entity	IPAC Asset Management Limited
APIR Code	AMP2066AU
Sector/Asset Class	Unconstrained Fixed Income
Morningstar Rating	(as at 31 Oct 2020)
Legal Structure	Investment Fund
Fund Inception	11 Feb 2016
Fund Size	n/a
Entry Price	$1.00116 (as at 20 Nov 2020)
Exit Price	$0.99876 (as at 20 Nov 2020)
Fund Status	Finalised

Offer information

Type	Description
MER	0.46% (as at 30 Jun 2021)
Indirect Cost Ratio (ICR)	0.46% (as at 30 Jun 2021)
Performance fee (not included in ICR)	0
Minimum initial investment	$50,000
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2022)

Holding (as at 31 Jul 2022)	Type	% of Portfolio
Euro-Schatz Future Sep22 Fut () 0% 09/08/2022	Bond - Treasury Future	13.12%
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FAQs about the AB Advantage Dynamic Global Fixed Income

What is the objective of the AB Advantage Dynamic Global Fixed Income managed fund?

The objective of the AB Advantage Dynamic Global Fixed Income managed fund is The Fund aims to achieve returns that exceed the Bloomberg AusBond Bank Bill Index after fees over five year periods. There is no guarantee that the Fund will achieve this investment objective or produce any return. Performance benchmark: Bloomberg AusBond Bank Bill Index Suggested minimum investment timeframe 5 year(s).

What is the strategy for the AB Advantage Dynamic Global Fixed Income managed fund?

The strategy of the AB Advantage Dynamic Global Fixed Income managed fund is The Fund implements a global, multi-sector strategy investing in a broad range of debt and fixed income securities. The Fund may hold corporate bonds, government bonds, asset backed securities, mortgage backed securities, closed ended mutual funds (up to 5% of the Fund's assets) and bank loans located anywhere in the world, including developed and emerging countries. Up to 40% of the Fund's assets may be higher risk and rated below investment grade.

What is the APIR code of the AB Advantage Dynamic Global Fixed Income managed fund?

The APIR code of the AB Advantage Dynamic Global Fixed Income managed fund is AMP2066AU.

What was AB Advantage Dynamic Global Fixed Income’s total return last month?

AB Advantage Dynamic Global Fixed Income’s total return last month was 0.17%. This was made up of a growth return of 0.17% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

What was AB Advantage Dynamic Global Fixed Income’s total return for the last three months?

AB Advantage Dynamic Global Fixed Income’s total return for the last three months was 0.64%. This was made up of a growth return of 0.64% and an income return of 0%%. These returns were calculated as at 31 Oct 2020.

What is AB Advantage Dynamic Global Fixed Income’s one-year total return?

AB Advantage Dynamic Global Fixed Income’s one-year total return is 1.76%. This was made up of a growth return of -1.8% and an income return of 3.56%. These returns were calculated as at 31 Oct 2020.

What is AB Advantage Dynamic Global Fixed Income’s three-year total return?

AB Advantage Dynamic Global Fixed Income’s one-year total return is 2.41%. This was made up of a growth return of 0.26% and an income return of 2.15%. These returns were calculated as at 31 Oct 2020.

What is the asset allocation of the AB Advantage Dynamic Global Fixed Income managed fund?

The asset allocation of the AB Advantage Dynamic Global Fixed Income managed fund is :

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the AB Advantage Dynamic Global Fixed Income managed fund?

The Responsible Entity for the AB Advantage Dynamic Global Fixed Income managed fund is IPAC Asset Management Limited.

What sector/asset class does the AB Advantage Dynamic Global Fixed Income managed fund belong to?

The AB Advantage Dynamic Global Fixed Income managed fund belongs to the Unconstrained Fixed Income sector/asset class.

What is the size of the AB Advantage Dynamic Global Fixed Income managed fund?

As at , the size of the AB Advantage Dynamic Global Fixed Income managed fund was $ million.

What is the inception date of the AB Advantage Dynamic Global Fixed Income managed fund?

The AB Advantage Dynamic Global Fixed Income managed fund has an inception date of 11 Feb 2016.

What is the current entry price of the AB Advantage Dynamic Global Fixed Income managed fund?

The current entry price of the AB Advantage Dynamic Global Fixed Income managed fund is $1.00116 per unit and the current exit price is $0.99876 per unit (as at 20 Nov 2020).

What is the current exit price of the AB Advantage Dynamic Global Fixed Income managed fund?

The current exit price of the AB Advantage Dynamic Global Fixed Income managed fund is $0.99876 per unit and the current entry price is $1.00116 per unit (as at 20 Nov 2020).

What is the minimum investment amount for the AB Advantage Dynamic Global Fixed Income managed fund?

The minimum initial investment amount for the AB Advantage Dynamic Global Fixed Income managed fund is $50,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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