AB Advantage Dynamic Global Fixed Income - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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.

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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.06 0.56 -0.16 0.44 1.49 - - -
Growth return 0.06 0.56 -0.76 -0.73 -0.49 - - -
Income return 0 0 0.6 1.17 1.98 - - -
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.81 1.45 2.65 3.84 1.56 3.08 4.48 5.78
As as 31 Aug 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fixed Interest
100%

General Information

Fund Details
Type Description
AB Advantage Dynamic Global Fixed Income (Wholesale)
AMP Capital Funds Management Ltd
AMP2066AU
Multi-Strategy Income
Not Rated
Investment Fund
11 Feb 2016
n/a
$0.98276 (as at 18 Sep 2018)
$0.97982 (as at 18 Sep 2018)
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.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.77% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2018)

Holding (as at 31 Jul 2018) Type % of Portfolio
Ah99461:euro-Bobl Future Fut (Unknown) % 09/06/2018 Bond - Treasury Future 15.65%
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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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
InvestSMART International Equities 12.60%
Intelligent Investor Equity Growth 12.50%
Intelligent Investor Equity Income 11.80%
InvestSMART Australian Small Companies Fund 10.15%
InvestSMART High Growth 9.51%
InvestSMART Core Growth 8.38%
InvestSMART Balanced 6.52%
InvestSMART Diversified Property and Infrastructure 5.75%
InvestSMART Hybrid Income 5.03%
InvestSMART Diversified Income 4.82%
InvestSMART Interest Income 2.29%

* Returns p.a. since inception after investment & admin fees

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