AB Advantage Dynamic Global Fixed Income - Managed Fund

Fund Performance Comparison

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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.

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. Peers are funds that use the same benchmark in the Morningstar database.

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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 0.32 1.61 2.91 5.2 2.79 2.71 - -
Growth return 0.32 0.44 0.69 2.93 1.08 0.64 - -
Income return 0 1.17 2.22 2.27 1.71 2.07 - -
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.51 3.54 7.53 11.2 7.46 4.68 5.3 6.12
As as 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AB Advantage Dynamic Global Fixed Income
Fixed Interest
Australian Equities
International Equities
Average Allocation of Peers
Fixed Interest
Australian Equities
International Equities

General Information

Fund Details
Type Description
AB Advantage Dynamic Global Fixed Income (Wholesale)
AMP Capital Funds Management Ltd
Multi-Strategy Income
starstar (as at 31 Aug 2019)
Investment Fund
11 Feb 2016
$1.00901 (as at 18 Sep 2019)
$1.007 (as at 18 Sep 2019)
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) - Estimated 0.56% (as at 30 Jun 2018) (Estimated)
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2019)

Holding (as at 31 Aug 2019) Type % of Portfolio
:aj15267:euro-Bobl Future Fut (Unknown) % 12/06/2019 Bond - Treasury Future 7.84%
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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.

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Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.25%
InvestSMART High Growth 9.13%
Intelligent Investor Equity Growth 8.98%
InvestSMART Diversified Property and Infrastructure 8.67%
Intelligent Investor Equity Income 8.64%
InvestSMART Growth 8.42%
InvestSMART Balanced 6.84%
InvestSMART Conservative 5.41%
InvestSMART Hybrid Income 5.37%
Intelligent Investor Australian Small Companies Fund 5.27%
InvestSMART Interest Income 3.90%