Aberdeen Australian Floating Return Income - Managed Fund

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Fund Performance Comparison

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Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.23 0.44 1.22 2.21 2.24 2.32 2.39 4.22
Growth return 0.03 -0.31 -0.16 -0.1 0.09 0.06 0.1 1.9
Income return 0.2 0.75 1.38 2.31 2.15 2.26 2.29 2.32

Market index (Bloomberg AusBond Composite 0+Y TR AUD)

Total return 0.69 1.18 0.68 1.67 2.09 2.93 4.07 6.07

Asset Allocation (31 May 2018)

Australian Equities 0%
International Equities 0%
Cash 24.04%
Property 0%
Fixed Interest 75.96%
Alternatives 0%
Asset Allocation

General Information

Aberdeen Australian Floating Return Income
Aberdeen Asset Management Ltd
Multi-Strategy Income
starstar (as at 31 May 2018)
Investment Fund
29 Aug 2003
$92.28 million (as at 31 May 2018)
$1.1999 (as at 18 Jun 2018)
$1.1987 (as at 18 Jun 2018)

Objectives and Strategy

To provide exposure to relatively low risk, high credit quality and highly liquid cash in addition to Australian and international fixed income securities, to generate income. The Fund aims to outperform the benchmark UBSA Bank Bill Index over the suggested investment time frame.
To focus on maintaining high credit quality and liquidity, and to actively add value through interest rate, credit and relative value strategies. The strategies involve both fundamental and model driven analysis and seek to exploit as many return generating opportunities as possible, enhancing risk diversification. The Fund may have a limited exposure to international fixed income securities.

Offer information

Indirect Cost Ratio (ICR) 0.39% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Mar 2018)

Holding Type % of Portfolio
Australia (Commonwealth of) 2.75% Bond - Gov't/Treasury 18.72%
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Data shown on this website is sourced by Morningstar
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