Aberdeen Std Australian Floating Rate 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 -0.05 0.26 0.29 1.19 1.73 2.02 2.06 4.14
Growth return -0.13 0.01 -0.34 -0.78 -0.31 -0.06 -0.06 1.98
Income return 0.08 0.25 0.63 1.97 2.04 2.08 2.12 2.16
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -0.49 0.52 4.28 10.06 6.52 4.86 4.97 5.95
As as 31 Mar 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Aberdeen Std Australian Floating Rate Income
Cash
49.45%
Fixed Interest
50.55%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.91%
Fixed Interest
89.05%
Australian Equities
3.72%
International Equities
0.11%
Property
0.07%
Alternatives
0.14%

General Information

Fund Details
Type Description
Aberdeen Std Australian Floating Rate Income
Closed
Aberdeen Asset Management Ltd
CSA0029AU
Multi-Strategy Income
star (as at 31 Mar 2019)
Investment Fund
29 Aug 2003
$69.34 million (as at 31 Mar 2019)
$1.1937 (as at 15 Apr 2019)
$1.1925 (as at 15 Apr 2019)
Fund Objective
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.
Fund Strategy
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
Type Description
Indirect Cost Ratio (ICR) 0.37% (as at 30 Jun 2019)
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Mar 2019)

Holding (as at 31 Mar 2019) Type % of Portfolio
Irs Pay Fixed 2.275% Aud-Bbr 18/12/2020 Bnp 4006674 Interest Rate Swap 138.19%
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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 5,494 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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81%^

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.29%
Intelligent Investor Equity Growth 10.08%
InvestSMART High Growth 9.09%
Intelligent Investor Equity Income 8.77%
InvestSMART Diversified Property and Infrastructure 8.45%
InvestSMART Growth 8.27%
Intelligent Investor Australian Small Companies Fund 7.52%
InvestSMART Balanced 6.67%
InvestSMART Conservative 5.18%
InvestSMART Hybrid Income 4.42%
InvestSMART Interest Income 3.48%