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  5. Absolute Capital - Yield Strategies Fund Wholesale - Managed fund profile

Absolute Capital - Yield Strategies Fund Wholesale - Managed Fund (Closed)

Fund Objective
To preserve capital while delivering returns in excess of both the USB Warburg Bank Bill Index and the USB Warburg Composite Bond Index.
Fund Strategy
To use securitisation technology to access the income streams from income producing assets, while at the same time increasing the certainty of that cash flow by diversifying across different asset types. The fund invests in structured debt securities both globally and within Australia.

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. 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 1.74% -0.62% 0.57% 1.73% 5.24% -% -% -%
Growth return 1.74% -0.62% 0.57% -15.47% -12.24% -% -% -%
Income return 0% 0% 0% 17.2% 17.48% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 Jan 2004. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Absolute Capital - Yield Strategies Fund Wholesale
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
22.40%
Australian Equities
3.95%
International Equities
6.74%
Cash
44.79%
Property & Infrastructure
1.44%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
Absolute Capital - Yield Strategies Fund Wholesale (Wholesale)
Closed
Absolute Capital Limited
ABS0004AU
Miscellaneous
Not Rated
Investment Fund
1 Jun 2001
$78.52 million (as at 31 Jan 2004)
$0.8229 (as at 31 Jan 2004)
$0.8228 (as at 31 Jan 2004)
Finalised
Offer information
Type Description
MER 2.21% (as at 30 Jun 2002)
Minimum initial investment $100,000

FAQs about the Absolute Capital - Yield Strategies Fund Wholesale

The objective of the Absolute Capital - Yield Strategies Fund Wholesale managed fund is To preserve capital while delivering returns in excess of both the USB Warburg Bank Bill Index and the USB Warburg Composite Bond Index.

The strategy of the Absolute Capital - Yield Strategies Fund Wholesale managed fund is To use securitisation technology to access the income streams from income producing assets, while at the same time increasing the certainty of that cash flow by diversifying across different asset types. The fund invests in structured debt securities both globally and within Australia.

The APIR code of the Absolute Capital - Yield Strategies Fund Wholesale managed fund is ABS0004AU.

Absolute Capital - Yield Strategies Fund Wholesale’s total return last month was 1.74%. This was made up of a growth return of 1.74% and an income return of 0%. These returns were calculated as at 31 Jan 2004.

Absolute Capital - Yield Strategies Fund Wholesale’s total return for the last three months was -0.62%. This was made up of a growth return of -0.62% and an income return of 0%%. These returns were calculated as at 31 Jan 2004.

Absolute Capital - Yield Strategies Fund Wholesale’s one-year total return is 1.73%. This was made up of a growth return of -15.47% and an income return of 17.2%. These returns were calculated as at 31 Jan 2004.

Absolute Capital - Yield Strategies Fund Wholesale’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2004.

The asset allocation of the Absolute Capital - Yield Strategies Fund Wholesale managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Absolute Capital - Yield Strategies Fund Wholesale managed fund is Absolute Capital Limited.

The Absolute Capital - Yield Strategies Fund Wholesale managed fund belongs to the Miscellaneous sector/asset class.

As at 31 Jan 2004, the size of the Absolute Capital - Yield Strategies Fund Wholesale managed fund was $78.52 million.

The Absolute Capital - Yield Strategies Fund Wholesale managed fund has an inception date of 1 Jun 2001.

The current entry price of the Absolute Capital - Yield Strategies Fund Wholesale managed fund is $0.8229 per unit and the current exit price is $0.8228 per unit (as at 31 Jan 2004).

The current exit price of the Absolute Capital - Yield Strategies Fund Wholesale managed fund is $0.8228 per unit and the current entry price is $0.8229 per unit (as at 31 Jan 2004).

The minimum initial investment amount for the Absolute Capital - Yield Strategies Fund Wholesale managed fund is $100,000.

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.