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  5. Acadian Defensive Income - Class A - Managed fund profile

Acadian Defensive Income - Class A - Managed Fund

Fund Objective
To provide returns in excess of the RBA Cash Rate over rolling three-year periods before fees and taxes; with a relatively low degree of volatility. This will be achieved by combining cash and short duration fixed interest investments with long and short Australian equity holdings chosen using Acadian's equity process. Sophisticated portfolio construction techniques will be used to implement this in a way that limits equity market exposure.
Fund Strategy
The strategy adopts an active approach to managing a portfolio of money market and fixed income securities along with stocks listed on the ASX. Most assets will invest in short duration; high quality money market securities. The fund seeks to enhance returns by taking long and short positions in securities generally listed on the ASX. Acadian will dynamically manage the long/short component; with the net exposure close to 0%. The long/short structure aims to minimise equity risk whilst benefiting from franking credits and Acadian's models.

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 1.23% 2.21% 5.91% 9.65% 10.9% 8.6% 5.42% 3.4%
Growth return 1.23% -0.43% 1.38% 1.91% 3.48% 1.92% 1.07% 0.02%
Income return 0% 2.64% 4.53% 7.74% 7.42% 6.68% 4.35% 3.38%
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 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Acadian Defensive Income - Class A
Australian Equities
3.15%
International Equities
1.25%
Cash
40.61%
Property & Infrastructure
-0.75%
Fixed Interest
55.74%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.94%
International Equities
6.69%
Cash
44.85%
Property & Infrastructure
1.44%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
Acadian Defensive Income - Class A
Colonial First State Investments Limited
FSF0973AU
Alternative - Other
star (as at 31 Mar 2015)
Investment Fund
19 Dec 2008
$8.54 million (as at 31 Aug 2025)
$0.9878 (as at 10 Sep 2025)
$0.9858 (as at 10 Sep 2025)
Open
Offer information
Type Description
MER 0.46% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR) 0.46% (as at 30 Jun 2025)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2017)

Holding (as at 31 Jan 2017) Type % of Portfolio
Orica Ltd Equity 798.12%
Login now to view the complete list of holdings.

FAQs about the Acadian Defensive Income - Class A

The objective of the Acadian Defensive Income - Class A managed fund is To provide returns in excess of the RBA Cash Rate over rolling three-year periods before fees and taxes; with a relatively low degree of volatility. This will be achieved by combining cash and short duration fixed interest investments with long and short Australian equity holdings chosen using Acadian's equity process. Sophisticated portfolio construction techniques will be used to implement this in a way that limits equity market exposure.

The strategy of the Acadian Defensive Income - Class A managed fund is The strategy adopts an active approach to managing a portfolio of money market and fixed income securities along with stocks listed on the ASX. Most assets will invest in short duration; high quality money market securities. The fund seeks to enhance returns by taking long and short positions in securities generally listed on the ASX. Acadian will dynamically manage the long/short component; with the net exposure close to 0%. The long/short structure aims to minimise equity risk whilst benefiting from franking credits and Acadian's models.

The APIR code of the Acadian Defensive Income - Class A managed fund is FSF0973AU.

Acadian Defensive Income - Class A’s total return last month was 1.23%. This was made up of a growth return of 1.23% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Acadian Defensive Income - Class A’s total return for the last three months was 2.21%. This was made up of a growth return of -0.43% and an income return of 2.64%%. These returns were calculated as at 31 Aug 2025.

Acadian Defensive Income - Class A’s one-year total return is 9.65%. This was made up of a growth return of 1.91% and an income return of 7.74%. These returns were calculated as at 31 Aug 2025.

Acadian Defensive Income - Class A’s one-year total return is 8.6%. This was made up of a growth return of 1.92% and an income return of 6.68%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Acadian Defensive Income - Class A managed fund is :

Australian Equities
3.15%
International Equities
1.25%
Cash
40.61%
Property & Infrastructure
-0.75%
Fixed Interest
55.74%
Alternatives
0%

The Responsible Entity for the Acadian Defensive Income - Class A managed fund is Colonial First State Investments Limited.

The Acadian Defensive Income - Class A managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Aug 2025, the size of the Acadian Defensive Income - Class A managed fund was $8.54 million.

The Acadian Defensive Income - Class A managed fund has an inception date of 19 Dec 2008.

The current entry price of the Acadian Defensive Income - Class A managed fund is $0.9878 per unit and the current exit price is $0.9858 per unit (as at 10 Sep 2025).

The current exit price of the Acadian Defensive Income - Class A managed fund is $0.9858 per unit and the current entry price is $0.9878 per unit (as at 10 Sep 2025).

The minimum initial investment amount for the Acadian Defensive Income - Class A managed fund is $20,000.

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.