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  5. Access BlackRock Monthly Income - Managed fund profile

Access BlackRock Monthly Income - Managed Fund (Closed)

Fund Objective
To generate monthly income significantly in excess of that available from the short-term money market securities and cash rates.
Fund Strategy
Primarily through the management of credit exposure using research based knowledge, fundamental credit analysis and the requisite skill base to identify securities with superior risk-adjusted return characteristics.

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 0.48% 1.76% 2.03% 8.28% 2.02% 2.56% 5.8% 2.09%
Growth return 0.43% 1.22% 0.77% 5.31% -0.95% -0.64% 1.87% -3%
Income return 0.05% 0.54% 1.26% 2.97% 2.97% 3.2% 3.93% 5.09%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.49% 1.25% 1.39% 2.84% 4.39% 2.5% -0.63% 1.95%
As at 28 Feb 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Access BlackRock Monthly Income
Cash
10.57%
Fixed Interest
89.43%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.43%
Fixed Interest
92.34%
Australian Equities
0.06%
International Equities
0.01%
Property & Infrastructure
0%
Alternatives
2.17%

General Information

Fund Details
Type Description
Access BlackRock Monthly Income
Closed
Navigator Australia Limited
NUN0021AU
Diversified Credit
starstar (as at 28 Feb 2017)
Investment Fund
1 Aug 2005
$0.23 million (as at 28 Feb 2017)
$0.74359 (as at 15 Mar 2017)
$0.74359 (as at 15 Mar 2017)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.90% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.90% (as at 30 Jun 2015)
Minimum initial investment $3,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $500.00

Top 10 holdings (as at 30 Nov 2018)

Holding (as at 30 Nov 2018) Type % of Portfolio
Aud Cash(Alpha Committed) Cash - Currency 99.50%
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FAQs about the Access BlackRock Monthly Income

The objective of the Access BlackRock Monthly Income managed fund is To generate monthly income significantly in excess of that available from the short-term money market securities and cash rates.

The strategy of the Access BlackRock Monthly Income managed fund is Primarily through the management of credit exposure using research based knowledge, fundamental credit analysis and the requisite skill base to identify securities with superior risk-adjusted return characteristics.

The APIR code of the Access BlackRock Monthly Income managed fund is NUN0021AU.

Access BlackRock Monthly Income’s total return last month was 0.48%. This was made up of a growth return of 0.43% and an income return of 0.05%. These returns were calculated as at 28 Feb 2017.

Access BlackRock Monthly Income’s total return for the last three months was 1.76%. This was made up of a growth return of 1.22% and an income return of 0.54%%. These returns were calculated as at 28 Feb 2017.

Access BlackRock Monthly Income’s one-year total return is 8.28%. This was made up of a growth return of 5.31% and an income return of 2.97%. These returns were calculated as at 28 Feb 2017.

Access BlackRock Monthly Income’s one-year total return is 2.56%. This was made up of a growth return of -0.64% and an income return of 3.2%. These returns were calculated as at 28 Feb 2017.

The asset allocation of the Access BlackRock Monthly Income managed fund is :

Cash
10.57%
Fixed Interest
89.43%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Access BlackRock Monthly Income managed fund is Navigator Australia Limited.

The Access BlackRock Monthly Income managed fund belongs to the Diversified Credit sector/asset class.

As at 28 Feb 2017, the size of the Access BlackRock Monthly Income managed fund was $0.23 million.

The Access BlackRock Monthly Income managed fund has an inception date of 1 Aug 2005.

The current entry price of the Access BlackRock Monthly Income managed fund is $0.74359 per unit and the current exit price is $0.74359 per unit (as at 15 Mar 2017).

The current exit price of the Access BlackRock Monthly Income managed fund is $0.74359 per unit and the current entry price is $0.74359 per unit (as at 15 Mar 2017).

The minimum initial investment amount for the Access BlackRock Monthly Income managed fund is $3,000. Minimum additional investment is $1000.

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.