InvestSMART

ActiveX Kapstream Absolute Return Income ETF - Managed Fund

Fund Objective
The Fund aims to provide a steady stream of income and capital stability over the medium term while aiming to outperform it's benchmark through market cycles.
Fund Strategy
Kapstream apply an innovative, flexible, and risk averse approach to fixed income portfolio management. Kapstream draws on information from many sources such as economic round tables, investment banks, brokers, rating agencies and central banks.

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 0.66% 1.4% 2.8% 5.63% 3.95% 2.28% -% -%
Growth return 0.66% 0.33% 0.64% 1.69% 0.27% -1.24% -% -%
Income return 0% 1.07% 2.16% 3.94% 3.68% 3.52% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD )
Total return 0.39% -0.5% 2.08% 0.87% 1.3% -2.09% -0.55% 2.2%
As at 31 May 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ActiveX Kapstream Absolute Return Income ETF
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
1.28%
International Equities
0.49%
Cash
3.70%
Property
0.11%
Fixed Interest
94.08%
Alternatives
0.34%

General Information

Fund Details
Type Description
ActiveX Kapstream Absolute Return Income ETF
Fidante Partners Limited
Unconstrained Fixed Income
starstarstar (as at 31 May 2024)
Investment Fund
10 Oct 2019
$10.5 million (as at 31 May 2024)
$96.9 (as at 30 Aug 2023)
$96.8 (as at 30 Aug 2023)
Open
Offer information
Type Description
MER 0.55% (as at 23 Nov 2023)
Indirect Cost Ratio (ICR) 0.55% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
AGI Finance Pty Limited Bond - Corporate Bond 3.29%
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FAQs about the ActiveX Kapstream Absolute Return Income ETF

The objective of the ActiveX Kapstream Absolute Return Income ETF managed fund is The Fund aims to provide a steady stream of income and capital stability over the medium term while aiming to outperform it's benchmark through market cycles.

The strategy of the ActiveX Kapstream Absolute Return Income ETF managed fund is Kapstream apply an innovative, flexible, and risk averse approach to fixed income portfolio management. Kapstream draws on information from many sources such as economic round tables, investment banks, brokers, rating agencies and central banks.

The APIR code of the ActiveX Kapstream Absolute Return Income ETF managed fund is .

ActiveX Kapstream Absolute Return Income ETF’s total return last month was 0.66%. This was made up of a growth return of 0.66% and an income return of 0%. These returns were calculated as at 31 May 2024.

ActiveX Kapstream Absolute Return Income ETF’s total return for the last three months was 1.4%. This was made up of a growth return of 0.33% and an income return of 1.07%%. These returns were calculated as at 31 May 2024.

ActiveX Kapstream Absolute Return Income ETF’s one-year total return is 5.63%. This was made up of a growth return of 1.69% and an income return of 3.94%. These returns were calculated as at 31 May 2024.

ActiveX Kapstream Absolute Return Income ETF’s one-year total return is 2.28%. This was made up of a growth return of -1.24% and an income return of 3.52%. These returns were calculated as at 31 May 2024.

The asset allocation of the ActiveX Kapstream Absolute Return Income ETF managed fund is :

Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the ActiveX Kapstream Absolute Return Income ETF managed fund is Fidante Partners Limited.

The ActiveX Kapstream Absolute Return Income ETF managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 May 2024, the size of the ActiveX Kapstream Absolute Return Income ETF managed fund was $10.5 million.

The ActiveX Kapstream Absolute Return Income ETF managed fund has an inception date of 10 Oct 2019.

The current entry price of the ActiveX Kapstream Absolute Return Income ETF managed fund is $96.9 per unit and the current exit price is $96.8 per unit (as at 30 Aug 2023).

The current exit price of the ActiveX Kapstream Absolute Return Income ETF managed fund is $96.8 per unit and the current entry price is $96.9 per unit (as at 30 Aug 2023).

The minimum initial investment amount for the ActiveX Kapstream Absolute Return Income ETF managed fund is $0.

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.