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Advance Defensive Yield Multi-blend - Managed Fund (Closed)

Fund Objective
To provide returns of 2% pa after fees above the benchmark (UBS Australia Bank Bill Index) over the short to medium term.
Fund Strategy
The Fund invests in a diversified mix of fixed interest, cash and cash equivalent securities and instruments in both Australian and international markets, with an emphasis on liquidity and capital stability regardless of the overall direction of fixed interest and cash markets.

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 0.34% 0.96% 1.56% 2.35% -1.39% -0.3% 0.54% 1.53%
Growth return -0.63% 0.06% 0.3% -% -% -% -% -%
Income return 0.97% 0.9% 1.26% -% -% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -0.88% -0.42% 0.62% 4.35% 4.76% 3.22% -0.36% 2.13%
As at 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Defensive Yield Multi-blend
Cash
1.72%
Fixed Interest
98.28%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.35%
Fixed Interest
92.71%
Australian Equities
0.63%
International Equities
0%
Property & Infrastructure
0.13%
Alternatives
0.18%

General Information

Fund Details
Type Description
Advance Defensive Yield Multi-blend
Closed
Advance Asset Management Limited
ADV0173AU
Unconstrained Fixed Income
starstar (as at 31 Jul 2023)
Investment Fund
5 Oct 2012
$65.03 million (as at 31 Dec 2021)
n/a
$0.962 (as at 5 Sep 2023)
Finalised
Offer information
Type Description
MER 0.66% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR) 0.57% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Casselberry Fla Util Sys 3.48% Muni Bond - Unspecified 1.66%
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FAQs about the Advance Defensive Yield Multi-blend

The objective of the Advance Defensive Yield Multi-blend managed fund is To provide returns of 2% pa after fees above the benchmark (UBS Australia Bank Bill Index) over the short to medium term.

The strategy of the Advance Defensive Yield Multi-blend managed fund is The Fund invests in a diversified mix of fixed interest, cash and cash equivalent securities and instruments in both Australian and international markets, with an emphasis on liquidity and capital stability regardless of the overall direction of fixed interest and cash markets.

The APIR code of the Advance Defensive Yield Multi-blend managed fund is ADV0173AU.

Advance Defensive Yield Multi-blend’s total return last month was 0.34%. This was made up of a growth return of -0.63% and an income return of 0.97%. These returns were calculated as at 31 Aug 2023.

Advance Defensive Yield Multi-blend’s total return for the last three months was 0.96%. This was made up of a growth return of 0.06% and an income return of 0.9%%. These returns were calculated as at 31 Aug 2023.

Advance Defensive Yield Multi-blend’s one-year total return is 2.35%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2023.

Advance Defensive Yield Multi-blend’s one-year total return is -0.3%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2023.

The asset allocation of the Advance Defensive Yield Multi-blend managed fund is :

Cash
1.72%
Fixed Interest
98.28%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Advance Defensive Yield Multi-blend managed fund is Advance Asset Management Limited.

The Advance Defensive Yield Multi-blend managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 Dec 2021, the size of the Advance Defensive Yield Multi-blend managed fund was $65.03 million.

The Advance Defensive Yield Multi-blend managed fund has an inception date of 5 Oct 2012.

The current entry price of the Advance Defensive Yield Multi-blend managed fund is $ per unit and the current exit price is $0.962 per unit (as at 5 Sep 2023).

The current exit price of the Advance Defensive Yield Multi-blend managed fund is $0.962 per unit and the current entry price is $ per unit (as at 5 Sep 2023).

The minimum initial investment amount for the Advance Defensive Yield Multi-blend managed fund is $5,000. 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.