General Information

Advance Defensive Yield Multi-Blend
Advance Asset Management Limited
ADV0173AU
Multi-Strategy Income
starstar (as at 31 Oct 2015)
Managed Funds
5 Oct 2012
$42.49 million (as at 28 Feb 2017)
$1.0339 (as at 21 Mar 2017)
$1.0323 (as at 21 Mar 2017)

Fund performance (28 Feb 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.29 0.87 0.92 3.34 1.37 2.49 - -
Growth return 0.29 0.28 0.14 -0.76 -1.12 -0.29 - -
Income return 0 0.59 0.78 4.1 2.49 2.78 - -

Morningstar index (Mstar PG ITr Multi-Strategy Income Idx)

Total return 0.66 2.13 2.76 7.86 2.78 3.03 4.17 4.28

Market index (Bloomberg AusBond Composite 0+Y TR AUD)

Total return 0.17 0.61 -2.32 1.43 2.19 4.83 5.13 6.08

Asset Allocation (28 Feb 2017)

Australian Equities 0%
International Equities 0%
Cash 15.02%
Property 0%
Fixed Interest 84.98%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To provide returns of 2% pa after fees above the benchmark (UBS Australia Bank Bill Index) over the short to medium term.
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.

Offer information

Indirect Cost Ratio (ICR) 0.58% (as at 30 Jun 2016)
Performance fee 0.03
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2016)

Holding Type % of Portfolio
Irs Aud Bbr 1.7274% 08jun17 Interest Rate Swap 197.53%
Login now to view the complete list of holdings.

Morningstar The data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit www.morningstar.com.au

© Copyright Morningstar Australasia Pty Ltd 2009 ABN 95 090 665 544 (Morningstar), AFSL 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

Further managed funds data is provided by Standard & Poor's Information Services and is subject to the following disclaimers.

* Dates for historical returns vary from fund to fund