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Advance International Fixed Interest Multi-blend - Managed Fund (Closed)

Fund Objective
To provide a source of income from international fixed interest exposure with a total investment return (before fees and taxes) that outperforms the benchmark over periods of three years or longer.
Fund Strategy
The Fund invests in a wide range of fixed interest securities and investments, such as government, corporate and typically other international fixed interest securities.

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 -0.6% -0.61% 0.39% -2% -6.79% -4.36% -0.83% 1%
Growth return -2.43% -2.19% -1.79% 3.86% 4.23% 2.14% 2.83% -%
Income return 1.83% 1.58% 2.18% -5.86% -11.02% -6.5% -3.66% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -0.23% 0.69% 1.72% 4.42% 3.32% 3.98% -0.59% 1.95%
As at 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance International Fixed Interest Multi-blend
International Equities
0%
Cash
-11.06%
Fixed Interest
111.05%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
International Equities
-0.16%
Cash
4.86%
Fixed Interest
92.61%
Australian Equities
0.04%
Property & Infrastructure
0.27%
Alternatives
2.37%

General Information

Fund Details
Type Description
Advance International Fixed Interest Multi-blend
Closed
Advance Asset Management Limited
ADV0088AU
Bonds - Global
starstar (as at 31 Jul 2023)
Investment Fund
18 May 2004
$0.13 million (as at 31 Mar 2021)
$0.8785 (as at 5 Sep 2023)
$0.8785 (as at 5 Sep 2023)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 1.22% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR) 1.22% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $5,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Euro Bobl Germany (Eur) Jun 23 Bond - Treasury Future 1.88%
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FAQs about the Advance International Fixed Interest Multi-blend

The objective of the Advance International Fixed Interest Multi-blend managed fund is To provide a source of income from international fixed interest exposure with a total investment return (before fees and taxes) that outperforms the benchmark over periods of three years or longer.

The strategy of the Advance International Fixed Interest Multi-blend managed fund is The Fund invests in a wide range of fixed interest securities and investments, such as government, corporate and typically other international fixed interest securities.

The APIR code of the Advance International Fixed Interest Multi-blend managed fund is ADV0088AU.

Advance International Fixed Interest Multi-blend’s total return last month was -0.6%. This was made up of a growth return of -2.43% and an income return of 1.83%. These returns were calculated as at 31 Aug 2023.

Advance International Fixed Interest Multi-blend’s total return for the last three months was -0.61%. This was made up of a growth return of -2.19% and an income return of 1.58%%. These returns were calculated as at 31 Aug 2023.

Advance International Fixed Interest Multi-blend’s one-year total return is -2%. This was made up of a growth return of 3.86% and an income return of -5.86%. These returns were calculated as at 31 Aug 2023.

Advance International Fixed Interest Multi-blend’s one-year total return is -4.36%. This was made up of a growth return of 2.14% and an income return of -6.5%. These returns were calculated as at 31 Aug 2023.

The asset allocation of the Advance International Fixed Interest Multi-blend managed fund is :

International Equities
0%
Cash
-11.06%
Fixed Interest
111.05%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Advance International Fixed Interest Multi-blend managed fund is Advance Asset Management Limited.

The Advance International Fixed Interest Multi-blend managed fund belongs to the Bonds - Global sector/asset class.

As at 31 Mar 2021, the size of the Advance International Fixed Interest Multi-blend managed fund was $0.13 million.

The Advance International Fixed Interest Multi-blend managed fund has an inception date of 18 May 2004.

The current entry price of the Advance International Fixed Interest Multi-blend managed fund is $0.8785 per unit and the current exit price is $0.8785 per unit (as at 5 Sep 2023).

The current exit price of the Advance International Fixed Interest Multi-blend managed fund is $0.8785 per unit and the current entry price is $0.8785 per unit (as at 5 Sep 2023).

The minimum initial investment amount for the Advance International Fixed Interest Multi-blend managed fund is $5,000. Minimum additional investment is $500.

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.