Alexander Fixed Income Ordinary - Managed Fund

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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 0.26 0.36 2.5 - - - - -
Growth return 0.26 0.35 2.39 - - - - -
Income return 0 0.01 0.11 - - - - -
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.51 3.54 7.53 11.2 7.46 4.68 5.3 6.12
As as 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Alexander Fixed Income Ordinary
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
88.45%
Australian Equities
3.82%
International Equities
0.11%
Cash
7.41%
Property
0.07%
Alternatives
0.13%

General Information

Fund Details
Type Description
Alexander Fixed Income Ordinary
Equity Trustees Limited (BNP)
ETL2805AU
Bonds - Australia
Not Rated
Investment Fund
7 Dec 2018
$60.2 million (as at 18 Sep 2019)
$1.04146 (as at 18 Sep 2019)
$1.03938 (as at 18 Sep 2019)
Fund Objective
The fund aims to provide cleints with a consistent income stream and stable unit price by investing in a diversified portfolio of primarily, investment grade, Australasian fixed income credit assets.
Fund Strategy
The Investment Manager applies a Relative Value Trading approach to identifying opportunities in the fixed income credit markets and an overall hedging strategy that looks to protect against systemic shocks to the markets. The portfolio targets a Credit Duration range of positive five years to negative two years and an Interest Rate Duration range of positive two years to negative two years. This means that the portfolio can be short both credit risk and interest rate risk. The fund may use derivatives for both investment and hedging purposes.
Offer information
Type Description
Minimum initial investment $25,000
Minimum additional investments $10,000.00

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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.25%
InvestSMART High Growth 9.13%
Intelligent Investor Equity Growth 8.98%
InvestSMART Diversified Property and Infrastructure 8.67%
Intelligent Investor Equity Income 8.64%
InvestSMART Growth 8.42%
InvestSMART Balanced 6.84%
InvestSMART Conservative 5.41%
InvestSMART Hybrid Income 5.37%
Intelligent Investor Australian Small Companies Fund 5.27%
InvestSMART Interest Income 3.90%