Alpha Diversified Income - Managed Fund

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Fund Performance Comparison

This fund is benchmarked against the {{ }} index.

This fund's fees are: {{ mer | percentage:2 }}

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

{{ }} Average
Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

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 -0.41 0.07 -0.39 0.17 1.38 1.77 2.57 -
Growth return -0.41 -0.01 -0.63 -0.78 -0.66 -0.44 -0.31 -
Income return 0 0.08 0.24 0.95 2.04 2.21 2.88 -

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

Total return 0.69 1.18 0.68 1.67 2.09 2.93 4.07 6.07

Asset Allocation (31 May 2018)

Australian Equities 0%
International Equities 0%
Cash 9.41%
Property 0%
Fixed Interest 90.59%
Alternatives 0%
Asset Allocation

General Information

Alpha Diversified Income
Equity Trustees Ltd
Multi-Strategy Income
starstar (as at 31 May 2018)
Investment Fund
5 Feb 2013
$38.67 million (as at 31 May 2018)
$1.0155 (as at 18 Jun 2018)
$1.0155 (as at 18 Jun 2018)

Objectives and Strategy

The fund seeks to outperform the Benchmark over rolling 3 to 5 year periods.
The Fund generally gains its investment exposure by investing in underlying funds that provide exposure to a well-diversified portfolio of Australian and international fixed interest managers. The underlying fixed interest investments include a range of funds that invest in international and domestic bonds, corporate debt and asset backed securities. The underlying investment managers may utilise strategies for managing currency exposure.

Offer information

Indirect Cost Ratio (ICR) 0.92% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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