InvestSMART

ANZ Enhanced Yield Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the Bloomberg AusBond Bank Bill Index (before fees, charges and taxes) over periods of one year or more.
Fund Strategy
The Fund is an actively managed portfolio of high quality short-term deposits & securities, floating rate notes (FRN's) and investment grade hybrids. The Fund may also invest in investment grade longer dated fixed income securities when the manager is confident that these investments will achieve a superior risk adjusted return when compared to the RBA cash rate.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.7% -1.53% 0.35% 4.33% 6.51% 5.62% 4.16% 3.22%
Growth return 1.7% -4.16% -3.89% -2.23% 0.77% 0.03% -0.23% -0.13%
Income return 0% 2.63% 4.24% 6.56% 5.74% 5.59% 4.39% 3.35%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.1% 0.4% 3.04% 4.09% 5.59% 4.25% -0.23% 2.12%
As at 31 May 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ANZ Enhanced Yield Fund
International Equities
1.91%
Cash
43.74%
Fixed Interest
54.35%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0.01%
Cash
6.47%
Fixed Interest
92.62%
Australian Equities
0.63%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
ANZ Enhanced Yield Fund
Closed
OnePath Funds Management Limited
MMF2133AU
Bonds - Australia
starstarstarstarstar (as at 31 May 2025)
Investment Fund
23 Jul 2014
$734.52 million (as at 30 Apr 2022)
$0.9753 (as at 12 Jun 2025)
$0.9753 (as at 12 Jun 2025)
Finalised
Offer information
Type Description
MER 0% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments $10,000.00

Top 10 holdings (as at 31 Jan 2022)

Holding (as at 31 Jan 2022) Type % of Portfolio
Incitec Pivot Ltd 4.3% Bond - Corporate Bond 0.99%
Login now to view the complete list of holdings.

FAQs about the ANZ Enhanced Yield Fund

The objective of the ANZ Enhanced Yield Fund managed fund is The Fund aims to outperform the Bloomberg AusBond Bank Bill Index (before fees, charges and taxes) over periods of one year or more.

The strategy of the ANZ Enhanced Yield Fund managed fund is The Fund is an actively managed portfolio of high quality short-term deposits & securities, floating rate notes (FRN's) and investment grade hybrids. The Fund may also invest in investment grade longer dated fixed income securities when the manager is confident that these investments will achieve a superior risk adjusted return when compared to the RBA cash rate.

The APIR code of the ANZ Enhanced Yield Fund managed fund is MMF2133AU.

ANZ Enhanced Yield Fund’s total return last month was 1.7%. This was made up of a growth return of 1.7% and an income return of 0%. These returns were calculated as at 31 May 2025.

ANZ Enhanced Yield Fund’s total return for the last three months was -1.53%. This was made up of a growth return of -4.16% and an income return of 2.63%%. These returns were calculated as at 31 May 2025.

ANZ Enhanced Yield Fund’s one-year total return is 4.33%. This was made up of a growth return of -2.23% and an income return of 6.56%. These returns were calculated as at 31 May 2025.

ANZ Enhanced Yield Fund’s one-year total return is 5.62%. This was made up of a growth return of 0.03% and an income return of 5.59%. These returns were calculated as at 31 May 2025.

The asset allocation of the ANZ Enhanced Yield Fund managed fund is :

International Equities
1.91%
Cash
43.74%
Fixed Interest
54.35%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the ANZ Enhanced Yield Fund managed fund is OnePath Funds Management Limited.

The ANZ Enhanced Yield Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at 30 Apr 2022, the size of the ANZ Enhanced Yield Fund managed fund was $734.52 million.

The ANZ Enhanced Yield Fund managed fund has an inception date of 23 Jul 2014.

The current entry price of the ANZ Enhanced Yield Fund managed fund is $0.9753 per unit and the current exit price is $0.9753 per unit (as at 12 Jun 2025).

The current exit price of the ANZ Enhanced Yield Fund managed fund is $0.9753 per unit and the current entry price is $0.9753 per unit (as at 12 Jun 2025).

The minimum initial investment amount for the ANZ Enhanced Yield Fund managed fund is $0. Minimum additional investment is $10000.

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.