General Information

ANZ OA TAP-Kapstream Abs Ret Income NE
OnePath Custodians Pty Limited
ANZ0914AU
Multi-Strategy Income
starstar (as at 31 Dec 2009)
Bronze
Not Rated
Retirement
19 Sep 2005
$0.19 million (as at 31 Jan 2017)
$1.1687 (as at 20 Feb 2017)
$1.1687 (as at 20 Feb 2017)

Fund performance (31 Jan 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 0.2 -0.09 0.26 1.22 0.79 1.45 4.53 0.83
Growth return 0.2 -0.09 0.26 1.22 0.79 1.45 4.53 0.83
Income return 0 0 0 0 0 0 0 0

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

Total return 0.57 1.82 3.79 6.6 2.37 2.27 2.71 3.18

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

Total return 0.61 -1.01 -2.08 2.3 2.25 4.89 5.05 6.18

Asset Allocation (31 Jan 2017)

Australian Equities 0%
International Equities 0%
Cash -0.07%
Property 0%
Fixed Interest 100.07%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund aims to generate monthly income in excess of that available from short-term money market securities and cash rates. The Fund aims to achieve a total return of 1.70% p.a. in excess of the Bloomberg AusBond Bank Bill IndexSM before fees over the medium term (3 years).
To achieve its objective, the Fund invests in longer dated floating rate instruments and fixed rate instruments swapped back to floating rate exposures and international debt securities (hedged in Australian Dollars) swapped back to domestic floating rate exposures.

Offer information

Indirect Cost Ratio (ICR) 2.44% (as at 30 Jun 2011)
Minimum initial investment $1,000.00
Minimum additional investments $100.00
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2017)

Holding Type % of Portfolio
State Str FRN Bond - Corporate Bond 3.66%
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* Dates for historical returns vary from fund to fund