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  5. Asteron OPS - BlackRock Monthly Income - Managed fund profile

Asteron OPS - BlackRock Monthly Income - Managed Fund (Closed)

Fund Objective
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).
Fund Strategy
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.

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 0.01% 1.28% 2.52% 6.42% 3.4% 3.6% 7.26% 3.48%
Growth return 0.01% 1.28% 2.52% 6.42% 3.4% 3.6% 7.26% 3.48%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.49% 1.25% 1.39% 2.84% 4.39% 2.5% -0.63% 1.95%
As at 30 Apr 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Asteron OPS - BlackRock Monthly Income
Cash
10.57%
Fixed Interest
89.43%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.43%
Fixed Interest
92.34%
Australian Equities
0.06%
International Equities
0.01%
Property & Infrastructure
0%
Alternatives
2.17%

General Information

Fund Details
Type Description
Asteron OPS - BlackRock Monthly Income
Closed
Suncorp Portfolio Services Limited
RSA0437AU
Diversified Credit
starstarstar (as at 30 Apr 2017)
Superannuation Fund
11 Dec 2006
$0 million (as at 30 Apr 2017)
$1.4476 (as at 29 May 2017)
$1.4447 (as at 29 May 2017)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 0.51% (as at 11 Dec 2006)
Indirect Cost Ratio (ICR) 0.55% (as at 30 Jun 2013)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Nov 2018)

Holding (as at 30 Nov 2018) Type % of Portfolio
Aud Cash(Alpha Committed) Cash - Currency 99.50%
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FAQs about the Asteron OPS - BlackRock Monthly Income

The objective of the Asteron OPS - BlackRock Monthly Income managed fund is 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).

The strategy of the Asteron OPS - BlackRock Monthly Income managed fund is 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.

The APIR code of the Asteron OPS - BlackRock Monthly Income managed fund is RSA0437AU.

Asteron OPS - BlackRock Monthly Income’s total return last month was 0.01%. This was made up of a growth return of 0.01% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

Asteron OPS - BlackRock Monthly Income’s total return for the last three months was 1.28%. This was made up of a growth return of 1.28% and an income return of 0%%. These returns were calculated as at 30 Apr 2017.

Asteron OPS - BlackRock Monthly Income’s one-year total return is 6.42%. This was made up of a growth return of 6.42% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

Asteron OPS - BlackRock Monthly Income’s one-year total return is 3.6%. This was made up of a growth return of 3.6% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

The asset allocation of the Asteron OPS - BlackRock Monthly Income managed fund is :

Cash
10.57%
Fixed Interest
89.43%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Asteron OPS - BlackRock Monthly Income managed fund is Suncorp Portfolio Services Limited.

The Asteron OPS - BlackRock Monthly Income managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Apr 2017, the size of the Asteron OPS - BlackRock Monthly Income managed fund was $0 million.

The Asteron OPS - BlackRock Monthly Income managed fund has an inception date of 11 Dec 2006.

The current entry price of the Asteron OPS - BlackRock Monthly Income managed fund is $1.4476 per unit and the current exit price is $1.4447 per unit (as at 29 May 2017).

The current exit price of the Asteron OPS - BlackRock Monthly Income managed fund is $1.4447 per unit and the current entry price is $1.4476 per unit (as at 29 May 2017).

The minimum initial investment amount for the Asteron OPS - BlackRock Monthly Income managed fund is $0. Minimum additional investment is $0.

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.