General Information

Austock Imp Bd-Schroder Credit Secs
Austock Life Limited
ALL0007AU
Multi-Strategy Income
Not Rated
Investment Fund
13 Aug 2004
$7.14 million (as at 31 May 2017)
$1.2669 (as at 20 Jun 2017)
$1.2669 (as at 20 Jun 2017)

Fund performance (31 May 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 0.24 0.6 1.31 2.54 1.39 1.28 2.34 0.02
Growth return 0.24 0.6 1.31 2.54 1.39 1.28 2.34 0.02
Income return 0 0 0 0 0 0 0 0

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

Total return 1.17 2.38 3 2.5 3.56 4.85 4.48 6.28
Your data is being crunched

Fund Performance Comparison

This fund is benchmarked against the {{ selectedModel.benchmark.name }} index.

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

Returns {{ fund.name }} Peers Benchmark {{ selectedModel.name }} Peers Fees InvestSMART's Fees
1 Month {{ fund.returns.return1Month | percentage:2 }} {{ selectedModel.benchmark.peers.returns.return1Month | percentage:2 }} {{ selectedModel.benchmark.index.returns.return1Month | percentage:2 }} {{ selectedModel.stats.returns.return1Month | percentage:2 }} {{ selectedModel.benchmark.peers.mer | percentage:2 }} {{ selectedModel.stats.mer | percentage:2 }}
3 Months {{ fund.returns.return3Month | percentage:2 }} {{ selectedModel.benchmark.peers.returns.return3Month | percentage:2 }} {{ selectedModel.benchmark.index.returns.return3Month | percentage:2 }} {{ selectedModel.stats.returns.return3Month | percentage:2 }} {{ selectedModel.benchmark.peers.mer | percentage:2 }} {{ selectedModel.stats.mer | percentage:2 }}
6 Months {{ fund.returns.return6Month | percentage:2 }} {{ selectedModel.benchmark.peers.returns.return6Month | percentage:2 }} {{ selectedModel.benchmark.index.returns.return6Month | percentage:2 }} {{ selectedModel.stats.returns.return6Month | percentage:2 }} {{ selectedModel.benchmark.peers.mer | percentage:2 }} {{ selectedModel.stats.mer | percentage:2 }}
1 Year {{ fund.returns.return1Year | percentage:2 }} {{ selectedModel.benchmark.peers.returns.return1Year | percentage:2 }} {{ selectedModel.benchmark.index.returns.return1Year | percentage:2 }} {{ selectedModel.stats.returns.return1Year | percentage:2 }} {{ selectedModel.benchmark.peers.mer | percentage:2 }} {{ selectedModel.stats.mer | percentage:2 }}
3 Years {{ fund.returns.return3Year | percentage:2 }} {{ selectedModel.benchmark.peers.returns.return3Year | percentage:2 }} {{ selectedModel.benchmark.index.returns.return3Year | percentage:2 }} {{ selectedModel.stats.returns.return3Year | percentage:2 }} {{ selectedModel.benchmark.peers.mer | percentage:2 }} {{ selectedModel.stats.mer | percentage:2 }}
5 Years {{ fund.returns.return5Year | percentage:2 }} {{ selectedModel.benchmark.peers.returns.return5Year | percentage:2 }} {{ selectedModel.benchmark.index.returns.return5Year | percentage:2 }} {{ selectedModel.stats.returns.return5Year | percentage:2 }} {{ selectedModel.benchmark.peers.mer | percentage:2 }} {{ selectedModel.stats.mer | percentage:2 }}
10 Years {{ fund.returns.return10Year | percentage:2 }} {{ selectedModel.benchmark.peers.returns.return10Year | percentage:2 }} {{ selectedModel.benchmark.index.returns.return10Year | percentage:2 }} {{ selectedModel.stats.returns.return10Year | percentage:2 }} {{ selectedModel.benchmark.peers.mer | percentage:2 }} {{ selectedModel.stats.mer | percentage:2 }}

Relative Fund Performance

Asset Allocation (31 May 2017)

Australian Equities 61.92%
International Equities 0%
Cash 6.32%
Property 0%
Fixed Interest 0%
Alternatives 31.76%
Asset Allocation

Objectives and Strategy

To outperform the RBA Cash Rate after fees over the medium term.
The Schroder Credit Securities Fund is an active strategy that predominantly invests in corporate bonds and other credit securities. The Fund seeks diversity by investing across the corporate capital structure, geographically and across the credit ratings spectrum. The Fund also has the flexibility to invest in cash and other debt securities (such as government bonds) to help preserve capital during downturns in the credit cycle.

Offer information

Standard entry fee 4%
Indirect Cost Ratio (ICR) 0.91% (as at 30 Nov 2016)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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. 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.