General Information

Austock Imp Bd-Schroder Credit Secs
Austock Life Limited
ALL0007AU
Multi-Strategy Income
Not Rated
n/a
Not Rated
Managed Funds
13 Aug 2004
$7.12 million (as at 31 Jan 2017)
$1.2588 (as at 20 Feb 2017)
$1.2588 (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 0.26 0.79 1.35 3.53 1.27 1.42 2.49 0.13
Growth return 0.26 0.79 1.35 3.53 1.27 1.42 2.49 0.13
Income return 0 0 0 0 0 0 0 0

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

Total return 0.22 0.82 1.26 2.27 1.85 1.46 2.24 0.99

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 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

Morningstar The data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit www.morningstar.com.au

© Copyright Morningstar Australasia Pty Ltd 2009 ABN 95 090 665 544 (Morningstar), AFSL 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

Further managed funds data is provided by Standard & Poor's Information Services and is subject to the following disclaimers.

* Dates for historical returns vary from fund to fund