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  5. Bentham Advantage Global Income - Managed fund profile

Bentham Advantage Global Income - Managed Fund (Closed)

Fund Objective
The Fund invests in global credit and fixed interest markets. The Fund's investments include, but are not limited to, Australian and global hybrid securities, global high yield bonds, global syndicated loans, investment grade securities, global capital securities, asset backed securities, equities and derivatives. The Fund uses derivatives as a risk management tool, including currency swaps, interest rate swaps and credit default swaps.
Fund Strategy
The Fund aims to provide exposure to global credit markets and to generate income with some potential for capital growth over the medium to long term. The Fund aims to outperform its composite benchmark over the suggested minimum investment timeframe.

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 0.81% 2.74% 9.34% 3.04% 1.66% 2.68% -% -%
Growth return 0.45% 1.6% 7.37% -0.42% -3% -1.6% -% -%
Income return 0.36% 1.14% 1.97% 3.46% 4.66% 4.28% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.12% 1.03% 4.85% 1.47% 0.91% -1.29% 0.17% 2.59%
As at 31 Oct 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Bentham Advantage Global Income
International Equities
0.27%
Cash
13.17%
Fixed Interest
86.56%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0.12%
Cash
3.02%
Fixed Interest
96%
Australian Equities
0.54%
Property
0%
Alternatives
0.32%

General Information

Fund Details
Type Description
Bentham Advantage Global Income (Wholesale)
Closed
IPAC Asset Management Limited
AMP2068AU
Unconstrained Fixed Income
starstarstar (as at 30 Nov 2020)
Investment Fund
11 Feb 2016
n/a
$1.05832 (as at 3 Dec 2020)
$1.04569 (as at 3 Dec 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.62% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Australia (Commonwealth of) 4.75% Bond - Gov't/Treasury 1.62%
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FAQs about the Bentham Advantage Global Income

The objective of the Bentham Advantage Global Income managed fund is The Fund invests in global credit and fixed interest markets. The Fund's investments include, but are not limited to, Australian and global hybrid securities, global high yield bonds, global syndicated loans, investment grade securities, global capital securities, asset backed securities, equities and derivatives. The Fund uses derivatives as a risk management tool, including currency swaps, interest rate swaps and credit default swaps.

The strategy of the Bentham Advantage Global Income managed fund is The Fund aims to provide exposure to global credit markets and to generate income with some potential for capital growth over the medium to long term. The Fund aims to outperform its composite benchmark over the suggested minimum investment timeframe.

The APIR code of the Bentham Advantage Global Income managed fund is AMP2068AU.

Bentham Advantage Global Income’s total return last month was 0.81%. This was made up of a growth return of 0.45% and an income return of 0.36%. These returns were calculated as at 31 Oct 2020.

Bentham Advantage Global Income’s total return for the last three months was 2.74%. This was made up of a growth return of 1.6% and an income return of 1.14%%. These returns were calculated as at 31 Oct 2020.

Bentham Advantage Global Income’s one-year total return is 3.04%. This was made up of a growth return of -0.42% and an income return of 3.46%. These returns were calculated as at 31 Oct 2020.

Bentham Advantage Global Income’s one-year total return is 2.68%. This was made up of a growth return of -1.6% and an income return of 4.28%. These returns were calculated as at 31 Oct 2020.

The asset allocation of the Bentham Advantage Global Income managed fund is :

International Equities
0.27%
Cash
13.17%
Fixed Interest
86.56%
Australian Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Bentham Advantage Global Income managed fund is IPAC Asset Management Limited.

The Bentham Advantage Global Income managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at , the size of the Bentham Advantage Global Income managed fund was $ million.

The Bentham Advantage Global Income managed fund has an inception date of 11 Feb 2016.

The current entry price of the Bentham Advantage Global Income managed fund is $1.05832 per unit and the current exit price is $1.04569 per unit (as at 3 Dec 2020).

The current exit price of the Bentham Advantage Global Income managed fund is $1.04569 per unit and the current entry price is $1.05832 per unit (as at 3 Dec 2020).

The minimum initial investment amount for the Bentham Advantage Global Income managed fund is $500,000. Minimum additional investment is $5000.

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.