Bentham Syndicated Loan - Managed Fund

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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 -0.23 0.29 1.24 1.44 3.41 5.07 4.89 8.44
Growth return -0.58 -0.8 -1.04 -3.26 -1.51 -0.08 -0.46 0.73
Income return 0.35 1.09 2.28 4.7 4.92 5.15 5.35 7.71
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.08 0.34 0.82 1.82 1.84 1.81 2.03 2.96
As as 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Bentham Syndicated Loan
International Equities
0.81%
Cash
8.32%
Fixed Interest
90.87%
Alternatives
0%
Average Allocation of Peers
International Equities
0.02%
Cash
51.17%
Fixed Interest
48.72%
Alternatives
0.08%

General Information

Fund Details
Type Description
Bentham Syndicated Loan
Fidante Partners Limited
CSA0046AU
High Yield Credit
starstarstarstar (as at 31 Aug 2019)
Investment Fund
12 Aug 2004
$3158.41 million (as at 30 Aug 2019)
$1 (as at 16 Sep 2019)
$0.9926 (as at 16 Sep 2019)
Fund Objective
The Fund aims to achieve investment returns above its benchmark over the suggested minimum investment timeframe.
Fund Strategy
The Fund is actively managed and aims to provide investors with exposure to high yielding investments primarily through the US syndicated loan market (noninvestment grade securities) with limited exposure to US corporate debt securities that are rated below investment grade (high yield bonds) and collateralised debt obligations.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.84% (as at 30 Jun 2018)
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Mar 2019)

Holding (as at 31 Mar 2019) Type % of Portfolio
Caesars Resort Collection 01/11/2024 TL Bond - Corporate Bond 1.12%
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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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.25%
InvestSMART High Growth 9.13%
Intelligent Investor Equity Growth 8.98%
InvestSMART Diversified Property and Infrastructure 8.67%
Intelligent Investor Equity Income 8.64%
InvestSMART Growth 8.42%
InvestSMART Balanced 6.84%
InvestSMART Conservative 5.41%
InvestSMART Hybrid Income 5.37%
Intelligent Investor Australian Small Companies Fund 5.27%
InvestSMART Interest Income 3.90%

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