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BNY Mellon Standish Global Bond Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to maximize the total investment return while realizing a market level of income that is consistent with preserving both the principal investment and maintaining liquidity. The Fund seeks to outperform the Benchmark hedged (80% to 120%) back to Australian dollars.
Fund Strategy
The Fund focuses on identifying undervalued government bond markets, currencies, sectors and securities rather than solely interest rate forecasting. The Fund looks for fixed income securities with the most potential for added value, such as those involving the potential for credit upgrades, unique structural characteristics or innovative features.

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 -4.06% -1.26% -4.18% -1.89% 1.82% 1.65% 2.38% -%
Growth return -4.06% -1.32% -4.35% -2.59% 1.45% 0.93% -0.22% -%
Income return 0% 0.06% 0.17% 0.7% 0.37% 0.72% 2.6% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.68% 1.02% 2.53% 2.44% 5.72% 3.96% -0.57% 1.94%
As at 31 Jul 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BNY Mellon Standish Global Bond Fund
Cash
1.89%
Fixed Interest
98.11%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.27%
Fixed Interest
92.50%
Australian Equities
0.06%
International Equities
0.01%
Property & Infrastructure
0%
Alternatives
2.17%

General Information

Fund Details
Type Description
BNY Mellon Standish Global Bond Fund (Wholesale)
Closed
Equity Trustees Ltd
ETL0306AU
Bonds - Global
star (as at 31 Jul 2020)
Investment Fund
28 Mar 2014
n/a
$1.03745 (as at 10 Aug 2020)
$1.03486 (as at 10 Aug 2020)
Finalised
Offer information
Type Description
MER 0.50% (as at 27 Feb 2019)
Indirect Cost Ratio (ICR) 0.23% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment $50,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 30 Nov 2019)

Holding (as at 30 Nov 2019) Type % of Portfolio
United States Treasury Bills 0% Bond - Gov't/Treasury 6.93%
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FAQs about the BNY Mellon Standish Global Bond Fund

The objective of the BNY Mellon Standish Global Bond Fund managed fund is The Fund aims to maximize the total investment return while realizing a market level of income that is consistent with preserving both the principal investment and maintaining liquidity. The Fund seeks to outperform the Benchmark hedged (80% to 120%) back to Australian dollars.

The strategy of the BNY Mellon Standish Global Bond Fund managed fund is The Fund focuses on identifying undervalued government bond markets, currencies, sectors and securities rather than solely interest rate forecasting. The Fund looks for fixed income securities with the most potential for added value, such as those involving the potential for credit upgrades, unique structural characteristics or innovative features.

The APIR code of the BNY Mellon Standish Global Bond Fund managed fund is ETL0306AU.

BNY Mellon Standish Global Bond Fund’s total return last month was -4.06%. This was made up of a growth return of -4.06% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

BNY Mellon Standish Global Bond Fund’s total return for the last three months was -1.26%. This was made up of a growth return of -1.32% and an income return of 0.06%%. These returns were calculated as at 31 Jul 2020.

BNY Mellon Standish Global Bond Fund’s one-year total return is -1.89%. This was made up of a growth return of -2.59% and an income return of 0.7%. These returns were calculated as at 31 Jul 2020.

BNY Mellon Standish Global Bond Fund’s one-year total return is 1.65%. This was made up of a growth return of 0.93% and an income return of 0.72%. These returns were calculated as at 31 Jul 2020.

The asset allocation of the BNY Mellon Standish Global Bond Fund managed fund is :

Cash
1.89%
Fixed Interest
98.11%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the BNY Mellon Standish Global Bond Fund managed fund is Equity Trustees Ltd.

The BNY Mellon Standish Global Bond Fund managed fund belongs to the Bonds - Global sector/asset class.

As at , the size of the BNY Mellon Standish Global Bond Fund managed fund was $ million.

The BNY Mellon Standish Global Bond Fund managed fund has an inception date of 28 Mar 2014.

The current entry price of the BNY Mellon Standish Global Bond Fund managed fund is $1.03745 per unit and the current exit price is $1.03486 per unit (as at 10 Aug 2020).

The current exit price of the BNY Mellon Standish Global Bond Fund managed fund is $1.03486 per unit and the current entry price is $1.03745 per unit (as at 10 Aug 2020).

The minimum initial investment amount for the BNY Mellon Standish Global Bond Fund managed fund is $50,000. Minimum additional investment is $10000.

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.