InvestSMART

BT Global Credit - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a return (before fees and expenses) that exceeds the UBS Bank Bill Index over a rolling 3 year period.
Fund Strategy
The Fund invests in domestic and international securities. These may include direct or indirect holdings of bank, government, corporate, fixed and floating rate securities as well as structured and securitised products. Derivatives such as futures, swaps and options can be used where appropriate. Any international currency and interest rate exposures will be hedged back to the Australian Dollar to the extent considered reasonably practicable.

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 0.39% 1.13% 1.97% 2.79% 4.26% 11.58% -% -%
Growth return 0.39% 1.13% 1.97% 2.79% 1.98% 8.7% -% -%
Income return 0% 0% 0% 0% 2.28% 2.88% -% -%
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 30 Apr 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Global Credit
Australian Equities
85.81%
Cash
14.19%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
0.06%
Cash
5.27%
International Equities
0.01%
Property & Infrastructure
0%
Fixed Interest
92.50%
Alternatives
2.17%

General Information

Fund Details
Type Description
BT Global Credit (Wholesale)
Closed
BT Investment Management Ltd
BTA0319AU
Diversified Credit
starstarstar (as at 30 Apr 2012)
Investment Fund
1 May 2007
$2.74 million (as at 30 Sep 2010)
$0.9327 (as at 28 May 2012)
$0.9312 (as at 28 May 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.24% (as at 30 Jun 2011)
Minimum initial investment $500,000

FAQs about the BT Global Credit

The objective of the BT Global Credit managed fund is The Fund aims to provide a return (before fees and expenses) that exceeds the UBS Bank Bill Index over a rolling 3 year period.

The strategy of the BT Global Credit managed fund is The Fund invests in domestic and international securities. These may include direct or indirect holdings of bank, government, corporate, fixed and floating rate securities as well as structured and securitised products. Derivatives such as futures, swaps and options can be used where appropriate. Any international currency and interest rate exposures will be hedged back to the Australian Dollar to the extent considered reasonably practicable.

The APIR code of the BT Global Credit managed fund is BTA0319AU.

BT Global Credit’s total return last month was 0.39%. This was made up of a growth return of 0.39% and an income return of 0%. These returns were calculated as at 30 Apr 2012.

BT Global Credit’s total return for the last three months was 1.13%. This was made up of a growth return of 1.13% and an income return of 0%%. These returns were calculated as at 30 Apr 2012.

BT Global Credit’s one-year total return is 2.79%. This was made up of a growth return of 2.79% and an income return of 0%. These returns were calculated as at 30 Apr 2012.

BT Global Credit’s one-year total return is 11.58%. This was made up of a growth return of 8.7% and an income return of 2.88%. These returns were calculated as at 30 Apr 2012.

The asset allocation of the BT Global Credit managed fund is :

Australian Equities
85.81%
Cash
14.19%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the BT Global Credit managed fund is BT Investment Management Ltd.

The BT Global Credit managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Sep 2010, the size of the BT Global Credit managed fund was $2.74 million.

The BT Global Credit managed fund has an inception date of 1 May 2007.

The current entry price of the BT Global Credit managed fund is $0.9327 per unit and the current exit price is $0.9312 per unit (as at 28 May 2012).

The current exit price of the BT Global Credit managed fund is $0.9312 per unit and the current entry price is $0.9327 per unit (as at 28 May 2012).

The minimum initial investment amount for the BT Global Credit managed fund is $500,000.

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.