InvestSMART

Columbia Management Credit - Managed Fund (Closed)

Fund Objective
The Fund seeks to achieve a total return being made up predominantly of income with some capital growth.
Fund Strategy
Investments of the Fund include global corporate bonds, cash, and derivatives, for example US Treasury futures and forward foreign exchange contracts. At the time of purchase, no more than 20% of all securities in the Fund may be of below investment grade credit rating, or if unrated, determined by Columbia Management to be of comparable quality.

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% 1.41% 2.61% -% -% -% -% -%
Growth return 0% 1.41% 2.61% -% -% -% -% -%
Income return 0% 0% 0% -% -% -% -% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.75% 1.93% 2.33% 4.78% 6.56% 4.35% -0.42% 1.97%
As at 31 Dec 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Columbia Management Credit
Cash
4.09%
Fixed Interest
95.91%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.38%
Fixed Interest
92.47%
Australian Equities
0.04%
International Equities
0%
Alternatives
2.11%

General Information

Fund Details
Type Description
Columbia Management Credit
Closed
Certitude Global Investments Ltd
HFL0035AU
Bonds - Global
Not Rated
Investment Fund
15 Apr 2013
$10.36 million (as at 31 Jan 2014)
$0.9969 (as at 21 Jan 2014)
$0.9949 (as at 21 Jan 2014)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.71% (as at 30 Jun 2013)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Dec 2013)

Holding (as at 31 Dec 2013) Type % of Portfolio
Duke Engy Corp New 3.55% Bond - Corporate Bond 2.96%
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FAQs about the Columbia Management Credit

The objective of the Columbia Management Credit managed fund is The Fund seeks to achieve a total return being made up predominantly of income with some capital growth.

The strategy of the Columbia Management Credit managed fund is Investments of the Fund include global corporate bonds, cash, and derivatives, for example US Treasury futures and forward foreign exchange contracts. At the time of purchase, no more than 20% of all securities in the Fund may be of below investment grade credit rating, or if unrated, determined by Columbia Management to be of comparable quality.

The APIR code of the Columbia Management Credit managed fund is HFL0035AU.

Columbia Management Credit’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 Dec 2013.

Columbia Management Credit’s total return for the last three months was 1.41%. This was made up of a growth return of 1.41% and an income return of 0%%. These returns were calculated as at 31 Dec 2013.

Columbia Management Credit’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2013.

Columbia Management Credit’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2013.

The asset allocation of the Columbia Management Credit managed fund is :

Cash
4.09%
Fixed Interest
95.91%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Columbia Management Credit managed fund is Certitude Global Investments Ltd.

The Columbia Management Credit managed fund belongs to the Bonds - Global sector/asset class.

As at 31 Jan 2014, the size of the Columbia Management Credit managed fund was $10.36 million.

The Columbia Management Credit managed fund has an inception date of 15 Apr 2013.

The current entry price of the Columbia Management Credit managed fund is $0.9969 per unit and the current exit price is $0.9949 per unit (as at 21 Jan 2014).

The current exit price of the Columbia Management Credit managed fund is $0.9949 per unit and the current entry price is $0.9969 per unit (as at 21 Jan 2014).

The minimum initial investment amount for the Columbia Management Credit managed fund is $5,000. Minimum additional investment is $1000.

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.