InvestSMART

Commonwealth Bond Fund - Managed Fund

Fund Objective
To provide returns (income and capital growth) that are potentially higher, but more variable, than cash investments over the medium term. Suggested investment time horizon is 2-3 years.
Fund Strategy
The fund seeks to invest in a variety of Australian government and semi-government bonds. It may also invest in securities issued by other approved governments, banks, or corporations with a high credit standing. Asset allocation ranges: Australian bonds 10-97.5%, cash 2.5-90%.

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 0.82% -0.65% 0.17% 3.35% 2.04% -2.69% -0.79% 0.95%
Growth return 0.82% -0.65% 0.17% 3.35% 2.04% -2.76% -2.33% -1.29%
Income return 0% 0% 0% 0% 0% 0.07% 1.54% 2.24%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.1% 0.4% 3.04% 4.09% 5.59% 4.25% -0.23% 2.12%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Commonwealth Bond Fund
Cash
1.40%
Fixed Interest
98.60%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.12%
Fixed Interest
92.93%
Australian Equities
0.62%
International Equities
0.01%
Property & Infrastructure
0.13%
Alternatives
0.19%

General Information

Fund Details
Type Description
Commonwealth Bond Fund
Colonial First State Investments Limited
COM0011AU
Bonds - Australia
starstar (as at 30 Jun 2024)
Investment Fund
19 Jan 1990
$7.04 million (as at 31 Mar 2024)
n/a
$1.0255 (as at 30 Jun 2024)
Suppressed
Offer information
Type Description
MER 1.50% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 1.50% (as at 30 Jun 2011)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

FAQs about the Commonwealth Bond Fund

The objective of the Commonwealth Bond Fund managed fund is To provide returns (income and capital growth) that are potentially higher, but more variable, than cash investments over the medium term. Suggested investment time horizon is 2-3 years.

The strategy of the Commonwealth Bond Fund managed fund is The fund seeks to invest in a variety of Australian government and semi-government bonds. It may also invest in securities issued by other approved governments, banks, or corporations with a high credit standing. Asset allocation ranges: Australian bonds 10-97.5%, cash 2.5-90%.

The APIR code of the Commonwealth Bond Fund managed fund is COM0011AU.

Commonwealth Bond Fund’s total return last month was 0.82%. This was made up of a growth return of 0.82% and an income return of 0%. These returns were calculated as at 30 Jun 2024.

Commonwealth Bond Fund’s total return for the last three months was -0.65%. This was made up of a growth return of -0.65% and an income return of 0%%. These returns were calculated as at 30 Jun 2024.

Commonwealth Bond Fund’s one-year total return is 3.35%. This was made up of a growth return of 3.35% and an income return of 0%. These returns were calculated as at 30 Jun 2024.

Commonwealth Bond Fund’s one-year total return is -2.69%. This was made up of a growth return of -2.76% and an income return of 0.07%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the Commonwealth Bond Fund managed fund is :

Cash
1.40%
Fixed Interest
98.60%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Commonwealth Bond Fund managed fund is Colonial First State Investments Limited.

The Commonwealth Bond Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Mar 2024, the size of the Commonwealth Bond Fund managed fund was $7.04 million.

The Commonwealth Bond Fund managed fund has an inception date of 19 Jan 1990.

The current entry price of the Commonwealth Bond Fund managed fund is $ per unit and the current exit price is $1.0255 per unit (as at 30 Jun 2024).

The current exit price of the Commonwealth Bond Fund managed fund is $1.0255 per unit and the current entry price is $ per unit (as at 30 Jun 2024).

The minimum initial investment amount for the Commonwealth Bond Fund managed fund is $5,000. Minimum additional investment is $0.

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.