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  5. County Direct - Australian Bond Units - Managed fund profile

County Direct - Australian Bond Units - Managed Fund (Closed)

Fund Objective
To outperform the return of the Australian bond market by 1% pa, before fees, over the short- to medium-term (1-3 years). Benchmark for the Fund is UBSWA Composite Bond Index.
Fund Strategy
Invests in County Fixed Interest Trust which will give access to Australian fixed interest investments, that are rated at least investment grade by a recognised agency. No one security can comprise greater than 10% of the portfolio. Investment ranges: Commonwealth Government (0-benchmark 30), semi-government (0-benchmark 30), corporates (0-benchmark 30). May use derivatives.

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 -0.04% 3.2% 1.72% 7.82% 5.76% 2.26% -% -%
Growth return -0.04% 3.2% -3.74% 2.04% -0.17% -1.6% -% -%
Income return 0% 0% 5.46% 5.78% 5.93% 3.86% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 30 Sep 2001. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

County Direct - Australian Bond Units
Cash
-6.50%
Fixed Interest
106.50%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.60%
Fixed Interest
92.48%
Australian Equities
0.62%
International Equities
0.02%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
County Direct - Australian Bond Units (Wholesale)
Closed
County Investment Management Limited
CNA0021AU
Bonds - Australia
Not Rated
Investment Fund
10 Feb 1998
n/a
$0.9519 (as at 5 Oct 2001)
$0.9499 (as at 5 Oct 2001)
Finalised
Offer information
Type Description
MER 0.61% (as at 30 Jun 2000)
Minimum initial investment $100,000

FAQs about the County Direct - Australian Bond Units

The objective of the County Direct - Australian Bond Units managed fund is To outperform the return of the Australian bond market by 1% pa, before fees, over the short- to medium-term (1-3 years). Benchmark for the Fund is UBSWA Composite Bond Index.

The strategy of the County Direct - Australian Bond Units managed fund is Invests in County Fixed Interest Trust which will give access to Australian fixed interest investments, that are rated at least investment grade by a recognised agency. No one security can comprise greater than 10% of the portfolio. Investment ranges: Commonwealth Government (0-benchmark + 30), semi-government (0-benchmark + 30), corporates (0-benchmark + 30). May use derivatives.

The APIR code of the County Direct - Australian Bond Units managed fund is CNA0021AU.

County Direct - Australian Bond Units’s total return last month was -0.04%. This was made up of a growth return of -0.04% and an income return of 0%. These returns were calculated as at 30 Sep 2001.

County Direct - Australian Bond Units’s total return for the last three months was 3.2%. This was made up of a growth return of 3.2% and an income return of 0%%. These returns were calculated as at 30 Sep 2001.

County Direct - Australian Bond Units’s one-year total return is 7.82%. This was made up of a growth return of 2.04% and an income return of 5.78%. These returns were calculated as at 30 Sep 2001.

County Direct - Australian Bond Units’s one-year total return is 2.26%. This was made up of a growth return of -1.6% and an income return of 3.86%. These returns were calculated as at 30 Sep 2001.

The asset allocation of the County Direct - Australian Bond Units managed fund is :

Cash
-6.50%
Fixed Interest
106.50%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the County Direct - Australian Bond Units managed fund is County Investment Management Limited.

The County Direct - Australian Bond Units managed fund belongs to the Bonds - Australia sector/asset class.

As at , the size of the County Direct - Australian Bond Units managed fund was $ million.

The County Direct - Australian Bond Units managed fund has an inception date of 10 Feb 1998.

The current entry price of the County Direct - Australian Bond Units managed fund is $0.9519 per unit and the current exit price is $0.9499 per unit (as at 5 Oct 2001).

The current exit price of the County Direct - Australian Bond Units managed fund is $0.9499 per unit and the current entry price is $0.9519 per unit (as at 5 Oct 2001).

The minimum initial investment amount for the County Direct - Australian Bond Units managed fund is $100,000.

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.