InvestSMART

Fiducian Structured Income - Managed Fund (Closed)

Fund Objective
The objective is to exceed the benchmark (after fees) by 2.5% over rolling 3-year periods.
Fund Strategy
The fund consists of a blend of managed funds that invests in a diversified blend of mortgages, subordinated (mezzanine) debt, other high yield securities, loans and some cash. The objective is to deliver a higher return than cash or a mortgage trust, over a three-year time horizon. The underlying investments in mortgage trusts are loans to borrowers for commercial and residential properties and are predominantly on a first charge basis.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.64% 1.98% 0.96% -2.64% -2.28% -1.89% 0.08% -%
Growth return -85.17% -89.58% -89.68% -97.42% -86.2% -77.54% -63.44% -%
Income return 86.81% 91.56% 90.64% 94.78% 83.92% 75.65% 63.52% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.3% 0.91% 1.83% 3.89% 4.18% 4.12% 2.77% 2.12%
As at 31 May 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fiducian Structured Income
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
18.85%
Australian Equities
0.03%
International Equities
0%
Property & Infrastructure
0.88%
Fixed Interest
80.24%
Alternatives
0%

General Information

Fund Details
Type Description
Fiducian Structured Income (Wholesale)
Closed
Fiducian Group Ltd
FPS0012AU
Mortgages Aggressive
starstar (as at 28 Feb 2011)
Investment Fund
15 Mar 2006
$0.35 million (as at 31 May 2015)
$0.0062 (as at 18 Jun 2015)
$0.0062 (as at 18 Jun 2015)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.08% (as at 30 Jun 2012)
Minimum initial investment $50,000
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Fiducian Structured Income

The objective of the Fiducian Structured Income managed fund is The objective is to exceed the benchmark (after fees) by 2.5% over rolling 3-year periods.

The strategy of the Fiducian Structured Income managed fund is The fund consists of a blend of managed funds that invests in a diversified blend of mortgages, subordinated (mezzanine) debt, other high yield securities, loans and some cash. The objective is to deliver a higher return than cash or a mortgage trust, over a three-year time horizon. The underlying investments in mortgage trusts are loans to borrowers for commercial and residential properties and are predominantly on a first charge basis.

The APIR code of the Fiducian Structured Income managed fund is FPS0012AU.

Fiducian Structured Income’s total return last month was 1.64%. This was made up of a growth return of -85.17% and an income return of 86.81%. These returns were calculated as at 31 May 2015.

Fiducian Structured Income’s total return for the last three months was 1.98%. This was made up of a growth return of -89.58% and an income return of 91.56%%. These returns were calculated as at 31 May 2015.

Fiducian Structured Income’s one-year total return is -2.64%. This was made up of a growth return of -97.42% and an income return of 94.78%. These returns were calculated as at 31 May 2015.

Fiducian Structured Income’s one-year total return is -1.89%. This was made up of a growth return of -77.54% and an income return of 75.65%. These returns were calculated as at 31 May 2015.

The asset allocation of the Fiducian Structured Income managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Fiducian Structured Income managed fund is Fiducian Group Ltd.

The Fiducian Structured Income managed fund belongs to the Mortgages Aggressive sector/asset class.

As at 31 May 2015, the size of the Fiducian Structured Income managed fund was $0.35 million.

The Fiducian Structured Income managed fund has an inception date of 15 Mar 2006.

The current entry price of the Fiducian Structured Income managed fund is $0.0062 per unit and the current exit price is $0.0062 per unit (as at 18 Jun 2015).

The current exit price of the Fiducian Structured Income managed fund is $0.0062 per unit and the current entry price is $0.0062 per unit (as at 18 Jun 2015).

The minimum initial investment amount for the Fiducian Structured Income managed fund is $50,000.

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.