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  5. Firstmac High Livez Wholesale - Managed fund profile

Firstmac High Livez Wholesale - Managed Fund

Fund Objective
The Trust aims to provide stable monthly income returns from a diversified portfolio of Asset-Backed Securities supplemented by a small allocation towards Short Term Money Market Securities.
Fund Strategy
The Trust will seek to achieve its investment objective by mainly investing in medium term Asset-Backed Securities (ABS) with a minimum assessment of Investment Grade (refer to the Glossary). The Trust will invest in Australian dollar denominated RMBS and Auto ABS issued by Australian issuers with underlying Australian residential mortgage or automobile security collateral.

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 1.08% 2.27% 4.35% 8.47% 5.55% 4.56% 4.34% 4.59%
Growth return 0.97% 1.43% 1.6% 2.26% 0.8% 0.38% 0.32% 0.14%
Income return 0.11% 0.84% 2.75% 6.21% 4.75% 4.18% 4.02% 4.45%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.81% -0.31% 5.1% 2.53% -1.56% -2.38% -% 2.33%
As at 29 Feb 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Firstmac High Livez Wholesale
Cash
21.38%
Fixed Interest
78.62%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
9.24%
Fixed Interest
89.84%
Australian Equities
0.34%
International Equities
0.10%
Property
0.02%
Alternatives
0.47%

General Information

Fund Details
Type Description
Firstmac High Livez Wholesale (Wholesale)
Perpetual Trust Services Limited
PER0697AU
Diversified Credit
starstarstarstarstar (as at 30 Sep 2023)
Investment Fund
31 May 2012
$17.19 million (as at 31 Aug 2023)
$1.0638 (as at 31 Mar 2024)
$1.0638 (as at 31 Mar 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.34% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Hl Pro 1-2021 Ab Bond - Non-Agency RMBS 6.58%
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FAQs about the Firstmac High Livez Wholesale

The objective of the Firstmac High Livez Wholesale managed fund is The Trust aims to provide stable monthly income returns from a diversified portfolio of Asset-Backed Securities supplemented by a small allocation towards Short Term Money Market Securities.

The strategy of the Firstmac High Livez Wholesale managed fund is The Trust will seek to achieve its investment objective by mainly investing in medium term Asset-Backed Securities (ABS) with a minimum assessment of Investment Grade (refer to the Glossary). The Trust will invest in Australian dollar denominated RMBS and Auto ABS issued by Australian issuers with underlying Australian residential mortgage or automobile security collateral.

The APIR code of the Firstmac High Livez Wholesale managed fund is PER0697AU.

Firstmac High Livez Wholesale’s total return last month was 1.08%. This was made up of a growth return of 0.97% and an income return of 0.11%. These returns were calculated as at 29 Feb 2024.

Firstmac High Livez Wholesale’s total return for the last three months was 2.27%. This was made up of a growth return of 1.43% and an income return of 0.84%%. These returns were calculated as at 29 Feb 2024.

Firstmac High Livez Wholesale’s one-year total return is 8.47%. This was made up of a growth return of 2.26% and an income return of 6.21%. These returns were calculated as at 29 Feb 2024.

Firstmac High Livez Wholesale’s one-year total return is 4.56%. This was made up of a growth return of 0.38% and an income return of 4.18%. These returns were calculated as at 29 Feb 2024.

The asset allocation of the Firstmac High Livez Wholesale managed fund is :

Cash
21.38%
Fixed Interest
78.62%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Firstmac High Livez Wholesale managed fund is Perpetual Trust Services Limited.

The Firstmac High Livez Wholesale managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Aug 2023, the size of the Firstmac High Livez Wholesale managed fund was $17.19 million.

The Firstmac High Livez Wholesale managed fund has an inception date of 31 May 2012.

The current entry price of the Firstmac High Livez Wholesale managed fund is $1.0638 per unit and the current exit price is $1.0638 per unit (as at 31 Mar 2024).

The current exit price of the Firstmac High Livez Wholesale managed fund is $1.0638 per unit and the current entry price is $1.0638 per unit (as at 31 Mar 2024).

The minimum initial investment amount for the Firstmac High Livez Wholesale managed fund is $10,000. 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.