FirstMac High Livez - Managed Fund

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.fees * 100 | 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.

Don't let high fees kill your returns

The {{ modelPortfolio.name }} portfolio has fair and transparent fees to help you keep more money in your pocket.

View our Fund

Don't let high fees kill your returns

Build a diversified portfolio to match your needs with our range of low cost investment options.

View our funds

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.29 1.63 2.86 5.06 4.55 4.8 4.61 -
Growth return -0.01 0.64 0.71 0.55 0.06 0.35 -0.02 -
Income return 0.3 0.99 2.15 4.51 4.49 4.45 4.63 -
Market index (BBgBarc Global Aggregate TR Hdg AUD)
Total return -0.56 2.34 - 9.81 5.25 3.66 4.96 6.47
As as 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FirstMac High Livez
Cash
27.57%
Fixed Interest
72.43%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.35%
Fixed Interest
92.94%
Australian Equities
0.02%
International Equities
0.45%
Alternatives
0.24%

General Information

Fund Details
Type Description
FirstMac High Livez
Perpetual Trust Services Limited
PER0561AU
Diversified Credit
starstarstarstar (as at 31 Jul 2018)
Investment Fund
16 Dec 2010
$38.79 million (as at 31 Aug 2019)
$1.0569 (as at 31 Aug 2019)
$1.0569 (as at 31 Aug 2019)
Fund Objective
The Trust aims to provide stable monthly income returns from a diversified portfolio of Asset-Backed Securities and Short Term Money Market Securities. The Trust generally suits investors with a medium term investment horizon of 3 to 5 years.
Fund Strategy
The Trust will seek to achieve its investment objective by mainly investing in Asset-Backed securities which will be medium term residential mortgage backed securities ('RMBS') with a minimum A rating. The Trust will invest in Australian dollar denominated RMBS issued by Australian issuers with underlying Australian residential mortgage collateral. The Trust will also invest in Short Term Money Market Securities.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.60% (as at 30 Jun 2011)
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Jul 2019)

Holding (as at 31 Jul 2019) Type % of Portfolio
Liquid Bond - Bank Loans 14.33%
Login now to view the complete list of holdings.

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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

Compare your fund
Underperforming
81%^

Underperform the industry standard benchmarks

Compare your fund

Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%