FirstMac High Livez - Managed Fund

Fund Performance Comparison

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

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Benchmark ({{ }})
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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

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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 0.31 0.88 1.82 4.77 4.6 4.53 4.6 -
Growth return 0.03 -0.04 0 0.65 0.29 0.06 0.06 -
Income return 0.28 0.92 1.82 4.12 4.31 4.47 4.54 -
Market index (BBgBarc Global Aggregate TR Hdg AUD)
Total return 1.81 1.32 2.69 8.09 5.69 4.86 4.13 6.32
As as 31 Jan 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FirstMac High Livez
Fixed Interest
Australian Equities
International Equities
Average Allocation of Peers
Fixed Interest
Australian Equities
International Equities

General Information

Fund Details
Type Description
FirstMac High Livez
Perpetual Trust Services Limited
Diversified Credit
starstarstarstar (as at 31 Jul 2018)
Investment Fund
16 Dec 2010
$46.02 million (as at 31 Jan 2020)
$1.0568 (as at 31 Jan 2020)
$1.0568 (as at 31 Jan 2020)
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 Jan 2020)

Holding (as at 31 Jan 2020) Type % of Portfolio
Hl Bond 4-2016 B Bond - Bank Loans 14.72%
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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.

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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%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 12.66%
Intelligent Investor Equity Growth 10.56%
InvestSMART High Growth 10.06%
Intelligent Investor Australian Small Companies Fund 9.92%
InvestSMART Growth 8.99%
InvestSMART Property and Infrastructure 8.88%
Intelligent Investor Equity Income 8.65%
InvestSMART Balanced 7.22%
InvestSMART Conservative 5.50%
InvestSMART Hybrid Income 4.54%
InvestSMART Interest Income 3.51%