Fixed Income Strategy 1 (FIS1) - Managed Fund (Closed)

Fund Objective

The Fund aims to provide a return, through a multi-manager fixed income strategy equivalent to the 3-Month Australian Financial Markets Association (AFMA) Bank Bill Swap Rate 1.50% per annum.

Fund Strategy

The Fund provides exposure to a diversified portfolio of fixed income securities managed directly or indirectly via pooled funds, by one or more selected investment managers. In addition the Fund may from time to time hold a minimal amount of cash or cash equivalents to cover day to day operating expenses.

Fund Performance Comparison

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Peers

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.06%	1.48%	2.56%	3.76%	-%	-%	-%	-%
Growth return	1.06%	1.46%	2.24%	2.44%	-%	-%	-%	-%
Income return	0%	0.02%	0.32%	1.32%	-%	-%	-%	-%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return	0.21%	-1.29%	-0.51%	3.2%	3.05%	2.85%	-0.31%	1.93%

As at 31 Jul 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Fixed Interest: 91.01%

Australian Equities: 0.58%

International Equities: 0%

Cash: 8.06%

Property & Infrastructure: 0.12%

Alternatives: 0.21%

General Information

Fund Details

Type	Description
Fund Name	Fixed Income Strategy 1 (FIS1)
Fund Status	Closed
Responsible Entity	Specialised Private Capital Limited
APIR Code	BEG7653AU
Sector/Asset Class	Bonds - Australia
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	13 Nov 2017
Fund Size	$300.36 million (as at 31 Jul 2019)
Entry Price	$1.0277 (as at 31 Jul 2019)
Exit Price	$1.0277 (as at 31 Jul 2019)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	0.41% (as at 30 Jun 2019)
Performance fee (not included in ICR)	0
Minimum initial investment	$5,000.00
Minimum additional investments	$5,000.00

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FAQs about the Fixed Income Strategy 1 (FIS1)

What is the objective of the Fixed Income Strategy 1 (FIS1) managed fund?

The objective of the Fixed Income Strategy 1 (FIS1) managed fund is The Fund aims to provide a return, through a multi-manager fixed income strategy equivalent to the 3-Month Australian Financial Markets Association (AFMA) Bank Bill Swap Rate + 1.50% per annum.

What is the strategy for the Fixed Income Strategy 1 (FIS1) managed fund?

The strategy of the Fixed Income Strategy 1 (FIS1) managed fund is The Fund provides exposure to a diversified portfolio of fixed income securities managed directly or indirectly via pooled funds, by one or more selected investment managers. In addition the Fund may from time to time hold a minimal amount of cash or cash equivalents to cover day to day operating expenses.

What is the APIR code of the Fixed Income Strategy 1 (FIS1) managed fund?

The APIR code of the Fixed Income Strategy 1 (FIS1) managed fund is BEG7653AU.

What was Fixed Income Strategy 1 (FIS1)’s total return last month?

Fixed Income Strategy 1 (FIS1)’s total return last month was 1.06%. This was made up of a growth return of 1.06% and an income return of 0%. These returns were calculated as at 31 Jul 2019.

What was Fixed Income Strategy 1 (FIS1)’s total return for the last three months?

Fixed Income Strategy 1 (FIS1)’s total return for the last three months was 1.48%. This was made up of a growth return of 1.46% and an income return of 0.02%%. These returns were calculated as at 31 Jul 2019.

What is Fixed Income Strategy 1 (FIS1)’s one-year total return?

Fixed Income Strategy 1 (FIS1)’s one-year total return is 3.76%. This was made up of a growth return of 2.44% and an income return of 1.32%. These returns were calculated as at 31 Jul 2019.

What is Fixed Income Strategy 1 (FIS1)’s three-year total return?

Fixed Income Strategy 1 (FIS1)’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2019.

What is the asset allocation of the Fixed Income Strategy 1 (FIS1) managed fund?

The asset allocation of the Fixed Income Strategy 1 (FIS1) managed fund is :

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the Fixed Income Strategy 1 (FIS1) managed fund?

The Responsible Entity for the Fixed Income Strategy 1 (FIS1) managed fund is Specialised Private Capital Limited.

What sector/asset class does the Fixed Income Strategy 1 (FIS1) managed fund belong to?

The Fixed Income Strategy 1 (FIS1) managed fund belongs to the Bonds - Australia sector/asset class.

What is the size of the Fixed Income Strategy 1 (FIS1) managed fund?

As at 31 Jul 2019, the size of the Fixed Income Strategy 1 (FIS1) managed fund was $300.36 million.

What is the inception date of the Fixed Income Strategy 1 (FIS1) managed fund?

The Fixed Income Strategy 1 (FIS1) managed fund has an inception date of 13 Nov 2017.

What is the current entry price of the Fixed Income Strategy 1 (FIS1) managed fund?

The current entry price of the Fixed Income Strategy 1 (FIS1) managed fund is $1.0277 per unit and the current exit price is $1.0277 per unit (as at 31 Jul 2019).

What is the current exit price of the Fixed Income Strategy 1 (FIS1) managed fund?

The current exit price of the Fixed Income Strategy 1 (FIS1) managed fund is $1.0277 per unit and the current entry price is $1.0277 per unit (as at 31 Jul 2019).

What is the minimum investment amount for the Fixed Income Strategy 1 (FIS1) managed fund?

The minimum initial investment amount for the Fixed Income Strategy 1 (FIS1) managed fund is $5,000. Minimum additional investment is $5000.

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.

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