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  5. Fixed Income Strategy 1 (FIS1) - Managed fund profile

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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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 1.06% 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 1.12% 1.03% 4.85% 1.47% 0.91% -1.29% 0.17% 2.59%
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
96%
Australian Equities
0.54%
International Equities
0.12%
Cash
3.02%
Property
0%
Alternatives
0.32%

General Information

Fund Details
Type Description
Fixed Income Strategy 1 (FIS1)
Closed
Specialised Private Capital Limited
BEG7653AU
Bonds - Australia
Not Rated
Investment Fund
13 Nov 2017
$300.36 million (as at 31 Jul 2019)
$1.0277 (as at 31 Jul 2019)
$1.0277 (as at 31 Jul 2019)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.41% (as at 30 Jun 2019) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments $5,000.00

FAQs about the Fixed Income Strategy 1 (FIS1)

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.

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.

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

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.

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.

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.

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.

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
0%
Alternatives
0%

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

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

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

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

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).

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).

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.