GAM Absolute Return Bond (AU) - 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 0.24 2.3 3.24 3.43 2.07 4.19 2.68 4.98
Growth return 0.24 -29.44 -39.23 -79.3 -55.34 -40.83 -28.47 -13.82
Income return 0 31.74 42.47 82.73 57.41 45.02 31.15 18.8
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -0.49 1.98 - 11.13 7.36 4.59 5.27 5.99
As as 30 Jun 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GAM Absolute Return Bond (AU)
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
88.34%
Australian Equities
3.74%
International Equities
0.10%
Cash
7.61%
Property
0.07%
Alternatives
0.15%

General Information

Fund Details
Type Description
GAM Absolute Return Bond (AU) (Wholesale)
Closed
Equity Trustees Ltd
AFM0002AU
Multi-Strategy Income
starstar (as at 30 Jun 2019)
Investment Fund
31 Jul 2006
$60.42 million (as at 18 Jul 2019)
$0.22547 (as at 18 Jul 2019)
$0.22547 (as at 18 Jul 2019)
Fund Objective
To provide positive absolute returns (capital and income (if any)) over the medium term of the 3-month BBSW plus 3-5% p.a. net of fees and expenses.
Fund Strategy
The fund invests in the fully hedged Australian Dollar Income class of the GAM Absolute Return Bond Master Fund. The Master Fund invests worldwide in bonds of varying maturities, credit ratings, and currencies that are issued in various countries, as well as in derivatives.
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.61% (as at 30 Jun 2018) (Estimated)
Minimum initial investment $100,000
Minimum additional investments $50,000
Minimum redemption amount $50,000

Top 10 holdings (as at 31 Mar 2009)

Holding (as at 31 Mar 2009) Type % of Portfolio
Fut Sep 09 Lif 3m Euribor Interest Rate Future 28.93%
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%