InvestSMART

Fermat ILS Yield Wholesale AUD Income - Managed Fund

Fund Objective
The Fund seeks to generate returns by investing in a portfolio if Insurance Linked Securities 'ILS' with potentially global exposure; predominantly Catastrophe Bonds.
Fund Strategy
The Fund invests in a portfolio of Insurance Linked Securities with potentially global exposure; predominantly catastrophe bonds. To this end; Fermat employs an investment strategy which; in its opinion; seeks to generate an optimised risk-reward profile. The Fund has a long-term target return of 4.5% per annum above the Cash Rate (Bloomberg AusBond Bank Bill Index) after all Management Costs.

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% 3.59% 5.47% 8.88% 11.21% 13.67% 6.1% 4.11%
Growth return 0.07% 2.57% -3.28% -3.3% 1.43% 6.9% 0.45% -0.04%
Income return 0.99% 1.02% 8.75% 12.18% 9.78% 6.77% 5.65% 4.15%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
20.33%
Australian Equities
3.92%
International Equities
7.25%
Cash
46.16%
Property & Infrastructure
1.84%
Fixed Interest
20.51%

General Information

Fund Details
Type Description
Fermat ILS Yield Wholesale AUD Income
Equity Trustees Ltd
ETL0377AU
Miscellaneous
Not Rated
Investment Fund
19 Apr 2013
$1.58 million (as at 20 Oct 2025)
$1.2934 (as at 20 Oct 2025)
$1.2805 (as at 20 Oct 2025)
Open
Offer information
Type Description
MER 1.40% (as at 20 Feb 2024)
Minimum initial investment $5,000,000

FAQs about the Fermat ILS Yield Wholesale AUD Income

The objective of the Fermat ILS Yield Wholesale AUD Income managed fund is The Fund seeks to generate returns by investing in a portfolio if Insurance Linked Securities 'ILS' with potentially global exposure; predominantly Catastrophe Bonds.

The strategy of the Fermat ILS Yield Wholesale AUD Income managed fund is The Fund invests in a portfolio of Insurance Linked Securities with potentially global exposure; predominantly catastrophe bonds. To this end; Fermat employs an investment strategy which; in its opinion; seeks to generate an optimised risk-reward profile. The Fund has a long-term target return of 4.5% per annum above the Cash Rate (Bloomberg AusBond Bank Bill Index) after all Management Costs.

The APIR code of the Fermat ILS Yield Wholesale AUD Income managed fund is ETL0377AU.

Fermat ILS Yield Wholesale AUD Income’s total return last month was 1.06%. This was made up of a growth return of 0.07% and an income return of 0.99%. These returns were calculated as at 30 Sep 2025.

Fermat ILS Yield Wholesale AUD Income’s total return for the last three months was 3.59%. This was made up of a growth return of 2.57% and an income return of 1.02%%. These returns were calculated as at 30 Sep 2025.

Fermat ILS Yield Wholesale AUD Income’s one-year total return is 8.88%. This was made up of a growth return of -3.3% and an income return of 12.18%. These returns were calculated as at 30 Sep 2025.

Fermat ILS Yield Wholesale AUD Income’s one-year total return is 13.67%. This was made up of a growth return of 6.9% and an income return of 6.77%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the Fermat ILS Yield Wholesale AUD Income managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Fermat ILS Yield Wholesale AUD Income managed fund is Equity Trustees Ltd.

The Fermat ILS Yield Wholesale AUD Income managed fund belongs to the Miscellaneous sector/asset class.

As at 20 Oct 2025, the size of the Fermat ILS Yield Wholesale AUD Income managed fund was $1.58 million.

The Fermat ILS Yield Wholesale AUD Income managed fund has an inception date of 19 Apr 2013.

The current entry price of the Fermat ILS Yield Wholesale AUD Income managed fund is $1.2934 per unit and the current exit price is $1.2805 per unit (as at 20 Oct 2025).

The current exit price of the Fermat ILS Yield Wholesale AUD Income managed fund is $1.2805 per unit and the current entry price is $1.2934 per unit (as at 20 Oct 2025).

The minimum initial investment amount for the Fermat ILS Yield Wholesale AUD Income managed fund is $5,000,000.

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.