InvestSMART

Generation Kapstream Absolute Return Income - Managed Fund

Fund Objective
Aims to provide a steady stream of income and capital stability over the medium term while aiming to outperform a composite index of 50% Bloomberg AusBond Composite Bond 0-3 Year Index1 & Bloomberg AusBond Bank Bill Index1 through market cycles.
Fund Strategy
Targets an absolute return over time, by investing in a global, diversified portfolio of predominantly investment grade fixed income securities, according to the manager's global macroeconomic and market views.

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 0.45% 1.03% 1.61% 3.62% 3.76% 3.14% 1.47% -%
Growth return 0.45% 1.03% 1.61% 3.62% 3.76% 3.14% 1.47% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Kapstream Absolute Return Income
Cash
12.78%
Fixed Interest
87.22%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.30%
Fixed Interest
92.79%
Australian Equities
0.63%
International Equities
0.01%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
Generation Kapstream Absolute Return Income
Austock Life Limited
ALL8139AU
Unconstrained Fixed Income
star (as at 31 Mar 2023)
Investment Fund
4 Dec 2017
$17.56 million (as at 29 Aug 2025)
$1.0951 (as at 23 Sep 2025)
$1.0943 (as at 23 Sep 2025)
Open
Offer information
Type Description
MER 1.15% (as at 20 May 2025)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00
Minimum additional investments $50.00

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025) Type % of Portfolio
Volkswagen Financial Services Australia Pty Ltd. 5.1% Bond - Corporate Bond 3.81%
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FAQs about the Generation Kapstream Absolute Return Income

The objective of the Generation Kapstream Absolute Return Income managed fund is Aims to provide a steady stream of income and capital stability over the medium term while aiming to outperform a composite index of 50% Bloomberg AusBond Composite Bond 0-3 Year Index1 & Bloomberg AusBond Bank Bill Index1 through market cycles.

The strategy of the Generation Kapstream Absolute Return Income managed fund is Targets an absolute return over time, by investing in a global, diversified portfolio of predominantly investment grade fixed income securities, according to the manager's global macroeconomic and market views.

The APIR code of the Generation Kapstream Absolute Return Income managed fund is ALL8139AU.

Generation Kapstream Absolute Return Income’s total return last month was 0.45%. This was made up of a growth return of 0.45% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Generation Kapstream Absolute Return Income’s total return for the last three months was 1.03%. This was made up of a growth return of 1.03% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

Generation Kapstream Absolute Return Income’s one-year total return is 3.62%. This was made up of a growth return of 3.62% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Generation Kapstream Absolute Return Income’s one-year total return is 3.14%. This was made up of a growth return of 3.14% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Generation Kapstream Absolute Return Income managed fund is :

Cash
12.78%
Fixed Interest
87.22%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Generation Kapstream Absolute Return Income managed fund is Austock Life Limited.

The Generation Kapstream Absolute Return Income managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 29 Aug 2025, the size of the Generation Kapstream Absolute Return Income managed fund was $17.56 million.

The Generation Kapstream Absolute Return Income managed fund has an inception date of 4 Dec 2017.

The current entry price of the Generation Kapstream Absolute Return Income managed fund is $1.0951 per unit and the current exit price is $1.0943 per unit (as at 23 Sep 2025).

The current exit price of the Generation Kapstream Absolute Return Income managed fund is $1.0943 per unit and the current entry price is $1.0951 per unit (as at 23 Sep 2025).

The minimum initial investment amount for the Generation Kapstream Absolute Return Income managed fund is $500. Minimum additional investment is $50.

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.