InvestSMART

Glebe - High - Grade Fixed Interest Trust - Managed Fund (Closed)

Fund Objective
To provide a steady income return while also seeking some capital appreciation during periods of falling interest rates, by investing in a variety of fixed interest investments in Australia and overseas, consistent with the Glebe Ethical Investment Charter. The benchmark is the UBS Australian Composite Bond Index. Investment timeframe is 5 years or more.
Fund Strategy
Invests in a variety of fixed interest investments in Australia and overseas with a credit rating of AA or better. No more than 30% of the portfolio is invested in securities denominated in foreign currencies. Asset allocation ranges: Australian fixed interest 50-95%, overseas fixed interest 0-45%, cash 0-50%.

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.mer | 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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.39% 0.17% 1.53% 3.06% 3.64% 2.47% 4.03% -%
Growth return 0.39% -1.46% -0.77% -1.51% 0.36% -1.36% -0.39% -%
Income return 0% 1.63% 2.3% 4.57% 3.28% 3.83% 4.42% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.88% 0.46% 0.03% 3.15% 3.66% 3.61% 0.6% 1.91%
As at 31 May 2006. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Glebe - High - Grade Fixed Interest Trust
Cash
6.90%
Fixed Interest
93.10%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
7.94%
Fixed Interest
91.13%
Australian Equities
0.58%
International Equities
0%
Property & Infrastructure
0.12%
Alternatives
0.21%

General Information

Fund Details
Type Description
Glebe - High - Grade Fixed Interest Trust
Closed
Glebe Asset Management Limited
GAM0005AU
Bonds - Australia
star (as at 31 May 2006)
Investment Fund
25 Jul 1997
$5.02 million (as at 31 Dec 2005)
$0.9128 (as at 14 Jun 2006)
$0.9128 (as at 14 Jun 2006)
Finalised
Offer information
Type Description
MER 1.50% (as at 30 Jun 2004)
Minimum initial investment $1,000.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Glebe - High - Grade Fixed Interest Trust

The objective of the Glebe - High - Grade Fixed Interest Trust managed fund is To provide a steady income return while also seeking some capital appreciation during periods of falling interest rates, by investing in a variety of fixed interest investments in Australia and overseas, consistent with the Glebe Ethical Investment Charter. The benchmark is the UBS Australian Composite Bond Index. Investment timeframe is 5 years or more.

The strategy of the Glebe - High - Grade Fixed Interest Trust managed fund is Invests in a variety of fixed interest investments in Australia and overseas with a credit rating of AA or better. No more than 30% of the portfolio is invested in securities denominated in foreign currencies. Asset allocation ranges: Australian fixed interest 50-95%, overseas fixed interest 0-45%, cash 0-50%.

The APIR code of the Glebe - High - Grade Fixed Interest Trust managed fund is GAM0005AU.

Glebe - High - Grade Fixed Interest Trust’s total return last month was 0.39%. This was made up of a growth return of 0.39% and an income return of 0%. These returns were calculated as at 31 May 2006.

Glebe - High - Grade Fixed Interest Trust’s total return for the last three months was 0.17%. This was made up of a growth return of -1.46% and an income return of 1.63%%. These returns were calculated as at 31 May 2006.

Glebe - High - Grade Fixed Interest Trust’s one-year total return is 3.06%. This was made up of a growth return of -1.51% and an income return of 4.57%. These returns were calculated as at 31 May 2006.

Glebe - High - Grade Fixed Interest Trust’s one-year total return is 2.47%. This was made up of a growth return of -1.36% and an income return of 3.83%. These returns were calculated as at 31 May 2006.

The asset allocation of the Glebe - High - Grade Fixed Interest Trust managed fund is :

Cash
6.90%
Fixed Interest
93.10%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Glebe - High - Grade Fixed Interest Trust managed fund is Glebe Asset Management Limited.

The Glebe - High - Grade Fixed Interest Trust managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Dec 2005, the size of the Glebe - High - Grade Fixed Interest Trust managed fund was $5.02 million.

The Glebe - High - Grade Fixed Interest Trust managed fund has an inception date of 25 Jul 1997.

The current entry price of the Glebe - High - Grade Fixed Interest Trust managed fund is $0.9128 per unit and the current exit price is $0.9128 per unit (as at 14 Jun 2006).

The current exit price of the Glebe - High - Grade Fixed Interest Trust managed fund is $0.9128 per unit and the current entry price is $0.9128 per unit (as at 14 Jun 2006).

The minimum initial investment amount for the Glebe - High - Grade Fixed Interest Trust managed fund is $1,000.

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.