InvestSMART

IOOF GIS UBS Diversified Credit Income - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform (after management costs) the RBA Official Cash Rate over rolling three year periods.
Fund Strategy
We seek to build the optimal portfolio exhibiting attractive income and risk characteristics and we undertake this by employing both top-down research and bottom-up security specific analysis. The Fund will be managed with the intention of maximising total return (income plus growth). We aim to hedge foreign currency exposures to the Australian dollar.

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 0.78% 2.69% 10.89% 24.67% 1.62% -1.05% 1.35% -%
Growth return 0.78% 1.18% 7.56% 18.68% -3.4% -6.78% -4.52% -%
Income return 0% 1.51% 3.33% 5.99% 5.02% 5.73% 5.87% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.68% 1.02% 2.53% 2.44% 5.72% 3.96% -0.57% 1.94%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GIS UBS Diversified Credit Income
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
92.53%
Australian Equities
0.04%
International Equities
0%
Cash
5.32%
Property & Infrastructure
0%
Alternatives
2.11%

General Information

Fund Details
Type Description
IOOF GIS UBS Diversified Credit Income
Closed
IOOF Global One Limited
ASK0518AU
Diversified Credit
starstar (as at 28 Feb 2010)
Investment Fund
30 Sep 2003
$0.34 million (as at 28 Feb 2010)
$8.17982 (as at 26 Feb 2010)
$8.11457 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.58% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.60% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

Top 10 holdings (as at 30 Sep 2025)

Holding (as at 30 Sep 2025) Type % of Portfolio
BRISBANE AIRPORT CORP 4.5 30 Dec 2030 Baa2/BBB/N.A. Bond - Corporate Bond 2.94%
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FAQs about the IOOF GIS UBS Diversified Credit Income

The objective of the IOOF GIS UBS Diversified Credit Income managed fund is The Fund aims to outperform (after management costs) the RBA Official Cash Rate over rolling three year periods.

The strategy of the IOOF GIS UBS Diversified Credit Income managed fund is We seek to build the optimal portfolio exhibiting attractive income and risk characteristics and we undertake this by employing both top-down research and bottom-up security specific analysis. The Fund will be managed with the intention of maximising total return (income plus growth). We aim to hedge foreign currency exposures to the Australian dollar.

The APIR code of the IOOF GIS UBS Diversified Credit Income managed fund is ASK0518AU.

IOOF GIS UBS Diversified Credit Income’s total return last month was 0.78%. This was made up of a growth return of 0.78% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GIS UBS Diversified Credit Income’s total return for the last three months was 2.69%. This was made up of a growth return of 1.18% and an income return of 1.51%%. These returns were calculated as at 28 Feb 2010.

IOOF GIS UBS Diversified Credit Income’s one-year total return is 24.67%. This was made up of a growth return of 18.68% and an income return of 5.99%. These returns were calculated as at 28 Feb 2010.

IOOF GIS UBS Diversified Credit Income’s one-year total return is -1.05%. This was made up of a growth return of -6.78% and an income return of 5.73%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF GIS UBS Diversified Credit Income managed fund is :

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

The Responsible Entity for the IOOF GIS UBS Diversified Credit Income managed fund is IOOF Global One Limited.

The IOOF GIS UBS Diversified Credit Income managed fund belongs to the Diversified Credit sector/asset class.

As at 28 Feb 2010, the size of the IOOF GIS UBS Diversified Credit Income managed fund was $0.34 million.

The IOOF GIS UBS Diversified Credit Income managed fund has an inception date of 30 Sep 2003.

The current entry price of the IOOF GIS UBS Diversified Credit Income managed fund is $8.17982 per unit and the current exit price is $8.11457 per unit (as at 26 Feb 2010).

The current exit price of the IOOF GIS UBS Diversified Credit Income managed fund is $8.11457 per unit and the current entry price is $8.17982 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF GIS UBS Diversified Credit Income managed fund is $3,000.

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.