InvestSMART

IOOF OCS Credit Suisse Syndicated Loan - Managed Fund (Closed)

Fund Objective
To provide exposure to high yielding investments primarily through the US syndicated loan market with additional investments through US corporate debt securities that are rated below investment grade.The Option aims to achieve investment returns above the UBSA Bank Bill Index over the suggested investment time frame.
Fund Strategy
The Option will invest primarily in the US syndicated loan market and seeks to add value through loan and security selection and industry rotation, while maintaining a highly diversified portfolio.

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% 4.88% 10.22% 37.98% 7.06% -% -% -%
Growth return 0.78% 4.88% 10.22% 37.98% 7.06% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.29% 0.92% 1.94% 4.19% 4.3% 4.05% 2.53% -%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
79.34%
Australian Equities
0.03%
International Equities
0.03%
Cash
19.57%
Property & Infrastructure
1.03%
Alternatives
0%

General Information

Fund Details
Type Description
IOOF OCS Credit Suisse Syndicated Loan (Wholesale)
Closed
IOOF Global One Limited
ASK1140AU
Non Investment Grade Debt
Not Rated
Superannuation Fund
12 Dec 2007
$0.06 million (as at 31 Jul 2009)
$11.16576 (as at 26 Feb 2010)
$11.05466 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.26% (as at 30 Jun 2009)
Minimum initial investment

FAQs about the IOOF OCS Credit Suisse Syndicated Loan

The objective of the IOOF OCS Credit Suisse Syndicated Loan managed fund is To provide exposure to high yielding investments primarily through the US syndicated loan market with additional investments through US corporate debt securities that are rated below investment grade.The Option aims to achieve investment returns above the UBSA Bank Bill Index over the suggested investment time frame.

The strategy of the IOOF OCS Credit Suisse Syndicated Loan managed fund is The Option will invest primarily in the US syndicated loan market and seeks to add value through loan and security selection and industry rotation, while maintaining a highly diversified portfolio.

The APIR code of the IOOF OCS Credit Suisse Syndicated Loan managed fund is ASK1140AU.

IOOF OCS Credit Suisse Syndicated Loan’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 OCS Credit Suisse Syndicated Loan’s total return for the last three months was 4.88%. This was made up of a growth return of 4.88% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF OCS Credit Suisse Syndicated Loan’s one-year total return is 37.98%. This was made up of a growth return of 37.98% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OCS Credit Suisse Syndicated Loan’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF OCS Credit Suisse Syndicated Loan 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 OCS Credit Suisse Syndicated Loan managed fund is IOOF Global One Limited.

The IOOF OCS Credit Suisse Syndicated Loan managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 31 Jul 2009, the size of the IOOF OCS Credit Suisse Syndicated Loan managed fund was $0.06 million.

The IOOF OCS Credit Suisse Syndicated Loan managed fund has an inception date of 12 Dec 2007.

The current entry price of the IOOF OCS Credit Suisse Syndicated Loan managed fund is $11.16576 per unit and the current exit price is $11.05466 per unit (as at 26 Feb 2010).

The current exit price of the IOOF OCS Credit Suisse Syndicated Loan managed fund is $11.05466 per unit and the current entry price is $11.16576 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF OCS Credit Suisse Syndicated Loan managed fund is $0.

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.