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IPM Global Macro 50 - Managed Fund (Closed)

Fund Objective
The Fund aims to generate long-term absolute returns by investing in exchange-traded government bond and equity index and equity volatility index futures contracts, and over-the-counter foreign exchange forward contracts (OTC FX forwards) that provide exposure to developed market and emerging market currencies. The Fund may also gain exposure to developed market and emerging market currencies by investing in currency futures.
Fund Strategy
The Fund aims to generate long-term absolute returns by investing in exchange-traded government bond, equity index futures contracts and equity volatility index futures contracts, and over-the-counter foreign exchange forward contracts (OTC FX forwards) which provides exposure to developed market and emerging market currencies. The Fund may also gain exposure to developed market and emerging market currencies by investing in currency futures

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 -1.8% -2.57% -2.55% -3.08% -3.56% -% -% -%
Growth return -1.8% -2.57% -2.55% -3.43% -3.95% -% -% -%
Income return 0% 0% 0% 0.35% 0.39% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 28 Feb 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IPM Global Macro 50
Cash
51.02%
Alternatives
48.98%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
55.63%
Alternatives
18.76%
Australian Equities
4.92%
International Equities
2.99%
Property & Infrastructure
1.97%
Fixed Interest
15.73%

General Information

Fund Details
Type Description
IPM Global Macro 50
Closed
Macquarie Investment Management Aus Ltd.
MAQ5318AU
Alternative - Other
Not Rated
Investment Fund
9 Mar 2018
$0.47 million (as at 28 Feb 2021)
$0.9048 (as at 8 Mar 2021)
$0.9048 (as at 8 Mar 2021)
Finalised
Offer information
Type Description
MER 0.84% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount
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FAQs about the IPM Global Macro 50

The objective of the IPM Global Macro 50 managed fund is The Fund aims to generate long-term absolute returns by investing in exchange-traded government bond and equity index and equity volatility index futures contracts, and over-the-counter foreign exchange forward contracts (OTC FX forwards) that provide exposure to developed market and emerging market currencies. The Fund may also gain exposure to developed market and emerging market currencies by investing in currency futures.

The strategy of the IPM Global Macro 50 managed fund is The Fund aims to generate long-term absolute returns by investing in exchange-traded government bond, equity index futures contracts and equity volatility index futures contracts, and over-the-counter foreign exchange forward contracts (OTC FX forwards) which provides exposure to developed market and emerging market currencies. The Fund may also gain exposure to developed market and emerging market currencies by investing in currency futures

The APIR code of the IPM Global Macro 50 managed fund is MAQ5318AU.

IPM Global Macro 50’s total return last month was -1.8%. This was made up of a growth return of -1.8% and an income return of 0%. These returns were calculated as at 28 Feb 2021.

IPM Global Macro 50’s total return for the last three months was -2.57%. This was made up of a growth return of -2.57% and an income return of 0%%. These returns were calculated as at 28 Feb 2021.

IPM Global Macro 50’s one-year total return is -3.08%. This was made up of a growth return of -3.43% and an income return of 0.35%. These returns were calculated as at 28 Feb 2021.

IPM Global Macro 50’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 2021.

The asset allocation of the IPM Global Macro 50 managed fund is :

Cash
51.02%
Alternatives
48.98%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the IPM Global Macro 50 managed fund is Macquarie Investment Management Aus Ltd..

The IPM Global Macro 50 managed fund belongs to the Alternative - Other sector/asset class.

As at 28 Feb 2021, the size of the IPM Global Macro 50 managed fund was $0.47 million.

The IPM Global Macro 50 managed fund has an inception date of 9 Mar 2018.

The current entry price of the IPM Global Macro 50 managed fund is $0.9048 per unit and the current exit price is $0.9048 per unit (as at 8 Mar 2021).

The current exit price of the IPM Global Macro 50 managed fund is $0.9048 per unit and the current entry price is $0.9048 per unit (as at 8 Mar 2021).

The minimum initial investment amount for the IPM Global Macro 50 managed fund is $50,000. Minimum additional investment 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.