General Information

IPM Global Macro Fund
Macquarie Investment Management Aus Ltd.
Alternative Strategies
Not Rated
Investment Fund
10 Apr 2017
$0 million (as at 31 Jul 2017)
$0.9651 (as at 15 Aug 2017)
$0.9645 (as at 15 Aug 2017)

Fund performance (31 Jul 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -0.2 -3.59 - - - - - -
Growth return -0.2 -6.75 - - - - - -
Income return 0 3.16 - - - - - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.75 1.97 2.13 2.42 3.72

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

Objectives and Strategy

The Fund aims to generate long-term absolute returns by investing in exchange-traded government bond and equity 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.
IPM's investment process involves the use of models to determine the positions held by the Fund. The models are based on economic theory and rely on the belief that asset prices fluctuate around the true fundamental value of financial assets. The implementation of the investment process is systematic, which means that the vast majority of the Fund's portfolio exposures are based on the output of the model.

Offer information

Minimum initial investment $20,000
Minimum additional investments

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