Loomis Sayles Credit Opportunities - Managed Fund (Closed)

The objective of the Loomis Sayles Credit Opportunities managed fund is To seek outperform 3 Month USD LIBOR plus 400bps p.a. (after management fees and taxes) over a market cycle prior to hedging the portfolio back into AUD.

The strategy of the Loomis Sayles Credit Opportunities managed fund is The strategy combines senior loans with high yield to take advantage of cyclical changes in interest rates and credit spreads. The Fund shifts between senior loans and global high yield, with limited ability to use US treasuries and futures to manage duration. In determining the top-down allocation of the strategy, the Global Asset Allocation team uses key macroeconomic and quantitative information. Allocation decisions are based on the Loomis economic framework in conjunction with assessment of the stage of the business cycle and valuations.

The APIR code of the Loomis Sayles Credit Opportunities managed fund is IAM0004AU.

Loomis Sayles Credit Opportunities’s total return last month was -5.89%. This was made up of a growth return of -5.89% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

Loomis Sayles Credit Opportunities’s total return for the last three months was -5.46%. This was made up of a growth return of -5.46% and an income return of 0%%. These returns were calculated as at 30 Nov 2020.

Loomis Sayles Credit Opportunities’s one-year total return is -13.67%. This was made up of a growth return of -13.67% and an income return of 0%. These returns were calculated as at 30 Nov 2020.

Loomis Sayles Credit Opportunities’s one-year total return is -2.92%. This was made up of a growth return of -4.8% and an income return of 1.88%. These returns were calculated as at 30 Nov 2020.

The asset allocation of the Loomis Sayles Credit Opportunities managed fund is :

The Responsible Entity for the Loomis Sayles Credit Opportunities managed fund is Equity Trustees Ltd.

The Loomis Sayles Credit Opportunities managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 17 Dec 2020, the size of the Loomis Sayles Credit Opportunities managed fund was $2.5 million.

The Loomis Sayles Credit Opportunities managed fund has an inception date of 17 Oct 2005.

The current entry price of the Loomis Sayles Credit Opportunities managed fund is $1.37325 per unit and the current exit price is $1.37325 per unit (as at 16 Dec 2020).

The current exit price of the Loomis Sayles Credit Opportunities managed fund is $1.37325 per unit and the current entry price is $1.37325 per unit (as at 16 Dec 2020).

The minimum initial investment amount for the Loomis Sayles Credit Opportunities managed fund is $10,000,000. Minimum additional investment is $10000.