General Information

MacKay Shields Unconstrained Bond
Ausbil Investment Management Limited
AAP0020AU
Diversified Credit
Not Rated
Investment Fund
1 Jun 2016
$69 million (as at 31 Jul 2017)
$1.03561 (as at 17 Aug 2017)
$1.02736 (as at 17 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 0.61 1.59 2.78 6.42 - - - -
Growth return 0.61 1.02 0.77 2.66 - - - -
Income return 0 0.57 2.01 3.76 - - - -

Market index (BBgBarc Global Aggregate TR Hdg AUD)

Total return 0.37 0.79 2.49 0.14 4.37 5.05 5.25 7.44

Asset Allocation (31 Jul 2017)

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

Objectives and Strategy

The Fund seeks to achieve a positive total return and to outperform (before fees and taxes) the benchmark over rolling three-year periods.
The Fund has a flexible investment process that primarily invests in a portfolio of global debt or debt-related securities. The Fund intends to utilise various investment strategies in a broad array of debt securities sectors with the aim of achieving its investment strategy. The Fund will not be constrained by portfolio management relative to an index.

Offer information

Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2016)
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

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