InvestSMART

MacKay Shields Multi-sector Bond Fund - Managed Fund (Closed)

Fund Objective
The Fund seeks to achieve a positive total return and to outperform (before fees and taxes) the benchmark over rolling three-year periods.
Fund Strategy
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.

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 0.93% -2.67% -4.29% -8.49% -3.8% -1.42% -0.02% -%
Growth return 0.93% -2.67% -4.29% -8.49% -8.52% -4.67% -2.9% -%
Income return 0% 0% 0% 0% 4.72% 3.25% 2.88% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.23% 0.17% 2.11% 4.26% 3.6% 3.34% -0.43% 1.81%
As at 30 Nov 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MacKay Shields Multi-sector Bond Fund
Cash
11.13%
Fixed Interest
88.87%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
4.35%
Fixed Interest
93.21%
Australian Equities
0.01%
International Equities
-0.17%
Property & Infrastructure
0.27%
Alternatives
2.33%

General Information

Fund Details
Type Description
MacKay Shields Multi-sector Bond Fund
Closed
Ausbil Investment Management Limited
AAP0020AU
Diversified Credit
starstar (as at 30 Nov 2022)
Investment Fund
1 Jun 2016
$37.33 million (as at 30 Nov 2022)
$0.89598 (as at 21 Dec 2022)
$0.89598 (as at 21 Dec 2022)
Finalised
Offer information
Type Description
MER 0.60% (as at 30 Sep 2022)
Indirect Cost Ratio (ICR) 0.60% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Oct 2022)

Holding (as at 31 Oct 2022) Type % of Portfolio
United States Treasury Notes Bond - Gov't/Treasury 8.19%
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FAQs about the MacKay Shields Multi-sector Bond Fund

The objective of the MacKay Shields Multi-sector Bond Fund managed fund is The Fund seeks to achieve a positive total return and to outperform (before fees and taxes) the benchmark over rolling three-year periods.

The strategy of the MacKay Shields Multi-sector Bond Fund managed fund is 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.

The APIR code of the MacKay Shields Multi-sector Bond Fund managed fund is AAP0020AU.

MacKay Shields Multi-sector Bond Fund’s total return last month was 0.93%. This was made up of a growth return of 0.93% and an income return of 0%. These returns were calculated as at 30 Nov 2022.

MacKay Shields Multi-sector Bond Fund’s total return for the last three months was -2.67%. This was made up of a growth return of -2.67% and an income return of 0%%. These returns were calculated as at 30 Nov 2022.

MacKay Shields Multi-sector Bond Fund’s one-year total return is -8.49%. This was made up of a growth return of -8.49% and an income return of 0%. These returns were calculated as at 30 Nov 2022.

MacKay Shields Multi-sector Bond Fund’s one-year total return is -1.42%. This was made up of a growth return of -4.67% and an income return of 3.25%. These returns were calculated as at 30 Nov 2022.

The asset allocation of the MacKay Shields Multi-sector Bond Fund managed fund is :

Cash
11.13%
Fixed Interest
88.87%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the MacKay Shields Multi-sector Bond Fund managed fund is Ausbil Investment Management Limited.

The MacKay Shields Multi-sector Bond Fund managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Nov 2022, the size of the MacKay Shields Multi-sector Bond Fund managed fund was $37.33 million.

The MacKay Shields Multi-sector Bond Fund managed fund has an inception date of 1 Jun 2016.

The current entry price of the MacKay Shields Multi-sector Bond Fund managed fund is $0.89598 per unit and the current exit price is $0.89598 per unit (as at 21 Dec 2022).

The current exit price of the MacKay Shields Multi-sector Bond Fund managed fund is $0.89598 per unit and the current entry price is $0.89598 per unit (as at 21 Dec 2022).

The minimum initial investment amount for the MacKay Shields Multi-sector Bond Fund managed fund is $20,000. Minimum additional investment is $5000.

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.