InvestSMART

Macquarie - Australian Fixed Interest High Grade - Managed Fund (Closed)

Fund Objective
To deliver returns of 1% pa (before fees) in excess of the Macquarie Corporate Bond Index over the medium-term.
Fund Strategy
Provides access to a diversified portfolio of corporate debt securities. Active management of the Fund's exposure to credit spreads whilst controlling credit risk. Strategic credit exposure (based on Manager's assessment of the direction of credit spreads), sector and stock selection are used to add value.

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 -0.58% -1.03% 0.65% 10.29% 6.22% 5.67% 5.71% 6.16%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.1% 0.4% 3.04% 4.09% 5.59% 4.25% -0.23% 2.12%
As at 31 May 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie - Australian Fixed Interest High Grade
Cash
1.69%
Fixed Interest
98.31%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.33%
Fixed Interest
92.76%
Australian Equities
0.63%
International Equities
0.01%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
Macquarie - Australian Fixed Interest High Grade
Closed
Macquarie Investment Management Aus Ltd.
MAQ0105AU
Bonds - Australia
starstarstarstar (as at 31 May 2009)
Investment Fund
30 Nov 1998
n/a
$0.8965 (as at 10 Jun 2009)
$0.8957 (as at 10 Jun 2009)
Finalised
Offer information
Type Description
MER 0.51% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 0.31% (as at 30 Jun 2008)

FAQs about the Macquarie - Australian Fixed Interest High Grade

The objective of the Macquarie - Australian Fixed Interest High Grade managed fund is To deliver returns of 1% pa (before fees) in excess of the Macquarie Corporate Bond Index over the medium-term.

The strategy of the Macquarie - Australian Fixed Interest High Grade managed fund is Provides access to a diversified portfolio of corporate debt securities. Active management of the Fund's exposure to credit spreads whilst controlling credit risk. Strategic credit exposure (based on Manager's assessment of the direction of credit spreads), sector and stock selection are used to add value.

The APIR code of the Macquarie - Australian Fixed Interest High Grade managed fund is MAQ0105AU.

Macquarie - Australian Fixed Interest High Grade’s total return last month was -0.58%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2009.

Macquarie - Australian Fixed Interest High Grade’s total return for the last three months was -1.03%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 May 2009.

Macquarie - Australian Fixed Interest High Grade’s one-year total return is 10.29%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2009.

Macquarie - Australian Fixed Interest High Grade’s one-year total return is 5.67%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2009.

The asset allocation of the Macquarie - Australian Fixed Interest High Grade managed fund is :

Cash
1.69%
Fixed Interest
98.31%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Macquarie - Australian Fixed Interest High Grade managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie - Australian Fixed Interest High Grade managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 May 2009, the size of the Macquarie - Australian Fixed Interest High Grade managed fund was $ million.

The Macquarie - Australian Fixed Interest High Grade managed fund has an inception date of 30 Nov 1998.

The current entry price of the Macquarie - Australian Fixed Interest High Grade managed fund is $0.8965 per unit and the current exit price is $0.8957 per unit (as at 10 Jun 2009).

The current exit price of the Macquarie - Australian Fixed Interest High Grade managed fund is $0.8957 per unit and the current entry price is $0.8965 per unit (as at 10 Jun 2009).

The minimum initial investment amount for the Macquarie - Australian Fixed Interest High Grade managed fund is $.

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.