Macquarie Income Opportunities - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

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 -0.02 -0.05 0.52 2.34 3.62 2.87 3.2 4.84
Growth return -0.02 -0.34 -0.26 -1.2 0.25 -0.06 0.09 0.36
Income return 0 0.29 0.78 3.54 3.37 2.93 3.11 4.48

Market index (BBgBarc Global Aggregate TR Hdg AUD)

Total return 0.37 0.82 0.14 1.47 2.07 3.39 4.66 6.89

Asset Allocation (31 May 2018)

Australian Equities 0%
International Equities 0%
Cash 10.05%
Property 0%
Fixed Interest 89.95%
Alternatives 0%
Asset Allocation

General Information

Macquarie Income Opportunities
Macquarie Investment Management Aus Ltd.
Diversified Credit
starstarstar (as at 31 May 2018)
Investment Fund
19 Sep 2003
$3278.61 million (as at 31 May 2018)
$1.0185 (as at 15 Jun 2018)
$1.0155 (as at 15 Jun 2018)

Objectives and Strategy

The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees). It aims to provide higher income returns than traditional cash investments at all stages of interest rate and economic cycles.
The Fund provides exposure to a wide range of Australian credit-based securities (predominantly floating and fixed rate corporate bonds, and asset-backed securities) and cash. The Fund may also have exposure to global investment grade credit securities, global high yield credit securities, emerging market debt, hybrid securities and a range of other credit opportunities when they are expected to outperform and reduce exposure to these sectors when they are expected to underperform.

Offer information

Indirect Cost Ratio (ICR) 0.49% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $500.00
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2018)

Holding Type % of Portfolio
Irs 1.31475% 30 Nov 22 Against Usd 3m A Libor Interest Rate Swap 11.98%
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DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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