Macquarie True Index Sovereign Bond - Managed Fund

Fund Objective

The Macquarie True Index Sovereign Bond Fund provides exposure to the performance of the UBS Treasury Index and is designed to generate a return that tracks the Index return (before any buy/sell spread on applications and redemptions).

Fund Strategy

The Fund aims to generate income and capital growth. The Fund makes two types of investments. Firstly, it invests in a Portfolio of Australian government, semi government, government guaranteed corporate and credit securities (Portfolio). Secondly, the Fund has entered into a swap agreement (Swap) with Macquarie Life Ltd (Macquarie Life) whereby the Fund pays the returns it receives from its investments in the Underlying Fund to Macquarie Life and, in return, Macquarie Life pays to the Fund the Index return.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.34%	0.67%	1.23%	5.88%	6.28%	3.26%	-0.82%	1.84%
Growth return	0.34%	0.67%	1.23%	5.88%	6.28%	3.26%	-1.01%	-0.17%
Income return	0%	0%	0%	0%	0%	0%	0.19%	2.01%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return	0.36%	0.8%	1.68%	6.47%	6.77%	4.05%	-0.21%	2.13%

As at 31 Oct 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

General Information

Fund Details

Type	Description
Fund Name	Macquarie True Index Sovereign Bond (Wholesale)
Responsible Entity	Macquarie Investment Management Aus Ltd.
APIR Code	MAQ0636AU
Sector/Asset Class	Bonds - Australia
Morningstar Rating	(as at 31 Oct 2025)
Legal Structure	Investment Fund
Fund Inception	7 Dec 2009
Fund Size	$800.09 million (as at 31 Oct 2025)
Entry Price	$0.9925 (as at 19 Nov 2025)
Exit Price	$0.9915 (as at 19 Nov 2025)
Fund Status	Open

Offer information

Type	Description
MER	0% (as at 15 Jul 2025)
Indirect Cost Ratio (ICR)	0% (as at 31 Mar 2025)
Performance fee (not included in ICR)	0
Minimum initial investment	$500,000
Minimum additional investments	$50,000

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the Macquarie True Index Sovereign Bond

What is the objective of the Macquarie True Index Sovereign Bond managed fund?

The objective of the Macquarie True Index Sovereign Bond managed fund is The Macquarie True Index Sovereign Bond Fund provides exposure to the performance of the UBS Treasury Index and is designed to generate a return that tracks the Index return (before any buy/sell spread on applications and redemptions).

What is the strategy for the Macquarie True Index Sovereign Bond managed fund?

The strategy of the Macquarie True Index Sovereign Bond managed fund is The Fund aims to generate income and capital growth. The Fund makes two types of investments. Firstly, it invests in a Portfolio of Australian government, semi government, government guaranteed corporate and credit securities (Portfolio). Secondly, the Fund has entered into a swap agreement (Swap) with Macquarie Life Ltd (Macquarie Life) whereby the Fund pays the returns it receives from its investments in the Underlying Fund to Macquarie Life and, in return, Macquarie Life pays to the Fund the Index return.

What is the APIR code of the Macquarie True Index Sovereign Bond managed fund?

The APIR code of the Macquarie True Index Sovereign Bond managed fund is MAQ0636AU.

What was Macquarie True Index Sovereign Bond’s total return last month?

Macquarie True Index Sovereign Bond’s total return last month was 0.34%. This was made up of a growth return of 0.34% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

What was Macquarie True Index Sovereign Bond’s total return for the last three months?

Macquarie True Index Sovereign Bond’s total return for the last three months was 0.67%. This was made up of a growth return of 0.67% and an income return of 0%%. These returns were calculated as at 31 Oct 2025.

What is Macquarie True Index Sovereign Bond’s one-year total return?

Macquarie True Index Sovereign Bond’s one-year total return is 5.88%. This was made up of a growth return of 5.88% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

What is Macquarie True Index Sovereign Bond’s three-year total return?

Macquarie True Index Sovereign Bond’s one-year total return is 3.26%. This was made up of a growth return of 3.26% and an income return of 0%. These returns were calculated as at 31 Oct 2025.

What is the asset allocation of the Macquarie True Index Sovereign Bond managed fund?

The asset allocation of the Macquarie True Index Sovereign Bond managed fund is :

Cash: 10.70%

Fixed Interest: 89.30%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the Macquarie True Index Sovereign Bond managed fund?

The Responsible Entity for the Macquarie True Index Sovereign Bond managed fund is Macquarie Investment Management Aus Ltd..

What sector/asset class does the Macquarie True Index Sovereign Bond managed fund belong to?

The Macquarie True Index Sovereign Bond managed fund belongs to the Bonds - Australia sector/asset class.

What is the size of the Macquarie True Index Sovereign Bond managed fund?

As at 31 Oct 2025, the size of the Macquarie True Index Sovereign Bond managed fund was $800.09 million.

What is the inception date of the Macquarie True Index Sovereign Bond managed fund?

The Macquarie True Index Sovereign Bond managed fund has an inception date of 7 Dec 2009.

What is the current entry price of the Macquarie True Index Sovereign Bond managed fund?

The current entry price of the Macquarie True Index Sovereign Bond managed fund is $0.9925 per unit and the current exit price is $0.9915 per unit (as at 19 Nov 2025).

What is the current exit price of the Macquarie True Index Sovereign Bond managed fund?

The current exit price of the Macquarie True Index Sovereign Bond managed fund is $0.9915 per unit and the current entry price is $0.9925 per unit (as at 19 Nov 2025).

What is the minimum investment amount for the Macquarie True Index Sovereign Bond managed fund?

The minimum initial investment amount for the Macquarie True Index Sovereign Bond managed fund is $500,000. Minimum additional investment is $50000.

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.

What our members say about us