Max One High Yield Fixed Income A - Managed Fund (Closed)

Fund Objective

The Fund aims to provide investors with monthly income and seeks to achieve an annual target return of 7%.

Fund Strategy

Fund intends to invest in stable income producing Fixed Income Investments, which may consist of the following: Registered and unregistered managed investment schemes with high-yield fixed income strategies Residential mortgage-backed securities (RMBS) asset-backed securities. REITs and property debt. Cash and cash equivalents

Fund Performance Comparison

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Peers

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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.

Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.58%	1.72%	3.52%	7.23%	7.24%	-%	-%	-%
Growth return	0%	0%	0%	0%	0%	-%	-%	-%
Income return	0.58%	1.72%	3.52%	7.23%	7.24%	-%	-%	-%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return	0.31%	0.9%	1.83%	3.97%	4.22%	4.11%	2.71%	2.11%

As at 30 Apr 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Fixed Interest: 80.42%

Australian Equities: 0.03%

International Equities: 0%

Cash: 18.68%

Property & Infrastructure: 0.88%

Alternatives: 0%

General Information

Fund Details

Type	Description
Fund Name	Max One High Yield Fixed Income A
Fund Status	Closed
APIR Code
Sector/Asset Class	Non Investment Grade Debt
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	7 Jun 2020
Fund Size	n/a
Entry Price	$1 (as at 28 Apr 2023)
Exit Price	$1 (as at 28 Apr 2023)
Fund Status	Finalised

Offer information

Type	Description
MER	0.50% (as at 12 Nov 2021)
Indirect Cost Ratio (ICR)	0.50% (as at 30 Jun 2021)
Performance fee (not included in ICR)	0
Minimum initial investment
Minimum additional investments	$200,000

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FAQs about the Max One High Yield Fixed Income A

What is the objective of the Max One High Yield Fixed Income A managed fund?

The objective of the Max One High Yield Fixed Income A managed fund is The Fund aims to provide investors with monthly income and seeks to achieve an annual target return of 7%.

What is the strategy for the Max One High Yield Fixed Income A managed fund?

The strategy of the Max One High Yield Fixed Income A managed fund is Fund intends to invest in stable income producing Fixed Income Investments, which may consist of the following: Registered and unregistered managed investment schemes with high-yield fixed income strategies Residential mortgage-backed securities (RMBS) asset-backed securities. REITs and property debt. Cash and cash equivalents

What is the APIR code of the Max One High Yield Fixed Income A managed fund?

The APIR code of the Max One High Yield Fixed Income A managed fund is .

What was Max One High Yield Fixed Income A’s total return last month?

Max One High Yield Fixed Income A’s total return last month was 0.58%. This was made up of a growth return of 0% and an income return of 0.58%. These returns were calculated as at 30 Apr 2023.

What was Max One High Yield Fixed Income A’s total return for the last three months?

Max One High Yield Fixed Income A’s total return for the last three months was 1.72%. This was made up of a growth return of 0% and an income return of 1.72%%. These returns were calculated as at 30 Apr 2023.

What is Max One High Yield Fixed Income A’s one-year total return?

Max One High Yield Fixed Income A’s one-year total return is 7.23%. This was made up of a growth return of 0% and an income return of 7.23%. These returns were calculated as at 30 Apr 2023.

What is Max One High Yield Fixed Income A’s three-year total return?

Max One High Yield Fixed Income A’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Apr 2023.

What is the asset allocation of the Max One High Yield Fixed Income A managed fund?

The asset allocation of the Max One High Yield Fixed Income A managed fund is :

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

What sector/asset class does the Max One High Yield Fixed Income A managed fund belong to?

The Max One High Yield Fixed Income A managed fund belongs to the Non Investment Grade Debt sector/asset class.

What is the size of the Max One High Yield Fixed Income A managed fund?

As at , the size of the Max One High Yield Fixed Income A managed fund was $ million.

What is the inception date of the Max One High Yield Fixed Income A managed fund?

The Max One High Yield Fixed Income A managed fund has an inception date of 7 Jun 2020.

What is the current entry price of the Max One High Yield Fixed Income A managed fund?

The current entry price of the Max One High Yield Fixed Income A managed fund is $1 per unit and the current exit price is $1 per unit (as at 28 Apr 2023).

What is the current exit price of the Max One High Yield Fixed Income A managed fund?

The current exit price of the Max One High Yield Fixed Income A managed fund is $1 per unit and the current entry price is $1 per unit (as at 28 Apr 2023).

What is the minimum investment amount for the Max One High Yield Fixed Income A managed fund?

The minimum initial investment amount for the Max One High Yield Fixed Income A managed fund is $0. Minimum additional investment is $200000.

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.

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