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  5. Morningstar Australian Bonds - Managed fund profile

Morningstar Australian Bonds - Managed Fund (Closed)

Fund Objective
Aims to match and, where possible, enhance performance relative to the benchmark over rolling 3 year periods by investing predominantly in Australian investment grade bonds.
Fund Strategy
A Fund predominantly invested in government, semi-government and/or corporate Australian bonds. The Fund aims to deliver a superior risk return profile to the performance benchmark and aims to provide investors with a consistent income, whilst also looking to preserve underlying capital. To implement this strategy, Morningstar may design portfolios and/or appoint managers to manage the assets of the Fund.

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 1.05% 2.2% 2.86% 2.71% 3.57% 4.75% 4.32% 6.1%
Growth return 0.83% 1.28% 0.39% -4.73% -3.26% -0.88% -0.85% -0.24%
Income return 0.22% 0.92% 2.47% 7.44% 6.83% 5.63% 5.17% 6.34%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.12% 1.03% 4.85% 1.47% 0.91% -1.29% 0.17% 2.59%
As at 31 May 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Morningstar Australian Bonds
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
95.55%
Australian Equities
0.60%
International Equities
0.24%
Cash
3.23%
Property
0.03%
Alternatives
0.35%

General Information

Fund Details
Type Description
Morningstar Australian Bonds (Wholesale)
Closed
Morningstar Investment Management Austra
INT0020AU
Bonds - Australia
starstarstarstar (as at 30 Jun 2017)
Investment Fund
15 May 2003
$263.11 million (as at 30 Jun 2017)
$1.00726 (as at 10 Jul 2017)
$1.00524 (as at 10 Jul 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.35% (as at 1 Jul 2016)
Minimum initial investment $500,000
Minimum additional investments $100,000
Minimum redemption amount $100,000

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Australia (Commonwealth of) 3.25% Bond - Gov't/Treasury 4.17%
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FAQs about the Morningstar Australian Bonds

The objective of the Morningstar Australian Bonds managed fund is Aims to match and, where possible, enhance performance relative to the benchmark over rolling 3 year periods by investing predominantly in Australian investment grade bonds.

The strategy of the Morningstar Australian Bonds managed fund is A Fund predominantly invested in government, semi-government and/or corporate Australian bonds. The Fund aims to deliver a superior risk return profile to the performance benchmark and aims to provide investors with a consistent income, whilst also looking to preserve underlying capital. To implement this strategy, Morningstar may design portfolios and/or appoint managers to manage the assets of the Fund.

The APIR code of the Morningstar Australian Bonds managed fund is INT0020AU.

Morningstar Australian Bonds’s total return last month was 1.05%. This was made up of a growth return of 0.83% and an income return of 0.22%. These returns were calculated as at 31 May 2017.

Morningstar Australian Bonds’s total return for the last three months was 2.2%. This was made up of a growth return of 1.28% and an income return of 0.92%%. These returns were calculated as at 31 May 2017.

Morningstar Australian Bonds’s one-year total return is 2.71%. This was made up of a growth return of -4.73% and an income return of 7.44%. These returns were calculated as at 31 May 2017.

Morningstar Australian Bonds’s one-year total return is 4.75%. This was made up of a growth return of -0.88% and an income return of 5.63%. These returns were calculated as at 31 May 2017.

The asset allocation of the Morningstar Australian Bonds managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Morningstar Australian Bonds managed fund is Morningstar Investment Management Austra.

The Morningstar Australian Bonds managed fund belongs to the Bonds - Australia sector/asset class.

As at 30 Jun 2017, the size of the Morningstar Australian Bonds managed fund was $263.11 million.

The Morningstar Australian Bonds managed fund has an inception date of 15 May 2003.

The current entry price of the Morningstar Australian Bonds managed fund is $1.00726 per unit and the current exit price is $1.00524 per unit (as at 10 Jul 2017).

The current exit price of the Morningstar Australian Bonds managed fund is $1.00524 per unit and the current entry price is $1.00726 per unit (as at 10 Jul 2017).

The minimum initial investment amount for the Morningstar Australian Bonds managed fund is $500,000. Minimum additional investment is $100000.

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.