InvestSMART

MyNorth Australian Inflation Lkd Bond Index - Managed Fund (Closed)

Fund Objective
To track the return of the Bloomberg AusBond Inflation Government 0 Yr Index before taking into account fees, expenses, and tax.
Fund Strategy
The Investment Option invests in inflation-linked bonds issued by the government and semi-government authorities of Australia.

Fund Performance Comparison

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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

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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 -0.65% 3.79% 3.53% -% -% -% -% -%
Growth return -0.65% 3.79% 3.53% -% -% -% -% -%
Income return 0% 0% 0% -% -% -% -% -%
Market index (Bloomberg AusBond Infl 0-10Y TR AUD)
Total return -0.25% 1.36% 0.5% 4.3% 3.03% 3.8% 3.19% 4.49%
As at 31 May 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
98.52%
Cash
1.48%

General Information

Fund Details
Type Description
MyNorth Australian Inflation Lkd Bond Index
Closed
IPAC Asset Management Limited
IPA9728AU
Bonds - Inflation-linked
Not Rated
Investment Fund
30 Sep 2022
$0 million (as at 31 May 2023)
$1.10688 (as at 19 Jun 2023)
$1.10467 (as at 19 Jun 2023)
Finalised
Offer information
Type Description
MER 0.25% (as at 30 Sep 2022)
Minimum initial investment $500,000
Minimum additional investments $5,000.00
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FAQs about the MyNorth Australian Inflation Lkd Bond Index

The objective of the MyNorth Australian Inflation Lkd Bond Index managed fund is To track the return of the Bloomberg AusBond Inflation Government 0+ Yr Index before taking into account fees, expenses, and tax.

The strategy of the MyNorth Australian Inflation Lkd Bond Index managed fund is The Investment Option invests in inflation-linked bonds issued by the government and semi-government authorities of Australia.

The APIR code of the MyNorth Australian Inflation Lkd Bond Index managed fund is IPA9728AU.

MyNorth Australian Inflation Lkd Bond Index’s total return last month was -0.65%. This was made up of a growth return of -0.65% and an income return of 0%. These returns were calculated as at 31 May 2023.

MyNorth Australian Inflation Lkd Bond Index’s total return for the last three months was 3.79%. This was made up of a growth return of 3.79% and an income return of 0%%. These returns were calculated as at 31 May 2023.

MyNorth Australian Inflation Lkd Bond Index’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 31 May 2023.

MyNorth Australian Inflation Lkd Bond Index’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 31 May 2023.

The asset allocation of the MyNorth Australian Inflation Lkd Bond Index managed fund is :

Fixed Interest
100%
Cash
0%

The Responsible Entity for the MyNorth Australian Inflation Lkd Bond Index managed fund is IPAC Asset Management Limited.

The MyNorth Australian Inflation Lkd Bond Index managed fund belongs to the Bonds - Inflation-linked sector/asset class.

As at 31 May 2023, the size of the MyNorth Australian Inflation Lkd Bond Index managed fund was $0 million.

The MyNorth Australian Inflation Lkd Bond Index managed fund has an inception date of 30 Sep 2022.

The current entry price of the MyNorth Australian Inflation Lkd Bond Index managed fund is $1.10688 per unit and the current exit price is $1.10467 per unit (as at 19 Jun 2023).

The current exit price of the MyNorth Australian Inflation Lkd Bond Index managed fund is $1.10467 per unit and the current entry price is $1.10688 per unit (as at 19 Jun 2023).

The minimum initial investment amount for the MyNorth Australian Inflation Lkd Bond Index managed fund is $500,000. Minimum additional investment is $5000.

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.