InvestSMART

National Australian Investment Bond - Fixed Interest - Managed Fund (Closed)

Fund Objective
To provide stable income through low return variability.
Fund Strategy
Investment decisions are made to protect against reductions in capital value. Holdings will comprise government and semi-government stocks, debentures, loans, preference shares, and cash.

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.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.73% -4.13% -3.63% -0.73% 3.14% 5.68% 6.99% -%
Growth return -0.73% -4.13% -3.63% -0.73% 3.14% 5.68% 6.99% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.42% -0.34% -1.48% 1.51% 2.35% 2.06% 0.15% 1.79%
As at 30 Apr 1994. 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
91.20%
Australian Equities
0.58%
International Equities
0%
Cash
7.87%
Property & Infrastructure
0.12%
Alternatives
0.21%

General Information

Fund Details
Type Description
National Australian Investment Bond - Fixed Interest
Closed
National Australia Financial Mgmt Ltd
NAB0203AU
Bonds - Australia
Not Rated
Investment Fund
29 Apr 1988
$10.3 million (as at 31 Mar 1994)
n/a
$1.48 (as at 12 May 1994)
Finalised
Offer information
Type Description
Minimum initial investment $2,000.00
Your guide to next steps

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

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
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.
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
Guide to tidying up your Portfolio Manager holdings

FAQs about the National Australian Investment Bond - Fixed Interest

The objective of the National Australian Investment Bond - Fixed Interest managed fund is To provide stable income through low return variability.

The strategy of the National Australian Investment Bond - Fixed Interest managed fund is Investment decisions are made to protect against reductions in capital value. Holdings will comprise government and semi-government stocks, debentures, loans, preference shares, and cash.

The APIR code of the National Australian Investment Bond - Fixed Interest managed fund is NAB0203AU.

National Australian Investment Bond - Fixed Interest’s total return last month was -0.73%. This was made up of a growth return of -0.73% and an income return of 0%. These returns were calculated as at 30 Apr 1994.

National Australian Investment Bond - Fixed Interest’s total return for the last three months was -4.13%. This was made up of a growth return of -4.13% and an income return of 0%%. These returns were calculated as at 30 Apr 1994.

National Australian Investment Bond - Fixed Interest’s one-year total return is -0.73%. This was made up of a growth return of -0.73% and an income return of 0%. These returns were calculated as at 30 Apr 1994.

National Australian Investment Bond - Fixed Interest’s one-year total return is 5.68%. This was made up of a growth return of 5.68% and an income return of 0%. These returns were calculated as at 30 Apr 1994.

The asset allocation of the National Australian Investment Bond - Fixed Interest managed fund is :

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

The Responsible Entity for the National Australian Investment Bond - Fixed Interest managed fund is National Australia Financial Mgmt Ltd.

The National Australian Investment Bond - Fixed Interest managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Mar 1994, the size of the National Australian Investment Bond - Fixed Interest managed fund was $10.3 million.

The National Australian Investment Bond - Fixed Interest managed fund has an inception date of 29 Apr 1988.

The current entry price of the National Australian Investment Bond - Fixed Interest managed fund is $ per unit and the current exit price is $1.48 per unit (as at 12 May 1994).

The current exit price of the National Australian Investment Bond - Fixed Interest managed fund is $1.48 per unit and the current entry price is $ per unit (as at 12 May 1994).

The minimum initial investment amount for the National Australian Investment Bond - Fixed Interest managed fund is $2,000.

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.