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  5. OnePath Wholesale Diversified Credit - Managed fund profile

OnePath Wholesale Diversified Credit - Managed Fund

Fund Objective
The fund aims to provide income and achieve returns (before fees, charges and taxes) that exceed the Bloomberg AusBond Bank Bill Index by at least 2.0% p.a., over periods of three years or more.
Fund Strategy
The fund invests predominantly in a diversified mix of Australian and international credit. The fund is actively managed using disciplined investment processes.

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 0.76% 2.45% 3.06% 6.66% 1.77% 1.75% 1.67% 2.28%
Growth return 0.76% 0.63% 0% 1.86% -1.77% -3.88% -2.01% -1.15%
Income return 0% 1.82% 3.06% 4.8% 3.54% 5.63% 3.68% 3.43%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.49% 1.25% 1.39% 2.84% 4.39% 2.5% -0.63% 1.95%
As at 31 Aug 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
92.34%
Australian Equities
0.06%
International Equities
0.01%
Cash
5.43%
Property & Infrastructure
0%
Alternatives
2.17%

General Information

Fund Details
Type Description
OnePath Wholesale Diversified Credit (Wholesale)
OnePath Funds Management Limited
MMF0708AU
Diversified Credit
starstarstar (as at 31 Aug 2023)
Investment Fund
29 Mar 2024
$0.55 million (as at 31 Aug 2023)
$0.6377 (as at 15 Sep 2023)
$0.6377 (as at 15 Sep 2023)
Suppressed
Offer information
Type Description
MER 0.65% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 0.69% (as at 30 Jun 2018)
Minimum initial investment $5,000.00
Minimum redemption amount $10,000.00

FAQs about the OnePath Wholesale Diversified Credit

The objective of the OnePath Wholesale Diversified Credit managed fund is The fund aims to provide income and achieve returns (before fees, charges and taxes) that exceed the Bloomberg AusBond Bank Bill Index by at least 2.0% p.a., over periods of three years or more.

The strategy of the OnePath Wholesale Diversified Credit managed fund is The fund invests predominantly in a diversified mix of Australian and international credit. The fund is actively managed using disciplined investment processes.

The APIR code of the OnePath Wholesale Diversified Credit managed fund is MMF0708AU.

OnePath Wholesale Diversified Credit’s total return last month was 0.76%. This was made up of a growth return of 0.76% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

OnePath Wholesale Diversified Credit’s total return for the last three months was 2.45%. This was made up of a growth return of 0.63% and an income return of 1.82%%. These returns were calculated as at 31 Aug 2023.

OnePath Wholesale Diversified Credit’s one-year total return is 6.66%. This was made up of a growth return of 1.86% and an income return of 4.8%. These returns were calculated as at 31 Aug 2023.

OnePath Wholesale Diversified Credit’s one-year total return is 1.75%. This was made up of a growth return of -3.88% and an income return of 5.63%. These returns were calculated as at 31 Aug 2023.

The asset allocation of the OnePath Wholesale Diversified Credit managed fund is :

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

The Responsible Entity for the OnePath Wholesale Diversified Credit managed fund is OnePath Funds Management Limited.

The OnePath Wholesale Diversified Credit managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Aug 2023, the size of the OnePath Wholesale Diversified Credit managed fund was $0.55 million.

The OnePath Wholesale Diversified Credit managed fund has an inception date of 29 Mar 2024.

The current entry price of the OnePath Wholesale Diversified Credit managed fund is $0.6377 per unit and the current exit price is $0.6377 per unit (as at 15 Sep 2023).

The current exit price of the OnePath Wholesale Diversified Credit managed fund is $0.6377 per unit and the current entry price is $0.6377 per unit (as at 15 Sep 2023).

The minimum initial investment amount for the OnePath Wholesale Diversified Credit managed fund is $5,000.

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.