OnePath OneAnswer - Frontier Investment Portfolio - Kapstream Absolute Return Income - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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 - - - - - - - -
Growth return 0 3.41 3.43 -8.6 - - - -
Income return - - - - - - - -
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.48 0.82 1.69 3.09 1.66 3.41 4.38 6.09
Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fixed Interest
97.94%
Cash
2.06%

General Information

Fund Details
Type Description
OnePath OneAnswer - Frontier Investment Portfolio - Kapstream Absolute Return Income
OnePath Funds Management Limited
MMF1473AU
Multi-Strategy Income
Not Rated
Investment Fund
15 Nov 2010
$86.63 million (as at 31 May 2018)
$1.04263 (as at 13 Jul 2018)
$1.04263 (as at 13 Jul 2018)
Fund Objective
The Fund aims to generate monthly income in excess of that available from short-term money market securities and cash rates. The Fund aims to achieve a total return of 1.70% p.a. in excess of the Bloomberg AusBond Bank Bill IndexSM before fees over the medium term (3 years).
Fund Strategy
To achieve its objective, the Fund invests in longer dated floating rate instruments and fixed rate instruments swapped back to floating rate exposures and international debt securities (hedged in Australian Dollars) swapped back to domestic floating rate exposures.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2016)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 May 2018)

Holding (as at 31 May 2018) Type % of Portfolio
Swap Irs X Aud/ 20200129 Interest Rate Swap 5.37%
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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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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