InvestSMART

OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE - Managed Fund (Closed)

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 0.46% 0.5% 3.21% 1.44% -1.15% 0.14% -0.49% 0.23%
Growth return 0.46% -0.35% 1.34% -4.48% -6.93% -5.16% -3.75% -1.99%
Income return 0% 0.85% 1.87% 5.92% 5.78% 5.3% 3.26% 2.22%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -0.23% 0.69% 1.72% 4.42% 3.32% 3.98% -0.59% 1.95%
As at 30 Apr 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
4.49%
Australian Equities
0.01%
International Equities
-0.17%
Property & Infrastructure
0.27%
Fixed Interest
93.06%
Alternatives
2.33%

General Information

Fund Details
Type Description
OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE
Closed
OnePath Funds Management Limited
MMF0553AU
Diversified Credit
star (as at 30 Apr 2023)
Investment Fund
10 Sep 2003
$0 million (as at 31 May 2023)
$0.783 (as at 15 May 2023)
$0.7803 (as at 15 May 2023)
Finalised
Offer information
Type Description
MER 1.94% (as at 25 Jul 2022)
Indirect Cost Ratio (ICR) - Estimated 1.94% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount
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FAQs about the OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE

The objective of the OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE 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 OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE 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 OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund is MMF0553AU.

OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE’s total return last month was 0.46%. This was made up of a growth return of 0.46% and an income return of 0%. These returns were calculated as at 30 Apr 2023.

OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE’s total return for the last three months was 0.5%. This was made up of a growth return of -0.35% and an income return of 0.85%%. These returns were calculated as at 30 Apr 2023.

OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE’s one-year total return is 1.44%. This was made up of a growth return of -4.48% and an income return of 5.92%. These returns were calculated as at 30 Apr 2023.

OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE’s one-year total return is 0.14%. This was made up of a growth return of -5.16% and an income return of 5.3%. These returns were calculated as at 30 Apr 2023.

The asset allocation of the OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund is :

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

The Responsible Entity for the OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund is OnePath Funds Management Limited.

The OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund belongs to the Diversified Credit sector/asset class.

As at 31 May 2023, the size of the OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund was $0 million.

The OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund has an inception date of 10 Sep 2003.

The current entry price of the OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund is $0.783 per unit and the current exit price is $0.7803 per unit (as at 15 May 2023).

The current exit price of the OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund is $0.7803 per unit and the current entry price is $0.783 per unit (as at 15 May 2023).

The minimum initial investment amount for the OnePath OneAnswer - Investment Portfolio - OnePath Dvrs Crdt NE managed fund is $0. Minimum additional investment is $0.

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.