InvestSMART

OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a steady stream of income and capital stability over the medium term while aiming to outperform its benchmark through market cycles.
Fund Strategy
The fund is managed by Kapstream who applies an innovative, flexible, and risk averse approach to fixed income portfolio management. The fund targets an absolute return over time, by investing in a global, diversified portfolio of predominantly investment grade fixed income securities, according to Kapstream's global macroeconomic and market views.

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 0.13% 0.52% 1.87% 1.39% -0.18% 0.11% 0.04% -%
Growth return 0.13% 0.52% 1.87% 1.39% -0.18% 0.11% 0.04% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.1% 0.4% 3.04% 4.09% 5.59% 4.25% -0.23% 2.12%
As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF
Cash
12.78%
Fixed Interest
87.22%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.32%
Fixed Interest
92.77%
Australian Equities
0.63%
International Equities
0.01%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF
Closed
OnePath Custodians Pty Limited
MMF4815AU
Unconstrained Fixed Income
star (as at 31 May 2023)
Superannuation Fund
26 May 2018
$0 million (as at 31 May 2023)
$1.00361 (as at 7 Jun 2023)
$1.00291 (as at 7 Jun 2023)
Finalised
Offer information
Type Description
MER 1.89% (as at 28 Apr 2023)
Indirect Cost Ratio (ICR) - Estimated 1.89% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025) Type % of Portfolio
Volkswagen Financial Services Australia Pty Ltd. 5.1% Bond - Corporate Bond 3.81%
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FAQs about the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF

The objective of the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund is The Fund aims to provide a steady stream of income and capital stability over the medium term while aiming to outperform its benchmark through market cycles.

The strategy of the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund is The fund is managed by Kapstream who applies an innovative, flexible, and risk averse approach to fixed income portfolio management. The fund targets an absolute return over time, by investing in a global, diversified portfolio of predominantly investment grade fixed income securities, according to Kapstream's global macroeconomic and market views.

The APIR code of the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund is MMF4815AU.

OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF’s total return last month was 0.13%. This was made up of a growth return of 0.13% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF’s total return for the last three months was 0.52%. This was made up of a growth return of 0.52% and an income return of 0%%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF’s one-year total return is 1.39%. This was made up of a growth return of 1.39% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF’s one-year total return is 0.11%. This was made up of a growth return of 0.11% and an income return of 0%. These returns were calculated as at 31 May 2023.

The asset allocation of the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund is :

Cash
12.78%
Fixed Interest
87.22%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund is OnePath Custodians Pty Limited.

The OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 May 2023, the size of the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund was $0 million.

The OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund has an inception date of 26 May 2018.

The current entry price of the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund is $1.00361 per unit and the current exit price is $1.00291 per unit (as at 7 Jun 2023).

The current exit price of the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund is $1.00291 per unit and the current entry price is $1.00361 per unit (as at 7 Jun 2023).

The minimum initial investment amount for the OnePath OneAnswer - TTR - Kapstream Absolute Return Income NEF managed fund is $20,000. 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.