InvestSMART

OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF - Managed Fund (Closed)

Fund Objective
The fund's investment objective is to achieve a return of 2.5% (gross of fees) per annum above the Bloomberg AusBond Bank Bill Index over the full economic cycle. The fund seeks to generate positive returns from global fixed-income with a focus on downside risk and providing diversification from equity markets.
Fund Strategy
The investment strategy of the fund is: To generate a consistent performance over the benchmark by exploiting inefficiencies in the global fixed income and currency markets. To achieve a total return, including capital gains and income, in excess of 2.5% per annum gross of fees above the benchmark over the full economic cycle. To control the amount of risk taken and to limit downside risk. Minimum 80% of the currency risk hedged back to the Australian dollar.

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 -0.35% -0.24% -0.19% -0.99% -0.48% 0.97% 1.07% -%
Growth return -0.35% -0.24% -0.19% -0.99% -0.48% 0.97% 1.07% -%
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 - T.Rowe Prc Dyn Global Bond NEF
International Equities
0.10%
Cash
3.93%
Fixed Interest
95.97%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0.01%
Cash
6.02%
Fixed Interest
93%
Australian Equities
0.62%
Property & Infrastructure
0.13%
Alternatives
0.22%

General Information

Fund Details
Type Description
OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF
Closed
OnePath Custodians Pty Limited
MMF7268AU
Unconstrained Fixed Income
starstarstar (as at 31 May 2023)
Superannuation Fund
26 May 2018
$0 million (as at 31 May 2023)
$1.05089 (as at 7 Jun 2023)
$1.0467 (as at 7 Jun 2023)
Finalised
Offer information
Type Description
MER 1.82% (as at 28 Apr 2023)
Indirect Cost Ratio (ICR) - Estimated 1.82% (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 30 Sep 2025)

Holding (as at 30 Sep 2025) Type % of Portfolio
Usd Zcis 5/14/26 Rec Cpi 20250514 319.38268% 20260514 Bond - Undefined 13.48%
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FAQs about the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF

The objective of the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund is The fund's investment objective is to achieve a return of 2.5% (gross of fees) per annum above the Bloomberg AusBond Bank Bill Index over the full economic cycle. The fund seeks to generate positive returns from global fixed-income with a focus on downside risk and providing diversification from equity markets.

The strategy of the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund is The investment strategy of the fund is: To generate a consistent performance over the benchmark by exploiting inefficiencies in the global fixed income and currency markets. To achieve a total return, including capital gains and income, in excess of 2.5% per annum gross of fees above the benchmark over the full economic cycle. To control the amount of risk taken and to limit downside risk. Minimum 80% of the currency risk hedged back to the Australian dollar.

The APIR code of the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund is MMF7268AU.

OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF’s total return last month was -0.35%. This was made up of a growth return of -0.35% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF’s total return for the last three months was -0.24%. This was made up of a growth return of -0.24% and an income return of 0%%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF’s one-year total return is -0.99%. This was made up of a growth return of -0.99% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF’s one-year total return is 0.97%. This was made up of a growth return of 0.97% and an income return of 0%. These returns were calculated as at 31 May 2023.

The asset allocation of the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund is :

International Equities
0.10%
Cash
3.93%
Fixed Interest
95.97%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund is OnePath Custodians Pty Limited.

The OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 May 2023, the size of the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund was $0 million.

The OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund has an inception date of 26 May 2018.

The current entry price of the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund is $1.05089 per unit and the current exit price is $1.0467 per unit (as at 7 Jun 2023).

The current exit price of the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond NEF managed fund is $1.0467 per unit and the current entry price is $1.05089 per unit (as at 7 Jun 2023).

The minimum initial investment amount for the OnePath OneAnswer - TTR - T.Rowe Prc Dyn Global Bond 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.