InvestSMART

Suncorp Brighter Super Business - Suncorp Australian Fixed Interest - Managed Fund (Closed)

Fund Objective
Aims to outperform the Bloomberg AusBond Composite (All Maturities) Index over any rolling 3-year period.
Fund Strategy
The fund invests predominantly in cash, term deposits, floating rate notes, Australian government and semi-government securities, and money market financial instruments including bank accepted bills, promissory notes and certificates of deposit and credit securities with a minimum S&P credit rating of BBB-. The fund is permitted to invest in derivatives but not for gearing purposes.

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 -1.35% 1.4% 1.08% 0.78% -3.63% -2.58% 0.72% -%
Growth return -1.35% 1.4% 1.08% 0.78% -3.63% -2.58% 0.72% -%
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

Suncorp Brighter Super Business - Suncorp Australian Fixed Interest
Cash
2.44%
Fixed Interest
97.56%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.46%
Fixed Interest
92.63%
Australian Equities
0.63%
International Equities
0.01%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
Suncorp Brighter Super Business - Suncorp Australian Fixed Interest
Closed
Suncorp Portfolio Services Limited
RSA0989AU
Bonds - Australia
starstarstarstarstar (as at 31 May 2023)
Superannuation Fund
30 May 2016
$14.45 million (as at 31 Mar 2023)
$21.5068 (as at 31 May 2023)
$21.481 (as at 31 May 2023)
Finalised
Offer information
Type Description
MER 1.89% (as at 4 Feb 2022)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest

The objective of the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund is Aims to outperform the Bloomberg AusBond Composite (All Maturities) Index over any rolling 3-year period.

The strategy of the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund is The fund invests predominantly in cash, term deposits, floating rate notes, Australian government and semi-government securities, and money market financial instruments including bank accepted bills, promissory notes and certificates of deposit and credit securities with a minimum S&P credit rating of BBB-. The fund is permitted to invest in derivatives but not for gearing purposes.

The APIR code of the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund is RSA0989AU.

Suncorp Brighter Super Business - Suncorp Australian Fixed Interest’s total return last month was -1.35%. This was made up of a growth return of -1.35% and an income return of 0%. These returns were calculated as at 31 May 2023.

Suncorp Brighter Super Business - Suncorp Australian Fixed Interest’s total return for the last three months was 1.4%. This was made up of a growth return of 1.4% and an income return of 0%%. These returns were calculated as at 31 May 2023.

Suncorp Brighter Super Business - Suncorp Australian Fixed Interest’s one-year total return is 0.78%. This was made up of a growth return of 0.78% and an income return of 0%. These returns were calculated as at 31 May 2023.

Suncorp Brighter Super Business - Suncorp Australian Fixed Interest’s one-year total return is -2.58%. This was made up of a growth return of -2.58% and an income return of 0%. These returns were calculated as at 31 May 2023.

The asset allocation of the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund is :

Cash
2.44%
Fixed Interest
97.56%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund is Suncorp Portfolio Services Limited.

The Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Mar 2023, the size of the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund was $14.45 million.

The Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund has an inception date of 30 May 2016.

The current entry price of the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund is $21.5068 per unit and the current exit price is $21.481 per unit (as at 31 May 2023).

The current exit price of the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest managed fund is $21.481 per unit and the current entry price is $21.5068 per unit (as at 31 May 2023).

The minimum initial investment amount for the Suncorp Brighter Super Business - Suncorp Australian Fixed Interest 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.