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  5. 188 Universal Accnt RAM Dvrs Fixed Income - Managed fund profile

188 Universal Accnt RAM Dvrs Fixed Income - Managed Fund

Fund Objective
The funds primary objective is to deliver regular income and aims to provide a gross return, including imputation credits (before fees, costs and taxes) that exceeds the Bloomberg AusBond Bank Bill Index by 2% per annum over the medium term, with moderate levels of capital volatility.
Fund Strategy
The fund aims to deliver regular, tax effective income with moderate levels of capital volatility. The investment strategy of the Fund is to primarily invest in Australian income producing debt and hybrid credit securities issued by Australian financial institutions and corporations listed on the Australia Stock Exchange or debt securities in OTC markets issued by Australian financial institutions.

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 0.1% 0.92% 2.19% 4.49% 4.42% 3.47% 2.53% -%
Growth return -0.6% 1.11% 0.76% 1.26% 0.25% -0.3% -0.34% -%
Income return 0.7% -0.19% 1.43% 3.23% 4.17% 3.77% 2.87% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.93% 1.63% 1.16% 4.18% 3.85% 0.32% -0.59% 1.9%
As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
0.04%
Australian Equities
1.07%
International Equities
0.47%
Cash
4.59%
Property
0.06%
Fixed Interest
93.76%

General Information

Fund Details
Type Description
188 Universal Accnt RAM Dvrs Fixed Income
OneVue RE Services Limited
Unconstrained Fixed Income
Not Rated
Investment Fund
31 Aug 2019
n/a
$0.9868 (as at 31 Jan 2025)
$0.9833 (as at 31 Jan 2025)
Open
Offer information
Type Description
Minimum initial investment $500,000
Minimum additional investments $500,000

FAQs about the 188 Universal Accnt RAM Dvrs Fixed Income

The objective of the 188 Universal Accnt RAM Dvrs Fixed Income managed fund is The funds primary objective is to deliver regular income and aims to provide a gross return, including imputation credits (before fees, costs and taxes) that exceeds the Bloomberg AusBond Bank Bill Index by 2% per annum over the medium term, with moderate levels of capital volatility.

The strategy of the 188 Universal Accnt RAM Dvrs Fixed Income managed fund is The fund aims to deliver regular, tax effective income with moderate levels of capital volatility. The investment strategy of the Fund is to primarily invest in Australian income producing debt and hybrid credit securities issued by Australian financial institutions and corporations listed on the Australia Stock Exchange or debt securities in OTC markets issued by Australian financial institutions.

The APIR code of the 188 Universal Accnt RAM Dvrs Fixed Income managed fund is .

188 Universal Accnt RAM Dvrs Fixed Income’s total return last month was 0.1%. This was made up of a growth return of -0.6% and an income return of 0.7%. These returns were calculated as at 31 Jan 2025.

188 Universal Accnt RAM Dvrs Fixed Income’s total return for the last three months was 0.92%. This was made up of a growth return of 1.11% and an income return of -0.19%%. These returns were calculated as at 31 Jan 2025.

188 Universal Accnt RAM Dvrs Fixed Income’s one-year total return is 4.49%. This was made up of a growth return of 1.26% and an income return of 3.23%. These returns were calculated as at 31 Jan 2025.

188 Universal Accnt RAM Dvrs Fixed Income’s one-year total return is 3.47%. This was made up of a growth return of -0.3% and an income return of 3.77%. These returns were calculated as at 31 Jan 2025.

The asset allocation of the 188 Universal Accnt RAM Dvrs Fixed Income managed fund is :

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

The Responsible Entity for the 188 Universal Accnt RAM Dvrs Fixed Income managed fund is OneVue RE Services Limited.

The 188 Universal Accnt RAM Dvrs Fixed Income managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at , the size of the 188 Universal Accnt RAM Dvrs Fixed Income managed fund was $ million.

The 188 Universal Accnt RAM Dvrs Fixed Income managed fund has an inception date of 31 Aug 2019.

The current entry price of the 188 Universal Accnt RAM Dvrs Fixed Income managed fund is $0.9868 per unit and the current exit price is $0.9833 per unit (as at 31 Jan 2025).

The current exit price of the 188 Universal Accnt RAM Dvrs Fixed Income managed fund is $0.9833 per unit and the current entry price is $0.9868 per unit (as at 31 Jan 2025).

The minimum initial investment amount for the 188 Universal Accnt RAM Dvrs Fixed Income managed fund is $500,000. Minimum additional investment is $500000.

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.