AB Advantage Dynamic Global Fixed Income - Managed Fund (Closed)

The objective of the AB Advantage Dynamic Global Fixed Income managed fund is The Fund aims to achieve returns that exceed the Bloomberg AusBond Bank Bill Index after fees over five year periods. There is no guarantee that the Fund will achieve this investment objective or produce any return. Performance benchmark: Bloomberg AusBond Bank Bill Index Suggested minimum investment timeframe 5 year(s).

The strategy of the AB Advantage Dynamic Global Fixed Income managed fund is The Fund implements a global, multi-sector strategy investing in a broad range of debt and fixed income securities. The Fund may hold corporate bonds, government bonds, asset backed securities, mortgage backed securities, closed ended mutual funds (up to 5% of the Fund's assets) and bank loans located anywhere in the world, including developed and emerging countries. Up to 40% of the Fund's assets may be higher risk and rated below investment grade.

The APIR code of the AB Advantage Dynamic Global Fixed Income managed fund is AMP2066AU.

AB Advantage Dynamic Global Fixed Income’s total return last month was 0.17%. This was made up of a growth return of 0.17% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

AB Advantage Dynamic Global Fixed Income’s total return for the last three months was 0.64%. This was made up of a growth return of 0.64% and an income return of 0%%. These returns were calculated as at 31 Oct 2020.

AB Advantage Dynamic Global Fixed Income’s one-year total return is 1.76%. This was made up of a growth return of -1.8% and an income return of 3.56%. These returns were calculated as at 31 Oct 2020.

AB Advantage Dynamic Global Fixed Income’s one-year total return is 2.41%. This was made up of a growth return of 0.26% and an income return of 2.15%. These returns were calculated as at 31 Oct 2020.

The asset allocation of the AB Advantage Dynamic Global Fixed Income managed fund is :

The Responsible Entity for the AB Advantage Dynamic Global Fixed Income managed fund is IPAC Asset Management Limited.

The AB Advantage Dynamic Global Fixed Income managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at , the size of the AB Advantage Dynamic Global Fixed Income managed fund was $ million.

The AB Advantage Dynamic Global Fixed Income managed fund has an inception date of 11 Feb 2016.

The current entry price of the AB Advantage Dynamic Global Fixed Income managed fund is $1.00116 per unit and the current exit price is $0.99876 per unit (as at 20 Nov 2020).

The current exit price of the AB Advantage Dynamic Global Fixed Income managed fund is $0.99876 per unit and the current entry price is $1.00116 per unit (as at 20 Nov 2020).

The minimum initial investment amount for the AB Advantage Dynamic Global Fixed Income managed fund is $50,000.