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  5. Altius Sustainable Bond Fund - Managed fund profile

Altius Sustainable Bond Fund - Managed Fund

Fund Objective
To outperform the benchmark (50% Reserve Bank of Australia Cash Rate and 50% Bloomberg Ausbond Composite 0 Year Index) after fees over rolling three-year periods.
Fund Strategy
Altius employs an active and diversified strategy that aims to capture the upside of the bond market, while avoiding returns less than cash in a rising rate or deteriorating credit environment. High conviction and high quality trades are used to exploit the mis-pricing of bonds at all stages of the economic cycle. An ethical overlay is used to ensure security issuers involved in certain activities identified by the Fund's Sustainability Policy are not considered for inclusion in the Fund investment universe.

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 1.21% 0.61% 1.53% 5.06% 4.6% 0.89% 0.7% -%
Growth return 0.78% 0.19% 0.68% 3.46% 3.01% -1.58% -1.54% -%
Income return 0.43% 0.42% 0.85% 1.6% 1.59% 2.47% 2.24% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD )
Total return 0.77% -0.84% 0.18% 3.68% 2.45% -2.06% -0.6% 2.19%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Altius Sustainable Bond Fund
Cash
0.31%
Fixed Interest
99.69%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
4.60%
Fixed Interest
92.84%
Australian Equities
1.60%
International Equities
0.51%
Property
0.10%
Alternatives
0.35%

General Information

Fund Details
Type Description
Altius Sustainable Bond Fund
Australian Unity Funds Management Ltd
AUS0071AU
Bonds - Australia
starstarstarstar (as at 31 May 2024)
Investment Fund
20 Nov 2014
$163.4 million (as at 31 May 2024)
$0.9468 (as at 4 Jul 2024)
$0.9458 (as at 4 Jul 2024)
Open
Offer information
Type Description
MER 0.49% (as at 21 Dec 2022)
Indirect Cost Ratio (ICR) 0.49% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
10Y Australia T-Bond (Sfe) Mar 24 Bond - Treasury Future 16.47%
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FAQs about the Altius Sustainable Bond Fund

The objective of the Altius Sustainable Bond Fund managed fund is To outperform the benchmark (50% Reserve Bank of Australia Cash Rate and 50% Bloomberg Ausbond Composite 0+Year Index) after fees over rolling three-year periods.

The strategy of the Altius Sustainable Bond Fund managed fund is Altius employs an active and diversified strategy that aims to capture the upside of the bond market, while avoiding returns less than cash in a rising rate or deteriorating credit environment. High conviction and high quality trades are used to exploit the mis-pricing of bonds at all stages of the economic cycle. An ethical overlay is used to ensure security issuers involved in certain activities identified by the Fund's Sustainability Policy+ are not considered for inclusion in the Fund investment universe.

The APIR code of the Altius Sustainable Bond Fund managed fund is AUS0071AU.

Altius Sustainable Bond Fund’s total return last month was 1.21%. This was made up of a growth return of 0.78% and an income return of 0.43%. These returns were calculated as at 30 Jun 2024.

Altius Sustainable Bond Fund’s total return for the last three months was 0.61%. This was made up of a growth return of 0.19% and an income return of 0.42%%. These returns were calculated as at 30 Jun 2024.

Altius Sustainable Bond Fund’s one-year total return is 5.06%. This was made up of a growth return of 3.46% and an income return of 1.6%. These returns were calculated as at 30 Jun 2024.

Altius Sustainable Bond Fund’s one-year total return is 0.89%. This was made up of a growth return of -1.58% and an income return of 2.47%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the Altius Sustainable Bond Fund managed fund is :

Cash
0.31%
Fixed Interest
99.69%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Altius Sustainable Bond Fund managed fund is Australian Unity Funds Management Ltd.

The Altius Sustainable Bond Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 May 2024, the size of the Altius Sustainable Bond Fund managed fund was $163.4 million.

The Altius Sustainable Bond Fund managed fund has an inception date of 20 Nov 2014.

The current entry price of the Altius Sustainable Bond Fund managed fund is $0.9468 per unit and the current exit price is $0.9458 per unit (as at 4 Jul 2024).

The current exit price of the Altius Sustainable Bond Fund managed fund is $0.9458 per unit and the current entry price is $0.9468 per unit (as at 4 Jul 2024).

The minimum initial investment amount for the Altius Sustainable Bond Fund managed fund is $5,000. Minimum additional investment is $1000.

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.