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  5. Apostle Loomis Sayles Global Bond - Managed fund profile

Apostle Loomis Sayles Global Bond - Managed Fund (Closed)

Fund Objective
The Fund's investment objective is to seek to outperform the Barclays Global Aggregate Bond Index (AUD hedged) (previously the Lehman Brothers Global Aggregate Bond Index) by 200 basis points over a market cycle (approximately 5 years) net of all fees.
Fund Strategy
The Investment Manager has a primarily investment-grade fixed income management style, and the Fund's investment strategy is to seek added value through the use of several sources of value add. The Fund's portfolio is constructed through a diligent research process, primarily devoted to corporate issues, which, in the Investment Manager's view, are positioned to gain from price adjustments associated with upgrades and downgrades by credit rating agencies.

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 2.22% 3.1% 3.28% 3.12% 7.36% 12.71% 6.04% -%
Growth return 2.22% 3.1% 3.28% -9.97% -1.86% 5.03% -1.65% -%
Income return 0% 0% 0% 13.09% 9.22% 7.68% 7.69% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.88% -0.39% 2.26% 7.08% 2.86% -0.62% -0.68% 2.11%
As at 31 Dec 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Apostle Loomis Sayles Global Bond
Cash
3.22%
Fixed Interest
96.78%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.67%
Fixed Interest
92.07%
Australian Equities
1.30%
International Equities
0.53%
Property
0.06%
Alternatives
0.36%

General Information

Fund Details
Type Description
Apostle Loomis Sayles Global Bond (Wholesale)
Closed
Apostle Asset Management Limited
IAM0005AU
Unconstrained Fixed Income
starstarstarstar (as at 31 Dec 2011)
Investment Fund
21 Feb 2002
$73.22 million (as at 30 Sep 2011)
$0.96103 (as at 19 Jan 2012)
$0.96103 (as at 19 Jan 2012)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.18% (as at 30 Jun 2010)
Minimum initial investment $10,000,000
Minimum additional investments $10,000.00

FAQs about the Apostle Loomis Sayles Global Bond

The objective of the Apostle Loomis Sayles Global Bond managed fund is The Fund's investment objective is to seek to outperform the Barclays Global Aggregate Bond Index (AUD hedged) (previously the Lehman Brothers Global Aggregate Bond Index) by 200 basis points over a market cycle (approximately 5 years) net of all fees.

The strategy of the Apostle Loomis Sayles Global Bond managed fund is The Investment Manager has a primarily investment-grade fixed income management style, and the Fund's investment strategy is to seek added value through the use of several sources of value add. The Fund's portfolio is constructed through a diligent research process, primarily devoted to corporate issues, which, in the Investment Manager's view, are positioned to gain from price adjustments associated with upgrades and downgrades by credit rating agencies.

The APIR code of the Apostle Loomis Sayles Global Bond managed fund is IAM0005AU.

Apostle Loomis Sayles Global Bond’s total return last month was 2.22%. This was made up of a growth return of 2.22% and an income return of 0%. These returns were calculated as at 31 Dec 2011.

Apostle Loomis Sayles Global Bond’s total return for the last three months was 3.1%. This was made up of a growth return of 3.1% and an income return of 0%%. These returns were calculated as at 31 Dec 2011.

Apostle Loomis Sayles Global Bond’s one-year total return is 3.12%. This was made up of a growth return of -9.97% and an income return of 13.09%. These returns were calculated as at 31 Dec 2011.

Apostle Loomis Sayles Global Bond’s one-year total return is 12.71%. This was made up of a growth return of 5.03% and an income return of 7.68%. These returns were calculated as at 31 Dec 2011.

The asset allocation of the Apostle Loomis Sayles Global Bond managed fund is :

Cash
3.22%
Fixed Interest
96.78%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Apostle Loomis Sayles Global Bond managed fund is Apostle Asset Management Limited.

The Apostle Loomis Sayles Global Bond managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 30 Sep 2011, the size of the Apostle Loomis Sayles Global Bond managed fund was $73.22 million.

The Apostle Loomis Sayles Global Bond managed fund has an inception date of 21 Feb 2002.

The current entry price of the Apostle Loomis Sayles Global Bond managed fund is $0.96103 per unit and the current exit price is $0.96103 per unit (as at 19 Jan 2012).

The current exit price of the Apostle Loomis Sayles Global Bond managed fund is $0.96103 per unit and the current entry price is $0.96103 per unit (as at 19 Jan 2012).

The minimum initial investment amount for the Apostle Loomis Sayles Global Bond managed fund is $10,000,000. Minimum additional investment is $10000.

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.