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  5. Aquasia Enhanced Credit - Managed fund profile

Aquasia Enhanced Credit - Managed Fund

Fund Objective
The Fund's investment objective is to preserve capital while producing returns over the mediumterm in excess of the Target Return of the Bloomberg AusBond Bank Bill Index plus 3%
Fund Strategy
The Fund will invest in credit, fixed-income, cash and cash-equivalent assets. The Fund is designed for investors who wish to have exposure to such assets and who are looking for regular income distributions with some potential for capital gains.

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 0.83% 2.3% 5.11% 10.17% 8.66% 6.64% 5.96% 6.08%
Growth return 0.83% 2.3% 3.24% 3.99% 1.9% 0.79% 0.7% 0.5%
Income return 0% 0% 1.87% 6.18% 6.76% 5.85% 5.26% 5.58%
Market index (Bloomberg Global Aggregate TR Hdg AUD )
Total return 0.78% -0.16% -0.48% 2.67% 0.74% -2.74% -0.69% 2.04%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Aquasia Enhanced Credit
Cash
1.18%
Fixed Interest
98.82%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
8.26%
Fixed Interest
89.91%
Australian Equities
0.71%
International Equities
0.62%
Property
0.04%
Alternatives
0.46%

General Information

Fund Details
Type Description
Aquasia Enhanced Credit (Wholesale)
Aquasia Pty Ltd
AQU8075AU
Diversified Credit
starstarstarstarstar (as at 30 Jun 2024)
Investment Fund
17 Oct 2011
$584.96 million (as at 31 May 2024)
$1.1684 (as at 30 Jun 2024)
$1.1638 (as at 30 Jun 2024)
Open
Offer information
Type Description
MER 1.32% (as at 10 Jan 2024)
Indirect Cost Ratio (ICR) 1.22% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.1
Minimum initial investment $50,000
Minimum additional investments $50,000
Minimum redemption amount

FAQs about the Aquasia Enhanced Credit

The objective of the Aquasia Enhanced Credit managed fund is The Fund's investment objective is to preserve capital while producing returns over the mediumterm in excess of the Target Return of the Bloomberg AusBond Bank Bill Index plus 3%

The strategy of the Aquasia Enhanced Credit managed fund is The Fund will invest in credit, fixed-income, cash and cash-equivalent assets. The Fund is designed for investors who wish to have exposure to such assets and who are looking for regular income distributions with some potential for capital gains.

The APIR code of the Aquasia Enhanced Credit managed fund is AQU8075AU.

Aquasia Enhanced Credit’s total return last month was 0.83%. This was made up of a growth return of 0.83% and an income return of 0%. These returns were calculated as at 30 Jun 2024.

Aquasia Enhanced Credit’s total return for the last three months was 2.3%. This was made up of a growth return of 2.3% and an income return of 0%%. These returns were calculated as at 30 Jun 2024.

Aquasia Enhanced Credit’s one-year total return is 10.17%. This was made up of a growth return of 3.99% and an income return of 6.18%. These returns were calculated as at 30 Jun 2024.

Aquasia Enhanced Credit’s one-year total return is 6.64%. This was made up of a growth return of 0.79% and an income return of 5.85%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the Aquasia Enhanced Credit managed fund is :

Cash
1.18%
Fixed Interest
98.82%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Aquasia Enhanced Credit managed fund is Aquasia Pty Ltd.

The Aquasia Enhanced Credit managed fund belongs to the Diversified Credit sector/asset class.

As at 31 May 2024, the size of the Aquasia Enhanced Credit managed fund was $584.96 million.

The Aquasia Enhanced Credit managed fund has an inception date of 17 Oct 2011.

The current entry price of the Aquasia Enhanced Credit managed fund is $1.1684 per unit and the current exit price is $1.1638 per unit (as at 30 Jun 2024).

The current exit price of the Aquasia Enhanced Credit managed fund is $1.1638 per unit and the current entry price is $1.1684 per unit (as at 30 Jun 2024).

The minimum initial investment amount for the Aquasia Enhanced Credit managed fund is $50,000. Minimum additional investment is $50000.

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.