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  5. Artesian Corporate Bond Fund A - Managed fund profile

Artesian Corporate Bond Fund A - Managed Fund

Fund Objective
The Fund is an absolute return fund that aims to achieve the RBA cash rate 2.75% through all interest rate cycles. Distributions are intended to be paid quarterly out of the proceeds of distributions, if any, received from underlying investments of the Fund. It is intended the Fund will offer daily liquidity to investors.
Fund Strategy
The strategy for the Fund is to invest in a diversified portfolio of liquid, fixed and floating rate corporate bonds. With Australian interest rates at all-time lows, floating rate note securities (FRNs) offer fixed income investors opportunities to take advantage of potentially rising rates. Although the Fund will also invest in fixed rate securities, more emphasis will be placed on FRNs to mitigate interest rate risk.

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 0.55% 1.47% 3.58% 8.21% 7.33% 3.96% 3.12% -%
Growth return 0.55% 0.69% 0.96% -% 3.67% 0.19% -0.1% -%
Income return 0% 0.78% 2.62% -% 3.66% 3.77% 3.22% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -1.51% 0.53% 4.02% 8.37% 4.14% -1.89% -0.61% 2.01%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Artesian Corporate Bond Fund A
Cash
2.03%
Fixed Interest
97.97%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.51%
Fixed Interest
90.09%
Australian Equities
0.68%
International Equities
0.56%
Property
0%
Alternatives
2.16%

General Information

Fund Details
Type Description
Artesian Corporate Bond Fund A
Equity Trustees Ltd
ETL8268AU
Diversified Credit
starstarstar (as at 31 Oct 2024)
Investment Fund
13 Feb 2017
$90.39 million (as at 20 Nov 2024)
$1.0718 (as at 20 Nov 2024)
$1.0696 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.88% (as at 19 Oct 2023)
Indirect Cost Ratio (ICR) 0.88% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 30 Jun 2023)

Holding (as at 30 Jun 2023) Type % of Portfolio
Woolworths Group Ltd. 3.75% Bond - Corporate Bond 31.07%
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FAQs about the Artesian Corporate Bond Fund A

The objective of the Artesian Corporate Bond Fund A managed fund is The Fund is an absolute return fund that aims to achieve the RBA cash rate +2.75% through all interest rate cycles. Distributions are intended to be paid quarterly out of the proceeds of distributions, if any, received from underlying investments of the Fund. It is intended the Fund will offer daily liquidity to investors.

The strategy of the Artesian Corporate Bond Fund A managed fund is The strategy for the Fund is to invest in a diversified portfolio of liquid, fixed and floating rate corporate bonds. With Australian interest rates at all-time lows, floating rate note securities (FRNs) offer fixed income investors opportunities to take advantage of potentially rising rates. Although the Fund will also invest in fixed rate securities, more emphasis will be placed on FRNs to mitigate interest rate risk.

The APIR code of the Artesian Corporate Bond Fund A managed fund is ETL8268AU.

Artesian Corporate Bond Fund A’s total return last month was 0.55%. This was made up of a growth return of 0.55% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Artesian Corporate Bond Fund A’s total return for the last three months was 1.47%. This was made up of a growth return of 0.69% and an income return of 0.78%%. These returns were calculated as at 31 Oct 2024.

Artesian Corporate Bond Fund A’s one-year total return is 8.21%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Artesian Corporate Bond Fund A’s one-year total return is 3.96%. This was made up of a growth return of 0.19% and an income return of 3.77%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Artesian Corporate Bond Fund A managed fund is :

Cash
2.03%
Fixed Interest
97.97%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Artesian Corporate Bond Fund A managed fund is Equity Trustees Ltd.

The Artesian Corporate Bond Fund A managed fund belongs to the Diversified Credit sector/asset class.

As at 20 Nov 2024, the size of the Artesian Corporate Bond Fund A managed fund was $90.39 million.

The Artesian Corporate Bond Fund A managed fund has an inception date of 13 Feb 2017.

The current entry price of the Artesian Corporate Bond Fund A managed fund is $1.0718 per unit and the current exit price is $1.0696 per unit (as at 20 Nov 2024).

The current exit price of the Artesian Corporate Bond Fund A managed fund is $1.0696 per unit and the current entry price is $1.0718 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Artesian Corporate Bond Fund A managed fund is $25,000. Minimum additional investment is $5000.

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.