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  5. Australian Ethical Defensive (Pen) - Managed fund profile

Australian Ethical Defensive (Pen) - Managed Fund (Closed)

Fund Objective
To generate an income stream consistent with prevailing short-term interest rates while minimising the risk of capital loss and supporting the Australian Ethical Charter.
Fund Strategy
The opportunity to invest in a diversified portfolio of interest-bearing investments generating income. The Fund is invested in short-dated deposits, high grade mortgage-backed securities, State and Commonwealth Government Bonds, and bank and other corporate bonds. As such, the returns of the Fund tend to move in line with the general level of interest rates.

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 0.38% 1.02% 2.13% 3.87% 2.11% 1.33% 1.16% 1.38%
Growth return 0.38% 1.02% 2.13% 3.87% 2.11% 1.33% 1.16% 1.38%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Bloomberg AusBond Bank 0+Y TR AUD )
Total return 0.35% 1.08% 2.18% 4.37% 3.63% 2.44% 1.64% 1.86%
As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Australian Ethical Defensive (Pen)
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
27.16%
Australian Equities
0.48%
International Equities
0.05%
Fixed Interest
72.31%

General Information

Fund Details
Type Description
Australian Ethical Defensive (Pen)
Closed
Australian Ethical Superannuation
AUG0107AU
Australian Short Term Fixed Interest
starstarstarstar (as at 30 Jun 2020)
Allocated Pension
16 Jul 1999
$22.18 million (as at 31 Oct 2023)
$2.2272 (as at 19 Dec 2023)
$2.2272 (as at 19 Dec 2023)
Suppressed
Offer information
Type Description
MER 1% (as at 1 Dec 2022)
Indirect Cost Ratio (ICR) 0.68% (as at 1 Sep 2022)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments $500.00
Minimum redemption amount

FAQs about the Australian Ethical Defensive (Pen)

The objective of the Australian Ethical Defensive (Pen) managed fund is To generate an income stream consistent with prevailing short-term interest rates while minimising the risk of capital loss and supporting the Australian Ethical Charter.

The strategy of the Australian Ethical Defensive (Pen) managed fund is The opportunity to invest in a diversified portfolio of interest-bearing investments generating income. The Fund is invested in short-dated deposits, high grade mortgage-backed securities, State and Commonwealth Government Bonds, and bank and other corporate bonds. As such, the returns of the Fund tend to move in line with the general level of interest rates.

The APIR code of the Australian Ethical Defensive (Pen) managed fund is AUG0107AU.

Australian Ethical Defensive (Pen)’s total return last month was 0.38%. This was made up of a growth return of 0.38% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

Australian Ethical Defensive (Pen)’s total return for the last three months was 1.02%. This was made up of a growth return of 1.02% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

Australian Ethical Defensive (Pen)’s one-year total return is 3.87%. This was made up of a growth return of 3.87% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

Australian Ethical Defensive (Pen)’s one-year total return is 1.33%. This was made up of a growth return of 1.33% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

The asset allocation of the Australian Ethical Defensive (Pen) managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%

The Responsible Entity for the Australian Ethical Defensive (Pen) managed fund is Australian Ethical Superannuation.

The Australian Ethical Defensive (Pen) managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 31 Oct 2023, the size of the Australian Ethical Defensive (Pen) managed fund was $22.18 million.

The Australian Ethical Defensive (Pen) managed fund has an inception date of 16 Jul 1999.

The current entry price of the Australian Ethical Defensive (Pen) managed fund is $2.2272 per unit and the current exit price is $2.2272 per unit (as at 19 Dec 2023).

The current exit price of the Australian Ethical Defensive (Pen) managed fund is $2.2272 per unit and the current entry price is $2.2272 per unit (as at 19 Dec 2023).

The minimum initial investment amount for the Australian Ethical Defensive (Pen) managed fund is $0. Minimum additional investment is $500.

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.