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  5. Bentham Asset Backed Securities I - Managed fund profile

Bentham Asset Backed Securities I - Managed Fund

Fund Objective
The Fund aims to provide exposure to investment grade global asset backed securities and to generate stable income with some capital growth over the medium term. The Fund aims to outperform its benchmark over the suggested minimum investment timeframe.
Fund Strategy
The Fund invests in global securitised credit securities. The Fund's investments include, but are not limited to, collateralised loan obligations, residential mortgage backed securities, commercial mortgage backed securities, aircraft backed securities, and other asset backed securities, government bonds, government backed bonds, derivatives, and cash equivalents.

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 -1.69% -0.31% 3.62% 10.23% 7.58% 4.1% 3.23% -%
Growth return -2.12% -1.61% -1.44% 1.91% 0.68% -1.39% -1.2% -%
Income return 0.43% 1.3% 5.06% 8.32% 6.9% 5.49% 4.43% -%
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

Bentham Asset Backed Securities I
Cash
12.32%
Fixed Interest
87.68%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.54%
Fixed Interest
90.06%
Australian Equities
0.68%
International Equities
0.56%
Property
0%
Alternatives
2.16%

General Information

Fund Details
Type Description
Bentham Asset Backed Securities I
Fidante Partners Limited
HOW2852AU
Diversified Credit
starstarstar (as at 31 Oct 2024)
Investment Fund
1 Nov 2016
$88.14 million (as at 31 Oct 2024)
$0.9712 (as at 20 Nov 2024)
$0.9692 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.35% (as at 23 Nov 2023)
Indirect Cost Ratio (ICR) 0.35% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000.00
Minimum additional investments $500,000

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Atrium Xii 1.35% 22/04/2027 Clo Bond - Bank Loans 3.77%
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FAQs about the Bentham Asset Backed Securities I

The objective of the Bentham Asset Backed Securities I managed fund is The Fund aims to provide exposure to investment grade global asset backed securities and to generate stable income with some capital growth over the medium term. The Fund aims to outperform its benchmark over the suggested minimum investment timeframe.

The strategy of the Bentham Asset Backed Securities I managed fund is The Fund invests in global securitised credit securities. The Fund's investments include, but are not limited to, collateralised loan obligations, residential mortgage backed securities, commercial mortgage backed securities, aircraft backed securities, and other asset backed securities, government bonds, government backed bonds, derivatives, and cash equivalents.

The APIR code of the Bentham Asset Backed Securities I managed fund is HOW2852AU.

Bentham Asset Backed Securities I’s total return last month was -1.69%. This was made up of a growth return of -2.12% and an income return of 0.43%. These returns were calculated as at 31 Oct 2024.

Bentham Asset Backed Securities I’s total return for the last three months was -0.31%. This was made up of a growth return of -1.61% and an income return of 1.3%%. These returns were calculated as at 31 Oct 2024.

Bentham Asset Backed Securities I’s one-year total return is 10.23%. This was made up of a growth return of 1.91% and an income return of 8.32%. These returns were calculated as at 31 Oct 2024.

Bentham Asset Backed Securities I’s one-year total return is 4.1%. This was made up of a growth return of -1.39% and an income return of 5.49%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Bentham Asset Backed Securities I managed fund is :

Cash
12.32%
Fixed Interest
87.68%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Bentham Asset Backed Securities I managed fund is Fidante Partners Limited.

The Bentham Asset Backed Securities I managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Oct 2024, the size of the Bentham Asset Backed Securities I managed fund was $88.14 million.

The Bentham Asset Backed Securities I managed fund has an inception date of 1 Nov 2016.

The current entry price of the Bentham Asset Backed Securities I managed fund is $0.9712 per unit and the current exit price is $0.9692 per unit (as at 20 Nov 2024).

The current exit price of the Bentham Asset Backed Securities I managed fund is $0.9692 per unit and the current entry price is $0.9712 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Bentham Asset Backed Securities I managed fund is $10,000. Minimum additional investment is $500000.

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.