InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Bentham Defensive Income A - Managed fund profile

Bentham Defensive Income A - Managed Fund

Fund Objective
The Fund aims to provide steady monthly income with a focus on downside protection and capital preservation across various market cycles. The Fund aims to outperform its benchmark over the suggested minimum investment timeframe.
Fund Strategy
The Fund aims to provide steady monthly income with a focus on downside protection and capital preservation across various market cycles. The Fund aims to outperform its benchmark over the suggested minimum investment timeframe. The Fund is actively managed and focused on generating stable investment income whilst preserving capital by providing diversified exposure to domestic and global credit markets while managing interest rate risk and currency risk.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.03% -0.96% 3.62% 4.71% 6.7% -% -% -%
Growth return -0.39% -2.21% 1.08% -0.38% 1.54% -% -% -%
Income return 0.42% 1.25% 2.54% 5.09% 5.16% -% -% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -0.86% -1.22% 2.72% 2.23% 3.76% -1.89% -0.46% 1.85%
As at 31 Dec 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Bentham Defensive Income A
Cash
13.19%
Fixed Interest
86.81%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.24%
Fixed Interest
90.38%
Australian Equities
0.66%
International Equities
0.56%
Property
0%
Alternatives
2.16%

General Information

Fund Details
Type Description
Bentham Defensive Income A
Fidante Partners Limited
CSI0521AU
Diversified Credit
Not Rated
Investment Fund
1 Jul 2022
$2.04 million (as at 31 Dec 2024)
$1.0131 (as at 30 Jan 2025)
$1.0107 (as at 30 Jan 2025)
Open
Offer information
Type Description
MER 0.40% (as at 21 Nov 2024)
Indirect Cost Ratio (ICR) 0.40% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Perpetual Trustee Company Limited as trustee of the Medallion Trust Se Bond - Non-Agency RMBS 2.32%
Login now to view the complete list of holdings.

FAQs about the Bentham Defensive Income A

The objective of the Bentham Defensive Income A managed fund is The Fund aims to provide steady monthly income with a focus on downside protection and capital preservation across various market cycles. The Fund aims to outperform its benchmark over the suggested minimum investment timeframe.

The strategy of the Bentham Defensive Income A managed fund is The Fund aims to provide steady monthly income with a focus on downside protection and capital preservation across various market cycles. The Fund aims to outperform its benchmark over the suggested minimum investment timeframe. The Fund is actively managed and focused on generating stable investment income whilst preserving capital by providing diversified exposure to domestic and global credit markets while managing interest rate risk and currency risk.

The APIR code of the Bentham Defensive Income A managed fund is CSI0521AU.

Bentham Defensive Income A’s total return last month was 0.03%. This was made up of a growth return of -0.39% and an income return of 0.42%. These returns were calculated as at 31 Dec 2024.

Bentham Defensive Income A’s total return for the last three months was -0.96%. This was made up of a growth return of -2.21% and an income return of 1.25%%. These returns were calculated as at 31 Dec 2024.

Bentham Defensive Income A’s one-year total return is 4.71%. This was made up of a growth return of -0.38% and an income return of 5.09%. These returns were calculated as at 31 Dec 2024.

Bentham Defensive Income A’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2024.

The asset allocation of the Bentham Defensive Income A managed fund is :

Cash
13.19%
Fixed Interest
86.81%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Bentham Defensive Income A managed fund is Fidante Partners Limited.

The Bentham Defensive Income A managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Dec 2024, the size of the Bentham Defensive Income A managed fund was $2.04 million.

The Bentham Defensive Income A managed fund has an inception date of 1 Jul 2022.

The current entry price of the Bentham Defensive Income A managed fund is $1.0131 per unit and the current exit price is $1.0107 per unit (as at 30 Jan 2025).

The current exit price of the Bentham Defensive Income A managed fund is $1.0107 per unit and the current entry price is $1.0131 per unit (as at 30 Jan 2025).

The minimum initial investment amount for the Bentham Defensive Income A managed fund is $10,000. Minimum additional investment is $1000.

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.