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  5. BlackRock Monthly Income R - Managed fund profile

BlackRock Monthly Income R - Managed Fund (Closed)

Fund Objective
The Fund aims to generate monthly income in excess of that available from short-term money market securities and cash rates. The Fund aims to achieve a total return of 1.70% p.a. in excess of the Bloomberg AusBond Bank Bill IndexSM before fees over the medium term (3 years).
Fund Strategy
To achieve its objective, the Fund invests in longer dated floating rate instruments and fixed rate instruments swapped back to floating rate exposures and international debt securities (hedged in Australian Dollars) swapped back to domestic floating rate exposures.

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 0.61% 1.7% 1.13% 2.23% 4.1% 4.46% 4.49% 5.81%
Growth return 0.33% 0.86% -0.53% -0.98% -1.02% -0.09% 0.27% 0.52%
Income return 0.28% 0.84% 1.66% 3.21% 5.12% 4.55% 4.22% 5.29%
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 30 Sep 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Monthly Income R
Cash
10.57%
Fixed Interest
89.43%
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
BlackRock Monthly Income R
Closed
BlackRock Investment Mgmt (AUS) Ltd
MAL0015AU
Diversified Credit
starstarstar (as at 30 Sep 2018)
Investment Fund
28 Sep 2004
$0.04 million (as at 30 Sep 2018)
$0.78279 (as at 5 Oct 2018)
$0.78122 (as at 5 Oct 2018)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.55% (as at 30 Jun 2016)
Minimum initial investment $25,000

Top 10 holdings (as at 30 Nov 2018)

Holding (as at 30 Nov 2018) Type % of Portfolio
Aud Cash(Alpha Committed) Cash - Currency 99.50%
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FAQs about the BlackRock Monthly Income R

The objective of the BlackRock Monthly Income R managed fund is The Fund aims to generate monthly income in excess of that available from short-term money market securities and cash rates. The Fund aims to achieve a total return of 1.70% p.a. in excess of the Bloomberg AusBond Bank Bill IndexSM before fees over the medium term (3 years).

The strategy of the BlackRock Monthly Income R managed fund is To achieve its objective, the Fund invests in longer dated floating rate instruments and fixed rate instruments swapped back to floating rate exposures and international debt securities (hedged in Australian Dollars) swapped back to domestic floating rate exposures.

The APIR code of the BlackRock Monthly Income R managed fund is MAL0015AU.

BlackRock Monthly Income R’s total return last month was 0.61%. This was made up of a growth return of 0.33% and an income return of 0.28%. These returns were calculated as at 30 Sep 2018.

BlackRock Monthly Income R’s total return for the last three months was 1.7%. This was made up of a growth return of 0.86% and an income return of 0.84%%. These returns were calculated as at 30 Sep 2018.

BlackRock Monthly Income R’s one-year total return is 2.23%. This was made up of a growth return of -0.98% and an income return of 3.21%. These returns were calculated as at 30 Sep 2018.

BlackRock Monthly Income R’s one-year total return is 4.46%. This was made up of a growth return of -0.09% and an income return of 4.55%. These returns were calculated as at 30 Sep 2018.

The asset allocation of the BlackRock Monthly Income R managed fund is :

Cash
10.57%
Fixed Interest
89.43%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the BlackRock Monthly Income R managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock Monthly Income R managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Sep 2018, the size of the BlackRock Monthly Income R managed fund was $0.04 million.

The BlackRock Monthly Income R managed fund has an inception date of 28 Sep 2004.

The current entry price of the BlackRock Monthly Income R managed fund is $0.78279 per unit and the current exit price is $0.78122 per unit (as at 5 Oct 2018).

The current exit price of the BlackRock Monthly Income R managed fund is $0.78122 per unit and the current entry price is $0.78279 per unit (as at 5 Oct 2018).

The minimum initial investment amount for the BlackRock Monthly Income R managed fund is $25,000.

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.