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  5. Brighter Optimiser Australian Fixed Interest - Sup - Managed fund profile

Brighter Optimiser Australian Fixed Interest - Sup - Managed Fund

Fund Objective
Aims to outperform the Bloomberg AusBond Composite (All Maturities) Index over any rolling 3-year period.
Fund Strategy
The fund invests predominantly in cash, term deposits, floating rate notes, Australian government and semi-government securities, and money market financial instruments including bank accepted bills, promissory notes and certificates of deposit and credit securities with a minimum S&P credit rating of BBB-. The fund is permitted to invest in derivatives but not for gearing purposes.

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 -1.73% -1.02% 4.05% -0.33% 0.47% -2.03% -0.24% -%
Growth return -1.73% -1.02% -% -0.33% 0.47% -2.03% -0.24% -%
Income return 0% 0% -% 0% 0% 0% 0% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.88% -0.39% 2.26% 7.08% 2.86% -0.62% -0.68% 2.11%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Brighter Optimiser Australian Fixed Interest - Sup
Cash
2.44%
Fixed Interest
97.56%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.50%
Fixed Interest
92.23%
Australian Equities
1.30%
International Equities
0.54%
Property
0.06%
Alternatives
0.36%

General Information

Fund Details
Type Description
Brighter Optimiser Australian Fixed Interest - Sup
Suncorp Portfolio Services Limited
RSA0987AU
Bonds - Australia
starstarstarstar (as at 30 Apr 2024)
Superannuation Fund
30 May 2016
$6.12 million (as at 31 Mar 2023)
$21.7756 (as at 30 May 2024)
$21.7756 (as at 30 May 2024)
Finalised
Offer information
Type Description
MER 0.83% (as at 12 Dec 2023)
Indirect Cost Ratio (ICR) 0.75% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the Brighter Optimiser Australian Fixed Interest - Sup

The objective of the Brighter Optimiser Australian Fixed Interest - Sup managed fund is Aims to outperform the Bloomberg AusBond Composite (All Maturities) Index over any rolling 3-year period.

The strategy of the Brighter Optimiser Australian Fixed Interest - Sup managed fund is The fund invests predominantly in cash, term deposits, floating rate notes, Australian government and semi-government securities, and money market financial instruments including bank accepted bills, promissory notes and certificates of deposit and credit securities with a minimum S&P credit rating of BBB-. The fund is permitted to invest in derivatives but not for gearing purposes.

The APIR code of the Brighter Optimiser Australian Fixed Interest - Sup managed fund is RSA0987AU.

Brighter Optimiser Australian Fixed Interest - Sup’s total return last month was -1.73%. This was made up of a growth return of -1.73% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Australian Fixed Interest - Sup’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 Apr 2024.

Brighter Optimiser Australian Fixed Interest - Sup’s one-year total return is -0.33%. This was made up of a growth return of -0.33% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Australian Fixed Interest - Sup’s one-year total return is -2.03%. This was made up of a growth return of -2.03% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the Brighter Optimiser Australian Fixed Interest - Sup managed fund is :

Cash
2.44%
Fixed Interest
97.56%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Brighter Optimiser Australian Fixed Interest - Sup managed fund is Suncorp Portfolio Services Limited.

The Brighter Optimiser Australian Fixed Interest - Sup managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Mar 2023, the size of the Brighter Optimiser Australian Fixed Interest - Sup managed fund was $6.12 million.

The Brighter Optimiser Australian Fixed Interest - Sup managed fund has an inception date of 30 May 2016.

The current entry price of the Brighter Optimiser Australian Fixed Interest - Sup managed fund is $21.7756 per unit and the current exit price is $21.7756 per unit (as at 30 May 2024).

The current exit price of the Brighter Optimiser Australian Fixed Interest - Sup managed fund is $21.7756 per unit and the current entry price is $21.7756 per unit (as at 30 May 2024).

The minimum initial investment amount for the Brighter Optimiser Australian Fixed Interest - Sup managed fund is $0. Minimum additional investment is $0.

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.