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  5. Brighter Optimiser FSI Global Credit - Pension - Managed fund profile

Brighter Optimiser FSI Global Credit - Pension - Managed Fund

Fund Objective
To provide income-based returns and to outperform the Bloomberg AusBond Bank Bill Index over rolling 3-year periods before fees and taxes by investing in a diversified portfolio of higher yielding Australian and international fixed interest investments.
Fund Strategy
The fund invests in a portfolio of predominantly global corporate debt investments. The fund's strategy is to earn an income return from its investments, controlling risk through careful selection and monitoring, combined with broad diversification. The increased credit risk of corporate debt means that these investments have the potential to deliver higher returns over the medium term compared to cash. The fund uses derivatives to manage interest rate sensitivity and credit risk, and to hedge currency risk.

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 0.42% 1.63% 5.27% 8.56% 5.71% 3.2% 2.68% -%
Growth return 0.42% 1.63% -% 8.56% 5.71% 3.2% 2.68% -%
Income return 0% 0% -% 0% 0% 0% 0% -%
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 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Brighter Optimiser FSI Global Credit - Pension
Cash
14.03%
Fixed Interest
85.97%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.45%
Fixed Interest
90.17%
Australian Equities
0.69%
International Equities
0.56%
Property
0%
Alternatives
2.13%

General Information

Fund Details
Type Description
Brighter Optimiser FSI Global Credit - Pension
Suncorp Portfolio Services Limited
RSA0904AU
Diversified Credit
starstarstar (as at 30 Apr 2024)
Allocated Pension
30 May 2016
$12.66 million (as at 31 Mar 2023)
$2.59026 (as at 30 May 2024)
$2.59026 (as at 30 May 2024)
Finalised
Offer information
Type Description
MER 1.73% (as at 12 Dec 2023)
Indirect Cost Ratio (ICR) 1.18% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Euro-Bobl Future Jun24 Bond - Treasury Future 15.41%
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FAQs about the Brighter Optimiser FSI Global Credit - Pension

The objective of the Brighter Optimiser FSI Global Credit - Pension managed fund is To provide income-based returns and to outperform the Bloomberg AusBond Bank Bill Index over rolling 3-year periods before fees and taxes by investing in a diversified portfolio of higher yielding Australian and international fixed interest investments.

The strategy of the Brighter Optimiser FSI Global Credit - Pension managed fund is The fund invests in a portfolio of predominantly global corporate debt investments. The fund's strategy is to earn an income return from its investments, controlling risk through careful selection and monitoring, combined with broad diversification. The increased credit risk of corporate debt means that these investments have the potential to deliver higher returns over the medium term compared to cash. The fund uses derivatives to manage interest rate sensitivity and credit risk, and to hedge currency risk.

The APIR code of the Brighter Optimiser FSI Global Credit - Pension managed fund is RSA0904AU.

Brighter Optimiser FSI Global Credit - Pension’s total return last month was 0.42%. This was made up of a growth return of 0.42% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser FSI Global Credit - Pension’s total return for the last three months was 1.63%. This was made up of a growth return of 1.63% and an income return of 0%%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser FSI Global Credit - Pension’s one-year total return is 8.56%. This was made up of a growth return of 8.56% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser FSI Global Credit - Pension’s one-year total return is 3.2%. This was made up of a growth return of 3.2% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the Brighter Optimiser FSI Global Credit - Pension managed fund is :

Cash
14.03%
Fixed Interest
85.97%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Brighter Optimiser FSI Global Credit - Pension managed fund is Suncorp Portfolio Services Limited.

The Brighter Optimiser FSI Global Credit - Pension managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Mar 2023, the size of the Brighter Optimiser FSI Global Credit - Pension managed fund was $12.66 million.

The Brighter Optimiser FSI Global Credit - Pension managed fund has an inception date of 30 May 2016.

The current entry price of the Brighter Optimiser FSI Global Credit - Pension managed fund is $2.59026 per unit and the current exit price is $2.59026 per unit (as at 30 May 2024).

The current exit price of the Brighter Optimiser FSI Global Credit - Pension managed fund is $2.59026 per unit and the current entry price is $2.59026 per unit (as at 30 May 2024).

The minimum initial investment amount for the Brighter Optimiser FSI Global Credit - Pension 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.