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  5. Clime Fixed Interest Wholesale - Managed fund profile

Clime Fixed Interest Wholesale - Managed Fund (Closed)

Fund Objective
The main objectives of the Fund are: capital preservation and to target an income return (after fees and usual expenses) of 1.5% to 2.5% above the RBA cash rate , over a 1.5 to 3 year investment term.
Fund Strategy
The Fund seeks risk adjusted returns from investing in a wide range of Australian credit-based and unrated corporate bonds and cash. The bulk of the investments in the Fund are likely to be floating rate notes, supplemented by selected fixed rate assets. The Fund may also invest in hybrids and a range of other credit opportunities when they are expected to provide a better overall risk adjusted return.

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 -0.92% -0.66% -0.45% -2.38% -0.57% 0.35% -% -%
Growth return 0.23% 0.35% -1.08% -2.71% -1.39% -0.74% -% -%
Income return -1.15% -1.01% 0.63% 0.33% 0.82% 1.09% -% -%
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 Nov 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Clime Fixed Interest Wholesale
Cash
6.07%
Fixed Interest
93.93%
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
Clime Fixed Interest Wholesale
Closed
Clime Asset Management Pty Ltd
CLA0724AU
Diversified Credit
starstarstar (as at 30 Nov 2022)
Investment Fund
17 Apr 2019
$16.51 million (as at 23 Nov 2022)
$0.9826 (as at 23 Nov 2022)
$0.9811 (as at 23 Nov 2022)
Finalised
Offer information
Type Description
Minimum initial investment $100,000
Minimum additional investments $10,000.00

Top 10 holdings (as at 30 Jun 2022)

Holding (as at 30 Jun 2022) Type % of Portfolio
Macquarie Bank Ltd. Bond - Convertible 2.88%
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FAQs about the Clime Fixed Interest Wholesale

The objective of the Clime Fixed Interest Wholesale managed fund is The main objectives of the Fund are: capital preservation and to target an income return (after fees and usual expenses) of 1.5% to 2.5% above the RBA cash rate , over a 1.5 to 3 year investment term.

The strategy of the Clime Fixed Interest Wholesale managed fund is The Fund seeks risk adjusted returns from investing in a wide range of Australian credit-based and unrated corporate bonds and cash. The bulk of the investments in the Fund are likely to be floating rate notes, supplemented by selected fixed rate assets. The Fund may also invest in hybrids and a range of other credit opportunities when they are expected to provide a better overall risk adjusted return.

The APIR code of the Clime Fixed Interest Wholesale managed fund is CLA0724AU.

Clime Fixed Interest Wholesale’s total return last month was -0.92%. This was made up of a growth return of 0.23% and an income return of -1.15%. These returns were calculated as at 30 Nov 2022.

Clime Fixed Interest Wholesale’s total return for the last three months was -0.66%. This was made up of a growth return of 0.35% and an income return of -1.01%%. These returns were calculated as at 30 Nov 2022.

Clime Fixed Interest Wholesale’s one-year total return is -2.38%. This was made up of a growth return of -2.71% and an income return of 0.33%. These returns were calculated as at 30 Nov 2022.

Clime Fixed Interest Wholesale’s one-year total return is 0.35%. This was made up of a growth return of -0.74% and an income return of 1.09%. These returns were calculated as at 30 Nov 2022.

The asset allocation of the Clime Fixed Interest Wholesale managed fund is :

Cash
6.07%
Fixed Interest
93.93%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Clime Fixed Interest Wholesale managed fund is Clime Asset Management Pty Ltd.

The Clime Fixed Interest Wholesale managed fund belongs to the Diversified Credit sector/asset class.

As at 23 Nov 2022, the size of the Clime Fixed Interest Wholesale managed fund was $16.51 million.

The Clime Fixed Interest Wholesale managed fund has an inception date of 17 Apr 2019.

The current entry price of the Clime Fixed Interest Wholesale managed fund is $0.9826 per unit and the current exit price is $0.9811 per unit (as at 23 Nov 2022).

The current exit price of the Clime Fixed Interest Wholesale managed fund is $0.9811 per unit and the current entry price is $0.9826 per unit (as at 23 Nov 2022).

The minimum initial investment amount for the Clime Fixed Interest Wholesale managed fund is $100,000. Minimum additional investment is $10000.

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.