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  5. First Sentier Global Credit Income Fund - Managed fund profile

First Sentier Global Credit Income Fund - Managed Fund

Fund Objective
The Fund aims to provide income-based returns and to outperform the Bloomberg AusBond Bank Bill Index over rolling three-year periods before fees and taxes by investing in a diversified portfolio of Australian and international fixed interest investments.
Fund Strategy
The Fund's strategy is to invest directly or indirectly in a portfolio of predominantly global credit investments. The Fund aims to deliver an income return from its investments. The Fund aims to control risk through the Investment Manager's investment selection and monitoring, combined with broad diversification. Generally, the increased credit risk of credit securities means that these investments have the potential to deliver higher returns over the medium term compared to cash.

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 0.46% 1.79% 5.27% 8.58% 5.95% 3.38% 3.54% 4.32%
Growth return 0.46% 0.92% 3% 2.69% 2.18% -0.38% -0.54% -1.72%
Income return 0% 0.87% 2.27% 5.89% 3.77% 3.76% 4.08% 6.04%
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

First Sentier Global Credit Income Fund
Cash
43.89%
Fixed Interest
56.11%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.47%
Fixed Interest
90.14%
Australian Equities
0.69%
International Equities
0.56%
Property
0%
Alternatives
2.14%

General Information

Fund Details
Type Description
First Sentier Global Credit Income Fund
The Trust Company (RE Services) Limited
FSF0083AU
Diversified Credit
starstarstarstar (as at 30 Apr 2024)
Investment Fund
4 Jan 2002
$43.11 million (as at 21 May 2024)
$0.8845 (as at 21 May 2024)
$0.8845 (as at 21 May 2024)
Suppressed
Offer information
Type Description
Minimum initial investment $20,000
Minimum additional investments

Top 10 holdings (as at 30 Jun 2023)

Holding (as at 30 Jun 2023) Type % of Portfolio
Perp Ttee Co Ltd Oa Liberty Funding Pty Ltd Iro Liberty Prime Series 2 Bond - Non-Agency RMBS 0.90%
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FAQs about the First Sentier Global Credit Income Fund

The objective of the First Sentier Global Credit Income Fund managed fund is The Fund aims to provide income-based returns and to outperform the Bloomberg AusBond Bank Bill Index over rolling three-year periods before fees and taxes by investing in a diversified portfolio of Australian and international fixed interest investments.

The strategy of the First Sentier Global Credit Income Fund managed fund is The Fund's strategy is to invest directly or indirectly in a portfolio of predominantly global credit investments. The Fund aims to deliver an income return from its investments. The Fund aims to control risk through the Investment Manager's investment selection and monitoring, combined with broad diversification. Generally, the increased credit risk of credit securities means that these investments have the potential to deliver higher returns over the medium term compared to cash.

The APIR code of the First Sentier Global Credit Income Fund managed fund is FSF0083AU.

First Sentier Global Credit Income Fund’s total return last month was 0.46%. This was made up of a growth return of 0.46% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

First Sentier Global Credit Income Fund’s total return for the last three months was 1.79%. This was made up of a growth return of 0.92% and an income return of 0.87%%. These returns were calculated as at 30 Apr 2024.

First Sentier Global Credit Income Fund’s one-year total return is 8.58%. This was made up of a growth return of 2.69% and an income return of 5.89%. These returns were calculated as at 30 Apr 2024.

First Sentier Global Credit Income Fund’s one-year total return is 3.38%. This was made up of a growth return of -0.38% and an income return of 3.76%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the First Sentier Global Credit Income Fund managed fund is :

Cash
43.89%
Fixed Interest
56.11%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the First Sentier Global Credit Income Fund managed fund is The Trust Company (RE Services) Limited.

The First Sentier Global Credit Income Fund managed fund belongs to the Diversified Credit sector/asset class.

As at 21 May 2024, the size of the First Sentier Global Credit Income Fund managed fund was $43.11 million.

The First Sentier Global Credit Income Fund managed fund has an inception date of 4 Jan 2002.

The current entry price of the First Sentier Global Credit Income Fund managed fund is $0.8845 per unit and the current exit price is $0.8845 per unit (as at 21 May 2024).

The current exit price of the First Sentier Global Credit Income Fund managed fund is $0.8845 per unit and the current entry price is $0.8845 per unit (as at 21 May 2024).

The minimum initial investment amount for the First Sentier Global Credit Income Fund managed fund is $20,000. 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.