FirstMac High Livez - Managed Fund (Closed)

Fund Objective

The Trust aims to provide stable monthly income returns from a diversified portfolio of Asset-Backed Securities supplemented by a small allocation towards Short Term Money Market Securities.

Fund Strategy

The Trust will seek to achieve its investment objective by mainly investing in medium term Asset-Backed Securities (ABS) with a minimum assessment of Investment Grade (refer to the Glossary). The Trust will invest in Australian dollar denominated RMBS and Auto ABS issued by Australian issuers with underlying Australian residential mortgage or automobile security collateral.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.63%	1.84%	3.53%	7.89%	7.69%	5.22%	4.38%	4.48%
Growth return	-0.11%	0.04%	0.03%	0.94%	1.22%	-0.04%	0.08%	0.04%
Income return	0.74%	1.8%	3.5%	6.95%	6.47%	5.26%	4.3%	4.44%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return	0.49%	1.25%	1.39%	2.84%	4.39%	2.5%	-0.63%	1.95%

As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FirstMac High Livez

Cash: 49.53%

Fixed Interest: 50.47%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 5.43%

Fixed Interest: 92.34%

Australian Equities: 0.06%

International Equities: 0.01%

Property & Infrastructure: 0%

Alternatives: 2.17%

General Information

Fund Details

Type	Description
Fund Name	FirstMac High Livez
Fund Status	Closed
Responsible Entity	Perpetual Trust Services Limited
APIR Code	PER0561AU
Sector/Asset Class	Diversified Credit
Morningstar Rating	(as at 30 Sep 2023)
Legal Structure	Investment Fund
Fund Inception	16 Dec 2010
Fund Size	$29.22 million (as at 30 Sep 2024)
Entry Price	$1.0666 (as at 31 Oct 2024)
Exit Price	$1.0666 (as at 31 Oct 2024)
Fund Status	Finalised

Offer information

Type	Description
MER	0.60% (as at 2 Oct 2023)
Indirect Cost Ratio (ICR)	0.60% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0
Minimum initial investment	$10,000.00
Minimum additional investments	$1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2024)

Holding (as at 31 Aug 2024)	Type	% of Portfolio
Hl Pro 1-2021 Ab	Bond - Non-Agency RMBS	5.43%
Login now to view the complete list of holdings.

FAQs about the FirstMac High Livez

What is the objective of the FirstMac High Livez managed fund?

The objective of the FirstMac High Livez managed fund is The Trust aims to provide stable monthly income returns from a diversified portfolio of Asset-Backed Securities supplemented by a small allocation towards Short Term Money Market Securities.

What is the strategy for the FirstMac High Livez managed fund?

The strategy of the FirstMac High Livez managed fund is The Trust will seek to achieve its investment objective by mainly investing in medium term Asset-Backed Securities (ABS) with a minimum assessment of Investment Grade (refer to the Glossary). The Trust will invest in Australian dollar denominated RMBS and Auto ABS issued by Australian issuers with underlying Australian residential mortgage or automobile security collateral.

What is the APIR code of the FirstMac High Livez managed fund?

The APIR code of the FirstMac High Livez managed fund is PER0561AU.

What was FirstMac High Livez’s total return last month?

FirstMac High Livez’s total return last month was 0.63%. This was made up of a growth return of -0.11% and an income return of 0.74%. These returns were calculated as at 31 Oct 2024.

What was FirstMac High Livez’s total return for the last three months?

FirstMac High Livez’s total return for the last three months was 1.84%. This was made up of a growth return of 0.04% and an income return of 1.8%%. These returns were calculated as at 31 Oct 2024.

What is FirstMac High Livez’s one-year total return?

FirstMac High Livez’s one-year total return is 7.89%. This was made up of a growth return of 0.94% and an income return of 6.95%. These returns were calculated as at 31 Oct 2024.

What is FirstMac High Livez’s three-year total return?

FirstMac High Livez’s one-year total return is 5.22%. This was made up of a growth return of -0.04% and an income return of 5.26%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the FirstMac High Livez managed fund?

The asset allocation of the FirstMac High Livez managed fund is :

Cash: 49.53%

Fixed Interest: 50.47%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the FirstMac High Livez managed fund?

The Responsible Entity for the FirstMac High Livez managed fund is Perpetual Trust Services Limited.

What sector/asset class does the FirstMac High Livez managed fund belong to?

The FirstMac High Livez managed fund belongs to the Diversified Credit sector/asset class.

What is the size of the FirstMac High Livez managed fund?

As at 30 Sep 2024, the size of the FirstMac High Livez managed fund was $29.22 million.

What is the inception date of the FirstMac High Livez managed fund?

The FirstMac High Livez managed fund has an inception date of 16 Dec 2010.

What is the current entry price of the FirstMac High Livez managed fund?

The current entry price of the FirstMac High Livez managed fund is $1.0666 per unit and the current exit price is $1.0666 per unit (as at 31 Oct 2024).

What is the current exit price of the FirstMac High Livez managed fund?

The current exit price of the FirstMac High Livez managed fund is $1.0666 per unit and the current entry price is $1.0666 per unit (as at 31 Oct 2024).

What is the minimum investment amount for the FirstMac High Livez managed fund?

The minimum initial investment amount for the FirstMac High Livez managed fund is $10,000. Minimum additional investment is $1000.

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.

What our members say about us