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  5. FSI Wholesale Global Corporate Bond - Managed fund profile

FSI Wholesale Global Corporate Bond - Managed Fund

Fund Objective
To provide returns in excess of those available by reference to the Barclays Global Aggregate - Corporate index hedged to Australian dollars; over rolling three-year periods (before tax and fees; assuming income is reinvested).
Fund Strategy
The fund's strategy is to earn an income return from predominantly investing in global credit securities; controlling risk through careful selection and monitoring; combined with broad diversification. The fund focuses on building a portfolio that seeks to deliver a superior risk/ return trade-off compared to the index by rigorous credit monitoring and portfolio construction. Derivatives may be used for risk management or return enhancement. The fund aims to hedge currency exposure.

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 -1.21% 1.98% 1.28% -2.98% -6.58% -3.63% 0.61% 2.77%
Growth return -1.97% -2.81% -0.74% 0.35% -1.33% -5.75% -5.06% -4.84%
Income return 0.76% 4.79% 2.02% -3.33% -5.25% 2.12% 5.67% 7.61%
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 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FSI Wholesale Global Corporate Bond
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.51%
Australian Equities
0.68%
International Equities
0.56%
Property
0%
Fixed Interest
90.09%
Alternatives
2.16%

General Information

Fund Details
Type Description
FSI Wholesale Global Corporate Bond
Colonial First State Investments Limited
FSF1077AU
Bonds - Global
starstarstarstar (as at 31 May 2023)
Investment Fund
7 Dec 2009
$0 million (as at 31 Mar 2024)
$0.6621 (as at 13 Jun 2024)
$0.6621 (as at 13 Jun 2024)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.67% (as at 18 Nov 2019) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Us 2yr Note (Cbt) Jun24 Bond - Treasury Future 10.37%
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FAQs about the FSI Wholesale Global Corporate Bond

The objective of the FSI Wholesale Global Corporate Bond managed fund is To provide returns in excess of those available by reference to the Barclays Global Aggregate - Corporate index hedged to Australian dollars; over rolling three-year periods (before tax and fees; assuming income is reinvested).

The strategy of the FSI Wholesale Global Corporate Bond managed fund is The fund's strategy is to earn an income return from predominantly investing in global credit securities; controlling risk through careful selection and monitoring; combined with broad diversification. The fund focuses on building a portfolio that seeks to deliver a superior risk/ return trade-off compared to the index by rigorous credit monitoring and portfolio construction. Derivatives may be used for risk management or return enhancement. The fund aims to hedge currency exposure.

The APIR code of the FSI Wholesale Global Corporate Bond managed fund is FSF1077AU.

FSI Wholesale Global Corporate Bond’s total return last month was -1.21%. This was made up of a growth return of -1.97% and an income return of 0.76%. These returns were calculated as at 31 May 2023.

FSI Wholesale Global Corporate Bond’s total return for the last three months was 1.98%. This was made up of a growth return of -2.81% and an income return of 4.79%%. These returns were calculated as at 31 May 2023.

FSI Wholesale Global Corporate Bond’s one-year total return is -2.98%. This was made up of a growth return of 0.35% and an income return of -3.33%. These returns were calculated as at 31 May 2023.

FSI Wholesale Global Corporate Bond’s one-year total return is -3.63%. This was made up of a growth return of -5.75% and an income return of 2.12%. These returns were calculated as at 31 May 2023.

The asset allocation of the FSI Wholesale Global Corporate Bond managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the FSI Wholesale Global Corporate Bond managed fund is Colonial First State Investments Limited.

The FSI Wholesale Global Corporate Bond managed fund belongs to the Bonds - Global sector/asset class.

As at 31 Mar 2024, the size of the FSI Wholesale Global Corporate Bond managed fund was $0 million.

The FSI Wholesale Global Corporate Bond managed fund has an inception date of 7 Dec 2009.

The current entry price of the FSI Wholesale Global Corporate Bond managed fund is $0.6621 per unit and the current exit price is $0.6621 per unit (as at 13 Jun 2024).

The current exit price of the FSI Wholesale Global Corporate Bond managed fund is $0.6621 per unit and the current entry price is $0.6621 per unit (as at 13 Jun 2024).

The minimum initial investment amount for the FSI Wholesale Global Corporate Bond managed fund is $5,000. 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.