Generation Schroder Absolute Return Income - Managed Fund

Fund Objective

To outperform the RBA Cash Rate after fees over the medium term.

Fund Strategy

The Fund is an absolute return focused strategy that invests in a range of Australian and international fixed income securities that aims to deliver regular income to investors. With a focus on managing downside risks it aims to outperform cash and term deposits over the medium term, but with less volatility than equity markets, and the objective of and aims to avoiding negative returns over any rolling 12-month period.

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%	0.82%	2.1%	4.8%	3.56%	1.39%	1.02%	1.25%
Growth return	0%	0.82%	2.1%	4.8%	3.56%	1.39%	1.02%	1.25%
Income return	0%	0%	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 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Schroder Absolute Return Income

Cash: 17.91%

Fixed Interest: 82.09%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 6.54%

Fixed Interest: 90.06%

Australian Equities: 0.68%

International Equities: 0.56%

Property: 0%

Alternatives: 2.16%

General Information

Fund Details

Type	Description
Fund Name	Generation Schroder Absolute Return Income
Responsible Entity	Austock Life Limited
APIR Code	ALL0007AU
Sector/Asset Class	Diversified Credit
Morningstar Rating	(as at 31 Mar 2023)
Legal Structure	Investment Fund
Fund Inception	13 Aug 2004
Fund Size	$18.76 million (as at 31 Oct 2024)
Entry Price	$1.3928 (as at 19 Nov 2024)
Exit Price	$1.3886 (as at 19 Nov 2024)
Fund Status	Open

Offer information

Type	Description
Standard entry fee	4%
MER	0.99% (as at 19 Apr 2024)
Indirect Cost Ratio (ICR)	0.98% (as at 30 Jun 2021)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$500.00
Minimum additional investments	$1,000.00
Minimum redemption amount

FAQs about the Generation Schroder Absolute Return Income

What is the objective of the Generation Schroder Absolute Return Income managed fund?

The objective of the Generation Schroder Absolute Return Income managed fund is To outperform the RBA Cash Rate after fees over the medium term.

What is the strategy for the Generation Schroder Absolute Return Income managed fund?

The strategy of the Generation Schroder Absolute Return Income managed fund is The Fund is an absolute return focused strategy that invests in a range of Australian and international fixed income securities that aims to deliver regular income to investors. With a focus on managing downside risks it aims to outperform cash and term deposits over the medium term, but with less volatility than equity markets, and the objective of and aims to avoiding negative returns over any rolling 12-month period.

What is the APIR code of the Generation Schroder Absolute Return Income managed fund?

The APIR code of the Generation Schroder Absolute Return Income managed fund is ALL0007AU.

What was Generation Schroder Absolute Return Income’s total return last month?

Generation Schroder Absolute Return Income’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was Generation Schroder Absolute Return Income’s total return for the last three months?

Generation Schroder Absolute Return Income’s total return for the last three months was 0.82%. This was made up of a growth return of 0.82% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

What is Generation Schroder Absolute Return Income’s one-year total return?

Generation Schroder Absolute Return Income’s one-year total return is 4.8%. This was made up of a growth return of 4.8% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What is Generation Schroder Absolute Return Income’s three-year total return?

Generation Schroder Absolute Return Income’s one-year total return is 1.39%. This was made up of a growth return of 1.39% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Generation Schroder Absolute Return Income managed fund?

The asset allocation of the Generation Schroder Absolute Return Income managed fund is :

Cash: 17.91%

Fixed Interest: 82.09%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Who is the responsible Entity of the Generation Schroder Absolute Return Income managed fund?

The Responsible Entity for the Generation Schroder Absolute Return Income managed fund is Austock Life Limited.

What sector/asset class does the Generation Schroder Absolute Return Income managed fund belong to?

The Generation Schroder Absolute Return Income managed fund belongs to the Diversified Credit sector/asset class.

What is the size of the Generation Schroder Absolute Return Income managed fund?

As at 31 Oct 2024, the size of the Generation Schroder Absolute Return Income managed fund was $18.76 million.

What is the inception date of the Generation Schroder Absolute Return Income managed fund?

The Generation Schroder Absolute Return Income managed fund has an inception date of 13 Aug 2004.

What is the current entry price of the Generation Schroder Absolute Return Income managed fund?

The current entry price of the Generation Schroder Absolute Return Income managed fund is $1.3928 per unit and the current exit price is $1.3886 per unit (as at 19 Nov 2024).

What is the current exit price of the Generation Schroder Absolute Return Income managed fund?

The current exit price of the Generation Schroder Absolute Return Income managed fund is $1.3886 per unit and the current entry price is $1.3928 per unit (as at 19 Nov 2024).

What is the minimum investment amount for the Generation Schroder Absolute Return Income managed fund?

The minimum initial investment amount for the Generation Schroder Absolute Return Income managed fund is $500. 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