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  5. IOOF GIS Aberdeen Balanced Fixed Income - Managed fund profile

IOOF GIS Aberdeen Balanced Fixed Income - Managed Fund (Closed)

Fund Objective
To outperform the RBA Cash Rate by 3.5% per annum (gross of fees) over rolling three year periods.
Fund Strategy
To focus on maintaining primarily high credit quality and liquidity, and to aim to actively add value through interest rate, credit and relative value strategies in both Australian and global markets. In addition, the Fund will seek to add value via investments in emerging market debt and high yield debt strategies.

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 0.51% 2.13% 4.67% 6.71% 9.28% 6.59% 6.09% -%
Growth return 0.51% 0.84% 3.35% 5.36% 8.59% 6.14% 4.24% -%
Income return 0% 1.29% 1.32% 1.35% 0.69% 0.45% 1.85% -%
Market index (MorningstarAus BBG AuBd Cmp/BCGA TR HAUD)
Total return -1.69% 0.07% 3.14% 7.72% 3.51% -1.25% -0.63% 2.07%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GIS Aberdeen Balanced Fixed Income
Cash
7.98%
Fixed Interest
92.02%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
0.24%
Fixed Interest
98.95%
Australian Equities
0%
International Equities
0.03%
Alternatives
0.79%

General Information

Fund Details
Type Description
IOOF GIS Aberdeen Balanced Fixed Income
Closed
IOOF Global One Limited
ASK0524AU
Bonds - Global / Australia
starstarstarstar (as at 28 Feb 2010)
Investment Fund
30 Sep 2003
$0 million (as at 31 Jan 2007)
$12.54226 (as at 26 Feb 2010)
$12.50469 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.43% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.45% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

FAQs about the IOOF GIS Aberdeen Balanced Fixed Income

The objective of the IOOF GIS Aberdeen Balanced Fixed Income managed fund is To outperform the RBA Cash Rate by 3.5% per annum (gross of fees) over rolling three year periods.

The strategy of the IOOF GIS Aberdeen Balanced Fixed Income managed fund is To focus on maintaining primarily high credit quality and liquidity, and to aim to actively add value through interest rate, credit and relative value strategies in both Australian and global markets. In addition, the Fund will seek to add value via investments in emerging market debt and high yield debt strategies.

The APIR code of the IOOF GIS Aberdeen Balanced Fixed Income managed fund is ASK0524AU.

IOOF GIS Aberdeen Balanced Fixed Income’s total return last month was 0.51%. This was made up of a growth return of 0.51% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GIS Aberdeen Balanced Fixed Income’s total return for the last three months was 2.13%. This was made up of a growth return of 0.84% and an income return of 1.29%%. These returns were calculated as at 28 Feb 2010.

IOOF GIS Aberdeen Balanced Fixed Income’s one-year total return is 6.71%. This was made up of a growth return of 5.36% and an income return of 1.35%. These returns were calculated as at 28 Feb 2010.

IOOF GIS Aberdeen Balanced Fixed Income’s one-year total return is 6.59%. This was made up of a growth return of 6.14% and an income return of 0.45%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF GIS Aberdeen Balanced Fixed Income managed fund is :

Cash
7.98%
Fixed Interest
92.02%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the IOOF GIS Aberdeen Balanced Fixed Income managed fund is IOOF Global One Limited.

The IOOF GIS Aberdeen Balanced Fixed Income managed fund belongs to the Bonds - Global / Australia sector/asset class.

As at 31 Jan 2007, the size of the IOOF GIS Aberdeen Balanced Fixed Income managed fund was $0 million.

The IOOF GIS Aberdeen Balanced Fixed Income managed fund has an inception date of 30 Sep 2003.

The current entry price of the IOOF GIS Aberdeen Balanced Fixed Income managed fund is $12.54226 per unit and the current exit price is $12.50469 per unit (as at 26 Feb 2010).

The current exit price of the IOOF GIS Aberdeen Balanced Fixed Income managed fund is $12.50469 per unit and the current entry price is $12.54226 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF GIS Aberdeen Balanced Fixed Income managed fund is $3,000.

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.