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  5. IOOF GIS - Skandia Credit Suisse Global - Managed fund profile

IOOF GIS - Skandia Credit Suisse Global - Managed Fund (Closed)

Fund Objective
The option aims to provide exposure to global credit markets and to generate income with some potential for capital growth over the medium to long term. The option aims to outperform its benchmark (Bloomberg AusBond Bank Bill Index (50%) and Bloomberg AusBond Composite 0 Yr Index (50%)) over rolling three year periods before fees and taxes.
Fund Strategy
The option is actively managed and focused on generating stable investment income by providing diversified exposure to domestic and global credit markets while managing interest rate risk and currency risk. Bentham seeks to add value through actively managing allocations across different credit sectors, trading of individual securities and managing its interest rate and currency risk. Bentham manages the option on a top-down basis.

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 2.94% 6.94% 23.64% 70.65% 7.7% 3.84% -% -%
Growth return 2.44% 4.68% 20.04% 64.3% -0.15% -3.02% -% -%
Income return 0.5% 2.26% 3.6% 6.35% 7.85% 6.86% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.88% -0.39% 2.26% 7.08% 2.86% -0.62% -0.68% 2.11%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GIS - Skandia Credit Suisse Global
International Equities
0.18%
Cash
17.98%
Fixed Interest
81.84%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0.53%
Cash
5.67%
Fixed Interest
92.07%
Australian Equities
1.30%
Property
0.06%
Alternatives
0.36%

General Information

Fund Details
Type Description
IOOF GIS - Skandia Credit Suisse Global
Closed
IOOF Global One Limited
ASK0683AU
Unconstrained Fixed Income
starstarstar (as at 28 Feb 2010)
Investment Fund
30 May 2005
$0.41 million (as at 28 Feb 2010)
$9.48245 (as at 28 Feb 2010)
$9.3881 (as at 28 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.61% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.60% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

Top 10 holdings (as at 31 Dec 2017)

Holding (as at 31 Dec 2017) Type % of Portfolio
At Securities Bv Frn Coy Guar Bond - Corporate Bond 1.49%

FAQs about the IOOF GIS - Skandia Credit Suisse Global

The objective of the IOOF GIS - Skandia Credit Suisse Global managed fund is The option aims to provide exposure to global credit markets and to generate income with some potential for capital growth over the medium to long term. The option aims to outperform its benchmark (Bloomberg AusBond Bank Bill Index (50%) and Bloomberg AusBond Composite 0+Yr Index (50%)) over rolling three year periods before fees and taxes.

The strategy of the IOOF GIS - Skandia Credit Suisse Global managed fund is The option is actively managed and focused on generating stable investment income by providing diversified exposure to domestic and global credit markets while managing interest rate risk and currency risk. Bentham seeks to add value through actively managing allocations across different credit sectors, trading of individual securities and managing its interest rate and currency risk. Bentham manages the option on a top-down basis.

The APIR code of the IOOF GIS - Skandia Credit Suisse Global managed fund is ASK0683AU.

IOOF GIS - Skandia Credit Suisse Global’s total return last month was 2.94%. This was made up of a growth return of 2.44% and an income return of 0.5%. These returns were calculated as at 28 Feb 2010.

IOOF GIS - Skandia Credit Suisse Global’s total return for the last three months was 6.94%. This was made up of a growth return of 4.68% and an income return of 2.26%%. These returns were calculated as at 28 Feb 2010.

IOOF GIS - Skandia Credit Suisse Global’s one-year total return is 70.65%. This was made up of a growth return of 64.3% and an income return of 6.35%. These returns were calculated as at 28 Feb 2010.

IOOF GIS - Skandia Credit Suisse Global’s one-year total return is 3.84%. This was made up of a growth return of -3.02% and an income return of 6.86%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF GIS - Skandia Credit Suisse Global managed fund is :

International Equities
0.18%
Cash
17.98%
Fixed Interest
81.84%
Australian Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the IOOF GIS - Skandia Credit Suisse Global managed fund is IOOF Global One Limited.

The IOOF GIS - Skandia Credit Suisse Global managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 28 Feb 2010, the size of the IOOF GIS - Skandia Credit Suisse Global managed fund was $0.41 million.

The IOOF GIS - Skandia Credit Suisse Global managed fund has an inception date of 30 May 2005.

The current entry price of the IOOF GIS - Skandia Credit Suisse Global managed fund is $9.48245 per unit and the current exit price is $9.3881 per unit (as at 28 Feb 2010).

The current exit price of the IOOF GIS - Skandia Credit Suisse Global managed fund is $9.3881 per unit and the current entry price is $9.48245 per unit (as at 28 Feb 2010).

The minimum initial investment amount for the IOOF GIS - Skandia Credit Suisse Global 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.