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  5. IOOF GSS Aberdeen Australian Bond - Managed fund profile

IOOF GSS Aberdeen Australian Bond - Managed Fund (Closed)

Fund Objective
To provide exposure to primarily Australian fixed income securities, to generate income with some capital growth potential over the medium to long term. The Fund aims to outperform the benchmark UBSA Composite Bond Index over the suggested investment time frame.
Fund Strategy
The Fund's investment strategy is to aim to actively add value through interest rate, credit and relative value strategies. The strategies involve both fundamental and model driven analysis that seeks to exploit as many return generating opportunities as possible, and are therefore well risk diversified.

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 3.02% 6.71% 9.35% 8.57% 6.71% 4.98% -% -%
Growth return 3.02% 6.71% 9.35% 8.57% 6.71% 4.98% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 31 Jan 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GSS Aberdeen Australian Bond
Cash
5.85%
Fixed Interest
94.15%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.57%
Fixed Interest
92.51%
Australian Equities
0.63%
International Equities
0.02%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
IOOF GSS Aberdeen Australian Bond
Closed
IOOF Global One Limited
ASK0885AU
Bonds - Australia
starstarstarstar (as at 31 Jan 2010)
Superannuation Fund
1 Nov 2006
$0 million (as at 31 Dec 2009)
$11.63346 (as at 22 Feb 2010)
$11.63346 (as at 22 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

Top 10 holdings (as at 30 Nov 2008)

Holding (as at 30 Nov 2008) Type % of Portfolio
Interest Rate Swap Interest Rate Swap 17.75%
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FAQs about the IOOF GSS Aberdeen Australian Bond

The objective of the IOOF GSS Aberdeen Australian Bond managed fund is To provide exposure to primarily Australian fixed income securities, to generate income with some capital growth potential over the medium to long term. The Fund aims to outperform the benchmark UBSA Composite Bond Index over the suggested investment time frame.

The strategy of the IOOF GSS Aberdeen Australian Bond managed fund is The Fund's investment strategy is to aim to actively add value through interest rate, credit and relative value strategies. The strategies involve both fundamental and model driven analysis that seeks to exploit as many return generating opportunities as possible, and are therefore well risk diversified.

The APIR code of the IOOF GSS Aberdeen Australian Bond managed fund is ASK0885AU.

IOOF GSS Aberdeen Australian Bond’s total return last month was 3.02%. This was made up of a growth return of 3.02% and an income return of 0%. These returns were calculated as at 31 Jan 2010.

IOOF GSS Aberdeen Australian Bond’s total return for the last three months was 6.71%. This was made up of a growth return of 6.71% and an income return of 0%%. These returns were calculated as at 31 Jan 2010.

IOOF GSS Aberdeen Australian Bond’s one-year total return is 8.57%. This was made up of a growth return of 8.57% and an income return of 0%. These returns were calculated as at 31 Jan 2010.

IOOF GSS Aberdeen Australian Bond’s one-year total return is 4.98%. This was made up of a growth return of 4.98% and an income return of 0%. These returns were calculated as at 31 Jan 2010.

The asset allocation of the IOOF GSS Aberdeen Australian Bond managed fund is :

Cash
5.85%
Fixed Interest
94.15%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the IOOF GSS Aberdeen Australian Bond managed fund is IOOF Global One Limited.

The IOOF GSS Aberdeen Australian Bond managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Dec 2009, the size of the IOOF GSS Aberdeen Australian Bond managed fund was $0 million.

The IOOF GSS Aberdeen Australian Bond managed fund has an inception date of 1 Nov 2006.

The current entry price of the IOOF GSS Aberdeen Australian Bond managed fund is $11.63346 per unit and the current exit price is $11.63346 per unit (as at 22 Feb 2010).

The current exit price of the IOOF GSS Aberdeen Australian Bond managed fund is $11.63346 per unit and the current entry price is $11.63346 per unit (as at 22 Feb 2010).

The minimum initial investment amount for the IOOF GSS Aberdeen Australian Bond 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.