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  5. IOOF GSS Macquarie Income Opportunities - Managed fund profile

IOOF GSS Macquarie Income Opportunities - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees). It aims to provide higher income returns than traditional cash investments at all stages of interest rate and economic cycles.
Fund Strategy
The Fund provides exposure to a wide range of Australian credit-based securities (predominantly floating and fixed rate corporate bonds, and asset-backed securities) and cash. The Fund may also have exposure to global investment grade credit securities, global high yield credit securities, emerging market debt, hybrid securities and a range of other credit opportunities when they are expected to outperform and reduce exposure to these sectors when they are expected to underperform.

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 0.36% 2.15% 4.61% 9.55% 4.47% 4.87% -% -%
Growth return 0.36% 2.15% 4.61% 9.55% 4.47% 4.87% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.12% 2.23% 4.45% 4.05% 2.94% 1.87% 1.92%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GSS Macquarie Income Opportunities
Cash
9.30%
Fixed Interest
90.70%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.01%
Fixed Interest
73.53%
Australian Equities
0.39%
International Equities
0.05%
Alternatives
0.03%

General Information

Fund Details
Type Description
IOOF GSS Macquarie Income Opportunities
Closed
IOOF Global One Limited
ASK0887AU
Australian Short Term Fixed Interest
starstarstarstar (as at 28 Feb 2010)
Superannuation Fund
1 Nov 2006
$0.11 million (as at 28 Feb 2010)
$11.7332 (as at 26 Feb 2010)
$11.69806 (as at 26 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 31 Aug 2024)

Holding (as at 31 Aug 2024) Type % of Portfolio
TRS Bloomberg AusBond Bank 0+Y TR AUD Total Return Swap 100%

FAQs about the IOOF GSS Macquarie Income Opportunities

The objective of the IOOF GSS Macquarie Income Opportunities managed fund is The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees). It aims to provide higher income returns than traditional cash investments at all stages of interest rate and economic cycles.

The strategy of the IOOF GSS Macquarie Income Opportunities managed fund is The Fund provides exposure to a wide range of Australian credit-based securities (predominantly floating and fixed rate corporate bonds, and asset-backed securities) and cash. The Fund may also have exposure to global investment grade credit securities, global high yield credit securities, emerging market debt, hybrid securities and a range of other credit opportunities when they are expected to outperform and reduce exposure to these sectors when they are expected to underperform.

The APIR code of the IOOF GSS Macquarie Income Opportunities managed fund is ASK0887AU.

IOOF GSS Macquarie Income Opportunities’s total return last month was 0.36%. This was made up of a growth return of 0.36% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Macquarie Income Opportunities’s total return for the last three months was 2.15%. This was made up of a growth return of 2.15% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Macquarie Income Opportunities’s one-year total return is 9.55%. This was made up of a growth return of 9.55% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Macquarie Income Opportunities’s one-year total return is 4.87%. This was made up of a growth return of 4.87% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF GSS Macquarie Income Opportunities managed fund is :

Cash
9.30%
Fixed Interest
90.70%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the IOOF GSS Macquarie Income Opportunities managed fund is IOOF Global One Limited.

The IOOF GSS Macquarie Income Opportunities managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 28 Feb 2010, the size of the IOOF GSS Macquarie Income Opportunities managed fund was $0.11 million.

The IOOF GSS Macquarie Income Opportunities managed fund has an inception date of 1 Nov 2006.

The current entry price of the IOOF GSS Macquarie Income Opportunities managed fund is $11.7332 per unit and the current exit price is $11.69806 per unit (as at 26 Feb 2010).

The current exit price of the IOOF GSS Macquarie Income Opportunities managed fund is $11.69806 per unit and the current entry price is $11.7332 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF GSS Macquarie Income Opportunities 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.