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  5. IOOF/Perennial Flexible Fixed Interest - Managed fund profile

IOOF/Perennial Flexible Fixed Interest - Managed Fund (Closed)

Fund Objective
The fund seeks to achieve a total return after fees that exceeds the total return of the Benchmark, over rolling three-year periods.
Fund Strategy
Under normal circumstances, the underlying fund will invest in a portfolio of cash and fixed interest securities including commonwealth and semi-government bonds, corporate debt and asset backed securities.

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 0.22% 2.62% 3.95% 7.9% 5.59% 6.75% 6.77% 6.21%
Growth return 0.22% 1% 1.64% 3% 0.89% 1.1% 0.96% 0.73%
Income return 0% 1.62% 2.31% 4.9% 4.7% 5.65% 5.81% 5.48%
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 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF/Perennial Flexible Fixed Interest
Cash
1.35%
Fixed Interest
98.65%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.50%
Fixed Interest
92.22%
Australian Equities
1.30%
International Equities
0.54%
Property
0.06%
Alternatives
0.36%

General Information

Fund Details
Type Description
IOOF/Perennial Flexible Fixed Interest
Closed
IOOF Investment Management Limited
IOF0012AU
Bonds - Australia
starstarstar (as at 28 Feb 2015)
Investment Fund
5 Aug 1988
$3.11 million (as at 28 Feb 2015)
$1.153 (as at 16 Mar 2015)
$1.153 (as at 16 Mar 2015)
Finalised
Offer information
Type Description
Standard entry fee 2%
MER 1.23% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.22% (as at 30 Jun 2015)
Minimum initial investment $2,000.00
Minimum additional investments $500.00

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Aust 3yr Bond Fut Sep24 Bond - Treasury Future 45.47%
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FAQs about the IOOF/Perennial Flexible Fixed Interest

The objective of the IOOF/Perennial Flexible Fixed Interest managed fund is The fund seeks to achieve a total return after fees that exceeds the total return of the Benchmark, over rolling three-year periods.

The strategy of the IOOF/Perennial Flexible Fixed Interest managed fund is Under normal circumstances, the underlying fund will invest in a portfolio of cash and fixed interest securities including commonwealth and semi-government bonds, corporate debt and asset backed securities.

The APIR code of the IOOF/Perennial Flexible Fixed Interest managed fund is IOF0012AU.

IOOF/Perennial Flexible Fixed Interest’s total return last month was 0.22%. This was made up of a growth return of 0.22% and an income return of 0%. These returns were calculated as at 28 Feb 2015.

IOOF/Perennial Flexible Fixed Interest’s total return for the last three months was 2.62%. This was made up of a growth return of 1% and an income return of 1.62%%. These returns were calculated as at 28 Feb 2015.

IOOF/Perennial Flexible Fixed Interest’s one-year total return is 7.9%. This was made up of a growth return of 3% and an income return of 4.9%. These returns were calculated as at 28 Feb 2015.

IOOF/Perennial Flexible Fixed Interest’s one-year total return is 6.75%. This was made up of a growth return of 1.1% and an income return of 5.65%. These returns were calculated as at 28 Feb 2015.

The asset allocation of the IOOF/Perennial Flexible Fixed Interest managed fund is :

Cash
1.35%
Fixed Interest
98.65%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the IOOF/Perennial Flexible Fixed Interest managed fund is IOOF Investment Management Limited.

The IOOF/Perennial Flexible Fixed Interest managed fund belongs to the Bonds - Australia sector/asset class.

As at 28 Feb 2015, the size of the IOOF/Perennial Flexible Fixed Interest managed fund was $3.11 million.

The IOOF/Perennial Flexible Fixed Interest managed fund has an inception date of 5 Aug 1988.

The current entry price of the IOOF/Perennial Flexible Fixed Interest managed fund is $1.153 per unit and the current exit price is $1.153 per unit (as at 16 Mar 2015).

The current exit price of the IOOF/Perennial Flexible Fixed Interest managed fund is $1.153 per unit and the current entry price is $1.153 per unit (as at 16 Mar 2015).

The minimum initial investment amount for the IOOF/Perennial Flexible Fixed Interest managed fund is $2,000. Minimum additional investment is $500.

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.