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  5. Macquarie AP - Macquarie Dynamic Bond - Managed fund profile

Macquarie AP - Macquarie Dynamic Bond - Managed Fund (Closed)

Fund Objective
The Fund aims to generate attractive returns by dynamically investing in global fixed income instruments. It aims to provide diversification against equity risk as well as capital growth and some income.
Fund Strategy
The Fund provides exposure to an actively managed, benchmark unaware and diversified portfolio of fixed income investments such as sovereign bonds and investment grade credit. Generally, exposure will be to fixed rate notes. The duration profile of the Fund is actively managed through the use of derivatives such as swaps and futures. The investment process aims to reduce the risk of the Fund being adversely affected by unexpected events or downgrades in the credit rating of the Fund's investments.

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 -0.04% 2.09% 1.08% 2.84% 5.12% 4.16% 3.27% 3.88%
Growth return -0.04% 2.09% 1.08% 2.84% 5.12% 4.16% 3.27% 3.88%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
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 31 Aug 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie AP - Macquarie Dynamic Bond
Cash
5.18%
Fixed Interest
94.82%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
0.35%
Fixed Interest
99.20%
International Equities
0.05%
Alternatives
0.40%

General Information

Fund Details
Type Description
Macquarie AP - Macquarie Dynamic Bond
Closed
Macquarie Investment Management Aus Ltd.
MAQ0094AU
Bonds - Global / Australia
starstarstar (as at 31 Aug 2020)
Allocated Pension
6 May 2003
$0.94 million (as at 31 Aug 2020)
$2.1352 (as at 14 Sep 2020)
$2.1284 (as at 14 Sep 2020)
Finalised
Offer information
Type Description
Standard entry fee 3.50%
MER 1.77% (as at 30 Jun 2003)
Indirect Cost Ratio (ICR) 1.77% (as at 30 Jun 2010)
Minimum initial investment $25,000
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Dec 2020)

Holding (as at 31 Dec 2020) Type % of Portfolio
Australia (Commonwealth of) 2.75% Bond - Gov't/Treasury 12.36%
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FAQs about the Macquarie AP - Macquarie Dynamic Bond

The objective of the Macquarie AP - Macquarie Dynamic Bond managed fund is The Fund aims to generate attractive returns by dynamically investing in global fixed income instruments. It aims to provide diversification against equity risk as well as capital growth and some income.

The strategy of the Macquarie AP - Macquarie Dynamic Bond managed fund is The Fund provides exposure to an actively managed, benchmark unaware and diversified portfolio of fixed income investments such as sovereign bonds and investment grade credit. Generally, exposure will be to fixed rate notes. The duration profile of the Fund is actively managed through the use of derivatives such as swaps and futures. The investment process aims to reduce the risk of the Fund being adversely affected by unexpected events or downgrades in the credit rating of the Fund's investments.

The APIR code of the Macquarie AP - Macquarie Dynamic Bond managed fund is MAQ0094AU.

Macquarie AP - Macquarie Dynamic Bond’s total return last month was -0.04%. This was made up of a growth return of -0.04% and an income return of 0%. These returns were calculated as at 31 Aug 2020.

Macquarie AP - Macquarie Dynamic Bond’s total return for the last three months was 2.09%. This was made up of a growth return of 2.09% and an income return of 0%%. These returns were calculated as at 31 Aug 2020.

Macquarie AP - Macquarie Dynamic Bond’s one-year total return is 2.84%. This was made up of a growth return of 2.84% and an income return of 0%. These returns were calculated as at 31 Aug 2020.

Macquarie AP - Macquarie Dynamic Bond’s one-year total return is 4.16%. This was made up of a growth return of 4.16% and an income return of 0%. These returns were calculated as at 31 Aug 2020.

The asset allocation of the Macquarie AP - Macquarie Dynamic Bond managed fund is :

Cash
5.18%
Fixed Interest
94.82%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Macquarie AP - Macquarie Dynamic Bond managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie AP - Macquarie Dynamic Bond managed fund belongs to the Bonds - Global / Australia sector/asset class.

As at 31 Aug 2020, the size of the Macquarie AP - Macquarie Dynamic Bond managed fund was $0.94 million.

The Macquarie AP - Macquarie Dynamic Bond managed fund has an inception date of 6 May 2003.

The current entry price of the Macquarie AP - Macquarie Dynamic Bond managed fund is $2.1352 per unit and the current exit price is $2.1284 per unit (as at 14 Sep 2020).

The current exit price of the Macquarie AP - Macquarie Dynamic Bond managed fund is $2.1284 per unit and the current entry price is $2.1352 per unit (as at 14 Sep 2020).

The minimum initial investment amount for the Macquarie AP - Macquarie Dynamic Bond managed fund is $25,000.

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.