Macquarie - Australian Fixed Interest High Grade - Managed Fund (Closed)

Fund Objective

To deliver returns of 1% pa (before fees) in excess of the Macquarie Corporate Bond Index over the medium-term.

Fund Strategy

Provides access to a diversified portfolio of corporate debt securities. Active management of the Fund's exposure to credit spreads whilst controlling credit risk. Strategic credit exposure (based on Manager's assessment of the direction of credit spreads), sector and stock selection are used to add value.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.58%	-1.03%	0.65%	10.29%	6.22%	5.67%	5.71%	6.16%
Growth return	-%	-%	-%	-%	-%	-%	-%	-%
Income return	-%	-%	-%	-%	-%	-%	-%	-%
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 31 May 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie - Australian Fixed Interest High Grade

Cash: 1.69%

Fixed Interest: 98.31%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 5.68%

Fixed Interest: 92.06%

Australian Equities: 1.30%

International Equities: 0.53%

Property: 0.06%

Alternatives: 0.36%

General Information

Fund Details

Type	Description
Fund Name	Macquarie - Australian Fixed Interest High Grade
Fund Status	Closed
Responsible Entity	Macquarie Investment Management Aus Ltd.
APIR Code	MAQ0105AU
Sector/Asset Class	Bonds - Australia
Morningstar Rating	(as at 31 May 2009)
Legal Structure	Investment Fund
Fund Inception	30 Nov 1998
Fund Size	n/a
Entry Price	$0.8965 (as at 10 Jun 2009)
Exit Price	$0.8957 (as at 10 Jun 2009)
Fund Status	Finalised

Offer information

Type	Description
MER	0.51% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR)	0.31% (as at 30 Jun 2008)

FAQs about the Macquarie - Australian Fixed Interest High Grade

What is the objective of the Macquarie - Australian Fixed Interest High Grade managed fund?

The objective of the Macquarie - Australian Fixed Interest High Grade managed fund is To deliver returns of 1% pa (before fees) in excess of the Macquarie Corporate Bond Index over the medium-term.

What is the strategy for the Macquarie - Australian Fixed Interest High Grade managed fund?

The strategy of the Macquarie - Australian Fixed Interest High Grade managed fund is Provides access to a diversified portfolio of corporate debt securities. Active management of the Fund's exposure to credit spreads whilst controlling credit risk. Strategic credit exposure (based on Manager's assessment of the direction of credit spreads), sector and stock selection are used to add value.

What is the APIR code of the Macquarie - Australian Fixed Interest High Grade managed fund?

The APIR code of the Macquarie - Australian Fixed Interest High Grade managed fund is MAQ0105AU.

What was Macquarie - Australian Fixed Interest High Grade’s total return last month?

Macquarie - Australian Fixed Interest High Grade’s total return last month was -0.58%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2009.

What was Macquarie - Australian Fixed Interest High Grade’s total return for the last three months?

Macquarie - Australian Fixed Interest High Grade’s total return for the last three months was -1.03%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 May 2009.

What is Macquarie - Australian Fixed Interest High Grade’s one-year total return?

Macquarie - Australian Fixed Interest High Grade’s one-year total return is 10.29%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2009.

What is Macquarie - Australian Fixed Interest High Grade’s three-year total return?

Macquarie - Australian Fixed Interest High Grade’s one-year total return is 5.67%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2009.

What is the asset allocation of the Macquarie - Australian Fixed Interest High Grade managed fund?

The asset allocation of the Macquarie - Australian Fixed Interest High Grade managed fund is :

Cash: 1.69%

Fixed Interest: 98.31%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Who is the responsible Entity of the Macquarie - Australian Fixed Interest High Grade managed fund?

The Responsible Entity for the Macquarie - Australian Fixed Interest High Grade managed fund is Macquarie Investment Management Aus Ltd..

What sector/asset class does the Macquarie - Australian Fixed Interest High Grade managed fund belong to?

The Macquarie - Australian Fixed Interest High Grade managed fund belongs to the Bonds - Australia sector/asset class.

What is the size of the Macquarie - Australian Fixed Interest High Grade managed fund?

As at 31 May 2009, the size of the Macquarie - Australian Fixed Interest High Grade managed fund was $ million.

What is the inception date of the Macquarie - Australian Fixed Interest High Grade managed fund?

The Macquarie - Australian Fixed Interest High Grade managed fund has an inception date of 30 Nov 1998.

What is the current entry price of the Macquarie - Australian Fixed Interest High Grade managed fund?

The current entry price of the Macquarie - Australian Fixed Interest High Grade managed fund is $0.8965 per unit and the current exit price is $0.8957 per unit (as at 10 Jun 2009).

What is the current exit price of the Macquarie - Australian Fixed Interest High Grade managed fund?

The current exit price of the Macquarie - Australian Fixed Interest High Grade managed fund is $0.8957 per unit and the current entry price is $0.8965 per unit (as at 10 Jun 2009).

What is the minimum investment amount for the Macquarie - Australian Fixed Interest High Grade managed fund?

The minimum initial investment amount for the Macquarie - Australian Fixed Interest High Grade managed fund is $.

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.

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