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  5. Macquarie Income Opportunities No.1 Wholesale - Managed fund profile

Macquarie Income Opportunities No.1 Wholesale - Managed Fund

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 -0.48% 1.27% 3.83% 8.92% 6.21% 2.4% -% -%
Growth return -0.75% 0.45% 2.15% 5.91% 2.97% -0.03% -% -%
Income return 0.27% 0.82% 1.68% 3.01% 3.24% 2.43% -% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -1.51% 0.53% 4.02% 8.37% 4.14% -1.89% -0.61% 2.01%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Income Opportunities No.1 Wholesale
Cash
9.30%
Fixed Interest
90.70%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.54%
Fixed Interest
90.06%
Australian Equities
0.68%
International Equities
0.56%
Property
0%
Alternatives
2.16%

General Information

Fund Details
Type Description
Macquarie Income Opportunities No.1 Wholesale
Macquarie Investment Management Aus Ltd.
MAQ9402AU
Diversified Credit
starstarstar (as at 31 Oct 2024)
Investment Fund
24 Dec 2020
$98.71 million (as at 31 Oct 2024)
$0.9734 (as at 19 Nov 2024)
$0.9702 (as at 19 Nov 2024)
Open
Offer information
Type Description
MER 0.42% (as at 8 Jul 2024)
Indirect Cost Ratio (ICR) 0.39% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $2,000,000
Minimum additional investments

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 Macquarie Income Opportunities No.1 Wholesale

The objective of the Macquarie Income Opportunities No.1 Wholesale 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 Macquarie Income Opportunities No.1 Wholesale 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 Macquarie Income Opportunities No.1 Wholesale managed fund is MAQ9402AU.

Macquarie Income Opportunities No.1 Wholesale’s total return last month was -0.48%. This was made up of a growth return of -0.75% and an income return of 0.27%. These returns were calculated as at 31 Oct 2024.

Macquarie Income Opportunities No.1 Wholesale’s total return for the last three months was 1.27%. This was made up of a growth return of 0.45% and an income return of 0.82%%. These returns were calculated as at 31 Oct 2024.

Macquarie Income Opportunities No.1 Wholesale’s one-year total return is 8.92%. This was made up of a growth return of 5.91% and an income return of 3.01%. These returns were calculated as at 31 Oct 2024.

Macquarie Income Opportunities No.1 Wholesale’s one-year total return is 2.4%. This was made up of a growth return of -0.03% and an income return of 2.43%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Macquarie Income Opportunities No.1 Wholesale managed fund is :

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

The Responsible Entity for the Macquarie Income Opportunities No.1 Wholesale managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie Income Opportunities No.1 Wholesale managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Oct 2024, the size of the Macquarie Income Opportunities No.1 Wholesale managed fund was $98.71 million.

The Macquarie Income Opportunities No.1 Wholesale managed fund has an inception date of 24 Dec 2020.

The current entry price of the Macquarie Income Opportunities No.1 Wholesale managed fund is $0.9734 per unit and the current exit price is $0.9702 per unit (as at 19 Nov 2024).

The current exit price of the Macquarie Income Opportunities No.1 Wholesale managed fund is $0.9702 per unit and the current entry price is $0.9734 per unit (as at 19 Nov 2024).

The minimum initial investment amount for the Macquarie Income Opportunities No.1 Wholesale managed fund is $2,000,000. Minimum additional investment is $0.

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.