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  5. MFS Global Opportunistic Fixed Income Trust I - Managed fund profile

MFS Global Opportunistic Fixed Income Trust I - Managed Fund

Fund Objective
The investment objective of the Trust is to seek total return with an emphasis on generating income, but also considering capital appreciation. The Trust aims to outperform its Benchmark over a full market cycle, before taking into account fees and expenses.
Fund Strategy
MFS uses an active bottom-up investment approach to buying and selling investments for the Trust. Investments are selected primarily based on fundamental analysis of individual instruments and their issuers in light of the issuers' financial condition and market, economic, political, and regulatory conditions. Factors considered may include the instrument's credit quality and terms, any underlying assets and their credit quality, and the issuer's management ability, capital structure, leverage, and ability to meet its current obligations.

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 1.38% 0.54% 4.36% 6.98% 4.02% -1.47% -1.17% -%
Growth return 1.38% -0.37% 3.41% 6% 3.55% -1.77% -1.35% -%
Income return 0% 0.91% 0.95% 0.98% 0.47% 0.3% 0.18% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 1.16% 0.7% 4.42% 6.23% 3.52% -1.75% -0.34% 2.01%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MFS Global Opportunistic Fixed Income Trust I
Cash
-15.02%
Fixed Interest
115.02%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.96%
Fixed Interest
90.57%
Australian Equities
0.69%
International Equities
0.57%
Property
0%
Alternatives
2.21%

General Information

Fund Details
Type Description
MFS Global Opportunistic Fixed Income Trust I
Equity Trustees Ltd
ETL7308AU
Bonds - Global
starstar (as at 30 Nov 2024)
Investment Fund
18 Nov 2019
$243.78 million (as at 30 Nov 2024)
$0.9254 (as at 24 Dec 2024)
$0.9214 (as at 24 Dec 2024)
Open
Offer information
Type Description
MER 0.50% (as at 31 May 2024)
Indirect Cost Ratio (ICR) - Estimated 0.50% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) Not Available

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
2 Year Treasury Note Future Dec 24 Bond - Treasury Future 14.07%
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FAQs about the MFS Global Opportunistic Fixed Income Trust I

The objective of the MFS Global Opportunistic Fixed Income Trust I managed fund is The investment objective of the Trust is to seek total return with an emphasis on generating income, but also considering capital appreciation. The Trust aims to outperform its Benchmark over a full market cycle, before taking into account fees and expenses.

The strategy of the MFS Global Opportunistic Fixed Income Trust I managed fund is MFS uses an active bottom-up investment approach to buying and selling investments for the Trust. Investments are selected primarily based on fundamental analysis of individual instruments and their issuers in light of the issuers' financial condition and market, economic, political, and regulatory conditions. Factors considered may include the instrument's credit quality and terms, any underlying assets and their credit quality, and the issuer's management ability, capital structure, leverage, and ability to meet its current obligations.

The APIR code of the MFS Global Opportunistic Fixed Income Trust I managed fund is ETL7308AU.

MFS Global Opportunistic Fixed Income Trust I’s total return last month was 1.38%. This was made up of a growth return of 1.38% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

MFS Global Opportunistic Fixed Income Trust I’s total return for the last three months was 0.54%. This was made up of a growth return of -0.37% and an income return of 0.91%%. These returns were calculated as at 30 Nov 2024.

MFS Global Opportunistic Fixed Income Trust I’s one-year total return is 6.98%. This was made up of a growth return of 6% and an income return of 0.98%. These returns were calculated as at 30 Nov 2024.

MFS Global Opportunistic Fixed Income Trust I’s one-year total return is -1.47%. This was made up of a growth return of -1.77% and an income return of 0.3%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the MFS Global Opportunistic Fixed Income Trust I managed fund is :

Cash
-15.02%
Fixed Interest
115.02%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the MFS Global Opportunistic Fixed Income Trust I managed fund is Equity Trustees Ltd.

The MFS Global Opportunistic Fixed Income Trust I managed fund belongs to the Bonds - Global sector/asset class.

As at 30 Nov 2024, the size of the MFS Global Opportunistic Fixed Income Trust I managed fund was $243.78 million.

The MFS Global Opportunistic Fixed Income Trust I managed fund has an inception date of 18 Nov 2019.

The current entry price of the MFS Global Opportunistic Fixed Income Trust I managed fund is $0.9254 per unit and the current exit price is $0.9214 per unit (as at 24 Dec 2024).

The current exit price of the MFS Global Opportunistic Fixed Income Trust I managed fund is $0.9214 per unit and the current entry price is $0.9254 per unit (as at 24 Dec 2024).

The minimum initial investment amount for the MFS Global Opportunistic Fixed Income Trust I 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.