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  5. Morningstar International Bonds Hedged A - Managed fund profile

Morningstar International Bonds Hedged A - Managed Fund

Fund Objective
Aims to maximise outperformance relative to the benchmark over rolling 3 year periods by investing predominantly in international government and corporate bonds.
Fund Strategy
An actively managed Fund invested predominantly in investment-grade international bonds hedged back to Australian dollars with the aim of providing investors with a consistent income while preserving underlying capital. To achieve this aim, the Fund invests in fixed income securities and/or managed investment schemes that exhibit desirable risk-return characteristics.

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 -2.22% -0.35% 3.29% 8.16% 4.11% -1.53% -0.53% 1.61%
Growth return -2.22% -0.35% 3.29% -% 4.11% -1.53% -3.17% -1.59%
Income return 0% 0% 0% -% 0% 0% 2.64% 3.2%
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

Morningstar International Bonds Hedged A
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
90.13%
Australian Equities
0.70%
International Equities
0.56%
Cash
6.46%
Property
0%
Alternatives
2.15%

General Information

Fund Details
Type Description
Morningstar International Bonds Hedged A (Wholesale)
Morningstar Investment Management Austra
INT0080AU
Bonds - Global
starstarstarstar (as at 30 Sep 2024)
Investment Fund
31 Oct 2006
$6.1 million (as at 30 Sep 2024)
$0.86277 (as at 5 Nov 2024)
$0.86195 (as at 5 Nov 2024)
Open
Offer information
Type Description
MER 0.48% (as at 30 Sep 2023)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.02
Minimum initial investment $500,000
Minimum additional investments $100,000
Minimum redemption amount $100,000

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
10 Year Japanese Government Bond Future Dec 24 Bond - Treasury Future 8.28%
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FAQs about the Morningstar International Bonds Hedged A

The objective of the Morningstar International Bonds Hedged A managed fund is Aims to maximise outperformance relative to the benchmark over rolling 3 year periods by investing predominantly in international government and corporate bonds.

The strategy of the Morningstar International Bonds Hedged A managed fund is An actively managed Fund invested predominantly in investment-grade international bonds hedged back to Australian dollars with the aim of providing investors with a consistent income while preserving underlying capital. To achieve this aim, the Fund invests in fixed income securities and/or managed investment schemes that exhibit desirable risk-return characteristics.

The APIR code of the Morningstar International Bonds Hedged A managed fund is INT0080AU.

Morningstar International Bonds Hedged A’s total return last month was -2.22%. This was made up of a growth return of -2.22% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Morningstar International Bonds Hedged A’s total return for the last three months was -0.35%. This was made up of a growth return of -0.35% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Morningstar International Bonds Hedged A’s one-year total return is 8.16%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Morningstar International Bonds Hedged A’s one-year total return is -1.53%. This was made up of a growth return of -1.53% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Morningstar International Bonds Hedged A managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Morningstar International Bonds Hedged A managed fund is Morningstar Investment Management Austra.

The Morningstar International Bonds Hedged A managed fund belongs to the Bonds - Global sector/asset class.

As at 30 Sep 2024, the size of the Morningstar International Bonds Hedged A managed fund was $6.1 million.

The Morningstar International Bonds Hedged A managed fund has an inception date of 31 Oct 2006.

The current entry price of the Morningstar International Bonds Hedged A managed fund is $0.86277 per unit and the current exit price is $0.86195 per unit (as at 5 Nov 2024).

The current exit price of the Morningstar International Bonds Hedged A managed fund is $0.86195 per unit and the current entry price is $0.86277 per unit (as at 5 Nov 2024).

The minimum initial investment amount for the Morningstar International Bonds Hedged A managed fund is $500,000. Minimum additional investment is $100000.

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.