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  5. Omega Global Corporate Bond - Managed fund profile

Omega Global Corporate Bond - Managed Fund (Closed)

Fund Objective
To maximise total return over rolling 3 year periods by investing primarily in investment grade fixed interest securities across a number of countries, while seeking to limit capital loss and maintain a low volatility.
Fund Strategy
The Fund invests primarily in investment grade fixed interest securities, cash and cash equivalents. The Fund may also invest in derivatives including futures contracts and forward currency contracts for hedging currency risk.

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 -1.32% -0.77% 0.8% -0.98% 1.34% 3.9% 2.36% 4.79%
Growth return -1.32% -0.77% -8.09% -10.01% -4.98% -2.47% -5.1% -1.06%
Income return 0% 0% 8.89% 9.03% 6.32% 6.37% 7.46% 5.85%
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 30 Sep 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Omega Global Corporate Bond
Cash
3.95%
Fixed Interest
47.79%
Alternatives
48.26%
Australian Equities
0%
International Equities
0%
Property
0%
Average Allocation of Peers
Cash
6.51%
Fixed Interest
90.09%
Alternatives
2.16%
Australian Equities
0.68%
International Equities
0.56%
Property
0%

General Information

Fund Details
Type Description
Omega Global Corporate Bond
Closed
Ironbark Asset Mgmt (Fund Services) Ltd
WHT0023AU
Diversified Credit
starstarstar (as at 30 Sep 2021)
Investment Fund
2 Mar 2010
$17.93 million (as at 13 Oct 2021)
$0.7985 (as at 13 Oct 2021)
$0.7961 (as at 13 Oct 2021)
Finalised
Offer information
Type Description
MER 0.83% (as at 28 Jun 2019)
Indirect Cost Ratio (ICR) 0.83% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 30 Sep 2021)

Holding (as at 30 Sep 2021) Type % of Portfolio
Uniting Church NSW Trust Association Limited 4.138% Bond - Corporate Bond 2.80%
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FAQs about the Omega Global Corporate Bond

The objective of the Omega Global Corporate Bond managed fund is To maximise total return over rolling 3 year periods by investing primarily in investment grade fixed interest securities across a number of countries, while seeking to limit capital loss and maintain a low volatility.

The strategy of the Omega Global Corporate Bond managed fund is The Fund invests primarily in investment grade fixed interest securities, cash and cash equivalents. The Fund may also invest in derivatives including futures contracts and forward currency contracts for hedging currency risk.

The APIR code of the Omega Global Corporate Bond managed fund is WHT0023AU.

Omega Global Corporate Bond’s total return last month was -1.32%. This was made up of a growth return of -1.32% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

Omega Global Corporate Bond’s total return for the last three months was -0.77%. This was made up of a growth return of -0.77% and an income return of 0%%. These returns were calculated as at 30 Sep 2021.

Omega Global Corporate Bond’s one-year total return is -0.98%. This was made up of a growth return of -10.01% and an income return of 9.03%. These returns were calculated as at 30 Sep 2021.

Omega Global Corporate Bond’s one-year total return is 3.9%. This was made up of a growth return of -2.47% and an income return of 6.37%. These returns were calculated as at 30 Sep 2021.

The asset allocation of the Omega Global Corporate Bond managed fund is :

Cash
3.95%
Fixed Interest
47.79%
Alternatives
48.26%
Australian Equities
0%
International Equities
0%
Property
0%

The Responsible Entity for the Omega Global Corporate Bond managed fund is Ironbark Asset Mgmt (Fund Services) Ltd.

The Omega Global Corporate Bond managed fund belongs to the Diversified Credit sector/asset class.

As at 13 Oct 2021, the size of the Omega Global Corporate Bond managed fund was $17.93 million.

The Omega Global Corporate Bond managed fund has an inception date of 2 Mar 2010.

The current entry price of the Omega Global Corporate Bond managed fund is $0.7985 per unit and the current exit price is $0.7961 per unit (as at 13 Oct 2021).

The current exit price of the Omega Global Corporate Bond managed fund is $0.7961 per unit and the current entry price is $0.7985 per unit (as at 13 Oct 2021).

The minimum initial investment amount for the Omega Global Corporate Bond managed fund is $20,000. Minimum additional investment is $10000.

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.