OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF - Managed Fund

Fund Objective

The Fund aims to generate monthly income in excess of that available from short-term money market securities and cash rates. The Fund aims to achieve a total return of 1.70% p.a. in excess of the Bloomberg AusBond Bank Bill IndexSM before fees over the medium term (3 years).

Fund Strategy

To achieve its objective, the Fund invests in longer dated floating rate instruments and fixed rate instruments swapped back to floating rate exposures and international debt securities (hedged in Australian Dollars) swapped back to domestic floating rate exposures.

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.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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	0.55%	1.69%	3.97%	6.6%	5.56%	3.01%	1.76%	1.84%
Growth return	0.55%	1.69%	3.97%	6.6%	5.56%	3.01%	1.76%	1.84%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
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 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF

Cash: 3.16%

Fixed Interest: 96.84%

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	OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF
Responsible Entity	OnePath Custodians Pty Limited
APIR Code	MMF0938AU
Sector/Asset Class	Unconstrained Fixed Income
Morningstar Rating	(as at 31 May 2024)
Legal Structure	Allocated Pension
Fund Inception	19 Sep 2005
Fund Size	$0.72 million (as at 31 Oct 2024)
Entry Price	$1.47406 (as at 19 Nov 2024)
Exit Price	$1.47303 (as at 19 Nov 2024)
Fund Status	Open

Offer information

Type	Description
Standard entry fee	4%
MER	1.05% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated	1.14% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR)	0
Minimum initial investment	$1,000.00
Minimum additional investments	$100.00
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024)	Type	% of Portfolio
AGI Finance Pty Limited	Bond - Corporate Bond	3.40%
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FAQs about the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF

What is the objective of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The objective of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund is The Fund aims to generate monthly income in excess of that available from short-term money market securities and cash rates. The Fund aims to achieve a total return of 1.70% p.a. in excess of the Bloomberg AusBond Bank Bill IndexSM before fees over the medium term (3 years).

What is the strategy for the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The strategy of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund is To achieve its objective, the Fund invests in longer dated floating rate instruments and fixed rate instruments swapped back to floating rate exposures and international debt securities (hedged in Australian Dollars) swapped back to domestic floating rate exposures.

What is the APIR code of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The APIR code of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund is MMF0938AU.

What was OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF’s total return last month?

OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF’s total return last month was 0.55%. This was made up of a growth return of 0.55% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF’s total return for the last three months?

OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF’s total return for the last three months was 1.69%. This was made up of a growth return of 1.69% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

What is OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF’s one-year total return?

OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF’s one-year total return is 6.6%. This was made up of a growth return of 6.6% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What is OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF’s three-year total return?

OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF’s one-year total return is 3.01%. This was made up of a growth return of 3.01% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The asset allocation of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund is :

Cash: 3.16%

Fixed Interest: 96.84%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Who is the responsible Entity of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The Responsible Entity for the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund is OnePath Custodians Pty Limited.

What sector/asset class does the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund belong to?

The OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund belongs to the Unconstrained Fixed Income sector/asset class.

What is the size of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

As at 31 Oct 2024, the size of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund was $0.72 million.

What is the inception date of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund has an inception date of 19 Sep 2005.

What is the current entry price of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The current entry price of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund is $1.47406 per unit and the current exit price is $1.47303 per unit (as at 19 Nov 2024).

What is the current exit price of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The current exit price of the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund is $1.47303 per unit and the current entry price is $1.47406 per unit (as at 19 Nov 2024).

What is the minimum investment amount for the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund?

The minimum initial investment amount for the OnePath OneAnswer - Term Allocated Pension - Kapstream Absolute Return Income EF managed fund is $1,000. Minimum additional investment is $100.

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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