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  5. Pendal Credit Income Fund - Managed fund profile

Pendal Credit Income Fund - Managed Fund

Fund Objective
The Fund aims to provide a return (before fees and expenses) that exceeds the Bloomberg Australia Bank Bill Index over a rolling 3 year period. The suggested investment timeframe is two years or more.
Fund Strategy
The Fund is actively managed and aims to take advantage of investment opportunities within the Australian and international debt markets. The Fund aims to maintain a stable return profile through limited exposure to interest rate movements and prudent credit management.

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 0.4% 1.7% 4.16% 11.01% 6.8% 3.18% 2.41% 4.06%
Growth return 0.02% -0.33% 0.34% 3.52% 1.63% -1.09% -1.46% 0.02%
Income return 0.38% 2.03% 3.82% 7.49% 5.17% 4.27% 3.87% 4.04%
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

Pendal Credit Income Fund
Cash
3.21%
Fixed Interest
96.79%
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
Pendal Credit Income Fund (Wholesale)
RFA0065AU
Unconstrained Fixed Income
starstarstarstar (as at 31 Oct 2024)
Investment Fund
7 May 2007
$0 million (as at 31 Oct 2024)
$0.9589 (as at 20 Nov 2024)
$0.9571 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0% (as at 11 Dec 2014)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2018)
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
Aust 10y Bond Fut Dec24 Bond - Treasury Future 13.92%
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FAQs about the Pendal Credit Income Fund

The objective of the Pendal Credit Income Fund managed fund is The Fund aims to provide a return (before fees and expenses) that exceeds the Bloomberg Australia Bank Bill Index over a rolling 3 year period. The suggested investment timeframe is two years or more.

The strategy of the Pendal Credit Income Fund managed fund is The Fund is actively managed and aims to take advantage of investment opportunities within the Australian and international debt markets. The Fund aims to maintain a stable return profile through limited exposure to interest rate movements and prudent credit management.

The APIR code of the Pendal Credit Income Fund managed fund is RFA0065AU.

Pendal Credit Income Fund’s total return last month was 0.4%. This was made up of a growth return of 0.02% and an income return of 0.38%. These returns were calculated as at 31 Oct 2024.

Pendal Credit Income Fund’s total return for the last three months was 1.7%. This was made up of a growth return of -0.33% and an income return of 2.03%%. These returns were calculated as at 31 Oct 2024.

Pendal Credit Income Fund’s one-year total return is 11.01%. This was made up of a growth return of 3.52% and an income return of 7.49%. These returns were calculated as at 31 Oct 2024.

Pendal Credit Income Fund’s one-year total return is 3.18%. This was made up of a growth return of -1.09% and an income return of 4.27%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Pendal Credit Income Fund managed fund is :

Cash
3.21%
Fixed Interest
96.79%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Pendal Credit Income Fund managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 Oct 2024, the size of the Pendal Credit Income Fund managed fund was $0 million.

The Pendal Credit Income Fund managed fund has an inception date of 7 May 2007.

The current entry price of the Pendal Credit Income Fund managed fund is $0.9589 per unit and the current exit price is $0.9571 per unit (as at 20 Nov 2024).

The current exit price of the Pendal Credit Income Fund managed fund is $0.9571 per unit and the current entry price is $0.9589 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Pendal Credit Income Fund managed fund is $500,000. 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.