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  5. Specialist Diversified Fixed Income - Managed fund profile

Specialist Diversified Fixed Income - Managed Fund

Fund Objective
To provide a total return (income and capital growth) after costs and before taxes, above the Fund's performance benchmark, over a rolling 3 year basis.
Fund Strategy
The Specialist Diversified Fixed Income Fund (referred to in this Fund profile as the 'Fund') provides exposure to a diversified portfolio of Australian and international fixed income securities including government securities, government-related securities, corporate securities, asset backed securities, cash, derivatives and foreign currency.

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 -1.95% 0.16% 2.81% 7.57% 3.79% -0.89% -0.38% 1.82%
Growth return -1.95% 0.06% 1.82% -% 3.2% -1.35% -3.88% -1.54%
Income return 0% 0.1% 0.99% -% 0.59% 0.46% 3.5% 3.36%
Market index (MorningstarAus BBG AuBd Cmp/BCGA TR HAUD)
Total return -1.69% 0.07% 3.14% 7.72% 3.51% -1.25% -0.63% 2.07%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Specialist Diversified Fixed Income
Cash
0.13%
Fixed Interest
99.87%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
0.24%
Fixed Interest
98.95%
Australian Equities
0%
International Equities
0.03%
Alternatives
0.79%

General Information

Fund Details
Type Description
Specialist Diversified Fixed Income (Wholesale)
IPAC Asset Management Limited
AMP1992AU
Bonds - Global / Australia
starstarstar (as at 31 Oct 2024)
Investment Fund
1 Jul 2014
$9.9 million (as at 31 Oct 2024)
$0.87173 (as at 21 Nov 2024)
$0.86964 (as at 21 Nov 2024)
Open
Offer information
Type Description
MER 0.65% (as at 15 Mar 2024)
Indirect Cost Ratio (ICR) 0.65% (as at 31 Dec 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Jpmorgan Global Bond Fund Class I Mutual Fund - Unspecified 41.83%
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FAQs about the Specialist Diversified Fixed Income

The objective of the Specialist Diversified Fixed Income managed fund is To provide a total return (income and capital growth) after costs and before taxes, above the Fund's performance benchmark, over a rolling 3 year basis.

The strategy of the Specialist Diversified Fixed Income managed fund is The Specialist Diversified Fixed Income Fund (referred to in this Fund profile as the 'Fund') provides exposure to a diversified portfolio of Australian and international fixed income securities including government securities, government-related securities, corporate securities, asset backed securities, cash, derivatives and foreign currency.

The APIR code of the Specialist Diversified Fixed Income managed fund is AMP1992AU.

Specialist Diversified Fixed Income’s total return last month was -1.95%. This was made up of a growth return of -1.95% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Specialist Diversified Fixed Income’s total return for the last three months was 0.16%. This was made up of a growth return of 0.06% and an income return of 0.1%%. These returns were calculated as at 31 Oct 2024.

Specialist Diversified Fixed Income’s one-year total return is 7.57%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Specialist Diversified Fixed Income’s one-year total return is -0.89%. This was made up of a growth return of -1.35% and an income return of 0.46%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Specialist Diversified Fixed Income managed fund is :

Cash
0.13%
Fixed Interest
99.87%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Specialist Diversified Fixed Income managed fund is IPAC Asset Management Limited.

The Specialist Diversified Fixed Income managed fund belongs to the Bonds - Global / Australia sector/asset class.

As at 31 Oct 2024, the size of the Specialist Diversified Fixed Income managed fund was $9.9 million.

The Specialist Diversified Fixed Income managed fund has an inception date of 1 Jul 2014.

The current entry price of the Specialist Diversified Fixed Income managed fund is $0.87173 per unit and the current exit price is $0.86964 per unit (as at 21 Nov 2024).

The current exit price of the Specialist Diversified Fixed Income managed fund is $0.86964 per unit and the current entry price is $0.87173 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the Specialist Diversified Fixed Income managed fund is $500,000. Minimum additional investment is $5000.

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.