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Suncorp WSmart Bus - Colonial Global Credit Income - Managed Fund (Closed)

Fund Objective
To provide income-based returns and to outperform the UBS Bank Bill Index over rolling three-year periods by investing in a diversified portfolio of higher yielding Australian and international fixed interest investments.
Fund Strategy
The fund invests in a portfolio of predominantly global corporate debt investments. The fund's strategy is to earn an income return from its investments, controlling risk through careful selection and monitoring, combined with broad diversification. The increased credit risk of corporate debt means that these investments have the potential to deliver higher returns over the medium term compared to cash. The option uses derivatives to manage interest rate sensitivity and credit risk, and to hedge 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 0.01% 0.75% 2.58% 4.58% 2.71% 3.34% -% -%
Growth return 0.01% 0.75% 2.58% 4.58% 2.71% 3.34% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
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 Nov 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Suncorp WSmart Bus - Colonial Global Credit Income
Cash
14.03%
Fixed Interest
85.97%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.51%
Fixed Interest
90.09%
Australian Equities
0.68%
International Equities
0.56%
Property
0%
Alternatives
2.16%

General Information

Fund Details
Type Description
Suncorp WSmart Bus - Colonial Global Credit Income
Closed
Suncorp Portfolio Services Limited
RSA0668AU
Diversified Credit
starstarstarstar (as at 31 Dec 2016)
Superannuation Fund
7 May 2012
$4.52 million (as at 30 Nov 2016)
$1.9314 (as at 18 Jan 2017)
$1.9218 (as at 18 Jan 2017)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 0.62% (as at 30 Jun 2013)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2023)

Holding (as at 28 Feb 2023) Type % of Portfolio
Cfs Wholesale Global Corp Debt Other Assets And Liabilities 99.67%
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FAQs about the Suncorp WSmart Bus - Colonial Global Credit Income

The objective of the Suncorp WSmart Bus - Colonial Global Credit Income managed fund is To provide income-based returns and to outperform the UBS Bank Bill Index over rolling three-year periods by investing in a diversified portfolio of higher yielding Australian and international fixed interest investments.

The strategy of the Suncorp WSmart Bus - Colonial Global Credit Income managed fund is The fund invests in a portfolio of predominantly global corporate debt investments. The fund's strategy is to earn an income return from its investments, controlling risk through careful selection and monitoring, combined with broad diversification. The increased credit risk of corporate debt means that these investments have the potential to deliver higher returns over the medium term compared to cash. The option uses derivatives to manage interest rate sensitivity and credit risk, and to hedge currency risk.

The APIR code of the Suncorp WSmart Bus - Colonial Global Credit Income managed fund is RSA0668AU.

Suncorp WSmart Bus - Colonial Global Credit Income’s total return last month was 0.01%. This was made up of a growth return of 0.01% and an income return of 0%. These returns were calculated as at 30 Nov 2016.

Suncorp WSmart Bus - Colonial Global Credit Income’s total return for the last three months was 0.75%. This was made up of a growth return of 0.75% and an income return of 0%%. These returns were calculated as at 30 Nov 2016.

Suncorp WSmart Bus - Colonial Global Credit Income’s one-year total return is 4.58%. This was made up of a growth return of 4.58% and an income return of 0%. These returns were calculated as at 30 Nov 2016.

Suncorp WSmart Bus - Colonial Global Credit Income’s one-year total return is 3.34%. This was made up of a growth return of 3.34% and an income return of 0%. These returns were calculated as at 30 Nov 2016.

The asset allocation of the Suncorp WSmart Bus - Colonial Global Credit Income managed fund is :

Cash
14.03%
Fixed Interest
85.97%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Suncorp WSmart Bus - Colonial Global Credit Income managed fund is Suncorp Portfolio Services Limited.

The Suncorp WSmart Bus - Colonial Global Credit Income managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Nov 2016, the size of the Suncorp WSmart Bus - Colonial Global Credit Income managed fund was $4.52 million.

The Suncorp WSmart Bus - Colonial Global Credit Income managed fund has an inception date of 7 May 2012.

The current entry price of the Suncorp WSmart Bus - Colonial Global Credit Income managed fund is $1.9314 per unit and the current exit price is $1.9218 per unit (as at 18 Jan 2017).

The current exit price of the Suncorp WSmart Bus - Colonial Global Credit Income managed fund is $1.9218 per unit and the current entry price is $1.9314 per unit (as at 18 Jan 2017).

The minimum initial investment amount for the Suncorp WSmart Bus - Colonial Global Credit Income managed fund is $0. 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.