Funds and prices
Overview
The actively managed fund invests in AUD denominated bonds predominantly from the investment-grade segment and focuses on paper issued by prime borrowers.
The investment objective is to achieve the most attractive return possible based on the performance of the AUD bond market.
The fund is appropriate for investors seeking to invest in a broadly diversified portfolio of AUD bonds.
Active duration management takes advantage of fluctuating interest rates.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Clients benefit from a diversified AUD bond portfolio offering attractive return potential.
The fund combines active duration and yield-curve management with sector and security selection.
The portfolio is subject to strict risk management processes.
Ideal building block for bond portfolios or as the bond component of a balanced portfolio.
Risks
Features
| Product category |
蜜豆视频 Bond Funds
蜜豆视频 Classic Bond Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (Australia) Ltd., Sydney
|
| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
|
| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
|
| Representative for products established under foreign law |
蜜豆视频 AG, Stockholm
|
| Day of inception |
December 12, 2013
|
| Currency of account |
AUD
|
| Close of financial year |
March 31
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
0.36% p.a.
|
| Total expense ratio (TER) |
0.53% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
-
|
| Reference Index / Benchmark |
Bloomberg AusBond Composite Index
|
| ISIN |
LU0415158053
|
| Bloomberg Ticker |
蜜豆视频LBQA LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024| AUD(%) | EUR(%) | |
| YTD | ||
| 1M | ||
| 3M | ||
| 6M | ||
| 1Y | 1.07 | -1.86 |
| 2Y | ||
| 3Y | -5.02 | -11.14 |
| 5Y | -0.74 | -5.30 |
| ø p.a.5Y | -0.15 | -1.08 |
Current data
| Net asset value | 03.04.2024 | AUD 127.18 |
| High - last 12 months | 28.03.2024 | AUD 128.17 |
| Low - last 12 months | 31.10.2023 | AUD 119.01 |
| Assets of the unit class in mn | 03.04.2024 | AUD 51.71 |
| Total product assets in mn | 03.04.2024 | AUD 257.10 |
| Theoretical yield to maturity (net) | 29.02.2024 | 4.26% |
| Average remaining maturity | 29.02.2024 | 6.77 years |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
|
| Australia Government Bond | 20.18 |
| New South Wales Treasury Corp | 6.86 |
| Treasury Corp of Victoria | 6.28 |
| Suncorp-Metway Ltd | 3.62 |
| Bendigo & Adelaide Bank Ltd | 2.93 |
| Tasmanian Public Finance Corp | 2.69 |
| Australian Capital Territory | 2.66 |
| International Bank for Reconstruction & Development | 2.26 |
| CPPIB Capital Inc | 2.16 |
| ING Bank Australia Ltd | 2.08 |
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Country supplement |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
| Statutes / Management regulations |
|
|
| ESG Disclosure |
|
|
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
