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25 Jun 2014 - Supervised High Yield Fund

By: Australian Fund Monitors
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Report Date24 June 2014
ManagerSupervised Investments Australia Ltd
Fund NameSupervised High Yield Fund
StrategyFixed Income
Latest Return DateMay 2014
Latest Return0.61%
Latest 6 Months3.16%
Latest 12 Months7.75%
Latest 24 Months20.17%
Annualised Since Inception11.01%
Inception Date01 April 2009
FUM (millions)AU$23
Fund OverviewThe investment objective of the fund is to outperform a benchmark of 1.5% above the RBA cash rate, whilst trying to minimise the risk of permanent loss of capital.

The fund will invest in all forms of marketable floating and fixed income debt securities, such as asset backed debt securities, residential mortgage backed securities, corporate debt, regional and sovereign debt securities, debt/equity hybrid securities, equities and currencies. All these investments will be either listed or traded in a market where prices can be independently verified.

The fund may also invest in interest rate swaps, options over authorised investments and exchange traded futures contracts. All these will be either listed or traded in a market where they can be independently valued.
Manager CommentsSupervised High Yield Fund returned 0.61% during May bringing annual performance to a solid 7.75% with a volatility of 0.73% and the Sharpe ratio was 6.88.

Since inception annualised return is 11.01% with a volatility is 2.20%. The Sharpe ratio 3.18 and the Fund has 98% positive months.
More Information» View detailed profile of this fund

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