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| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
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| Latest 24 Months | |
| Annualised Since Inception | |
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| FUM (millions) | |
| Fund Overview | The fund may also invest in interest rate swaps, options over authorized investments and exchange traded futures contracts. All these will be either listed or traded in a market where they can be independently valued. Fundamental to the investment procedure is the tenet that no debt security will qualify for investment unless it can repay 100% of its principal and interest in a worst case economic scenario. |
| Manager Comments | In the current environment debt security income levels have been squeezed across the globe and the global investment community progressively chases yield, thus compressing returns to the historically low levels we see today. However, the Fund Manager has adopted the approach to benefit from the increasing levels of market volatility in a rising interest rates environment to deliver stable returns over the latest 12 months of 5.83%. More than half of the portfolio's composition (as a percentage of NAV) was invested in Residential Mortgage-Backed Securities (RMBS) 62.89%. The rest of the portfolio composition was in USD Corporate Loans at 22.30%, Cash at 10.64% and AUD Corporate Loans at 4.17%. Click below to view the latest Fund Manager Report. |
| More Information |
