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The Fund focuses on generating a regular income while aiming to preserve capital and liquidity. Antares does this by actively managing a diverse portfolio of primarily high credit quality fixed income securities and cash, while carefully managing exposure to rising interest rates.

The Fund aims to provide regular income and a return (after fees) that exceeds the Bloomberg AusBond Bank Bill Index over rolling three year-periods.

 

APIR Code PPL0028AU
Inception date 4 November 2013
Benchmark Bloomberg AusBond Bank Bill Index
Management fee 0.55% of the Fund's net asset value (inclusive of GST) p.a.
Buy/sell spread Nil
Minimum investment $20,000
Minimum additional investment $1,000
Distribution Quarterly
Availability MLC Wrap, MLC Navigator and Macquarie Wrap.
Indicative asset allocation range

Fixed income securities issued in Australian dollars: 0-100%
Fixed income securities issued in foreign currencies: 0 – 50%
Cash and short-term securities: 20-100%

The Fund may invest in a broad range of securities and derivatives directly or through funds managed by Antares, including:

  • government and government-related bonds
  • corporate bonds
  • mortgage-backed and asset-backed securities
  • hybrid and convertible securities
  • cash and short-term securities, and
  • interest rate and credit derivatives including swaps, options and futures.

    Large foreign currency exposures are hedged into Australian dollars.
Fund suitability

Fund is suitable for investors who:

  • are seeking regular income from your investment
  • want to preserve your capital
  • want to invest in a diversified portfolio of cash and fixed income securities that is managed by a specialist investment manager
  • are seeking active management to generate returns and manage risk, and
  • understand there can be some fluctuations in income and the value of your investment.
Benefits
  • Potential for regular income
  • Access to fixed income investment opportunities and diversification not usually available to individual investors.
  • Access to a Fund that seeks to meet investor’s needs for liquidity in all market conditions.
  • Protection against rising inflation and higher interest rates through a focus on investing in floating rate securities.
  • Potential for better returns than cash
  • Access to Antares' proven investment expertise.
Risks Risks specific to investments in fixed income instruments may include credit (default) risk (i.e. the risk of an issuer defaulting on their payments increases with declining quality of credit markets) and interest rate risk (the value of the Fund's investments may be sensitive to changes to interest rates). Please refer to the fund's offer document for more information.
Performance View prices & perfomance
Research House Ratings Lonsec: Rated

The above is just a snapshot of the Fund's terms and features. Further terms and conditions are set out in the Fund's PDS.

  • The Lonsec Rating (assigned April 2015) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Rating is a ‘class service’ (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to ‘General Advice’ and based solely on consideration of the investment merits of the financial product(s). In New Zealand it must only be provided to ‘wholesale clients’ (as defined in the Financial Advisers Act 2008 (NZ)). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Antares Capital Partners product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.

    For further information regarding Lonsec’s Ratings methodology, please refer to our website at: https://www.lonsec.com.au/aspx/Public/Documents/Ratings%20Definitions.pdf

    The Lonsec rating is only one of many factors that you should take into account when deciding whether to invest in the relevant product(s).

     

    The Zenith Investment Partners (“Zenith”) ABN 60 322 047 314 rating (July 2014) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology and regulatory compliance are available on our Product Assessment’s and the Zenith website.

    The Zenith rating is only one of many factors that you should take into account when deciding whether to invest in the relevant product(s).