To actively manage a portfolio of Australian money market and fixed interest securities (in a risk controlled manner) to generate a return over a full market cycle which exceeds that delivered by the Australian bank bill rate.
To actively manage a portfolio of Australian money market and fixed interest securities (in a risk controlled manner) to generate a return over a full market cycle which exceeds that delivered by the Australian bank bill rate.
Inception date | January 2007 |
Benchmark | Bloomberg AusBond Bank Bill Index |
Management fee | Management Costs are variable and are estimated to be 0.225% p.a. of the Trust's daily value. See IM for further details. |
Performance fee | Nil |
Buy/Sell spread | +0.01% / -0.01% |
Minimum investment | $5M |
Investment approach |
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Risks | Risks specific to investments in fixed income instruments may include credit and default risk (ie the risk that the issuer of security owned by the relevant fund may not meet their obligations to make interest payments, the repayment of capital or both), interest rate risk (the value of the relevant Fund’s investments may be sensitive to changes to interest rates), inflation risk (the risk of inflation being higher than anticipated), and liquidity risk (the risk of not being able to find a buyer in a timely manner). |
Portfolio Manager |
Portfolio Manager |