The Altius Bond Fund aims to optimise returns in all economic cycles—delivering investors solid income generation coupled with low capital volatility.
The Fund is differentiated by:
Australian Unity Funds Management Limited is the Responsible Entity for the Fund.
|Minimum initial investment||$5,000|
|Management fees||0.46% p.a.*|
|Estimated recoverable expenses||0.12% of the gross asset value of the Fund for the financial year ending 30 June 2017|
* Effective 30 September 2017, the management fee reduces from 0.55% to 0.46% of the gross asset value of the Fund. Refer to the PDS and Additional Information Document for more information about fees and costs for this Fund.
|Total Return1||Benchmark*||Active return|
|1 mth %||0.09||-0.09||0.18|
|3 mth %||0.52||0.15||0.37|
|6 mth %||1.20||0.85||0.35|
|1 yr % pa||0.97||0.38||0.59|
|3 yrs % pa||2.98||2.89||0.09|
|Since Inception ‡ % pa||4.66||4.00||0.66|
As at 30 September 2017
*Effective 1 July 2016, Benchmark is 50% Reserve Bank of Australia Cash Rate and 50% Bloomberg AusBond Composite 0+Yr Index and applied retrospectively for all periods.
1Total Return is calculated after fees and expenses and assumes the reinvestment of distributions. Past performance is not a reliable indicator of future performance.
‡ Inception date for performance calculation is 14 June 2011.
Altius employs an active and diversified strategy that aims to capture the upside of the bond market, while avoiding returns less than cash in a rising rate or deteriorating credit environment.
Crucial in today’s environment, the Fund has a flexible mandate that enables it to shift duration and sector exposures. The team invests with high conviction and is willing to take significant positions away from the benchmark.
Risk management is embedded in strategy formulation and is a central driver of our investment process.
Altius was formed after the global financial crisis. A team of seasoned bond portfolio managers used their learning from those difficult years to hone an investment approach that’s designed to optimise returns for investors, while seeking to preserve capital in all market conditions.
Altius meets the requirements of a defensive asset class while offering more flexibility than most traditionally managed fixed income portfolios.
Fixed income investments are an important part of any balanced portfolio, and are here to stay. It’s all about picking the right manager—one that, when it comes to managing defensive assets, is focused as much on capital preservation as it is on growing wealth.
If you would like to invest in this Fund, please contact your Financial Adviser.
Alternatively you can invest in the Fund directly. Please ensure that you have read and understood the Product Disclosure Statement and Additional Information Document prior to completing the Application Form.
For more information, speak to your financial adviser or contact us