Australian Corporate Bond Fund

Fund aim

The Fund invests predominantly in corporate bonds, higher-yielding fixed interest securities, structured deals (e.g leveraged leases), preference shares, asset backed securities and infrastructure debt within the Australian bond market.

Investment objective

Our aim is to provide returns above traditional Australian fixed interest (via both income and some capital gains) over the medium-term, while accepting medium levels of volatility in returns. The investment objective is to provide investors with a total annual return (after costs and before tax) higher than the UBS Composite Bond Index on a rolling 12 months basis.

Benchmark

UBS Composite Bond Index

Inception date

19 November 1997

Recommended investment timeframe

Minimum 5 years

Risk Rating

Medium

Distributions

Quarterly and can be paid in cash or re-invested in the fund

Minimum investment

A$10 million

Buy/sell spread

Nil

Management expense ratio (MER)

0.358%