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OnePath OA IP-OnePath Protected AUS 50 Trust-EF Sel

About this Fund

Fund Detail

PDS
FUND MANAGER OnePath
ASX Code
APIR MMF1273AU
ASSET CLASS AUSTRALIAN EQUITIES
INVESTMENT STYLE The Fund invests in the OnePath Wholesale Protected AUS50 Trust (PAUS 50), which uses a systematic process to manage its exposure to Australian shares and cash in order to provide protection in volatile &/or falling markets.
INVESTMENT PROFILE Provide exposure to Aust. Shares & cash via a portfolio that is managed with the dual objective of providing long-term capital growth, whilst also limiting losses in volatile &/or falling markets.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 17-08-2017
BENCHMARK S&P/ASX 50 Accumulation Index
FUND SIZE S&P/ASX 50 Accumulation Index
DISTRIBUTION FREQUENCY Monthly
NO. OF HOLDINGS
FEES 2.60% p.a.
STRUCTURE

Benefits

Benefits

Risk (SRM)
7 High to Very High

Investor Suitability

The fund is suitable for investors seeking higher long-term returns through investing in a broad exposure to the Australian equity market while wishing to diminish volatility.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

The OnePath Protected AUS 50 Fund invests in an underlying fund, the OnePath Wholesale Protected AUS 50 Fund (PAUS 50). The PAUS 50 aims to provide investors with exposure to Australian shares and cash via a portfolio that is managed with the dual objective of providing long-term capital growth, whilst also limiting losses in volatile and/or falling markets.

The exposure to Australian shares and cash is systematically managed, according to prevailing market conditions. The allocation between Australian shares and cash is determined by price fluctuations of the S&P/ASX 50 Accumulation Index as well as the realised volatility of this index.

The capital protection is provided by Barclays Bank PLC (Barclays) and is based on the Protected Price' of the PAUS 50. OnePath Funds Management has entered into agreements with Barclays to ensure that the unit price for the PAUS 50 does not fall by more than 20% from its highest-ever unit price, adjusted for distributions.

In general:

  • when markets are rising and volatility is low - the Trust's exposure to Australian shares will increase
  • when markets are falling and volatility is high - the Trust will increase its exposure to cash until markets improve and/or stabilise.
  • this process allows investors to capture some of the upside from rising markets while limiting losses in falling and/or volatile markets.

Mandate

Asset Allocation

The PAUS 50's assets are systematically allocated daily between Australian shares and cash in order to limit losses in volatile and/or falling markets. Accordingly, there is no benchmark asset allocation.

The allocation between Australian shares and cash can vary substantially over time, in accordance with market conditions.

Derivatives

Derivatives are used to provide the PAUS 50 with exposure to the S&P/ASX 50 Accumulation Index, without having to buy or sell shares of every company in that index.

The Australian share exposure may consist of a type of derivative known as SFE SPI 200 Futures. All derivatives must be fully collateralised and the PAUS 50 must not be leveraged at any time.