Macquarie Corporate Bond Fund – Class A Units
About this Fund
|FUND MANAGER||Macquarie Group|
|ASSET CLASS||FIXED INTEREST|
The Fund provides exposure to a well-diversified range of investment-grade corporate bonds (primarily Australian-dollar issued bank, corporate and asset-backed securities).
The Fund aims to outperform the Bloomberg AusBond Bank Bill Index, after costs but before tax, over arolling three-year basis. It aims to provide regular monthly income with some potential for growth whileaiming to preserve capital value.
|CURRENCY MANAGEMENT||Active management|
|BENCHMARK||Bloomberg AusBond Bank Bill Index|
|FUND SIZE||Bloomberg AusBond Bank Bill Index|
|NO. OF HOLDINGS||100+|
Benefits of investing in the Macquarie Corporate Bond Fund - Class A Units
The Fund aims to provide:
The Fund may be suitable for investors who are looking for an investment that provide regular monthly income with some potential for growth and are prepared to accept the risks to the Fund.
How we invest your money
The Fund may invest up to 100% in investment grade rated corporate bonds, and may hold up to 10% in non investment grade rated securities and up to 15% in unrated corporate bonds.
The Fund may also invest in:
Investments in securities (excluding units in funds) offered by us or our associates will not exceed 10% of the Fund's net asset value.
Types of securities
Corporate bonds Debt obligations backed by the payment ability and/or assets of the issuing company.
Preference shares Shares that have a higher claim on the assets and earnings of a company than other shares in the same company.
Convertible bonds Bonds that can be converted into a predetermined amount of the company's shares at certain times.
Asset backed securities Securities backed by loans, leases or receivables against assets as well as real estate and mortgage backed securities.
Derivatives Financial instruments (such as options, futures, swaps or credit derivatives) that derive their value from an underlying asset.
Hybrid securities Securities that combine two or more different financial instruments, for example convertible bonds, which have the features of ordinary bonds, but are influenced by the price movements of the equity into which they can be converted.