Pendal Wholesale Plus Fixed Interest Fund
About this Fund
|FUND MANAGER||Pendal Institutional|
|ASSET CLASS||FIXED INTEREST|
|INVESTMENT STYLE||The Fund invests into the Underlying Fund, which is an actively managed portfolio of primarily Australian fixed interest securities.|
|INVESTMENT PROFILE||The Fund aims to provide a return (before fees, costs and taxes) that exceeds the Benchmark over the medium term.|
|BENCHMARK||Bloomberg AusBond Composite 0+ Yr Index|
|FUND SIZE||Bloomberg AusBond Composite 0+ Yr Index|
|NO. OF HOLDINGS|
Benefits of investing in the Pendal Wholesale Plus Fixed Interest Fund
An investment in the Fund provides the following benefits:
Low to Medium
About the Fund
The Fund will invest into the Pendal Fixed Interest Fund APIR RFA0813AU (Underlying Fund), which is designed for investors who want income, diversification across a broad range of cash and fixed interest securities and are prepared to accept some variability of returns.
How we invest your money
The Fund invests in the Underlying Fund.
The Underlying Fund aims to take advantage of investment opportunities primarily within the Australian fixed interest market by investing in a combination of Commonwealth government, semi-government and corporate debt and short-term money market securities. The Underlying Fund may also invest tactically in international fixed interest markets.
The Underlying Fund can use derivatives to achieve its investment objective and to gain exposure to assets and markets. Derivatives may also be used to reduce risk and can act as a hedge against adverse movements in a particular market and/or in the underlying assets.
The Manager's investment process for fixed interest aims to add value through multiple strategies and investment research. The Manager seeks to generate excess returns through strategies including active security and sector selection, duration, yield curve and credit management. Their investment approach for credit management seeks to identify opportunities on a sector, issuer and security basis by incorporating top-down and bottom-up research. Top-down research includes analysis of economic and market data, along with macro credit fundamentals such as company earnings, balance sheet health, default rates and equity volatility. The bottom-up research includes analysis of earnings and cashflow volatility, balance sheet, business diversity, industry and valuation.
The asset allocation of the Underlying Fund is: