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Specialist Diversified Fixed Interest Fund (IOOF)

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101552-2023-11-30-02:52.pdf
FUND MANAGER IOOF Investment Services
ASX Code
APIR MMC0102AU
ASSET CLASS FIXED INTEREST
INVESTMENT STYLE The Fund provides exposure to a diversified portfolio of fixed income investments.
INVESTMENT PROFILE The Fund aims to produce total investment returns after fees which aim to outperform the Benchmark over a rolling three-year period.
CURRENCY MANAGEMENT Active management
INCEPTION DATE 30-09-2001
BENCHMARK 50% Bloomberg AusBond Composite 0+Yr Index / 50% Bloomberg Barclays Global Aggregate Total Return Index Value Hedged AUD
FUND SIZE 50% Bloomberg AusBond Composite 0+Yr Index / 50% Bloomberg Barclays Global Aggregate Total Return Index Value Hedged AUD
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS
FEES 0.50% p.a. of the net assets of the Fund
STRUCTURE

Benefits

Benefits

Benefits of investing in the IOOF Specialist Funds

Investing in the Fund offers you a range of benefits, including:

  • access to a professionally managed investment portfolio
  • exposure to assets and strategies that would ordinarily be difficult for an individual to invest into
  • access to regular information on your investment from the website www.ioof.com.au and regular investment statements and an Attribution MIT Member Annual (AMMA) statement after 30 June each year.

Risk level

Medium

Investor suitability

The Fund is intended to be suitable for investors seeking a diversified portfolio of Australian and international fixed interest and money market securities.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

The Fund invests in a diversified portfolio of Australian and international fixed interest and money market securities. The Fund has a goal of providing a stable level of income.

Investment philosophy

The Fund seeks to outperform the market index by selecting specialist investment managers to actively manage portfolios of global and domestic fixed interest and credit securities. A diverse range of investment strategies and skills are employed to generate outperformance.

About IOOF Investment Services

IOOF Investment Services Ltd (IISL) is the Responsible Entity (RE) and investment manager of the Fund and is responsible for the management and administration of the Fund. IISL is also referred to as RE', we', us' and our' throughout this document.

IISL is part of the IOOF group. As one of the largest financial services groups in Australia, with over 170 years' experience in helping Australians secure their financial independence, the IOOF group provides services to more than 500,000 clients and has more than $142.7 billion in funds under management, advice and administration (as at 30 September 2019). The IOOF group consists of IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate, and is currently listed in the top 200 on the Australian Securities Exchange (ASX: IFL).

IISL is dedicated to managing the investment assets of the Fund. The responsibilities include establishing, implementing and monitoring the Fund's investment objectives and strategies.

From time to time IISL may appoint underlying investment managers to manage all or a portion of the Fund's assets. IISL has the discretion to change the underlying investment managers or add or remove underlying investment managers at any time. For details of the current underlying investment managers, please refer to the fund profile available at www.ioof.com.au

Mandate

How we invest your money

The Fund invests in a diversified portfolio of cash, liquid securities, fixed interest securities and investments including global investment products.

The Fund will generally hedge foreign currency exposure to the Australian dollar but it may choose not to hedge some or all of its exposure. Underlying Fund(s) that the Fund invests in may hedge some or all foreign currency exposure to the Australian dollar.