CFML Fixed Interest Fund
About this Fund
Fund Detail
| PDS | https://informedinvestor.com.au/view/pds/101725-2024-02-02-02:20.pdf |
| FUND MANAGER | CFML |
| ASX Code | |
| APIR | NRM0030AU |
| ASSET CLASS | FIXED INTEREST |
| INVESTMENT STYLE | The Fund provides investors with a diversified exposure to bonds issued by both domestic and international governments and corporates. |
| INVESTMENT PROFILE | The Fund seeks to provide a total return (before the deduction of fees, charges and tax) that exceeds the return from its composite benchmark over a period of 3 or more years. |
| CURRENCY MANAGEMENT | Active management |
| INCEPTION DATE | 05-12-2011 |
| BENCHMARK | 40% Bloomberg AusBond Composite Bond Index, 60% Bloomberg AusBond Bank Index |
| FUND SIZE | 40% Bloomberg AusBond Composite Bond Index, 60% Bloomberg AusBond Bank Index |
| DISTRIBUTION FREQUENCY | Half-yearly |
| NO. OF HOLDINGS | |
| FEES | 0.71% p.a. of the NAV of the Fund |
| STRUCTURE |
Benefits
| Benefits | Benefits of investing in the CFML Fixed Interest FundInvesting in the Fund offers investors a range of benefits. Investing in the Fund means that your money is pooled together with that of other investors, allowing you to hold a diversified portfolio of assets which is not often available to you as an individual investor with small amounts to invest. Investment via the Fund gives you access to a well resourced and experienced team of the underlying investment manager that is focused on selecting assets on your behalf in order to deliver attractive long term returns. Further, the Fund provides a well-diversified bond exposure which may include both Australian and international government and corporate bonds. The composition of the Fund's portfolio in respect to these different sub sectors of the asset class may change significantly over time. Both the interest rate and credit duration of the Fund's portfolio is likely to vary significantly over time. Bonds are an income oriented asset class. Over the longer term most of the return of the Fund should come from regular bond coupon payments. However capital gains and losses are possible. The Fund is liquid and assets can generally be readily redeemed. The Fund will generally hedge foreign currency exposures; the exact amount will vary with the Fund's targeted hedging ratio (0-100%). |
| RISK LEVEL | Low to Medium |
| INVESTOR SUITABILITY | Investor suitabilityThis Fund is suitable for investors seeking income, who have medium term investment goals and a moderate tolerance for volatility. |
Risks
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| Detail |
Key Features
About the FundThe CFML Fixed Interest Fund provides investors with a diversified exposure to bonds issued by both domestic and international governments and corporates. The composition of this mix will vary over time depending on the relative investment merits of the various sectors of the bond market. To gain this exposure the Fund may invest both directly or indirectly in a range of investments (including by investing in underlying funds managed by investment managers selected by us which invest primarily in this asset class). Any reference in the PDS to the Fund investing in domestic and international government and corporate bonds includes a reference to the Fund investing directly or indirectly in this asset class.
Significant features
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Mandate
How we invest your moneyThe Fund provides a diversified exposure to fixed interest and credit investments in Australia and internationally through a carefully selected portfolio of investments. The currency hedge ratio (where applicable) may be varied over time. Asset classes and asset allocation ranges
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