FirstChoice WS Pens - Western Asset WS Australian Bond
About this Fund
|FUND MANAGER||Franklin Templeton / Western Asset|
|ASSET CLASS||FIXED INTEREST|
The option provides exposure to an actively managed portfolio of Australian bonds.
The option aims to earn an after fee and before taxes return in excess of the Benchmark over rolling three-year periods.
|BENCHMARK||Bloomberg AusBond Composite 0+yr Index|
|FUND SIZE||Bloomberg AusBond Composite 0+yr Index|
|DISTRIBUTION FREQUENCY||Half yearly|
|NO. OF HOLDINGS|
Benefits of investing in FirstChoice Wholesale
FirstChoice Wholesale is designed to help you achieve your investment goals and provides access to a wide range of managed funds from some of the world's most respected investment managers. FirstChoice Wholesale provides you with exceptional value, service and choice.
FirstChoice Wholesale is a leader in providing value for money. We provide what you want - a great platform at a competitive price.
Our brand is synonymous with service excellence. You will receive fast and personal service.
Over 130 investment options and over 70 investment managers give you real choice and diversity, across specialist boutiques and leading brands.
With FirstChoice Wholesale, you can access a vast range of investment opportunities from well-respected Australian and international investment managers, including specialist boutique investment managers, across different asset classes such as shares, fixed interest, property and cash, all in the one place.
More than 130 ways to achieve your specific investment goals
FirstChoice Wholesale has more than 130 investment options across different asset classes and investment managers so that you can tailor an investment portfolio to meet your needs.
You can choose from:
Pre-retirement pension members have access to a limited investment menu of 65 investment options.
You can choose one option or a combination of different options. You can transfer your money into other options at any time.
When you are invested in FirstChoice Wholesale, your money is combined with other investors' money in FirstChoice Wholesale. Each FirstChoice Wholesale option is a separate option within this superannuation fund.
Each option invests in an underlying pool' which is managed according to the option's objectives.
Each option has a different level of risk and potential level of returns.
Personal customer service every time
We understand that our success depends on our ability to provide you with great service - every time. We have some of the most dedicated and highly trained people in the market, and we constantly aim for exceptional service.
No waiting for reports and statements
Instead of you waiting weeks for annual reports and tax statements, FirstChoice Wholesale provides you with consolidated reporting at least twice a year, which will give you a complete picture of all your investments and a summary of all your transactions.
FirstNet makes it easy
You can also access up-to-date information on your investments at any time via our secure internet site, FirstNet. FirstNet e-Post is the fast and secure way to submit original forms and requests via FirstNet, our secure online service. You no longer need to post the originals, saving you time and effort. You will receive an instant email confirmation when you submit your request and a reference number. You must only submit original forms.
Receive informative material
As an investor in FirstChoice Wholesale, you can look forward to receiving:
Stable income - Income returns are stable and paid at regular intervals, normally monthly or quarterly.
Good defence - In times of volatility and irrational markets, having a defensive allocation to cash and fixed interest investments can help protect against capital losses.
Diversification - Adding a cash and fixed interest fund into your portfolio can help protect against market volatility and share market instability.
Risk management - A core focus and is supported by credit research, diversification of holdings and investment guidelines.
Investment Category - Australian Fixed Intrests
Mimimum suggested Timeframe - at least 3 years.
How your FirstChoice pension account works
When you commence your pension, you are issued units in the investment option(s) you select. The value of units fluctuates as a result of changes in the value of the underlying assets or as a result of costs reflected in the unit price (except for the FirstRate Wholesale options, which are deposits with the Bank and the value changes as a result of the payment of interest). This means that your account balance can fluctuate on a daily basis depending on the value of the units which you hold in your account.
The unit price you receive is the unit price which applies on the day we receive a completed request, provided the request is received before 3pm, Sydney time, on any NSW business day.
How we invest your money
The option provides exposure to an actively managed portfolio of Australian bonds. The investment approach aims to capture returns from a variety of actively managed sources, including interest rate management (duration), yield curve positioning, sector and security selection. Risk management is a core focus and is supported by credit research, diversification of holdings and investment guidelines.
The option is designed to be an active core fixed income allocation with a mandate to provide both defensive exposure and disciplined alpha generation. The option invests in government and semi-government bonds, corporate bonds and asset backed securities. Western Asset employs a value investing framework built on disciplined and rigorous analysis of prices relative to fundamental fair value.