OptiMix Australian Fixed Interest

 

Features

Information

APIR codeMMF1657AU
Minimum suggested Investment time frame3+ years
Growth/defensiveDefensive 100%
FE fundinfo sectorFixed Int - Australian Dollar
Income distribution frequencyRetained
Total fees and costs as at 9 February 20220.77% pa
Fund size$4.74m
Inception date15 November 2010
Establishment Fee (pa)8.00%

Investment minimums

Please refer to PDS 

Pricing

Price date31/03/2022
Entry$1.5042
Exit$1.5054

Standard risk measure

1 2 3 4 5 6 7
Standard Risk Measure

A Standard Risk Measure score of 5 equates to a Risk Label of 'Medium to High' and an estimated number of negative annual returns over any 20 year period of 3 to less than 4. This is a measure of expected frequency (not magnitude) of capital losses, calculated in accordance with ASFA/FSC guidelines.

Investment objective

This fund aims to achieve returns (before fees, charges and taxes) that exceed the Bloomberg AusBond Composite (All Maturities) Index, over periods of three years or more.

Investment strategy

The fund invests predominantly in a diversified portfolio of Australian fixed interest securities through a mix of managers. The fund is actively managed in accordance with the OptiMix Multi-manager investment process.

Investor profile

The Fund is intended to be suitable for investors seeking a diversified portfolio of Australian fixed interest.

Research house ratings

Rating

LonsecInvestment Grade

Meet the manager(s)

NameIOOF Investment Team
BiographyOur impressive investment capabilities are driven by our investment team and structure. Each asset class has a dedicated portfolio manager who enjoys strong support from a host of support staff including analysts and investment specialists. Furthermore, the team benefits from the strong support of our additional research capabilities, namely through our asset consultant.
PhotoIOOF Investment Team

Cumulative performance

ResetPerformance line chart
Powered by data from FE fundinfo
3 months6 monthsYear to date1 year3 years pa5 years pa
Fund-6.64%-8.07%-6.64%-6.13%-0.64%1.41%
FE Sector-3.46%-4.10%-3.46%-3.24%0.07%1.16%

Calendar Performance

Performance Bar chart
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31/12/202131/12/202031/12/201931/12/201831/12/2017
Fund-3.07%4.79%6.90%3.70%3.26%
FE Sector-1.57%3.06%4.58%1.82%2.44%

Performance is net of management costs and expenses. Performance is based on exit price to exit price for the period and assumes that all distributions are reinvested. Management costs and other expenses are accounted for in the exit price. Past performance is not a reliable indicator of future performance.


The performance data has been sourced by FE fundinfo.


Asset allocation as at 31/03/2022

Breakdown pie chart
Australian fixed interest100.00%

Actual versus target asset allocation as at 31/03/2022

Manager diversification within each asset class as at 31/03/2022

Breakdown pie chart

Market and portfolio review

Both Western and Janus Henderson maintained their overweight to strong credits over the March quarter with the widening in spreads causing both managers to subtract value from this position. Janus Henderson's long duration position over the quarter also subtracted value from the portfolio.

Future investment strategy

The Bloomberg AusBond Composite 0+ Yr Index returned -5.55% for the year ended 31 March 2022. Both managers outperformed the benchmark over this period.

NameOptiMix Australian Fixed Interest
PDSPDS
TMDTMD
ChartChart

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OneAnswer Frontier Pension is issued by OnePath Custodians Pty Limited (OnePath Custodians) ABN 12 008 508 496 AFSL 238346.

The information provided in this table is a brief outline of the major features of OneAnswer Frontier Pension. It is intended as a quick and easy reference source for investors. The table should not be used as a substitute for reading the appropriate Product Disclosure Statement (PDS) prior to you making any decision to invest through OneAnswer Frontier Pension.

This information is of a general nature and has been prepared without taking into account of your objectives, financial situation or needs. You should consider whether the information is appropriate for you having regard to your objectives, financial situation and needs. We recommend that you read the relevant Product Disclosure Statement (PDS) available here, or by calling 133 665 before deciding whether to acquire, or to continue to hold, the product.

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