Skip to Content

Antares Diversified Fixed Income Fund

Fund Description: The Fund may suit investors looking to diversify a portfolio that is already weighted to growth-focussed assets, such as shares and property. The Fund predominantly invests in a combination of:

  • highly-rated longer-maturity bonds, including bonds issued by governments, to provide diversification of returns from growth assets, and
  • shorter-maturity corporate bonds that Antares believes will enhance the Fund's returns while managing risk.

Antares actively manages each of these allocations based on economic and market conditions.

Investment approach:
Antares actively manages the Fund using a macro research process to develop a view of the global economy and its likely impact on the Australian economic outlook. This top-down process is combined with Antares' expert analysis of the interest rate yield curve and bottom-up credit research. Combining top-down and bottom-up research gives Antares a deep understanding of how different types of fixed income securities are likely to perform, and the extent of their risks in possible future economic scenarios. Antares uses this analysis to prudently manage risk and identify the most attractive securities that it believes will best achieve the Fund’s objective. Antares builds a core allocation to highly-rated longer-maturity bonds and shorter-maturity corporate bonds. Exposures to return enhancing strategies are adjusted as the market outlook or conditions change.

Antares actively manages the Fund’s average maturity to be above or below the benchmark. The benchmark’s average maturity is approximately 5 years at the date of the PDS and is usually in the range of 3 to 7 years.

Fund facts

Fund objective

To outperform the Bloomberg AusBond Australian All Maturities Composite Bond Index over rolling 3 year periods, net of the management fee.

APIR code

PPL8808AU

Inception date

9th July 2019

Benchmark

Bloomberg AusBond Australian All Maturities Composite Bond Index

Minimum suggested timeframe

3 years (Please note this is a guide not a recommendation).

Management Fee

0.35% pa of the Fund’s net asset value (including GST, net of Reduced Input Tax Credits).

Minimum initial investment

$20,000

Minimum additional investment

$1,000

Risk level

Low: The likelihood of the value of your investment going down over the short term is relatively low compared to investments in funds investing in other types of assets such as property securities and shares.

Distribution frequency

Quarterly

Indicative asset allocation ranges

Australian dollar securities: 0-100%
Foreign currency denominated securities: 0 – 50%

Foreign currency exposures will be substantially hedged to the Australian dollar.

The Fund may invest in a broad range of securities (including derivatives) directly or through funds managed by Antares, including:

  • government and government-related bonds
  • corporate bonds
  • mortgage-backed and asset-backed securities
  • hybrid and convertible securities
  • cash and short-term securities, and
  • interest rate and credit derivatives including swaps, options and futures.

Research ratings

TBC

 

The above is just a snapshot of the Fund's terms and features. Further terms and conditions are set out in the Fund's PDS.

How to invest:

Direct investors:

Speak to your financial adviser for more information or invest directly through the Product Disclosure Statement (PDS) available under Product information.

Advisers:

Speak to your Business Development Manager for more information on available platforms.