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Antares Income Fund

Fund Description: The Fund provides investors with a highly diversified exposure to a range of cash, cash equivalent, fixed income and debt securities. Derivatives will be used to efficiently manage the Fund and to implement some of the asset allocations. They will also be used for currency hedging.
 
The Fund has limited interest rate risk through a focus on floating rate securities.
 
At the core of the Antares investment process is an assessment of the current global economic environment, and possible future scenarios. This includes the outlook for interest rates, bond yields and credit markets. Antares continually assesses the likely impact on the debt securities and investments held by the Fund under these various future scenarios and adjusts exposures of the Fund accordingly to maximise the expected risk adjusted returns.
 
The Fund’s core-satellite approach to portfolio construction uses the flexible asset allocation ranges, allowing Antares to adjust investment exposures as the market outlook or conditions change, to better position the Fund to manage risk and capture return opportunities.

Investment approach: The Fund provides investors with a highly diversified exposure to a range of cash, cash equivalent, fixed interest and debt securities.

  • The fund will increase and decrease credit exposure according to the attractiveness of the investment opportunities.
  • The Fund has low interest rate risk through a focus on floating rate securities.
  • The Fund can invest in securities directly, or through funds managed by Currency risk will be hedged in Australian dollars.
  • Derivatives will be used to efficiently manage the Fund and to implement some of the asset allocations. They will also be used for currency hedging.
Antares talks fixed income outlook and portfolio positioning

Antares Fixed Income Investment Manager, Ken Hyman discusses the fund’s positioning and gives his outlook for the economy in a low rate environment.

Fund facts

Fund objective

The Fund aims to provide regularincome,and a return (after fees) that exceeds the Benchmark, over rolling three year periods.

APIR code

PPL0028AU

Inception date

4 November 2013

Benchmark

Bloomberg AusBond Bank Bill Index

Minimum suggested timeframe

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

Management Fee

0.55% of the Fund's net asset value (inclusive of GST) p.a.

Minimum initial investment

$20,000

Minimum additional investment

$1,000

Risk level

Low to Moderate: 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 shares. 

Distribution frequency

Quarterly

Indicative asset allocation ranges

Enhanced cash securities: 20 - 100%

Short dated credit securities: 0 - 60%

Global investment grade credit securities: 0 - 20%

Global high yield credit securities: 0 - 20%

Research ratings

Lonsec: Rated

 

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 you financial adviser for more information or invest directly through the Product Disclosure Statement.

Advisers:

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

ASX mFund Settlement Service:

If you don’t have an existing stockbroking account, contact a participating broker, such as nabtrade, today. A complete list of participating stockbrokers can be found on the ASX website.