Fund Profile: Macquarie True Index Aust Fixed Interest

Key Information

APIR codeMAQ0211AU
StatusOpen
Asset classBonds - Australia
Responsible EntityMacquarie Investment Management Aus Ltd.
Fund ManagerMacquarie Investment Management Aus Ltd.
Product typeRetail
Legal typeOpen end
Fund inception25 Oct 2000
Fund size$1,172,202,272
Entry / exit price (2019-12-31)$1.0474 / $1.0463
Minimum initial$100000
Distribution frequencyQuarterly

PDS Objective

The Fund provides exposure to the performance of the UBS Composite Bond Index (Index), and is designed to generate a return equal to the Index returns (True Indexing).

What is this fund?

True Indexing results in pre-tax returns for investors that equal the returns provided by the Index.

What this rating means?

Outstanding : Highly suitable for inclusion on APLs. The fund most often outperforms its peers and benchmark. In all cases the fund is operating to its mandate and product disclosure statement (PDS). There are no corporate governance issues. Management is extremely experienced and skilled and has access to significant resources.

Fees

Management Fee % PA0.0000
ICR % PA0.0000
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.05% / 0.05%

SQM Research strongly recommends this fund profile be read in conjunction with the fund rating report or product disclosure statement. Disclosure: This document is published by SQM Research Pty Ltd, AFSL No. 421913. SQM Research receives fees from fund managers and product issuers for rating financial products using objective criteria and may receive fees from fund managers or product issuers for other services. SQM Research’s fee and analyst remuneration are not linked to the rating outcome. SQM Research, its representatives and their associates may hold the financial product(s) discussed. Warning: Past performance is not a reliable indicator of future performance. Ratings are General Advice and are based on the merits of the product(s) without considering any person’s particular financial circumstances. Seek advice from a financial services professional before making an investment decision, or consider its appropriateness given your particular financial circumstances. Disclaimer: Except for SQM Research ratings, SQM Research gives no warranty of accuracy or completeness of information in this document, which is compiled from information from public and third party sources. Opinions and ratings are reasonably held by SQM Research at compilation. SQM Research assumes no obligation to update this document after publication. Except for any liability which cannot be excluded, SQM Research, its directors, officers, employees and agents disclaim all liability for any error, inaccuracy, misstatement or omission, or any loss suffered through relying on the document or any information