Fund Profile: Macquarie True Index Aust Fixed Interest
Key Information
| APIR code | MAQ0211AU |
| Status | Open |
| Asset class | Bonds - Australia |
| Responsible Entity | Macquarie Investment Management Aus Ltd. |
| Fund Manager | Macquarie Investment Management Aus Ltd. |
| Product type | Retail |
| Legal type | Open end |
| Fund inception | 25 Oct 2000 |
| Fund size | $1,156,542,803 |
| Entry / exit price (2020-06-30) | $1.0654 / $1.0643 |
| Minimum initial | $100000 |
| Distribution frequency | Quarterly |
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 % PA | 0.0000 |
| ICR % PA | 0.0000 |
| Entry / Exit % | 0.0000/0.0000 |
| Switching % | 0.0000 |
| Buy / Sell Spread | 0.05% / 0.05% |