Fund Profile: Macquarie Index Tracking Global Bond

Key Information

APIR codeMAQ0266AU
StatusOpen
Asset classBonds - Global
Responsible EntityMacquarie Investment Management Aus Ltd.
Fund ManagerMacquarie Investment Management Aus Ltd.
Product typeWholsesale
Legal typeOpen end
Fund inception28 Feb 2002
Fund size$204,337,276
Entry / exit price (2020-02-29)$0.9041 / $0.9022
Minimum initial$500000
Distribution frequencyQuarterly

PDS Objective

The Fund provides exposure to the performance of the Citigroup (Customised Benchmark) M1 Global ex-Australia hedged to Australian dollars (Index), and is designed to generate a return equal to the Index returns, less 0.12% pa (Index Tracking).

What is this fund?

Index Tracking results in pre-tax returns for investors that equal the returns provided by the Index, less 0.12% pa.

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 0.11% / 0.11%