Potential for regular income
Aims to provide regular monthly income
Potential for higher returns than traditional cash
Via exposure to carefully selected corporate securities
Reduced portfolio volatility
Predominately invested in investment grade corporate bonds
Macquarie Corporate Bond Fund
Fund facts | |
Fund | Macquarie Corporate Bond Fund – Class A Units |
Investment objective | The Fund aims to outperform the Bloomberg AusBond Bank Bill Index#, after costs but before tax, over a rolling three-year basis. It aims to provide regular monthly income with some potential for growth while aiming to preserve capital value. |
Benchmark | Bloomberg AusBond Bank Bill Index |
Portfolio managers | Nathan Boon, David Hanna |
Inception date | 23 June 2009 |
Total Fund size | A$340.4m (current as at 31 December 2024) |
Management fee | 0.53% pa of the net asset value of the Fund’s assets attributable to Class A Units |
Minimum investment | $500,000 |
Distribution frequency | Generally monthly |
APIR code | AMP0557AU |
Target Market Determination | The Target Market Determination (TMD), available at macquarie.com/mam/TMD, includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs. View TMD |
Read the Product Disclosure Statement for more details on fees and costs that may be charged.
Researcher ratings
Lonsec 1
'Recommended'
Morningstar 2
Morningstar Medalist RatingTM – 'Neutral' assigned 24.01.2024.
Analyst-Driven 100%
Data Coverage 100%
Zenith 3
'Recommended'
These reports are available to licensed financial advisers on request. Please contact your local Business Development Manager.
Past performance is not a reliable indicator of future performance.
The performance information shown above may differ to the information in the performance report due to rounding.
* Inception date is 23 June 2009.
** Total net returns are quoted after the deduction of all fees and expenses. Total returns are calculated based on changes in net asset values and assumes the reinvestment of distributions. Due to individual investor circumstances, your net returns may differ.
*** The Benchmark is Bloomberg AusBond Bank Bill Index. Please contact Client Service on 1800 814 523 for further information about previous benchmark indices.
Macquarie Investment Management Global Limited (MIMGL) was appointed as the investment manager of the Fund from 26 March 2022 and Macquarie Investment Management Australia Limited (MIMAL) was appointed as the responsible entity of the Fund from 26 April 2022. Prior to these dates, the fund was managed or operated by another entity or entities.
Risks
All investments carry risk. Different investments carry different levels of risk, depending on the investment strategy and the underlying investments. Generally, the higher the potential return of an investment, the greater the risk (including the potential for loss and unit price variability over the short or long term). The risks of investing in this Fund include:
Investment risk: The Fund seeks to generate higher income returns than traditional cash investments. The risk of an investment in the Fund is higher than an investment in a typical bank account or term deposit. Amounts distributed to unitholders may fluctuate, as may the Fund’s unit price, by material amounts over short periods.
Income securities risk: The Fund may have exposure to a range of income securities. The value of these securities may fall, for example due to market volatility, interest rate movements, perceptions of credit quality, supply and demand pressures, a change to the reference rate used to set the value of interest payments, market sentiment, or issuer default.
Credit risk: The value of the investments that the Fund has exposure to may be sensitive to changes in market perceptions of credit quality, both of individual issuers and of credit markets in general. Deteriorations in the market’s perception of credit quality may negatively impact the values of such securities, and hence the Fund’s unit price.
More information on the risks of investing in the Fund is contained in the Product Disclosure Statement, which should be considered before deciding to invest in the Fund.
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Submit the application form and any required identification documents
Macquarie Asset Management
Client Service
mam.clientservice@macquarie.com
PO Box R1723
Royal Exchange,
NSW 1225, Australia
For enquiries call
Toll free: 1800 814 523
International: +61 2 8245 4900
Monday to Friday 8:30am – 5:00pm AEST
Available investment platforms
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