A dynamic global bond solution

What the Macquarie Dynamic Bond Fund offers

Clear philosophy

Focus on preserving capital and managing liquidity

Dynamic approach

Potential for attractive returns across market cycles

Diversification

Potential for diversification against equity market risk

Investing in bonds can help to balance the risk of investing in equities.

Fund invests in wide range of bonds with a capital preservation focus.

Dynamically managed, seeking to capitalise on global fixed income opportunities through market cycles.

Potential for regular income with some capital growth.

All investments carry risk. Different investments carry different levels of risk, depending on the investment strategy and the underlying assets. Generally, the higher the potential return of an investment, the greater the risk. The risks of investing in this fund include:

  • Investment risk: The fund seeks to generate higher 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. The unit price may vary by material amounts, even over short periods of time, including during the period between a redemption request being made and the time the redemption unit price is calculated.
  • Manager risk: There is no guarantee that the fund will achieve its performance objectives, produce returns that are positive, or compare favourably against its peers. The manager may change its investment strategies and internal trading guidelines over time, and there is no guarantee that such changes would produce favourable outcomes.
  • Income securities risk: The fund may have exposure to a range of income securities, including high yield, emerging markets and structured 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, market sentiment, or issuer default. These risks may be greater for securities offering higher returns, for example high yield or emerging market securities. Income security risk may cause unit price volatility and/or financial loss to the fund.

For a full description of the risks of investing in the fund, you should read the Product Disclosure Statement before deciding to invest.

About the Macquarie Dynamic Bond Fund

Investment manager

Macquarie Investment Management has been managing cash and fixed income portfolios since 1970. Over 100 investment professionals manage $172 billion1 in fixed income and currency assets globally.

Investment objective

The Fund aims to outperform the Bloomberg AusBond Composite 0+ Yr Index2 over the medium term (before fees). It aims to provide diversification against equity risk as well as income and some capital growth through a flexible investment strategy.

Investment strategy

The Fund provides exposure to an actively managed diversified portfolio of Australian and international fixed interest securities such as sovereign bonds and investment grade credit. The Fund may also provide exposure to high yield credit securities and emerging market debt when these sectors are expected to outperform.

How the Macquarie Dynamic Bond Fund works

With the flexibility to dynamically adapt to changing market conditions, the Macquarie Dynamic Bond Fund seeks to capitalise on the best opportunities available across the global fixed income spectrum.

Fund information

 Macquarie Dynamic Bond Fund
APIR code MAQ0274AU
Inception date 30 September 2002
Minimum investment timeframe 3 years
Distribution frequency Generally quarterly
Management fee 0.614% pa (of net asset value of Fund and inclusive of GST)
Read the Product Disclosure Statement for more details on fees and expenses that may be charged.
Minimum investment $20,000
Performance reports View monthly performance report.
View client quarterly fund snapshot.
Flyer Learn more about the benefits of the fund.

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