Fixed Income Strategy 1 (Closed) 

The Fixed Income Strategy 1 (“FIS1” or “the Fund”) objective is to invest substantially all of the Fund’s assets through a multi-manager fixed income strategy, aimed at providing a return equivalent to the 3-Month Australian Financial Markets Association (AFMA) Bank Bill Swap Rate + 1.50% per annum.

Upon inception, the fund will invest in Antares Credit Trust (ACT).

Antares Capital Partners (Antares) is the responsible entity of ACT. Antares is a fixed income manager and is part of NAB Asset Management. The team at Antares commenced managing money in 1992 as part of the Lend Lease Corporation. Antares has a team of seven investment professionals and currently manages approximately $29 billion. The investment strategy incorporates both a top-down and bottom up approach in selecting fixed income securities with a focus on mitigating downside risk while generating a reasonable return outcome.

Units will be issued at a price equal to the net asset value (“NAV”) of the Fund adjusted for any transaction costs (also described as Buy Spread), divided by the number of Units on issue at the relevant time. Currently the Buy/Sell Spread is Nil.

The price of Units will vary as the value of the assets in the Fund rises or falls. Units issued on the First Allotment Date will be issued at a price of $1.00.

The minimum initial investment is $5,000 and thereafter in $1,000 increments.

The minimum suggested time frame for investment in the Fund is 3 - 5 years.

What are the benefits of investing in the Fund?

  • The Fund is structured as a multi-manager fund, designed to provide exposure to a diverse range of specialist investment managers across the fixed income asset class, all in the single fund.

  • The Fund’s investments will be managed via an unconstrained approach, providing flexibility for the underlying fund managers to invest wherever the highest risk adjusted opportunities can be found irrespective of location, sectors or fixed income categories, while maintaining the Fund’s investment risks according to predetermined limits.

  • The flexible, unconstrained approach of the Fund provides diversification benefits to your fixed income portfolio that can be complementary to other asset classes.

  • A retail investor will be able to gain an indirect exposure to the underlying funds of the Fund for a minimum investment of $5,000 in the Fund.

  • The Fund may be suited to investors who seek a higher level of return when compared to cash with moderate volatility (fluctuation in the value of the investment), with an investment timeframe of 3-5 years.


Important Information

This information is of a general nature only and has been prepared without taking into account your objectives, financial situation and needs. Before acting on this information you should consider its appropriateness having regard to your circumstances. You should obtain and consider the Product Disclosure Statement before making a decision to invest in the fund..