Targets returns in excess of the RBA cash rate plus 1.5% to 3.0% after Management Costs
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+4.9%Q3
1 year return
+7.4%Q1
3 year return
+26.0%Q1
5 year return
Chart type
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Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month+2.3%
3 months+0.2%
Volatility, 3 years6.7%
Ongoing charge (OCF)
Fund size (GBP)£644.3M
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 17 Oct 2026. Swipe or use the arrows for more panels.
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 17 Oct 2026.
Fixed Income AustralianNon Government debt Australian dollars86.5%
Fixed Income International Non Government debt Other currency7.8%
Cash Australian5.7%
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 17 Oct 2026.
Fixed IncomeAustralianNon Government debt Australian dollars86.5%
Fixed IncomeInternational Non Government debt Other currency7.3%
CashAustralian5.7%
See all asset classesA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years6.7%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)3.75
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−9.7%
Alpha, 3 years (FE)
5.58
Beta, 3 years (FE)
0.10
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 8 Jul 2026.
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
AU60ETL39970
Fund manager
Kabel, Harvey, Joye, Parker, Campregher, Douglas
Depositary
Apex Fund Services
Benchmark
RBA cash rate + 1.5% pa after management costs
Ongoing charge
Share class launch date
18 Feb 2020
Domicile
AU
Fund type
open-ended fund
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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