The Mason Stevens Wholesale Fixed Income Managed Portfolio (Managed Portfolio) invests in a portfolio of foreign currency and AUD denominated fixed income securities that aims to achieve high risk adjusted returns, while delivering regular cash-flow streams via income from coupons with minimal capital volatility.
|Investment Objective||RBA Cash Rate + 3.00% p.a. (after fees)|
|Benchmark||RBA Cash Rate|
|Inception date||19 September 2016|
|Management costs||0.77% p.a.|
|Minimum initial investment||A$200,000|
|Managed Portfolio||Immediate upon receipt of income|
|Max sub-investment grade/non-rated weighting||20%|
|Cash weighting limits||1.5-100%|
|Maximum foreign currency exposure||100%|
|Maximum individual security weighting||25%|
|Investment Strategy||Seeks to invest in a risk-adjusted portfolio of fixed income securities unless stated otherwise.|
|Meet the Managers||Vincent Hua >
Patrick Eng >
|Availability||Available to wholesale/sophisticated investors only|
A solution for investors seeking:
A lower risk investment with regular income and to target capital preservation.
A cost effective fixed income solution that offers real (inflation adjusted) return.
Targets regular income distributed as coupons are received. Capital gains (and losses) can also be made.
Access high-grade, fixed income securities with a minimum rating of investment grade or higher, from reputable rating agencies at the time of purchase.
Direct beneficial ownership of securities.
Flexible solution that allows for the rebalancing of weight of the underlying investments in the Managed Portfolio acting as a cushion to changing market conditions.
Before you make an investment decision, it is important that you understand the risks that can affect your investment being able to meet its objective or retain value.
The risks that may impact the Managed Portfolio include, but are not limited to factors such as, market risk, company or security specific risk, and currency risk.
Please refer to the Investment Mandate for a full list of potential risks linked to the portfolio.
Growth of $100,000 since inception (19-Sept-2016)
Portfolio Breakdown at 28/02/2021
|Yield to call/maturity (p.a)(%)||3.8%|
|Term to call/maturity(yrs)||4.62 yrs|
- 18.7%Senior Unsecured
- 5.2%Consumer, Cyclical
Credit Rating of Securities held
- Wholesale Investments
- Macro & Markets
This information is provided by Mason Stevens Limited (ACN 141 447 207, AFSL 351578) (Mason Stevens) as the Managed Discretionary Account (MDA) Provider. Content on this page is of a general nature and does not have regard to any individual’s personal objectives, financial situation and needs. Please seek specific advice and obtain a copy of the investment mandate before making a decision in relation to any investment. Information in this Report is provided in good faith. Whilst every effort is made to ensure the information is accurate at the time of sending, Mason Stevens does not make any representation or warranty as to its accuracy, reliability or completeness nor does it undertake to correct any information subsequently found to be inaccurate. Any information contained in this Report is subject to change without prior notice and Mason Stevens is not obliged to update any information. References made to any third party or their data is based on information that Mason Stevens believes to be true and accurate as at the date of this page but without independent verification.
Meet our Wholesale Investment Team
Meet our Asset Management Team
Mason Stevens Daily
Managing Director, Private Investments
David joined Mason Stevens in 2011. He works with single and multi-family offices and private high net worth investors. His consultative approach enables his clients to make investment decisions based on insight, trust and intelligence. With more than 25 years’ finance experience, David has held senior executive roles within St George Private Clients, ANZ Private and ANZ Investment Bank. He holds a Masters of Business Banking and Finance and Graduate Diploma in Banking and Finance from Monash University.