Overview
OpenClose

The Bentham Global Opportunities Fund (Fund) provides diversified exposure to securities across global credit markets with the flexibility for opportunistic investments as market conditions arise.

This fund is only available to both retail and wholesale clients

The Fund is an absolute return-focused, multi-sector Fund, with active rotation in global fixed income and credit markets.

The Fund is actively managed and focused on delivering consistent levels of income, while aiming to protect against downside risk through the flexibility to hold up to 90% cash (if circumstances require).

Bentham invests in global credit markets; seeking to add value through actively managing allocations across different credit sectors, and adapting the Fund’s credit exposure to suit market conditions across the credit cycle. Security selection and allocations across sectors are based on upon the prospective investment return and risk. Leverage may be employed to take advantage of investment opportunities in the market.

Fund Features

  • Provides investors access to a highly diversified, multi sector global portfolio of credit securities that would otherwise not be available to investors in the domestic market
  • Actively managed Fund with the flexibility to adapt its credit and cash exposure to suit market conditions across the credit cycle, gravitating to markets with the highest risk adjusted returns
  • Rigorous and robust investment process
  • Daily unit pricing

Fund Profile

Fund NameBentham Global Opportunities Fund
Investment managerBentham Asset Management
Responsible entityFidante Partners Limited
Minimum investment timeframeMedium term – three years
BenchmarkBloomberg AusBond Bank Bill Index 
CurrencyAUD denominated, Bentham aims to hedge any foreign currency exposure back to the Australian dollar to between 85% and 115% of the NAV of the Fund.
Distribution frequencyQuarterly
Fund aimTo provide diversified exposure to securities across global credit markets, with the flexibility to adapt its credit and cash exposure to suit market conditions across the credit cycle, and deliver consistent levels of income.
Performance objectiveThe Fund aims to provide investors with investment returns that exceed the Bloomberg AusBond Bank Bill Index (Benchmark) by 3% per annum after fees over rolling three-year periods.
Investment universeThe Fund invests in global credit and fixed interest markets. The Fund’s investments include, but are not limited to, Australian and global hybrid securities, global high yield bonds, global syndicated loans, investment grade securities, global capital securities, asset backed securities, equities, and derivatives. As part of the portfolio construction process, the Fund may use derivatives to manage risk, gain economic exposure to securities, or for leverage.
Investor typeRetail & Wholesale*
* Wholesale as defined in the Corporations Act 2001 (Cth)
Returns & Distribution
OpenClose

Returns

Gross fund performance* – as at 31 December 2023 (%)

Bentham Global Opportunities Fund3 months6 months1 Year2 year p.a.3 year p.a.Since Inception p.a.
Bentham Global Opportunities Fund (%)9.3610.3411.497.186.785.89
Bloomberg AusBond Bank Bill Index 1.062.153.892.571.711.51

*Returns are calculated before fees and using pre-distribution month end withdrawal unit prices, and assumes all income is reinvested in additional units. Past performance is not necessarily indicative of future performance. Returns may be volatile and may vary from year to year. Source: Fidante Partners Services Limited, State Street. Fund inception date: 8 June 2017.

Distribution History (% of NAV*)

Financial YearSepDecMarJunYTD
FY20241.741.743.72
FY20231.931.931.941.927.85
FY20220.870.870.880.863.46
FY20210.950.930.906.3910.26
FY20201.260.931.191.264.60
FY20191.121.121.140.604.03
FY20180.300.550.490.982.41
FY20170.15

*Calculated as the CPU distribution at month end divided by the ex-distribution NAV at the start of the month. Past distributions are no indication of future distributions. Source: Fidante Partners Services Limited.

Reports
OpenClose

Fund Reports

PeriodBentham Global Opportunities Fund
Jan 2017-
Feb 2017-
Mar 2017-
Apr 2017-
May 2017-
Jun 2017-
Jul 2017-
Aug 2017-
Sep 2017pdf - 223 KB
Oct 2017pdf - 180 KB
Nov 2017pdf - 179 KB
Dec 2017pdf - 180 KB
Jan 2018pdf - 180 KB
Feb 2018pdf - 179 KB
Mar 2018pdf - 179 KB
Apr 2018pdf - 178 KB
May 2018pdf - 178 KB
Jun 2018pdf - 180 KB
Jul 2018pdf - 181 KB
Aug 2018pdf - 181 KB
Sep 2018pdf - 379 KB
Oct 2018pdf - 358 KB
Nov 2018pdf - 354 KB
Dec 2018pdf - 262 KB
Jan 2019pdf - 233 KB
Feb 2019pdf - 209 KB
Mar 2019pdf - 209 KB
Apr 2019pdf - 209 KB
May 2019pdf - 210 KB
Jun 2019pdf - 302 KB
Jul 2019pdf - 190 KB
Aug 2019pdf - 192 KB
Sep 2019pdf - 191 KB
Oct 2019pdf - 191 KB
Nov 2019pdf - 191 KB
Dec 2019pdf - 191 KB
Jan 2020pdf - 192 KB
Feb 2020pdf - 193 KB
Mar 2020pdf - 191 KB
Apr 2020pdf - 194 KB
May 2020pdf - 195 KB
Jun 2020pdf - 195 KB
Jul 2020pdf - 194 KB
Aug 2020pdf - 196 KB
Sep 2020pdf - 193 KB
Oct 2020pdf - 195 KB
Nov 2020pdf - 195 KB
Dec 2020pdf - 195 KB
Jan 2021pdf - 197 KB
Feb 2021pdf - 196 KB
Mar 2021pdf - 195 KB
Apr 2021pdf - 195 KB
May 2021pdf - 195 KB
Jun 2021pdf - 196 KB
Jul 2021pdf - 174 KB
Aug 2021pdf - 198 KB
Sep 2021pdf - 197 KB
Oct 2021pdf - 199 KB
Nov 2021pdf - 199 KB
Dec 2021pdf - 198 KB
Jan 2022pdf - 199 KB
Feb 2022pdf - 199 KB
Mar 2022pdf - 198 KB
Apr 2022pdf - 198 KB
May 2022pdf - 180 KB
Jun 2022pdf - 200 KB
Jul 2022pdf - 200 KB
Aug 2022pdf - 198 KB
Sep 2022pdf - 200 KB
Oct 2022pdf - 181 KB
Nov 2022pdf - 198 KB
Dec 2022pdf - 182 KB
Jan 2023pdf - 181 KB
Feb 2023pdf - 220 KB
Mar 2023pdf - 142 KB
Apr 2023pdf - 142 KB
May 2023pdf - 192 KB
Jun 2023pdf - 192 KB
Jul 2023pdf - 143 KB
Aug 2023pdf - 143 KB
Sept 2023pdf - 143 KB
Oct 2023pdf - 191 KB
Nov 2023pdf - 143 KB
Dec 2023pdf - 143 KB
Jan 2024pdf - 143 KB
Apply Now Contact Us Performance Graph

Fund Statistics
30-Jun-23

A$ 512.5 m
Fund Size
Multi-Sector Credit
Quarterly
Distribution Frequency
A$ 10,000
Minimum Initial Investment (Retail Class)
A$ 250,000
Minimum Initial Investment (Wholesale Class)