- Returns & Distributions
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 wholesale clients (as defined by the Corporations Act 2001)
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.
- 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 Name||Bentham Global Opportunities Fund|
|Investment manager||Bentham Asset Management|
|Responsible entity||Fidante Partners Limited|
|Minimum investment timeframe||Medium term - three years|
|Benchmark||Bloomberg AusBond Bank Bill Index|
|Currency||AUD 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.|
|Fund aim||To 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 objective||The 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 universe||The 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 type||Wholesale only*|
* Wholesale as defined in the Corporations Act 2001 (Cth)
The information contained above is current as at June 2019. Fidante Partners Limited ABN 94 002 835 592, AFSL 234668 (Fidante Partners), is the Responsible Entity and issuer of interests in the Bentham Global Opportunities Fund (Fund). The Fund is available to wholesale clients (as defined by the Corporations Act 2001) only. Bentham Asset Management Pty Ltd ABN 92 140 833 674, AFSL 356199 (Bentham) is the investment manager of the Fund.
Gross fund performance* - as at 31 December 2019 (%)
|Bentham Global Opportunities Fund||3 months||6 months||1 year||2 years||Since
|Bentham Global Opportunities Fund (%)||1.80||2.48||6.08||3.94||4.40|
|Bloomberg AusBond Bank Bill Index||0.24||0.52||1.50||1.71||1.71|
*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*)
*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.
|Bentham Global Opportunities Fund||Nov 2019||pdf - 191 KB|
|Bentham Global Opportunities Fund||Oct 2019||pdf - 191 KB|
|Bentham Global Opportunities Fund||Sep 2019||pdf - 191 KB|
|Bentham Global Opportunities Fund||Aug 2019||pdf - 192 KB|
|Bentham Global Opportunities Fund||Jul 2019||pdf - 190 KB|
|Bentham Global Opportunities Fund||Jun 2019||pdf - 302 KB|
|Bentham Global Opportunities Fund||May 2019||pdf - 210 KB|
|Bentham Global Opportunities Fund||Apr 2019||pdf - 209 KB|
|Bentham Global Opportunities Fund||Mar 2019||pdf - 209 KB|
|Bentham Global Opportunities Fund||Feb 2019||pdf - 209 KB|
|Bentham Global Opportunities Fund||Jan 2019||pdf - 233 KB|