- 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)
This material has been prepared by Bentham Asset Management Pty Limited (ABN 92 140 833 674) (Bentham), the investment manager of Bentham Global Opportunities Fund (ARSN 623 308 841) (Fund). Fidante Partners Limited ABN 94 002 835 592 AFSL 234668 (Fidante), is the responsible entity of the Fund(s). Other than information which is identified as sourced from Fidante in relation to the Fund, Fidante is not responsible for the information in this material, including any statements of opinion. It is general information only and is not intended to provide you with financial advice or take into account your objectives, financial situation or needs. You should consider, with a financial adviser, whether the information is suitable for your circumstances. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. The PDS for the Fund, issued by Fidante, should be considered before deciding whether to acquire or hold units in the Fund. The PDS can be obtained by calling 13 51 53 or visiting www.fidante.com. Neither Fidante nor any of its respective related bodies corporate guarantees the performance of the Fund, any particular rate of return or return of capital. Past performance is not a reliable indicator of future performance. Any projections are based on assumptions which we believe are reasonable, but are subject to change and should not be relied upon. Bentham and Fidante have entered into arrangements in connection with the distribution and administration of financial products to which this material relates. In connection with those arrangements, Bentham and Fidante may receive remuneration or other benefits in respect of financial services provided by the parties.
Gross fund performance* - as at 30 June 2021 (%)
|Bentham Global Opportunities Fund||3 months||6 months||1 year||2 years||3 years||Since
|Bentham Global Opportunities Fund (%)||0.06||4.29||14.70||6.96||5.76||5.59|
|Bloomberg AusBond Bank Bill Index||0.01||0.01||0.06||0.45||0.96||1.17|
*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||Jun 2021||pdf - 196 KB|
|Bentham Global Opportunities Fund||May 2021||pdf - 195 KB|
|Bentham Global Opportunities Fund||Apr 2021||pdf - 195 KB|
|Bentham Global Opportunities Fund||Mar 2021||pdf - 195 KB|
|Bentham Global Opportunities Fund||Feb 2021||pdf - 196 KB|
|Bentham Global Opportunities Fund||Jan 2021||pdf - 197 KB|
|Bentham Global Opportunities Fund||Dec 2020||pdf - 195 KB|
|Bentham Global Opportunities Fund||Nov 2020||pdf - 195 KB|
|Bentham Global Opportunities Fund||Oct 2020||pdf - 195 KB|
|Bentham Global Opportunities Fund||Sep 2020||pdf - 193 KB|
|Bentham Global Opportunities Fund||Aug 2020||pdf - 196 KB|
|Bentham Global Opportunities Fund||Jul 2020||pdf - 194 KB|