Overview
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The Bentham Asset Backed Securities Fund (Fund) is focused on generating income by investing in highly rated* investment grade global asset backed securities (“ABS”).

The Fund is actively managed, with individual investments made across different global ABS subsectors. The Fund is managed by Bentham Asset Management, which has over 10 years of investment experience in the sector.

Fund Features

  • Provides investors access to the global asset backed securities market
  • Globally diversified sources of income
  • High credit quality portfolio: minimum 90% allocation to Investment Grade issues
  • Floating rate asset class targeting a total return above cash
  • Low volatility / risk level. Focus on preservation of capital
  • Targeted monthly income distribution
  • Daily unit pricing

Fund Profile

Fund NameBentham Asset Backed Securities Fund
Investment managerBentham Asset Management
Responsible entityFidante Partners Limited
Minimum investment timeframeMedium term – 3 years
BenchmarkBloomberg AusBond Bank Bill Index 
CurrencyAUD denominated
Distribution frequencyMonthly
 Fund aimTo provide exposure to the global asset backed securities (“ABS”) market and generate stable income with some capital growth
Performance objectiveThe performance objective for the Fund is to exceed the Bloomberg AusBond Bank Bill Index by 1.5% per annum after fees over rolling three year periods while maintaining a minimum average credit quality of A-.
Investment universeIncludes global asset backed securities, securitised debt, government bonds, government backed bonds, cash and derivatives 
ASX mFundBAM06
*The Fund has an objective to maintain a minimum average credit quality of A-
**Wholesale as defined in the Corporations Act 2001 (Cth)
Returns & Distribution
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Returns

Net fund performance* – as at 30 April 2022 (% p.a.)

Bentham Asset Backed Securities Fund3 months6 months1 Year2 Year p.a.3 Year p.a.Since Inception p.a.
Bentham Asset Backed Securities Fund (%)-0.34-0.020.614.911.782.78
Bloomberg AusBond Bank Bill Index-0.010.010.020.040.401.06

*Returns are calculated after 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: 31 October 2016

Distribution History (% of NAV*)

Financial YearJulAugSepOctNovDecJanFebMarAprMayJunYTD
FY20220.140.150.140.140.140.140.150.140.150.141.41
FY20210.170.170.170.170.170.170.171.830.170.170.17-3.64
FY20200.240.230.230.230.220.210.220.210.210.170.150.152.45
FY20190.310.300.300.300.300.300.320.310.290.300.280.413.75
FY20180.280.290.290.280.280.290.290.290.290.300.310.143.38
FY20170.280.280.280.280.280.280.280.280.29

*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
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Fund Reports

PeriodBentham Asset Backed Securities Fund
Jan 2017-
Feb 2017-
Mar 2017-
Apr 2017-
May 2017-
Jun 2017-
Jul 2017pdf - 163 KB
Aug 2017pdf - 160 KB
Sep 2017pdf - 180 KB
Oct 2017pdf - 182 KB
Nov 2017pdf - 182 KB
Dec 2017pdf - 182 KB
Jan 2018pdf - 182 KB
Feb 2018pdf - 183 KB
Mar 2018pdf - 182 KB
Apr 2018pdf - 182 KB
May 2018pdf - 182 KB
Jun 2018pdf - 181 KB
Jul 2018pdf - 355 KB
Aug 2018pdf - 331 KB
Sep 2018pdf - 363 KB
Oct 2018pdf - 341 KB
Nov 2018pdf - 339 KB
Dec 2018pdf - 322 KB
Jan 2019pdf - 208 KB
Feb 2019pdf - 246 KB
Mar 2019pdf - 275 KB
Apr 2019pdf - 227 KB
May 2019pdf - 251 KB
Jun 2019pdf - 363 KB
Jul 2019pdf - 253 KB
Aug 2019pdf - 225 KB
Sep 2019pdf - 225 KB
Oct 2019pdf - 226 KB
Nov 2019pdf - 227 KB
Dec 2019pdf - 226 KB
Jan 2020pdf - 226 KB
Feb 2020pdf - 215 KB
Mar 2020pdf - 213 KB
Apr 2020pdf - 216 KB
May 2020pdf - 215 KB
Jun 2020pdf - 215 KB
Jul 2020pdf - 216 KB
Aug 2020pdf - 217 KB
Sep 2020pdf - 216 KB
Oct 2020pdf - 218 KB
Nov 2020pdf - 216 KB
Dec 2020pdf - 217 KB
Jan 2021pdf - 217 KB
Feb 2021pdf - 218 KB
Mar 2021pdf - 216 KB
Apr 2021pdf - 217 KB
May 2021pdf - 216 KB
Jun 2021pdf - 217 KB
Jul 2021pdf - 217 KB
Aug 2021pdf - 218 KB
Sep 2021pdf - 219 KB
Oct 2021pdf - 219 KB
Nov 2021pdf - 220 KB
Dec 2021pdf - 218 KB
Jan 2022pdf - 220 KB
Feb 2022pdf - 219 KB
Mar 2022pdf - 219 KB
Apr 2022pdf - 219 KB
Apply Now Contact Us Performance Graph

Fund Statistics
31-Mar-22

A$ 149.6 m
Fund Size
Globally diversified
AA+
Average Credit Quality
Monthly
Distribution Frequency