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Antares Capital

Fund information

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Antares Income Fund

Fund description:  The Fund focuses on generating a regular income while aiming to preserve capital and liquidity. Antares does this by actively managing a diverse portfolio of primarily high credit quality fixed income securities and cash, while carefully managing exposure to rising interest rates

Investment approach: In an unpredictable and constantly changing world, Antares actively manages the Fund using a five step macro research process to identify economic and industry trends. This top down process is combined with analysis of the interest rate yield curve and bottom up credit research to manage risk and identify the most attractive securities that it believes will best achieve the Fund’s return objective.

  • Fund objective The Fund aims to provide regular income, and a return (after fees) that exceeds the Benchmark, over rolling three year periods.
    APIR code PPL0028AU
    Inception date 4 November 2013
    Benchmark Bloomberg AusBond Bank Bill Index
    Minimum suggested timeframe

    1 to 3 years

    (Please note this is a guide not a recommendation).
    Management fee 0.29% p.a. of the Fund's net asset value (including GST, net of Reduced Input Tax Credits).
    Minimum initial investment $20,000
    Minimum additional investment $1,000
    Risk level Low to medium: The likelihood of the value of your investment going down over the short term is low to medium compared to funds investing in other types of assets such as property securities and shares. The lower level of volatility means the Fund has less potential for higher returns over the long term.
    Distribution frequency Quarterly
    Indicative asset allocation ranges

    Fixed income securities issued in Australian dollars: 0-100%
    Fixed income securities issued in foreign currencies: 0 – 50%
    Cash and short-term securities: 0-100%

    The Fund may invest in a broad range of securities and derivatives directly or through funds managed by Antares, including:

    • government and government-related bonds
    • corporate bonds
    • mortgage-backed and asset-backed securities
    • hybrid and convertible securities
    • cash and short-term securities, and
    • interest rate and credit derivatives including swaps, options and futures.

    Large foreign currency exposures are hedged into Australian dollars.
    Research ratings

    Lonsec: Investment Grade

    Zenith: Approved
    The above is just a snapshot of the Fund's terms and features. Further terms and conditions are set out in the Fund's PDS.

    0.35% pa of the Fund’s net asset value (including GST, net of Reduced Input Tax Credits).

    0.35% pa of the Fund’s net asset value (including GST, net of Reduced Input Tax Credits).

  • Lonsec: The rating issued 05/2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.

    Zenith: The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned ANT00058AU, Nov 2023) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.

     

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