Fact Sheet
As at March 2024
As at March 2024
Bentham Asset Backed Securities Fund
APIR: HOW2852AU
Manager Summary
Bentham Asset Management is a specialist global credit investment manager. Their investment philosophy is based on a strong credit culture and systematic investment process. Through diversified exposure to the global credit market and active management, their approach seeks to provide more investment opportunities when compared with managers that focus only on domestic fixed income markets.
Strategy Summary
The Bentham Asset Backed Securities Fund (Fund) is focused on generating income while preserving capital by investing in highly rated global asset backed securities ("ABS"). The Fund is actively managed, with individual investments made across different global ABS subsectors.
Key Terms
| Status: | Open | Inception Date: | Oct 2016 |
| Strategy: | Credit | Style: | N/A |
| Geography: | Australia/Global | Domicile: | Australia |
| Investors: | Retail | Min. Investment: | AU$ 10,000 |
| Distributions: | Monthly | Applications: | Daily |
| Fund Size: | AU$ 74.56m | Management Fee: | 0.35% |
| Manager FUM: | AU$ 5,731.71m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 1.30% | 1.12% | Sharpe1: | 0.35 | 0.02 |
| 1 Year: | 6.94% | 1.47% | Sortino1: | 0.42 | -0.01 |
| 3 Years1,2: | 3.68% | -1.29% | Best Month1: | 3.62% | 3.36% |
| 5 Years1,2: | 3.19% | 0.17% | Worst Month1: | -7.84% | -3.75% |
| Inception1,2: | 3.00% | 1.46% | Volatility1,2: | 4.60% | 5.11% |
| Up-Capture1: | 57% | N/A | Down-Capture1: | 34% | N/A |
Cumulative Returns Fund Index
Bentham Asset Backed Securities Fund - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Debt Peer Group (48 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Bentham Asset Backed Securities Fund
RBA Cash Rate + 5%
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.