Fact Sheet
As at March 2024
As at March 2024
Bentham Global Income Fund (NZD)
APIR: MIBGIFNZ
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 Global Income Fund (NZD) aims to provide exposure to global credit markets and to generate income with some potential for capital growth over the medium to long term. The Fund benchmark is a composite of 50% of the UBSA Composite Bond Index and 50% of the UBSA Bank Bill Index. The Fund aims to outperform this composite benchmark over the suggested 3 year minimum investment timeframe.
Key Terms
| Status: | Open | Inception Date: | Sep 2016 |
| Strategy: | Credit | Style: | N/A |
| Geography: | Global | Domicile: | New Zealand |
| Investors: | Wholesale & Retail | Min. Investment: | NZD 50,000 |
| Distributions: | Monthly | Applications: | Daily |
| Fund Size: | NZD 105.93m | Management Fee: | 0.77% |
| Manager FUM: | AU$ 5,731.71m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 1.88% | 1.12% | Sharpe1: | 0.74 | 0.24 |
| 1 Year: | 7.73% | 1.47% | Sortino1: | 0.99 | 0.30 |
| 3 Years1,2: | 4.21% | -1.29% | Best Month1: | 4.19% | 3.36% |
| 5 Years1,2: | 4.85% | 0.17% | Worst Month1: | -8.92% | -3.75% |
| Inception1,2: | 5.36% | 2.64% | Volatility1,2: | 5.01% | 4.28% |
| Up-Capture1: | 54% | N/A | Down-Capture1: | -23% | N/A |
Cumulative Returns Fund Index
Bentham Global Income Fund (NZD) - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Credit Peer Group (41 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Bentham Global Income Fund (NZD)
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.