Fact Sheet
As at March 2024
As at March 2024
Bentham Global Income Fund
APIR: CSA0038AU
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 Wholesale Global Income Fund 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 is managed on a top-down basis. Active allocations are made according to quarterly forecasts of prospective risk-adjusted returns. Investments are actively managed with allocations across different credit sectors, trading of individual securities, managing of interest rate risk and currency risk. Bentham utilises a bottom-up analysis to select individual investments based on credit fundamentals and market information.
Key Terms
| Status: | Open | Inception Date: | Sep 2003 |
| Strategy: | Credit | Style: | N/A |
| Geography: | Global | Domicile: | Australia |
| Investors: | Wholesale | Min. Investment: | AU$ 10,000 |
| Distributions: | Monthly | Applications: | Daily |
| Fund Size: | AU$ 3,111.77m | Management Fee: | 0.72% |
| Manager FUM: | AU$ 5,731.71m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 1.74% | 1.12% | Sharpe1: | 0.44 | 0.32 |
| 1 Year: | 6.52% | 1.47% | Sortino1: | 0.53 | 0.44 |
| 3 Years1,2: | 3.35% | -1.29% | Best Month1: | 8.55% | 3.36% |
| 5 Years1,2: | 4.18% | 0.17% | Worst Month1: | -16.65% | -3.75% |
| Inception1,2: | 6.38% | 4.37% | Volatility1,2: | 7.44% | 3.67% |
| Up-Capture1: | 41% | N/A | Down-Capture1: | -107% | N/A |
General Notes
The Fund benchmark is 50% UBSA Composite Bond Index and 50% UBSA Bank Bill Index.
Cumulative Returns Fund Index
Bentham Global Income Fund - 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
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.