Fixed Income Fund

Fixed Income Fund

The Fixed Income Fund provides its investors with a secure and structured investment opportunity, focusing on capital preservation and regular income.

This provides its investors with the opportunity to receive a targeted 5% p.a.​ income which can be paid to the investor if they request the distributions to be declared monthly and aim to pay within 5 business days after the month-end.

5
%
p.a
Net of All fees
Interest Paid Monthly

Our Vision

To establish, grow and support our clients with investment aspirations

We are excited to provide our clients with fixed income solutions for our clients. By working with our globally renowned partners we can deliver on the core objective of being client-centric in every way.

Our client-centric focus is at the core of our values and we are dedicated to helping our clients achieve their financial aspirations and investment goals. We believe in building meaningful long-term relationships with our clients and partners.

Strategy & Objectives

Liquidity Interest is paid monthly if investors request for the distributions to be declared monthly as the default is for the interest to be reinvested.
Security To provide investors with a secure and stable income by investing in A Rated or better, insured or guaranteed instruments including a range of banking and corporate credits.

Portfolio Objectives

Objective To provide investors with a secure and stable income by investing in rated, insured or guaranteed instruments.
Target Return Currently targeting 5% p.a fixed return.
Benchmark (AUD)1 Year BBSW Plus 3% p.a, (USD) US Treasury Bonds plus 3% p.a
Return Objective To outperform the benchmarks of equivalent investments with a similar maturity profile. 
Structure Gleneagle Securities, as the issuer of the scheme arranges and manages the investments for and behalf of the trust.

Portfolio Summary

Yield

5% p.a

Average Duration

1 Year (Open-ended trust)

Redemptions

Monthly

Average Credit Quality

AIG (AAA), Credit Suisse (AA-), CIMB (AA+), FAB (AA-), MUFG

Portfolio Exposure

AIG, Credit Suisse, CIMB, FAB, MUFG

Portfolio Manager

Our Fixed Income Investment Manager (Dr. Christian Baylis) is an experienced fixed income manager offering institutional capabilities, with a focus on generating returns above inflation.

Dr. Christian Baylis takes a holistic view of fixed income investment by incorporating overlays, arbitrage strategies, credit opportunities, and high-grade bonds.

Dr. Christian Baylis

Christian is a highly regarded Australian-based manager with broad experience across global fixed income and derivatives strategies, having worked previously at UBS Asset Management and the Reserve Bank of Australia (RBA).

Dr Christian Baylis PhD (Econometrics)

Christian managed in excess of $8 billion AUM and was the lead Portfolio Manager in the UBS Australian Fixed Income team for the UBS Cash Plus Fund, the Insurance and ALM book of business, and ran a complex suite of overlay strategies for large cross-border liability clients. Christian was also a member of the Global Multi-Strategy Committee and was appointed as the Australian representative for the Global Dynamic Fund, the core global unconstrained Fixed Income offering for UBS Asset Management.

Christian was the Head of Derivative Strategy, Inflation Linked Assets, and Credit Trading across the Australian Fixed Income business, managing in excess of $26 billion. This role incorporated oversight of Sector Strategy – incorporating Semi-government and Sovereign Supra National Agencies (SSAs) and the development of the associated ESG framework for these assets. As a member of the Global Multi-Strategy Committee Christian was actively involved in the macro analysis and research of fixed income markets for the global Fixed Income business.

Christian joined UBS Asset Management in March 2011. Whilst managing the UBS Cash-Plus Fund from March 2011 to May 2020, Christian obtained the only ‘Highly Recommended’ rating from Zenith for consecutive years 2017 – 2020 for the Short-Term Credit category. Prior to this, he was a Senior Analyst at the Reserve Bank of Australia (RBA), managing the Bank’s investment portfolio, liquidity, and liability profile. Prior to his role at the RBA, Christian worked for Standard and Poor’s, as a Rating Specialist conducting rating assessments and research.

Christian has a Ph.D. in Econometrics from Monash University and was a recipient of the distinguished Exceed First Class Honours award, receiving a perfect GPA. Christian won the Australian Postgraduate Scholar Award at both University of New South Wales (UNSW) and the University of Sydney (USYD) for his work in the Econometrics field and was a visiting scholar at Monash University in the Econometrics faculty. Christian was also the recipient of the prestigious Capital Markets CRC Ph.D. Scholarship where his work focused on alternative methods of inflation modeling, probability density functions, and option-implied distributions.

Dr. Christian Baylis is authorised as the Fixed Income investment manager of Australian Managed Funds and Share Prices Australia Pty Ltd has nominated AFSL holder No. 337985 as the Appointed, Responsible Entity Manager (Investment Manager) to manage the Share Prices Diversified Investment Trust’s Fixed Investment Portfolio.

Fees

The fees and legal documents relating to the Fixed Income Portfolio are detailed below:

Entry / Exit Fees 

Not applicable 

Pricing Frequency: 

Monthly

Minimum Investment $50,000​
Performance Fee The Performance fee is 22% (inclusive of GST) of the net increase in the assessed Unit’s NAV of the Class for a given Month, above a hurdle of a 5% p.a increase, calculated in respect of each series of Units issued for that Class, subject to the Unit’s Net Asset Value surpassing the highest previously achieved Net Asset Value for that Unit above the a hurdle of a 5% p.a increase (referred to as the high water mark).

Legal Documents

Getting Started​

Before any Investor decides that they want to invest into any of the Share Prices Managed Accounts Services including the Share Prices Fixed Income Portfolio it is recommended that you consider the legal documentation below.

To access, save and print these documents, click on the images below.

Online Application

To apply for the Fixed Income Portfolio, click this button

Disclaimer

The information on this website is not intended to be an inducement, offer or solicitation to anyone outside of Australia and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Australian Managed Funds is the registered trading name of “Share Prices Funds Management Pty Ltd” ACN: 623 398 890.

Australian managed Funds is a corporate authorised financial representative of Share Prices Australia Pty Ltd, AFSL licences 287367 and is also a corporate authorised representative of AFSL 226199 (Gleneagle Asset Management Limited) for the purpose of providing financial services relating to Managed Investments and Capital Raising. AFS Representative Number 001263287

Gleneagle Capital is a trading name of Gleneagle Asset Management Pty Limited, located at Level 27, 25 Bligh Street, Sydney NSW 2000, Australia (ABN 29 103 162 278) is regulated by ASIC and licensed to carry on a financial services business in Australia under Australian Financial Services License No. 226199. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and we recommend that you seek independent financial advice if necessary. Please read our Financial Services Guide (FSG) and Product Disclosure Statement (PDS) which are important documents and which are available for downloading from this website. Alternatively, please contact us on the details provided on this. Gleneagle Capital is not able to take clients from Burma, Côte d’Ivoire, Democratic People’s Republic of North Korea, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Ghana, Iran, Iraq, Lebanon, Liberia, Libya, Japan, New Zealand, United States of America, Somalia, Sudan, Syria, and Zimbabwe. All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not reliable indication of future performance.