Growth Bond Fund

Investment Objective

To provide investors with long-term (7-10 years) tax-paid capital growth and competitive returns, while controlling short-term variability of capital.


Investment Strategy

The Growth Bond invests in a diversified portfolio of assets with the majority of assets in growth assets such as Australian and International shares and property. Exposure to property may include both direct real property investments and investments in listed and unlisted property securities. The Bond will also invest in some income producing assets such as fixed interest and cash.

This investment strategy typically aims to hold 70% growth assets and 30% defensive assets.


Fund Size

$74.06 million (inception date 21/06/1988)

Key Features
APIR Code OVS0006AU
Minimum Initial Investment $500
Minimum Additional Investment $500 for a one-off additional payment
Additional Investment Plan Minimum monthly deposit of $100
Minimum Switching Amount $500
Minimum Balance $500
Contribution Fee Nil
Annual Management Fee Net 1.5% p.a.
Suggested Timeframe 7 – 10 years
Effective Tax Rate 27%

Performance

The performance of your bond is measured after taxes and fees within this tax paid bond. For periods of 1 year or longer, the movement is expressed as an annual rate of return. The performance figures below are as at 28 February 2018.

Past performance is not a reliable guide to future performance.

Centuria Growth Bond Fund Current financial year 1 year to 30 June 2017
 Net return 9.71% 7.96%

 

Returns to 28 February 2018 1 year 3 years (%p.a.) 5 years (%p.a.)
Net return 14.85% 7.40% 8.89%
Updated 28/02/18 For periods less than 1 year the return is expressed as a percentage for that corresponding period. Past performance is not a reliable indicator of future performance.

Asset Allocation

Min %  Max %  Actual %  Investment Manager
Australian Shares 0 60 48.45 Centuria/Smallco
International Shares 0 50 6.41 Centuria
Property 0 33 21.26 Centuria
Australian Fixed Interest 0 95 13.08 Commonwealth/Westpac
International Fixed Interest 0 25 0.00
Cash 0 100 2.19 Macquarie
Alternative Assets 0 15 8.61 Held directly

^ This may include Australian and international venture and development capital and public infrastucture investments.

A $10,000 investment in a Centuria Growth Bond made on 1 March 2013 was worth $15,314 five years later on 28 February 2018 after all taxes and fees paid within the bond.

Top 5 Holdings

  1. Centuria Metropolitan REIT (CMA)
  2. Smallco Broadcap Fund
  3. Smallco Investment Fund
  4. Vanguard All World ex-US ETF
  5. Moelis Australia Ltd


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