Permanent Bond Fund CTF15
Fund objective
The Permanent Bond Fund CTF15 (‘the Fund’) aims to provide investors with exposure to Australian fixed interest assets in order to provide an overall pre-fee return normally exceeding that available from cash management funds. The Fund seeks to achieve this while experiencing only minor fluctuations in capital value over time.The Fund is fully invested in the Permanent Bond Fund (PBF). Accordingly, where indicated information and data presented in this document is for the underlying PBF.
Risk and return profile
As investment returns will have a degree of capital variability, it is recommended that the Fund be viewed over at least a one year investment horizon.
Present strategy
The Permanent Bond Fund provides exposure to a diversified portfolio of fixed interest and floating rate interest investments, with a preference for short to medium term securities. Investments of the Fund include government and semi government bonds, high quality corporate bonds and debentures, bank term deposits, floating rate notes, mortgage and asset backed securities and other negotiable interest bearing securities.
