Funds Management

In September 2026, with the US Federal Reserve turning more hawkish and the Australian dollar sensitive to shifting rate expectations at home and abroad, the hedged-versus-unhedged decision is squarely in focus. This article explains how VGAD works, why the hedging matters, and the catalysts …

AAA invests itsAssetsinto bank deposit accounts maintained with institutions including Australia and New Zealand Banking Group, Commonwealth Bank of Australia and National Australia Bank Limited, among others. The fund benchmarks against the 30 Day Bank Bill Swap Rate. As at the latest reporting date, …

XARO operates as a managed fund established as a separate class of units in the ActiveX Trust, a registered managedInvestmentscheme administered by Fidante, with units trading on the AQUA market of the ASX. The fund's approach involves an allocation that departs from a straightforward …

QPON aims to track the Solactive Australian Bank Senior Floating Rate Bondindexusing a full replication strategy, generally investing in securities in proportion to their index weightings. The fund's holdings are concentrated across 13 companies, with the top ten representing 89.82 percent of the portfolio …

OZBD's underlying portfolio is notably broad, comprising 727 individual holdings, with the top ten representing just 11.11 percent of the fund and the remaining 88.89 percent spread across a wide base of issuers. This level ofDiversificationdistinguishes OZBD from some of the more concentrated funds …

MMKT is designed to preserve investedCapitalwhile providing ready liquidity, drawing on a portfolio of cash andMoney Marketinstruments alongside a limited bond allocation. The fund's holdings span 160 companies, with the top ten representing 12.93 percent of the portfolio. Leading holdings include Australian Gas Networks, …

CRED employs a passive management approach designed to track the performance of the Solactive Australian Investment Grade Corporate Bond Selectindexbefore fees and expenses, generally investing in securities in proportion to their index weightings. The fund's portfolio spans 62 companies, with the top ten holdings …