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Australian Unity Pro-D Investment Funds – Monthly Fund Updates for February 2021

Fixed interest markets experienced the weakest monthly return in nearly 40 years, as Australian and global bond investors became concerned that central bank stimulus would lead to inflation. The Australian 10-year government bond yield rose nearly 0.8% to close the month at 1.9% p.a., leading to a 3.6% decline in the Australian Composite Bond index, and dragged listed property and infrastructure stocks lower.

Australian and global shares generally rose through the early part of February, before declining later in the month in sympathy to moves in bond yields.

Against this backdrop, the Pro-D Funds achieved positive returns for the month of February. The Fund’s returns over one year and beyond are above each fund’s inflation-relative objective.

Please find below, links to the performance reports for the Pro-D Funds at at 28 February 2021.

 


Units in the Pro-D Funds are issued by Australian Unity Funds Management Limited ABN 60 071 497 115, AFS Licence No. 234454. The information in this document is general information and is not based on the financial objectives, situation or needs of any particular investor. In deciding whether to acquire, hold or dispose of the product you should refer to the respective Product Disclosure Statements (PDSs) dated 28 October 2019 that are available for the AUFM Managed Fund No.1 ARSN 160 420 986 (Pro-D High Growth Fund), AUFM Managed Fund No.2 ARSN 160 421 063 (Pro-D Balanced Fund) and the AUFM Managed Fund No.3 ARSN 160 421 161 (Pro-D Growth Fund) and consider whether the product is appropriate for you. A copy of the PDSs are available at australianunity.com.au/wealth or by calling our Investor Services team on 1300 997 774. Investment decisions should not be made upon the basis of its past performance or distribution rate, or any rating given by a ratings agency, since each of these can vary. The information provided in the document is current at the time of publication.
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