Some global bond funds and Australian fixed interest funds had fairly impressive performances in 2014, causing more interest rate securities investors to wish to explore the managed funds area more. Interest rate securities investors in Australia interesting in gaining an exposure to managed funds are spoilt for choice. Returns on these managed funds for the 12 months of 2014 range from 16.10 per cent from the Legg Mason Brandywine Global Fixed Income A fund in the Global Bond Funds category, to 11.69 per cent from the BT Government Bond fund in the Australian Fixed Interest category, 4.54 per cent from the Perpetual High Grade Treasury fund in the Australian Enhanced Cash category and 2.83 per cent from the IOOF Cash Management Trust in the Australian Cash Funds category.
| Best performing managed funds for 2014 | Category | 12 month % return to 31/12/14* |
|---|---|---|
| Legg Mason Brandywine Global Fixed Income A | Global Bond Funds | 16.10 |
| BT Government Bond | Australian Fixed Interest Funds | 11.69 |
| Perpetual High Grade Treasury | Australian Enhanced Cash Funds | 4.54 |
| IOOF Cash Management Trust | Australian Cash Funds | 2.83 |
*All of these returns are after fees