Investment Objective The Fund aims to generate higher returns than the RBA Cash Rate over the short to medium term with lower volatility than equities.
Investments Held The Fund holds a diversified portfolio of debt and income securities with a view to minimising any loss of income and capital of the Fund. Issuers may be government bodies, banks, corporations and, to a limited extent, specialist financing vehicles. To maintain a diversified portfolio structure, certain limits are imposed on security type, credit risk, industry and issuers.
Investment Manager Spectrum Asset Management Limited
Commencement 31 May 2009
Fund Size $66.9m as of 30 November 2021
Management Costs¹ 0.75% p.a. Buy Spread +0.15%
Minimum Initial Investment $5,000 Sell Spread -0.15%

¹Includes estimated GST payable, after taking into account Reduced Input Tax Credits ("RITC")

Unit Prices Purchase Net Asset Value Withdrawal
30/11/2021 $1.0624 $1.0608 $1.0592