Mutual is the Responsible Entity for the following funds:
MIF Mutual Income
MIF offers investors access to a portfolio of debt instruments issued by the major Australian banks and other Australian Authorised Deposit-taking Institutions (ADIs). MIF provides investors with a low-risk, low volatility and low duration enhanced return.
MIF comprises 1 unit as follows:
• Low duration fund with little interest rate risk
• Exposure to debt of Australian banks only
• 60% of exposures in big 4 banks – ANZ, CBA, NAB, WBC
• Debt securities only – no hybrids and no franking
• Targeting – BBSW +1.20% (net)
• Consistent cash flows above benchmark
• No derivatives
• No leverage
• Credit risk limited to Australian retail banks – we do not buy investment bank securities
MIF Resources
* If an investor is considering investing through an IDPS or IDPS-like scheme the Product Disclosure Statement for MIF must be read in conjunction with the Product Disclosure Statement of the IDPS or IDPS-like scheme through which an investor is considering investing.
For more information contact Mutual on +613 8681 1900
MCF Mutual Credit
Mutual Credit Fund (MCF) offers investors a diversified portfolio of fixed income credit assets with low correlation to equity markets. Over the recommended investment term, 3 years, MCF is managed to return to investors, net of fees, BBSW +2.20%.
MCF comprises 1 unit as follows:
• Little credit and interest rate duration
• Diversified portfolio of fixed income assets
• Debt securities only – no equities
• Targeting – BBSW +2.20% (net)
• Quarterly distributions
• No derivatives
• Low correlation to equities
* If an investor is considering investing through an IDPS or IDPS-like scheme the Product Disclosure Statement for Mutual Credit Fund must be read in conjunction with the Product Disclosure Statement of the IDPS or IDPS-like scheme through which an investor is considering investing.
For more information contact Mutual on +613 8681 1900
MHYF Mutual Enhanced Credit
Mutual High Yield Fund (MHYF) offers investors access to fixed income credit products otherwise not available to retail investors. MHYF targets capital stable higher yielding assets, with the objective to deliver investors a return, net of fees, of BBSW +4.50%.
MHYF comprises 1 unit as follows:
• Low duration fund with little interest rate risk
• Exposure to AUD denominated fixed income assets
• Debt securities only – no equities
• Targeting – BBSW +4.50% (net)
• Consistent cash flows above benchmark
• Quarterly distributions
• No leverage
• Little correlation to equities
* If an investor is considering investing through an IDPS or IDPS-like scheme the Product Disclosure Statement for Mutual High Yield Fund must be read in conjunction with the Product Disclosure Statement of the IDPS or IDPS-like scheme through which an investor is considering investing.
For more information contact Mutual on +613 8681 1900
MCTDF Mutual Cash
MCTDF offers investors access to a portfolio of the best term deposits offered by the major Australian banks with small cash holdings to provide Fund liquidity.
MCTDF comprises of 3 classes of units as follows:
Class B PRM0013AU
Class C PRM0014AU
• Cash fund with no mark-to-market
• 100% term deposits in big 4 banks – ANZ, CBA, NAB, WBC
• Pricing certainty through term deposits with cash holdings for liquidity
• Targeting – BBSW +0.50% (net)
• Historical returns similar to a 6 month term deposit
• No derivatives
• No leverage
• Extremely low risk of loss – big 4 banks only
MCTDF Resources
* If an investor is considering to invest through an IDPS or IDPS-like scheme the Product Disclosure Statement for MCTDF must be read in conjunction with the Product Disclosure Statement of the IDPS or IDPS-like scheme through which an investor is consider investing..
For more information contact Mutual on +613 8681 1900
