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Mutual Income Fund

Investment Objective

To provide investors a high level of capital preservation and to outperform the Bloomberg AusBond Bank Bill Index, generating net returns to investors in excess of cash alternatives.

Investment Strategy

To actively manage a portfolio of debt instruments offered by Authorised Deposit-Taking Institutions (ADI's), with a minimum of 60% invested with Big 4 Banks.

Fund Information

APIR PRM0015AU

Inception Date

Benchmark

Style

April 2013

AusBond Bank Bills

Bank Bills plus 1.20%

Enhanced Cash

Distributions

Quarterly

Performance Target

$20,000

Risk Profile

Low-Medium

ADI Senior FRN's, ADI Tier 2 FRN's, Min 60% Big 4 banks, Max 40% Regional Banks

Minimum Investment

0.3905% p.a.

Asset Profile

3

Management Fees

2

Buy/Sell Spreads

Interest Rate Duration

Liquidity

Credit Duration Cap

n/a

Low

Daily

2.50 Years

Rating

Zenith Recommended

Lonsec Recommended

1 After Fees, per annum. Bank Bill measured by the Bank Bill Swap Rate.

2 Including GST and net of Reduced Input Tax Credits

3 Australian ADI (Authorised Deposit-Taking Institutions); FRN (Floating Rate Note)

Performance

3 Mths

6 Mths

12 Mths

3 Yrs (p.a.)

5 Yrs (p.a.)

Since Inception (p.a.)

Mutual Income Fund 

Bloomberg AusBond Bank Bill Index

Relative Performance 

Unit Prices

Net Asset Value

PRM0015AU

Mutual Income Fund

Distributions

APIR

PRM0015AU

Mutual Income Fund

Platform Availability

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