Income Fund
Overview
OBJECTIVE
To generate an income stream consistent with prevailing short-term interest rates while minimising the risk of capital loss and supporting the Australian Ethical Charter.
Fund facts
|
$9.61m
|
Money Market
|
|
|
Bloomberg AusBond Bank Bill
|
1 year
|
|
|
30/06/2015
|
Very low
|
| MINIMUM INITIAL INVESTMENT |
$25,000 |
|---|---|
| isin code |
AU60AUG00242 |
| apir code |
AUG0024AU |
| distribution frequency |
Up to twice per year |
| distribution dates |
30 June & 31 December |
| management costs |
0.20% p.a. |
| ADDITIONAL TRANSACTIONAL & OPERATIONAL COSTS |
0.00% |
| BUY/SELL SPREAD |
0.00% / 0.00% |
A full explanation of all the fees and costs that you may be charged for investing in the Fund is provided in the Fund’s Product Disclosure Statement (Retail PDS, Wholesale PDS) and the fee information page.
*The current benchmark may not have been the benchmark over all periods shown.
|
$1.58m
|
Money Market
|
|
|
Bloomberg AusBond Bank Bill
|
1 year
|
|
|
26/11/1997
|
Very low
|
| MINIMUM INITIAL INVESTMENT |
$1,000 or $500 with a Regular investor plan |
|---|---|
| isin code |
AU60AUG00036 |
| apir code |
AUG0003AU |
| distribution frequency |
Up to twice per year |
| distribution dates |
30 June & 31 December |
| management costs |
0.20% p.a. |
| ADDITIONAL TRANSACTIONAL & OPERATIONAL COSTS |
0.00% |
| BUY/SELL SPREAD |
0.00% / 0.00% |
A full explanation of all the fees and costs that you may be charged for investing in the Fund is provided in the Fund’s Product Disclosure Statement (Retail PDS, Wholesale PDS) and the fee information page.
*The current benchmark may not have been the benchmark over all periods shown.
Portfolio
| Top 10 Holdings | Allocation |
|---|---|
| Government of Australia | 31.9% |
| Westpac Banking Corporation | 5.7% |
| Bank of Queensland Limited | 5.4% |
| Queensland Treasury Corp. | 5.3% |
| National Australia Bank Limited | 4.2% |
| Bendigo and Adelaide Bank Limited | 3.9% |
| Treasury Corporation of Victoria | 3.1% |
| ETSA Utilities Finance Pty Ltd. | 3.0% |
| Suncorp-Metway Ltd. | 2.7% |
| European Investment Bank | 2.6% |
Performance
| Fund | Benchmark | |
|---|---|---|
| 1 Month | 0.0 % | 0.0 % |
| 3 Month | -0.3 % | 0.0 % |
| 6 Month | -0.3 % | 0.0 % |
| 1 Year P.A. | -0.3 % | 0.0 % |
| 3 Year P.A. | 0.5 % | 0.3 % |
| 5 Year P.A. | 1.1 % | 1.0 % |
| 10 Year P.A. | - | - |
| Since Inception P.A. | 1.4 % | 1.2 % |
| Fund | Benchmark | |
|---|---|---|
| 1 Month | 0.0 % | 0.0 % |
| 3 Month | -0.3 % | 0.0 % |
| 6 Month | -0.3 % | 0.0 % |
| 1 Year P.A. | -0.3 % | 0.0 % |
| 3 Year P.A. | 0.4 % | 0.3 % |
| 5 Year P.A. | 0.9 % | 1.0 % |
| 10 Year P.A. | 1.8 % | 1.7 % |
| Since Inception P.A. | 3.5 % | 3.9 % |
Resources
Ways to invest
Directly with AE
Complete our online or paper application form. You may be asked for your IDs for verification purposes.
Through a platform
Our funds are available on a range of platforms, which are typically used by advisers. If you don’t have an adviser but would like to find one, visit the Responsible Investment Association Australasia or the Financial Planning Association.