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  5. Balmain AQUA High Income Trust - Managed fund profile

Balmain AQUA High Income Trust - Managed Fund (Closed)

Fund Objective
Mirvac AQUA High Income Fund aims to provide income and security of capital.
Fund Strategy
The Mirvac AQUA High Income Fund invests primarily in loans secured by a mix of registered first, second and subordinated mortgage investments and Mortgage Backed Securities via investments in the Mirvac AQUA Mezzanine Debt Pool and the Mirvac AQUA Construction Debt Pool. The Mirvac AQUA High Income Fund will also hold some cash and invest in Liquid Assets. From time to time, it may also invest in the Mirvac AQUA Senior Debt Pool.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0% -2.28% -2.28% -13.93% -11.42% -7.62% -3.39% 0.2%
Growth return 0% -2.28% -2.28% -13.93% -11.42% -7.76% -5.3% -4.02%
Income return 0% 0% 0% 0% 0% 0.14% 1.91% 4.22%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.09% 2.15% 4.19% 3.11% 2.08% -% 1.82%
As at 30 Apr 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Balmain AQUA High Income Trust
Cash
43.35%
Fixed Interest
56.65%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
27.22%
Fixed Interest
72.22%
Australian Equities
0.49%
International Equities
0.06%
Alternatives
0.02%

General Information

Fund Details
Type Description
Balmain AQUA High Income Trust
Closed
The Trust Company (RE Services) Limited
JFF0001AU
Mortgages Aggressive
star (as at 28 Feb 2011)
Investment Fund
7 Oct 2004
$18.96 million (as at 31 May 2014)
$0.66883 (as at 30 Apr 2016)
$0.66883 (as at 30 Apr 2016)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.29% (as at 30 Jun 2011)
Minimum initial investment $10,000.00

FAQs about the Balmain AQUA High Income Trust

The objective of the Balmain AQUA High Income Trust managed fund is Mirvac AQUA High Income Fund aims to provide income and security of capital.

The strategy of the Balmain AQUA High Income Trust managed fund is The Mirvac AQUA High Income Fund invests primarily in loans secured by a mix of registered first, second and subordinated mortgage investments and Mortgage Backed Securities via investments in the Mirvac AQUA Mezzanine Debt Pool and the Mirvac AQUA Construction Debt Pool. The Mirvac AQUA High Income Fund will also hold some cash and invest in Liquid Assets. From time to time, it may also invest in the Mirvac AQUA Senior Debt Pool.

The APIR code of the Balmain AQUA High Income Trust managed fund is JFF0001AU.

Balmain AQUA High Income Trust’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Apr 2016.

Balmain AQUA High Income Trust’s total return for the last three months was -2.28%. This was made up of a growth return of -2.28% and an income return of 0%%. These returns were calculated as at 30 Apr 2016.

Balmain AQUA High Income Trust’s one-year total return is -13.93%. This was made up of a growth return of -13.93% and an income return of 0%. These returns were calculated as at 30 Apr 2016.

Balmain AQUA High Income Trust’s one-year total return is -7.62%. This was made up of a growth return of -7.76% and an income return of 0.14%. These returns were calculated as at 30 Apr 2016.

The asset allocation of the Balmain AQUA High Income Trust managed fund is :

Cash
43.35%
Fixed Interest
56.65%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Balmain AQUA High Income Trust managed fund is The Trust Company (RE Services) Limited.

The Balmain AQUA High Income Trust managed fund belongs to the Mortgages Aggressive sector/asset class.

As at 31 May 2014, the size of the Balmain AQUA High Income Trust managed fund was $18.96 million.

The Balmain AQUA High Income Trust managed fund has an inception date of 7 Oct 2004.

The current entry price of the Balmain AQUA High Income Trust managed fund is $0.66883 per unit and the current exit price is $0.66883 per unit (as at 30 Apr 2016).

The current exit price of the Balmain AQUA High Income Trust managed fund is $0.66883 per unit and the current entry price is $0.66883 per unit (as at 30 Apr 2016).

The minimum initial investment amount for the Balmain AQUA High Income Trust managed fund is $10,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.