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Overview

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Key details

INAV
(As at 4:29PM 20/09/2019)
$2.47
ASX Code {{modelPortfolio.securityID}}
Market Cap ($M) {{ modelPortfolio.securityInfo.marketCap / 1000000 | number:0 }}
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Estimated Income p.a^ {{ modelPortfolio.returnInceptionAnnualised | percentage:1:100:'N/A' }} N/A
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Download Product Disclosure Statement

Quarterly Update from the Portfolio Manager

Video: March 2019 Review

(11mins 49 secs)

In his quarterly video update, our Australian Equity Portfolio Manager, Nathan Bell, discusses:

  • The market favouring hyper-growth stocks

  • Selling off the remaining low-quality businesses

  • The increasing potenital with new names added

How to Invest

Invest now in the InvestSMART Australian Equity Income Fund (Managed Fund) (ASX:INIF)

With an

Online Broker

Purchase units directly with an online
broker using the ASX ticker code.
Find a broker

Through your

Financial Adviser

Need help finding a financial adviser? Visit
ASIC's MoneySmart website.

 

Not Sure?

If you have any questions, please contact
us on 1300 880 160 or email
invest@investsmart.com.au

FAQs

Still deciding if InvestSMART is right for you? These frequently asked questions may help.

InvestSMART is required to pay out any income plus franking in the financial year it is earned. The Fund is expected to pay two distributions each year – in February for the December half year and in July for June half year. We will advise franking details with each distribution and provide a tax statement at the conclusion of the Financial Year. InvestSMART expects that distributions of income will be 80-100% franked.

Yes. INIF will come on to the market at $2.50. InvestSMART will cover all associated listing costs.

We expect the fund to trade at NAV (Net Asset Value), e.g. if the NAV of the fund is $2.60, we expect to see the bid price at $2.595 and the offer price at $2.605 on the ASX. As the issuer of the fund, InvestSMART will make sure that the ASX prices accurately reflect the NAV.  We will also publish on our website an “indicative” NAV throughout the trading day that will estimate the NAV every 15 seconds.

The distribution will be twice a year after the end of financial year and calendar year. The distribution is made up of all income received by the Fund. This includes dividends paid, interest earned on cash and realised capital gains.

New to investing?
Our mission is to help all Australians grow and protect their wealth.
Learn more about InvestSMART's core investing principles.

Why invest with us?
View our funds