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  5. Affluence Income Trust - Managed fund profile

Affluence Income Trust - Managed Fund

Fund Objective
The Fund aims to provide you with: - Access to a highly diversified portfolio of fixed income assets. - A minimum distribution equal to the RBA Cash Rate plus 3% per annum, paid monthly. - Preservation of capital over rolling 3 year periods after payment of distributions.
Fund Strategy
The Fund aims to achieve the investment objectives by investing predominantly in a highly diversified fixed income portfolio, with a focus on maximising returns with low volatility. The Fund has a flexible investment mandate. This allows us to take advantage of what we believe are the best risk adjusted investment opportunities within the fixed income asset class at any given time.

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 0.64% 1.95% 4% -% -% -% -% -%
Growth return 0.02% 0.07% 0.19% -% -% -% -% -%
Income return 0.62% 1.88% 3.81% -% -% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD )
Total return 0.39% -0.5% 2.08% 0.87% 1.3% -2.09% -0.55% 2.2%
As at 31 May 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
0.34%
Australian Equities
1.28%
International Equities
0.49%
Cash
3.72%
Property
0.11%
Fixed Interest
94.06%

General Information

Fund Details
Type Description
Affluence Income Trust
Affluence Funds Management Pty Ltd
AFX0870AU
Unconstrained Fixed Income
Not Rated
Investment Fund
28 Jul 2023
n/a
$1.01075 (as at 31 May 2024)
$1.00875 (as at 31 May 2024)
Open
Offer information
Type Description
MER 1.68% (as at 16 Jan 2024)

FAQs about the Affluence Income Trust

The objective of the Affluence Income Trust managed fund is The Fund aims to provide you with: - Access to a highly diversified portfolio of fixed income assets. - A minimum distribution equal to the RBA Cash Rate plus 3% per annum, paid monthly. - Preservation of capital over rolling 3 year periods after payment of distributions.

The strategy of the Affluence Income Trust managed fund is The Fund aims to achieve the investment objectives by investing predominantly in a highly diversified fixed income portfolio, with a focus on maximising returns with low volatility. The Fund has a flexible investment mandate. This allows us to take advantage of what we believe are the best risk adjusted investment opportunities within the fixed income asset class at any given time.

The APIR code of the Affluence Income Trust managed fund is AFX0870AU.

Affluence Income Trust’s total return last month was 0.64%. This was made up of a growth return of 0.02% and an income return of 0.62%. These returns were calculated as at 31 May 2024.

Affluence Income Trust’s total return for the last three months was 1.95%. This was made up of a growth return of 0.07% and an income return of 1.88%%. These returns were calculated as at 31 May 2024.

Affluence Income Trust’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2024.

Affluence Income Trust’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2024.

The asset allocation of the Affluence Income Trust managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Affluence Income Trust managed fund is Affluence Funds Management Pty Ltd.

The Affluence Income Trust managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at , the size of the Affluence Income Trust managed fund was $ million.

The Affluence Income Trust managed fund has an inception date of 28 Jul 2023.

The current entry price of the Affluence Income Trust managed fund is $1.01075 per unit and the current exit price is $1.00875 per unit (as at 31 May 2024).

The current exit price of the Affluence Income Trust managed fund is $1.00875 per unit and the current entry price is $1.01075 per unit (as at 31 May 2024).

The minimum initial investment amount for the Affluence Income Trust managed fund is $.

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.