General Information

All Star KFM Income
Equity Trustees Ltd
VEN0007AU
Multi-Strategy Income
starstarstarstar (as at 31 Jul 2014)
Investment Fund
12 Jul 2007
$25.41 million (as at 28 Feb 2017)
$0.8748 (as at 24 Mar 2017)
$0.8704 (as at 24 Mar 2017)

Fund performance (28 Feb 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -0.02 3.12 1.82 12.22 4.47 6.06 7.34 -
Growth return -0.02 1.61 -1.02 4.9 -2.07 -0.48 1.13 -
Income return 0 1.51 2.84 7.32 6.54 6.54 6.21 -

Market index (Bloomberg AusBond Composite 0+Y TR AUD)

Total return 0.17 0.61 -2.32 1.43 2.19 4.83 5.13 6.08

Asset Allocation (28 Feb 2017)

Australian Equities 21.24%
International Equities 0%
Cash 5.59%
Property 17.28%
Fixed Interest 54.25%
Alternatives 1.65%
Asset Allocation

Objectives and Strategy

To provide an income stream in excess of the 1-year Bank Bill Swap Rate (BBSW) which is the fund's benchmark. The fund is managed on an absolute basis and aims to produce a consistent return largely comprised of income generated from a diversified portfolio of liquid and Australian Securities Exchange ('ASX') listed securities, coupled with low volatility and some capital growth over time.
The Fund invests predominantly in high yielding securities listed on the ASX such as hybrid securities and corporate bonds (fixed and floating), unsecured fixed interest investments, property trusts, preference shares, utilities and infrastructure securities and high yielding ordinary shares, particularly bank shares, as well as government bonds and cash.

Offer information

Indirect Cost Ratio (ICR) 0.96% (as at 30 Jun 2015)
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 28 Feb 2017)

Holding Type % of Portfolio
DUET Group Equity 7.34%
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* Dates for historical returns vary from fund to fund