InvestSMART

Alpha Enhanced Yield Fund - Managed Fund (Closed)

Fund Objective
The fund seeks to outperform the Benchmark over rolling 3 to 5 year periods.
Fund Strategy
The Fund generally gains its investment exposure by investing in underlying funds that provide exposure to a well diversified portfolio of Australian and international fixed interest managers. The underlying fixed interest investments include a range of international and domestic government bonds, corporate debt and asset backed securities.

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 -1.3% -5.92% -4.46% -3.87% 2.81% -0.7% 0.47% 2.23%
Growth return -0.09% -1.08% -% 1.23% -3.88% -2.61% -2.81% -0.9%
Income return -1.21% -4.84% -% -5.1% 6.69% 1.91% 3.28% 3.13%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.07% 3.59% 3.98% 8.57% 7.61% 6.67% 3.84% 4.36%
As at 31 Mar 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Alpha Enhanced Yield Fund
Australian Equities
9.76%
International Equities
26.76%
Cash
13.98%
Property & Infrastructure
0.26%
Fixed Interest
49.24%
Alternatives
0%
Average Allocation of Peers
Australian Equities
11.27%
International Equities
14.09%
Cash
15.78%
Property & Infrastructure
4.29%
Fixed Interest
48.90%
Alternatives
5.67%

General Information

Fund Details
Type Description
Alpha Enhanced Yield Fund
Closed
Equity Trustees Ltd
ETL0093AU
Multisector Moderate
starstar (as at 30 Nov 2021)
Investment Fund
2 Apr 2007
$17.15 million (as at 30 Apr 2022)
$0.7505 (as at 19 Apr 2022)
$0.7467 (as at 19 Apr 2022)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.46% (as at 30 Jun 2019)
Performance fee (not included in ICR) 0.22
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 28 Feb 2022)

Holding (as at 28 Feb 2022) Type % of Portfolio
iShares ESG Australian Bond Index S Mutual Fund - Open End 20.03%
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FAQs about the Alpha Enhanced Yield Fund

The objective of the Alpha Enhanced Yield Fund managed fund is The fund seeks to outperform the Benchmark over rolling 3 to 5 year periods.

The strategy of the Alpha Enhanced Yield Fund managed fund is The Fund generally gains its investment exposure by investing in underlying funds that provide exposure to a well diversified portfolio of Australian and international fixed interest managers. The underlying fixed interest investments include a range of international and domestic government bonds, corporate debt and asset backed securities.

The APIR code of the Alpha Enhanced Yield Fund managed fund is ETL0093AU.

Alpha Enhanced Yield Fund’s total return last month was -1.3%. This was made up of a growth return of -0.09% and an income return of -1.21%. These returns were calculated as at 31 Mar 2022.

Alpha Enhanced Yield Fund’s total return for the last three months was -5.92%. This was made up of a growth return of -1.08% and an income return of -4.84%%. These returns were calculated as at 31 Mar 2022.

Alpha Enhanced Yield Fund’s one-year total return is -3.87%. This was made up of a growth return of 1.23% and an income return of -5.1%. These returns were calculated as at 31 Mar 2022.

Alpha Enhanced Yield Fund’s one-year total return is -0.7%. This was made up of a growth return of -2.61% and an income return of 1.91%. These returns were calculated as at 31 Mar 2022.

The asset allocation of the Alpha Enhanced Yield Fund managed fund is :

Australian Equities
9.76%
International Equities
26.76%
Cash
13.98%
Property & Infrastructure
0.26%
Fixed Interest
49.24%
Alternatives
0%

The Responsible Entity for the Alpha Enhanced Yield Fund managed fund is Equity Trustees Ltd.

The Alpha Enhanced Yield Fund managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Apr 2022, the size of the Alpha Enhanced Yield Fund managed fund was $17.15 million.

The Alpha Enhanced Yield Fund managed fund has an inception date of 2 Apr 2007.

The current entry price of the Alpha Enhanced Yield Fund managed fund is $0.7505 per unit and the current exit price is $0.7467 per unit (as at 19 Apr 2022).

The current exit price of the Alpha Enhanced Yield Fund managed fund is $0.7467 per unit and the current entry price is $0.7505 per unit (as at 19 Apr 2022).

The minimum initial investment amount for the Alpha Enhanced Yield Fund managed fund is $25,000. Minimum additional investment is $10000.

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.