BC Invest Australian Credit A1 - Managed Fund (Closed)

Fund Objective

The Fund aims to provide investors with capital stability and an attractive target income return, paid monthly, that is generated from a diverse portfolio of Australian mortgage-backed securities. The Fund aims to provide investors with a choice of several investment options, or classes of Units, differentiated by investment Anniversary Date (or minimum holding period) and Target Income Return rate.

Fund Strategy

The Fund will invest in a broad range of securities backed by first mortgages over Australian residential and commercial real estate. The Fund will take positions in the Loan Notes of several mortgage loan trusts managed by the BC Group and publicly issued Australian residential mortgage-backed securities (RMBS).

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.54%	1.69%	3.35%	6.4%	5.05%	-%	-%	-%
Growth return	0.54%	0.57%	-%	0.47%	-%	-%	-%	-%
Income return	0%	1.12%	-%	5.93%	-%	-%	-%	-%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return	0.3%	0.91%	1.83%	3.89%	4.18%	4.12%	2.77%	2.12%

As at 31 Mar 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

Fixed Interest: 79.65%

Australian Equities: 0.03%

International Equities: 0%

Cash: 19.44%

Property & Infrastructure: 0.88%

Alternatives: 0%

General Information

Fund Details

Type	Description
Fund Name	BC Invest Australian Credit A1
Fund Status	Closed
Responsible Entity	The Trust Company (RE Services) Limited
APIR Code	PIM4497AU
Sector/Asset Class	Mortgages
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	16 Dec 2021
Fund Size	$0.38 million (as at 30 Sep 2023)
Entry Price	$1 (as at 28 Mar 2024)
Exit Price	$1 (as at 28 Mar 2024)
Fund Status	Suppressed

Offer information

Type	Description

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FAQs about the BC Invest Australian Credit A1

What is the objective of the BC Invest Australian Credit A1 managed fund?

The objective of the BC Invest Australian Credit A1 managed fund is The Fund aims to provide investors with capital stability and an attractive target income return, paid monthly, that is generated from a diverse portfolio of Australian mortgage-backed securities. The Fund aims to provide investors with a choice of several investment options, or classes of Units, differentiated by investment Anniversary Date (or minimum holding period) and Target Income Return rate.

What is the strategy for the BC Invest Australian Credit A1 managed fund?

The strategy of the BC Invest Australian Credit A1 managed fund is The Fund will invest in a broad range of securities backed by first mortgages over Australian residential and commercial real estate. The Fund will take positions in the Loan Notes of several mortgage loan trusts managed by the BC Group and publicly issued Australian residential mortgage-backed securities (RMBS).

What is the APIR code of the BC Invest Australian Credit A1 managed fund?

The APIR code of the BC Invest Australian Credit A1 managed fund is PIM4497AU.

What was BC Invest Australian Credit A1’s total return last month?

BC Invest Australian Credit A1’s total return last month was 0.54%. This was made up of a growth return of 0.54% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

What was BC Invest Australian Credit A1’s total return for the last three months?

BC Invest Australian Credit A1’s total return for the last three months was 1.69%. This was made up of a growth return of 0.57% and an income return of 1.12%%. These returns were calculated as at 31 Mar 2024.

What is BC Invest Australian Credit A1’s one-year total return?

BC Invest Australian Credit A1’s one-year total return is 6.4%. This was made up of a growth return of 0.47% and an income return of 5.93%. These returns were calculated as at 31 Mar 2024.

What is BC Invest Australian Credit A1’s three-year total return?

BC Invest Australian Credit A1’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 Mar 2024.

What is the asset allocation of the BC Invest Australian Credit A1 managed fund?

The asset allocation of the BC Invest Australian Credit A1 managed fund is :

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the BC Invest Australian Credit A1 managed fund?

The Responsible Entity for the BC Invest Australian Credit A1 managed fund is The Trust Company (RE Services) Limited.

What sector/asset class does the BC Invest Australian Credit A1 managed fund belong to?

The BC Invest Australian Credit A1 managed fund belongs to the Mortgages sector/asset class.

What is the size of the BC Invest Australian Credit A1 managed fund?

As at 30 Sep 2023, the size of the BC Invest Australian Credit A1 managed fund was $0.38 million.

What is the inception date of the BC Invest Australian Credit A1 managed fund?

The BC Invest Australian Credit A1 managed fund has an inception date of 16 Dec 2021.

What is the current entry price of the BC Invest Australian Credit A1 managed fund?

The current entry price of the BC Invest Australian Credit A1 managed fund is $1 per unit and the current exit price is $1 per unit (as at 28 Mar 2024).

What is the current exit price of the BC Invest Australian Credit A1 managed fund?

The current exit price of the BC Invest Australian Credit A1 managed fund is $1 per unit and the current entry price is $1 per unit (as at 28 Mar 2024).

What is the minimum investment amount for the BC Invest Australian Credit A1 managed fund?

The minimum initial investment amount for the BC Invest Australian Credit A1 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.

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