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  5. BT Wrap Essentials - Australian Unity - Mortgage Income - Managed fund profile

BT Wrap Essentials - Australian Unity - Mortgage Income - Managed Fund (Closed)

Fund Objective
The Fund aims to provide investors with regular income, together with capital stability. The mortgage portfolio is designed to spread exposure and reduce risk through diversification by geographic location, loan size, interest rate type, and loan maturity profile.
Fund Strategy
The Fund gains its mortgages exposure by investing in the AUI Mortgage Income Trust, which primarily invests in a portfolio of loan secured by registered first mortgages over quality retail, commercial, investment residential, and industry property. The Fund typically has a 60-90% exposure to registered first mortgages. The balance of the Fund's assets is held in cash and similar investments.

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 0.37% 0.37% 0.28% -0.3% -4.07% -2.82% -1.4% -%
Growth return 0.37% 0.37% 0.28% -47.17% -34.98% -37.76% -35.96% -%
Income return 0% 0% 0% 46.87% 30.91% 34.94% 34.56% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 31 Mar 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Wrap Essentials - Australian Unity - Mortgage Income
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.02%
Australian Equities
0.03%
International Equities
0.03%
Fixed Interest
79.26%
Alternatives
0.66%

General Information

Fund Details
Type Description
BT Wrap Essentials - Australian Unity - Mortgage Income
Closed
Westpac Financial Services Limited
WFS0412AU
Mortgages
Not Rated
Investment Fund
2 Jun 2008
$0.06 million (as at 31 Mar 2017)
n/a
$0.1083 (as at 24 Apr 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.70% (as at 30 Jun 2013)
Performance fee (not included in ICR) Not Available
Minimum initial investment

FAQs about the BT Wrap Essentials - Australian Unity - Mortgage Income

The objective of the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund is The Fund aims to provide investors with regular income, together with capital stability. The mortgage portfolio is designed to spread exposure and reduce risk through diversification by geographic location, loan size, interest rate type, and loan maturity profile.

The strategy of the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund is The Fund gains its mortgages exposure by investing in the AUI Mortgage Income Trust, which primarily invests in a portfolio of loan secured by registered first mortgages over quality retail, commercial, investment residential, and industry property. The Fund typically has a 60-90% exposure to registered first mortgages. The balance of the Fund's assets is held in cash and similar investments.

The APIR code of the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund is WFS0412AU.

BT Wrap Essentials - Australian Unity - Mortgage Income’s total return last month was 0.37%. This was made up of a growth return of 0.37% and an income return of 0%. These returns were calculated as at 31 Mar 2017.

BT Wrap Essentials - Australian Unity - Mortgage Income’s total return for the last three months was 0.37%. This was made up of a growth return of 0.37% and an income return of 0%%. These returns were calculated as at 31 Mar 2017.

BT Wrap Essentials - Australian Unity - Mortgage Income’s one-year total return is -0.3%. This was made up of a growth return of -47.17% and an income return of 46.87%. These returns were calculated as at 31 Mar 2017.

BT Wrap Essentials - Australian Unity - Mortgage Income’s one-year total return is -2.82%. This was made up of a growth return of -37.76% and an income return of 34.94%. These returns were calculated as at 31 Mar 2017.

The asset allocation of the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund is :

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

The Responsible Entity for the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund is Westpac Financial Services Limited.

The BT Wrap Essentials - Australian Unity - Mortgage Income managed fund belongs to the Mortgages sector/asset class.

As at 31 Mar 2017, the size of the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund was $0.06 million.

The BT Wrap Essentials - Australian Unity - Mortgage Income managed fund has an inception date of 2 Jun 2008.

The current entry price of the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund is $ per unit and the current exit price is $0.1083 per unit (as at 24 Apr 2017).

The current exit price of the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund is $0.1083 per unit and the current entry price is $ per unit (as at 24 Apr 2017).

The minimum initial investment amount for the BT Wrap Essentials - Australian Unity - Mortgage Income managed fund is $0.

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.