Excela Australian Equity Income Accelerator - Managed Fund (Closed)

The objective of the Excela Australian Equity Income Accelerator managed fund is The investment objective of the Accelerator Fund is to produce income in excess of 1% per month on average in distributions so that investors might benefit from income yield or add to potential capital growth through reinvesting those distributions.

The strategy of the Excela Australian Equity Income Accelerator managed fund is The Investment Manager will invest in a portfolio of shares in top 50 ASX listed companies by market capitalisation and write options over those shares to provide income (i.e., the 'premium' being the amount the options are sold for - a 'Buy-Write' strategy).

The APIR code of the Excela Australian Equity Income Accelerator managed fund is FHT0011AU.

Excela Australian Equity Income Accelerator’s total return last month was 2.2%. This was made up of a growth return of 2.2% and an income return of 0%. These returns were calculated as at 28 Feb 2014.

Excela Australian Equity Income Accelerator’s total return for the last three months was -0.96%. This was made up of a growth return of -3.09% and an income return of 2.13%%. These returns were calculated as at 28 Feb 2014.

Excela Australian Equity Income Accelerator’s one-year total return is -2.87%. This was made up of a growth return of -16.06% and an income return of 13.19%. These returns were calculated as at 28 Feb 2014.

Excela Australian Equity Income Accelerator’s one-year total return is -5.24%. This was made up of a growth return of -19.8% and an income return of 14.56%. These returns were calculated as at 28 Feb 2014.

The asset allocation of the Excela Australian Equity Income Accelerator managed fund is :

The Responsible Entity for the Excela Australian Equity Income Accelerator managed fund is Avestra Asset Management Ltd.

The Excela Australian Equity Income Accelerator managed fund belongs to the Equity Australia Derivative Income sector/asset class.

As at 28 Feb 2014, the size of the Excela Australian Equity Income Accelerator managed fund was $6.7 million.

The Excela Australian Equity Income Accelerator managed fund has an inception date of 6 Oct 2009.

The current entry price of the Excela Australian Equity Income Accelerator managed fund is $0.4263 per unit and the current exit price is $0.4229 per unit (as at 28 Feb 2014).

The current exit price of the Excela Australian Equity Income Accelerator managed fund is $0.4229 per unit and the current entry price is $0.4263 per unit (as at 28 Feb 2014).

The minimum initial investment amount for the Excela Australian Equity Income Accelerator managed fund is $1,000. Minimum additional investment is $1000.