InvestSMART

U Ethical Enhanced Income Trust Wholesale - Managed Fund

Fund Objective
The Trust provides exposure to a diversified portfolio of income generating investments subject to U Ethical’s ethical investment policy as it applies to the asset class. Investments may include cash, term deposits, government and corporate bonds, fixed and floating rate notes, asset backed securities, mortgages and mortgage backed securities, community loans, preference shares, hybrid securities and convertible securities. Derivatives are used for the purposes of hedging, transactional efficiency or tactical investment.
Fund Strategy
The Trust provides exposure to a diversified portfolio of income generating investments subject to U Ethical’s ethical investment policy as it applies to the asset class. Investments may include cash, term deposits, government and corporate bonds, fixed and floating rate notes, asset backed securities, mortgages and mortgage backed securities, community loans, preference shares, hybrid securities and convertible securities. Derivatives are used for the purposes of hedging, transactional efficiency or tactical investment.

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 -0.12% 0.61% 1.33% 3.85% 4.56% 4.77% 3.01% -%
Growth return -99.99% -99.99% -99.99% -99.99% -% -95.03% -83.53% -%
Income return 99.87% 100.6% 101.32% 103.84% -% 99.8% 86.54% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.42% -0.34% -1.48% 1.51% 2.35% 2.06% 0.15% 1.79%
As at 31 Mar 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

U Ethical Enhanced Income Trust Wholesale
Cash
10.65%
Fixed Interest
89.35%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
7.88%
Fixed Interest
91.20%
Australian Equities
0.58%
International Equities
0%
Property & Infrastructure
0.12%
Alternatives
0.21%

General Information

Fund Details
Type Description
U Ethical Enhanced Income Trust Wholesale
UGF1128AU
Unconstrained Fixed Income
starstarstar (as at 28 Feb 2026)
Investment Fund
1 Jul 2020
$183.7 million (as at 28 Feb 2026)
$1.0179 (as at 1 Apr 2026)
$1.0169 (as at 1 Apr 2026)
Open
Offer information
Type Description
MER 0.70% (as at 22 Aug 2025)
Indirect Cost Ratio (ICR) 0.70% (as at 30 Jun 2025)
Minimum initial investment $500,000
Minimum additional investments $10,000.00

Top 10 holdings (as at 28 Feb 2026)

Holding (as at 28 Feb 2026) Type % of Portfolio
National Australia Bank Ltd. 4.12%
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FAQs about the U Ethical Enhanced Income Trust Wholesale

The objective of the U Ethical Enhanced Income Trust Wholesale managed fund is The Trust provides exposure to a diversified portfolio of income generating investments subject to U Ethical’s ethical investment policy as it applies to the asset class. Investments may include cash, term deposits, government and corporate bonds, fixed and floating rate notes, asset backed securities, mortgages and mortgage backed securities, community loans, preference shares, hybrid securities and convertible securities. Derivatives are used for the purposes of hedging, transactional efficiency or tactical investment.

The strategy of the U Ethical Enhanced Income Trust Wholesale managed fund is The Trust provides exposure to a diversified portfolio of income generating investments subject to U Ethical’s ethical investment policy as it applies to the asset class. Investments may include cash, term deposits, government and corporate bonds, fixed and floating rate notes, asset backed securities, mortgages and mortgage backed securities, community loans, preference shares, hybrid securities and convertible securities. Derivatives are used for the purposes of hedging, transactional efficiency or tactical investment.

The APIR code of the U Ethical Enhanced Income Trust Wholesale managed fund is UGF1128AU.

U Ethical Enhanced Income Trust Wholesale’s total return last month was -0.12%. This was made up of a growth return of -99.99% and an income return of 99.87%. These returns were calculated as at 31 Mar 2026.

U Ethical Enhanced Income Trust Wholesale’s total return for the last three months was 0.61%. This was made up of a growth return of -99.99% and an income return of 100.6%%. These returns were calculated as at 31 Mar 2026.

U Ethical Enhanced Income Trust Wholesale’s one-year total return is 3.85%. This was made up of a growth return of -99.99% and an income return of 103.84%. These returns were calculated as at 31 Mar 2026.

U Ethical Enhanced Income Trust Wholesale’s one-year total return is 4.77%. This was made up of a growth return of -95.03% and an income return of 99.8%. These returns were calculated as at 31 Mar 2026.

The asset allocation of the U Ethical Enhanced Income Trust Wholesale managed fund is :

Cash
10.65%
Fixed Interest
89.35%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The U Ethical Enhanced Income Trust Wholesale managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 28 Feb 2026, the size of the U Ethical Enhanced Income Trust Wholesale managed fund was $183.7 million.

The U Ethical Enhanced Income Trust Wholesale managed fund has an inception date of 1 Jul 2020.

The current entry price of the U Ethical Enhanced Income Trust Wholesale managed fund is $1.0179 per unit and the current exit price is $1.0169 per unit (as at 1 Apr 2026).

The current exit price of the U Ethical Enhanced Income Trust Wholesale managed fund is $1.0169 per unit and the current entry price is $1.0179 per unit (as at 1 Apr 2026).

The minimum initial investment amount for the U Ethical Enhanced Income Trust Wholesale managed fund is $500,000. 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.