North Select Income Generator - Managed Fund

Fund Objective

The Fund aims to provide regular income with some capital growth over rolling 5 year periods, whilst also maintaining moderate levels of capital stability.

Fund Strategy

The Fund is a registered managed investment scheme which invests in a diversified mix of growth and defensive assets, with a focus on income generation. The Fund invests using a range of specialist investment managers. While open to all investors,this Fund has been designed with low marginal tax payers in mind.

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.

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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	-0.07%	2.93%	6.04%	7.67%	9.15%	8.53%	7.13%	5.57%
Growth return	-0.42%	1.85%	-0.67%	-%	-0.22%	-0.37%	-0.91%	-0.8%
Income return	0.35%	1.08%	6.71%	-%	9.37%	8.9%	8.04%	6.37%

As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

North Select Income Generator

Australian Equities: 38.46%

International Equities: 17.48%

Cash: 3.17%

Fixed Interest: 26.94%

Alternatives: 13.95%

General Information

Fund Details

Type	Description
Fund Name	North Select Income Generator
Responsible Entity	IPAC Asset Management Limited
APIR Code	IPA0075AU
Morningstar Rating	(as at 30 Sep 2025)
Legal Structure	Unknown
Fund Inception	10 May 2010
Fund Size	$553.29 million (as at 31 Aug 2025)
Entry Price	$1.0483 (as at 9 Oct 2025)
Exit Price	$1.0464 (as at 9 Oct 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.83% (as at 29 Sep 2025)
Indirect Cost Ratio (ICR)	0.81% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0
Minimum initial investment
Minimum redemption amount	$1,000.00

Top 10 holdings (as at 30 Jun 2025)

Holding (as at 30 Jun 2025)	Type	% of Portfolio
Dexus Community Infrastructure Fund Class O	Alternatives - Infrastructure	8.71%
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FAQs about the North Select Income Generator

What is the objective of the North Select Income Generator managed fund?

The objective of the North Select Income Generator managed fund is The Fund aims to provide regular income with some capital growth over rolling 5 year periods, whilst also maintaining moderate levels of capital stability.

What is the strategy for the North Select Income Generator managed fund?

The strategy of the North Select Income Generator managed fund is The Fund is a registered managed investment scheme which invests in a diversified mix of growth and defensive assets, with a focus on income generation. The Fund invests using a range of specialist investment managers. While open to all investors,this Fund has been designed with low marginal tax payers in mind.

What is the APIR code of the North Select Income Generator managed fund?

The APIR code of the North Select Income Generator managed fund is IPA0075AU.

What was North Select Income Generator’s total return last month?

North Select Income Generator’s total return last month was -0.07%. This was made up of a growth return of -0.42% and an income return of 0.35%. These returns were calculated as at 30 Sep 2025.

What was North Select Income Generator’s total return for the last three months?

North Select Income Generator’s total return for the last three months was 2.93%. This was made up of a growth return of 1.85% and an income return of 1.08%%. These returns were calculated as at 30 Sep 2025.

What is North Select Income Generator’s one-year total return?

North Select Income Generator’s one-year total return is 7.67%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2025.

What is North Select Income Generator’s three-year total return?

North Select Income Generator’s one-year total return is 8.53%. This was made up of a growth return of -0.37% and an income return of 8.9%. These returns were calculated as at 30 Sep 2025.

What is the asset allocation of the North Select Income Generator managed fund?

The asset allocation of the North Select Income Generator managed fund is :

Australian Equities: 38.46%

International Equities: 17.48%

Cash: 3.17%

Fixed Interest: 26.94%

Alternatives: 13.95%

Who is the responsible Entity of the North Select Income Generator managed fund?

The Responsible Entity for the North Select Income Generator managed fund is IPAC Asset Management Limited.

What is the size of the North Select Income Generator managed fund?

As at 31 Aug 2025, the size of the North Select Income Generator managed fund was $553.29 million.

What is the inception date of the North Select Income Generator managed fund?

The North Select Income Generator managed fund has an inception date of 10 May 2010.

What is the current entry price of the North Select Income Generator managed fund?

The current entry price of the North Select Income Generator managed fund is $1.0483 per unit and the current exit price is $1.0464 per unit (as at 9 Oct 2025).

What is the current exit price of the North Select Income Generator managed fund?

The current exit price of the North Select Income Generator managed fund is $1.0464 per unit and the current entry price is $1.0483 per unit (as at 9 Oct 2025).

What is the minimum investment amount for the North Select Income Generator managed fund?

The minimum initial investment amount for the North Select Income Generator 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.

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