InvestSMART

Prime Value Diversified High Income - Managed Fund

Fund Objective
The Fund aims to provide regular income with medium risk exposure. The Fund targets a return to investors of the RBA Cash Rate plus a margin of 4.0% p.a. This return may vary from quarter to quarter depending on the market and as funds are invested.
Fund Strategy
The Fund aims to provide regular income with medium risk exposure. The Fund targets a return to investors of the RBA Cash Rate plus a margin of 4.0% p.a. This return may vary from quarter to quarter depending on the market and as funds are invested.

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 0.23% -4.7% -3.63% -4.67% -0.32% 2.12% 3.45% -%
Growth return -0.04% -5.78% -6.29% -10.26% -6.23% -3.66% -2.1% -%
Income return 0.27% 1.08% 2.66% 5.59% 5.91% 5.78% 5.55% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.68% 1.02% 2.53% 2.44% 5.72% 3.96% -0.57% 1.94%
As at 28 Feb 2025. 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
92.53%
Australian Equities
0.04%
International Equities
0%
Cash
5.31%
Alternatives
2.11%

General Information

Fund Details
Type Description
Prime Value Diversified High Income
Prime Value Asset Management
PVA1362AU
Diversified Credit
starstarstar (as at 28 Feb 2025)
Investment Fund
1 Aug 2019
$143.21 million (as at 28 Feb 2025)
$0.9019 (as at 28 Feb 2025)
$0.9019 (as at 28 Feb 2025)
Open
Offer information
Type Description
MER 0.97% (as at 31 Jul 2024)
Indirect Cost Ratio (ICR) 1.86% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.24
Minimum initial investment $50,000
Minimum additional investments $5,000.00

FAQs about the Prime Value Diversified High Income

The objective of the Prime Value Diversified High Income managed fund is The Fund aims to provide regular income with medium risk exposure. The Fund targets a return to investors of the RBA Cash Rate plus a margin of 4.0% p.a. This return may vary from quarter to quarter depending on the market and as funds are invested.

The strategy of the Prime Value Diversified High Income managed fund is The Fund aims to provide regular income with medium risk exposure. The Fund targets a return to investors of the RBA Cash Rate plus a margin of 4.0% p.a. This return may vary from quarter to quarter depending on the market and as funds are invested.

The APIR code of the Prime Value Diversified High Income managed fund is PVA1362AU.

Prime Value Diversified High Income’s total return last month was 0.23%. This was made up of a growth return of -0.04% and an income return of 0.27%. These returns were calculated as at 28 Feb 2025.

Prime Value Diversified High Income’s total return for the last three months was -4.7%. This was made up of a growth return of -5.78% and an income return of 1.08%%. These returns were calculated as at 28 Feb 2025.

Prime Value Diversified High Income’s one-year total return is -4.67%. This was made up of a growth return of -10.26% and an income return of 5.59%. These returns were calculated as at 28 Feb 2025.

Prime Value Diversified High Income’s one-year total return is 2.12%. This was made up of a growth return of -3.66% and an income return of 5.78%. These returns were calculated as at 28 Feb 2025.

The asset allocation of the Prime Value Diversified High Income managed fund is :

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

The Responsible Entity for the Prime Value Diversified High Income managed fund is Prime Value Asset Management.

The Prime Value Diversified High Income managed fund belongs to the Diversified Credit sector/asset class.

As at 28 Feb 2025, the size of the Prime Value Diversified High Income managed fund was $143.21 million.

The Prime Value Diversified High Income managed fund has an inception date of 1 Aug 2019.

The current entry price of the Prime Value Diversified High Income managed fund is $0.9019 per unit and the current exit price is $0.9019 per unit (as at 28 Feb 2025).

The current exit price of the Prime Value Diversified High Income managed fund is $0.9019 per unit and the current entry price is $0.9019 per unit (as at 28 Feb 2025).

The minimum initial investment amount for the Prime Value Diversified High Income managed fund is $50,000. Minimum additional investment is $5000.

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.