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Spectrum Wholesale Enhanced Income - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the USB Bank Bill index over a two year period.
Fund Strategy
The Fund invests in debt and hybrid debt securities in the listed and OTC markets.

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 -0.91% 0.04% 2.28% 11.82% 7.94% 12.79% 7.92% 6.03%
Growth return -3.26% -2.33% -0.7% 6.54% 3.11% 7.71% 2.68% -0.02%
Income return 2.35% 2.37% 2.98% 5.28% 4.83% 5.08% 5.24% 6.05%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.36% 0.8% 1.68% 6.47% 6.77% 4.05% -0.21% 2.13%
As at 30 Jun 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Spectrum Wholesale Enhanced Income
Cash
3.03%
Fixed Interest
96.97%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.33%
Fixed Interest
92.73%
Australian Equities
0.62%
International Equities
0%
Property & Infrastructure
0.13%
Alternatives
0.19%

General Information

Fund Details
Type Description
Spectrum Wholesale Enhanced Income (Wholesale)
Closed
Spectrum Asset Management Limited
SAM0001AU
Unconstrained Fixed Income
starstarstarstar (as at 30 Jun 2013)
Investment Fund
31 Mar 2003
$8.65 million (as at 30 Jun 2013)
$1.04175 (as at 30 Jun 2013)
$1.03575 (as at 30 Jun 2013)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2009)
Minimum initial investment $500,000
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FAQs about the Spectrum Wholesale Enhanced Income

The objective of the Spectrum Wholesale Enhanced Income managed fund is The Fund aims to outperform the USB Bank Bill index over a two year period.

The strategy of the Spectrum Wholesale Enhanced Income managed fund is The Fund invests in debt and hybrid debt securities in the listed and OTC markets.

The APIR code of the Spectrum Wholesale Enhanced Income managed fund is SAM0001AU.

Spectrum Wholesale Enhanced Income’s total return last month was -0.91%. This was made up of a growth return of -3.26% and an income return of 2.35%. These returns were calculated as at 30 Jun 2013.

Spectrum Wholesale Enhanced Income’s total return for the last three months was 0.04%. This was made up of a growth return of -2.33% and an income return of 2.37%%. These returns were calculated as at 30 Jun 2013.

Spectrum Wholesale Enhanced Income’s one-year total return is 11.82%. This was made up of a growth return of 6.54% and an income return of 5.28%. These returns were calculated as at 30 Jun 2013.

Spectrum Wholesale Enhanced Income’s one-year total return is 12.79%. This was made up of a growth return of 7.71% and an income return of 5.08%. These returns were calculated as at 30 Jun 2013.

The asset allocation of the Spectrum Wholesale Enhanced Income managed fund is :

Cash
3.03%
Fixed Interest
96.97%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Spectrum Wholesale Enhanced Income managed fund is Spectrum Asset Management Limited.

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

As at 30 Jun 2013, the size of the Spectrum Wholesale Enhanced Income managed fund was $8.65 million.

The Spectrum Wholesale Enhanced Income managed fund has an inception date of 31 Mar 2003.

The current entry price of the Spectrum Wholesale Enhanced Income managed fund is $1.04175 per unit and the current exit price is $1.03575 per unit (as at 30 Jun 2013).

The current exit price of the Spectrum Wholesale Enhanced Income managed fund is $1.03575 per unit and the current entry price is $1.04175 per unit (as at 30 Jun 2013).

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

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.