|Asset class||Diversified Credit|
|Responsible Entity||Equity Trustees Ltd|
|Fund Manager||Spectrum Asset Management Limited|
|Legal type||Open end|
|Fund inception||01 Jun 2009|
|Entry / exit price (2019-06-30)||$1.1014 / $1.0981|
To generate returns in excess of the benchmark by investing in a diversified portfolio of debt and hybrid debt securities.
The managers will seek to provide enhanced returns by selecting securities that are considered to offer superior returns together with the potential for capital appreciation.
Superior: Suitable for inclusion on most APLs. The fund outperforms (or is likely to) its peers and benchmark the majority of the time. The fund most of the time has been operating within its mandate and PDS. There are very little to no corporate governance concerns. Management is of a very high calibre.
|Management Fee % PA||0.0000|
|ICR % PA||0.7500|
|Entry / Exit %||0.0000/0.0000|
|Buy / Sell Spread||0.15% / 0.15%|