Fund Profile: Spectrum Strategic Income

Key Information

APIR codeETL0072AU
StatusOpen
Asset classDiversified Credit
Responsible EntityEquity Trustees Ltd
Fund ManagerSpectrum Asset Management Limited
Product typeRetail
Legal typeOpen end
Fund inception01 Jun 2009
Fund size$74,258,132.00
Entry / exit price (2019-10-31)$1.0930 / $1.0897
Minimum initial$5000
Distribution frequencyQuarterly

PDS Objective

To generate returns in excess of the benchmark by investing in a diversified portfolio of debt and hybrid debt securities.

What is this fund?

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.

What this rating means?

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.

Fees

Management Fee % PA0.0000
ICR % PA0.7500
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.15% / 0.15%