Fund Profile: Premium Asia Income
Key Information
| APIR code | MAQ0782AU |
| Status | Open |
| Asset class | High Yield Credit |
| Responsible Entity | Equity Trustees Ltd |
| Fund Manager | Value Partners Hong Kong Limited |
| Product type | Retail |
| Legal type | Open end |
| Fund inception | 31 Aug 2011 |
| Fund size | $45,980,000.00 |
| Entry / exit price (2019-09-30) | $1.1695 / $1.1579 |
| Minimum initial | $25000 |
| Distribution frequency | Quarterly |
PDS Objective
The Fund aims to generate regular income with some long-term capital growth.
What is this fund?
The Fund provides exposure to a concentrated portfolio of fixed interest securities issued by companies in Asia and the Middle East. The Fund may also invest in cash, money market instruments and derivatives including over-the counter participatory notes and foreign exchange contracts.
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 % PA | 0.9800 |
| ICR % PA | 1.1300 |
| Entry / Exit % | 0.0000/0.0000 |
| Switching % | 0.0000 |
| Buy / Sell Spread | 0.50% / 0.50% |