|Asset class||Multi-Strategy Income|
|Responsible Entity||Mason Stevens Limited|
|Fund Manager||Mason Stevens Asset Mgmt Pty Ltd|
|Legal type||Open end|
|Fund inception||31 May 2013|
|Entry / exit price (2019-09-30)||$1.0318 / $1.0216|
The Fund seeks to generate returns in excess of the RBA Cash Rate ("Benchmark") by 2.5% per annum after fees and expenses over a period of 3 - 5 years. The Fund seeks to do this by investing in fixed income securities that are expected to deliver income and yield.
The Fund will typically invest in interest rate securities such as Corporate Debt, Hybrid Securities and Structured Debt Securities including Residential Mortgage Backed Securities (RMBS) and Asset Backed Securities (ABS).
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||0.6400|
|ICR % PA||0.9500|
|Entry / Exit %||0.0000/0.0000|
|Buy / Sell Spread||0.50% / 0.50%|