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Fund Profile: Torica Absolute Return Income Fund

Key Information

APIR codeMST0002AU
StatusOpen
Asset classUnconstrained Fixed Income
Responsible EntityEquity Trustees Limited (BNP)
Fund ManagerTorica Capital Pty Ltd
Investment StructureOpen end
Fund inception31 May 2013
Fund size $133,798,220
Entry / exit price (2024-03-31)$1.0031 / $1.0019
Minimum initial$25000
Distribution frequencyQuarterly

Objective

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.

What is this fund?

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).

Fees

Management Fee % PA0.64%
TCR % PA0.77%
Entry / Exit %0.00% / 0.00%
Buy / Sell Spread %0.06 / 0.06

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