|Asset class||Multisector Moderate|
|Responsible Entity||Clime Asset Management Pty Ltd|
|Fund Manager||Clime Asset Management Pty Ltd|
|Legal type||Open end|
|Fund inception||01 Jul 2015|
|Entry / exit price (2019-07-31)||$1.1440 / $1.1382|
The Fund's objective is to provide a level of income of 3% p.a. above the RBA cash rate and to grow capital in line with CPI. It seeks to deliver a strong risk-adjusted total return and is expected to have a level of total volatility of returns of less than half traditional equity indices.
The Fund is an income fund which seeks an income stream above term deposits from a portfolio of Australian listed and unlisted securities, with a view to capital preservation.
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||1.0300|
|ICR % PA|
|Entry / Exit %||0.0000/|
|Buy / Sell Spread||0.25% / 0.25%|