Fund Profile: Clime Australian Income

Key Information

APIR codeCLA0002AU
StatusOpen
Asset classMultisector Moderate
Responsible EntityEQT Responsible Entity Services Limited
Fund ManagerClime Asset Management Pty Ltd
Product typeRetail
Legal typeOpen end
Fund inception01 Jul 2015
Fund size$0.00
Entry / exit price (2019-09-30)$1.1457 / $1.1399
Minimum initial$200000
Distribution frequencyQuarterly

PDS Objective

The Fund is an income fund which seeks to generate regular income above the RBA cash rate in the form of consistent quarterly cash distributions and low volatility. This investment objective is not intended to be a forecast. It is only an indication of what the investment strategy aims to achieve. The Fund may not achieve its investment objective.

What is this fund?

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.

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 % PA1.0300
ICR % PA
Entry / Exit %0.0000/
Switching %0.0000
Buy / Sell Spread 0.25% / 0.25%