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Fund Facts
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Legal structure
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Superannuation Fund
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Fund inception date
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01 Jun 2009
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Fund objective
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To generate income by investing in the full spectrum of domestic credit-based securities, with the potential to invest in global credit-based securities. The option aims to provide higher income returns than traditional cash investments and has some volatility over short time periods.
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Fund strategy
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The option invests in a core income portfolio and takes an opportunistic approach to investing in satellite sectors. All investments in offshore sectors are hedged back into Australian dollars. The manager may use derivatives to implement long short credit strategies. The effective aggregate exposure of long derivative credit positions and credit securities will not exceed 130% of the portfolio?s value. The effective net exposure, including long and short credit positions, is limited to 100% of the portfolio?s value.
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Fund size
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$36.07
million (as at
31 Dec 2011
)
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Entry price
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$1.1745
(as at
08 Feb 2012)
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Exit price
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$1.1710
(as at
08 Feb 2012)
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Valuation frequency
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Daily
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Cash distribution (cents/unit)
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N/A
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Distribution as at date
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N/A
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