About the fund
The Sustainable Short Term Income Fund offers daily liquidity and exposure to short-term money market and medium-term floating instruments that may improve returns and diversification.
The Fund also considers environmental, social and governance issues when selecting investments and aligns with Australian Unity’s values to create positive impact.
The Fund is likely to be appropriate for a consumer seeking capital preservation or income distribution to be used as a core or satellite component within a portfolio where the consumer has a medium to long investment timeframe, low risk/return profile and needs daily access to capital.
Fund information
Investment objective
The Fund aims to outperform the Bloomberg1 Ausbond Bank Bill Index after fees over the medium term.
Investment approach
- The Fund invests in a combination of short-term money market instruments, medium and longer-term floating rate notes and fixed rate securities. These may include direct or indirect holdings of government, bank, corporate, asset backed and other securities. The Fund aims to maintain capital stability through limited exposure to interest rate movements and credit management.
- The investment manager may also use derivatives for portfolio positioning and for managing market risk.
Fund features
Portfolio
Access to a portfolio of cash and short-term interest bearing securities, which may improve returns and diversification
Liquidity
Daily
Minimum initial investment amount
Retail class - $5,000
Wholesale class - $100,000
Buy / Sell spread
0.00% / 0.05%
Distribution
Monthly
Fund performance
Fund Snapshot
* Effective 30 September 2017. Inclusive of the impact of RITC (Reduced Input Tax Credits). Refer to the PDS and Additional Information Document for more information about fees and costs for this Fund.
Performance
| Total Return1 | Benchmark* | Active return | |
|---|---|---|---|
| 1 mth % | 0.50 | 0.24 | 0.26 |
| 3 mth % | 1.35 | 0.76 | 0.59 |
| 1 yr % pa | 1.87 | 1.76 | 0.11 |
| 3 yrs % pa | 1.01 | 0.66 | 0.35 |
| 5 yrs % pa | 1.50 | 1.05 | 0.45 |
| Since Inception ‡% pa | 1.64 | 1.14 | 0.50 |
1Sustainable Short Term Income Fund – Ordinary Units as at 31 December 2022.
Total Return is calculated after fees and expenses and assume the reinvestment of distributions. Past performance is not a reliable indicator of future performance.
†‡ Inception date for performance calculations is 13 June 2017.
View Performance HistoryUnit Prices
| Effective date | 2 May 2024 |
|---|---|
| Entry price | $1.0034 |
| Exit price | $1.0024 |
Distributions
| Frequency | None |
|---|---|
| Period end | 30 Apr 2024 |
| Cents per unit | 0.4411 |
| Reinvestment price | $1.0025 |
How to invest?
Click here to download the Retail application form.
Click here to download the Wholesale application form.
For further information please contact:
E australianunitywealth_transactions@unitregistry.com.au
T 1300 997 774
Important information
1Bloomberg Finance LP and its affiliates (collectively ‘Bloomberg’) do not approve or endorse this material and disclaim all liability for any loss or damage of any kind arising out of the use of all or any part of this material.
The Altius Sustainable Short Term Income Fund - Ordinary Units is issued by Australian Unity Funds Management Limited ABN 60 071 497 115, AFS Licence No. 234454. Units in the Sustainable Short Term Income Fund - Ordinary Units are issued by AUFM as Responsible Entity for the Fund. The information in this document is general information only and is not based on the objectives, financial situation or needs of any particular investor. In deciding whether to acquire, hold or dispose of the product, investors should obtain the current Product Disclosure Statement to consider whether the product is appropriate for them. The information provided on this page is current at the time of publishing.
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