The Altius Sustainable Short-Term Income Fund is a floating-rate credit fund focused predominately on investment-grade issuers.
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 Fund aims to outperform the Bloomberg Ausbond Bank Bill Index after fees over the medium term.
Sustainable Short Term Income Fund |
1 mth% | 3 mth% | 1 yr% | 3 yrs% p.a | 5 yrs% p.a | 7 yrs% p.a | Since inception % p.a. |
---|---|---|---|---|---|---|---|
Gross total return¹ | 0.39 | 1.50 | 6.24 | 4.06 | 2.85 | 2.78 | 2.79 |
Net total return² | 0.37 | 1.45 | 6.03 | 3.85 | 2.64 | 2.56 | 2.57 |
Benchmark³ | 0.36 | 1.10 | 4.46 | 3.07 | 1.92 | 1.87 | 1.86 |
Excess to benchmark⁴ | 0.01 | 0.35 | 1.57 | 0.78 | 0.72 | 0.69 | 0.71 |
Inception date for performance calculations is 13 June 2017.
¹Gross total returns are calculated before fees and expenses and assumes the reinvestment of distributions. Past performance is not a reliable indicator of future performance.
²Net total returns are calculated after fees and expenses and assume the reinvestment of distributions. Past performance is not a reliable indicator of future performance.
³The benchmark is the Bloomberg AusBond BankBill Index.
⁴Excess to benchmark is calculated on Net total return.
This chart assumes a notional investment of $10,000 ($25,000 for wholesale products). It uses entry to exit prices in its calculation, and assumes the reinvestment of distributions credited over the period. However, it does not allow for any application or exit fees which may apply to an actual client investment. You should note that any reliance upon historical value or past performance of an investment is not a reliable indicator of its likely future performance. Such information should be considered in the context of the overall performance of the relevant asset class over the stated period, and any economic or market changes recently occurring. You should also refer to the current details for this investment, and the Product Disclosure Statement, which are made available on this website.
Unit prices are for the Altius Sustainable Short Term Income Fund - Ordinary Units only. This chart reflects an exit value at the date shown and is only intended to provide a snapshot of the movements in those prices. Past performance is not a reliable indicator of future performance. Investment decisions should be considered in the context of the overall performance of the relevant asset class over the stated period and any economic or market changes recently occurring. You should also refer to the Product Disclosure Statement and current details for this investment which are made available on this website.
Frequency | Period End | Cents per unit | Reinvestment Price |
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1 Bloomberg 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.
Units in the Altius Sustainable Short Term Income Fund are issued by Australian Ethical Investment Ltd (Australian Ethical) (ABN 47 003 188 930, AFSL 229949) in its capacity as Responsible Entity. Australian Ethical and Australian Unity Group Services Pty Ltd (Australian Unity) have entered into a Transition Services Agreement for Australian Unity to provide services to Australian Ethical to support Altius investors and advisers.
Information provided here is general information only, current at the time of publication and does not take into account your objectives, financial situation or needs. In deciding whether to acquire, hold or dispose of the product, you should obtain a copy of the current Product Disclosure Statement, Additional Information Document and Target Market Determination available on the Altius website and seek professional financial and taxation advice. Past performance is not a reliable indicator of future performance.
This document may contain material provided by third parties derived from sources believed to be accurate at its issue date. While such material is published with necessary permission, Australian Ethical accepts no responsibility for the accuracy or completeness of, nor does it endorse any such third party material. To the maximum extent permitted by law, we intend by this notice to exclude liability for this third party material.