Objective
The Australian Ethical Income Trust aims to generate a competitive income stream while minimising the risk of capital loss and supporting the Australian Ethical Charter.
Income Trust
Notice: July 2008
Please be aware that the calculation of unit prices will be delayed during the distribution period. Unit prices will still be calculated for each business day and will be published here once available.
| Unit price | $0.9581 effective date: 21/07/2008 | ||||||||||||||
| Performance (Total returns) |
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| Asset allocation |
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| Top 10 Holdings |
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| Trust size | $27.5m as at: 30/06/2008 | ||||||||||||||
Management
- Returns almost exclusively taxable income
- A proportion of the portfolio is in private loans well secured by real property
- The majority of the remainder of the portfolio is in investment grade interest-bearing securities – much of it in AAA mortgage-backed securities
- Due to its concentration on floating rates or short-dated securities, the trust’s returns tend to move in line with the general level of interest rates.
Inception date: 1997
Australian Ethical Income Trust (ARSN: 089 919 120, APIR: AUG0003AU)
Past performance
Past performance is not a reliable indicator of future performance.
Performance notice
- Total returns are calculated using exit prices.
- Total returns take into account ongoing management fees and trust or super fund expenses.
- For the super fund, total returns are based on an investment of $10,000 (pensions based on $30,000) at the inception of each strategy. Performance figures for each strategy assume an investment in that strategy only.
- For the trusts, total returns are calculated as if distributions of income have been reinvested. They do not take into account tax that may be payable on the distribution of income.
- For the super fund, total returns are calculated taking into account taxation on super fund earnings and capital gains.
- Neither the return of capital nor the performance of a trust or the super fund is guaranteed.
- Figures showing a period of less than one year have not been adjusted to show an annual total return. Figures for periods of greater than one year are on a per annum compound basis.
- The latest available performance figures can be obtained from this website or by calling 1800 021 227.
- Units in the trusts are offered and issued by Australian Ethical Investment Ltd (‘AEI’) ABN 47 003 188 930, AFSL 229949. Interests in the super fund are offered by AEI and issued by the trustee of the fund, Australian Ethical Superannuation Pty Ltd ABN 43 079 259 733, RSEL L0001441. Product disclosure statements are available from this website or by calling 1800 021 227 and should be considered before deciding whether to acquire, or continue to hold, units in the trusts or interests in the super fund.