Fixed Income and Multi-Asset

Yarra Income Plus Fund

The Yarra Income Plus Fund aims to deliver regular income and to achieve medium-term capital growth over a 3-5 year time horizon.

Reasons to consider investing

Tactical Positioning

The strategic blend of different income-generating asset classes ensures the Fund achieves high levels of income distribution while reducing capital volatility.

Opportunity for Capital Growth & Income Enhancement

Returns are enhanced by including high yield asset classes and assets that offer the potential for capital growth over the business cycle.

Strong Risk Focus

The diversified approach reduces concentration risk. Single name exposure risk is reduced with the Fund holding over 450 securities.

Simply Swipe to obtain further table informatin

Investment objective
To provide regular income and to achieve medium term capital growth through exposure to cash, money market products, domestic fixed interest and a range of high yielding investments, including domestic hybrid investments, property, infrastructure and utilities securities and international fixed interest assets. In doing so, the aim is to outperform the Bloomberg AusBond Bank Bill Index over rolling three-year period.
Benchmark
Bloomberg AusBond Bank Bill Index
Potential for capital growth
Low / Medium
Recommended investment timeframe
Medium term 3-5 years
Inception date
May 1998

Building blocks of the Yarra Income Plus Fund

      Minimum Allocation % Maximum Allocation % Strategic Asset Allocation^ %
DEFENSIVE: 60% The Fund has a highly liquid core of cash and fixed interest which provides liquidity and minimizes risk to capital. Cash‡ 5 100 40
Australian Fixed Income‡ 0 50 20
HIGH INCOME: 25% The Fund gains credit exposure through holdings in investment grade credit and global high yield. Australian Hybrid and Investment Grade Credit† 0 40 15
Global High Yield‡ 0 25 10
GROWTH & INFLATION SENSITIVITY: 15% The potential for growth is introduced into the portfolio via the inclusion of income-focused real assets. Property Infrastructure and Utilities Securities† 0 25 15

Total returns as at 31 August 2018

1 Mth
%
3 Mths
%
1 Yr
%
3 Yrs
% p.a.
5 Yrs
% p.a.
10 Yrs
% p.a.
Since
Inception
% p.a.
Yarra Income Plus Fund 0.73 1.79 3.81 4.30 4.71 5.63 6.02
- Growth return 0.73 1.02 1.15 -0.18 0.51 0.87 0.73
- Distribution return 0.00 0.77 2.65 4.47 4.20 4.76 5.29
Bloomberg AusBond Bank Bill Index 0.17 0.51 1.85 1.94 2.20 3.23 4.48
Excess Return* 0.56 1.28 1.95 2.35 2.51 2.40 1.54

* Excess Return is the difference between the Fund’s return and its benchmark. The returns shown are prepared on an exit-to-exit basis (i.e. they include all ongoing fees and expenses and assume reinvestment of distributions). They do not take personal taxation into account.

Investment Insights

Latest monthly commentary
Latest quarterly commentary

Fund Facts

Open to New Investors: Yes
ARSN: 090 047 635
APIR Code: JBW0016AU
Distribution Frequency: Quarterly
Minimum investment: 50,000.00AUD
Unit pricing: Daily
Buy / sell spread: +/- 0.10%
Management cost (ICR) (p.a.): 0.68% p.a.

^ SAA is reviewed annually and may be altered
† Maximum combined exposure to hybrid, property, infrastructure and utilities securities is 50%
‡ These asset classes combined must be within a range of 50 – 100%