Strategy & Objectives
The Arculus Preferred Income Fund is a domestic fixed income portfolio invested in Australian Government and Semi- Government Bonds, Corporate Senior & subordinated Bonds, and cash. The Fund aims to provide unitholders with returns higher than cash and traditional debt securities over the medium to long term with a target rate of return of the 90-day BBSW rate plus 350bps. The return is a combination of income distribution and capital growth. The Fund does not employ leverage either directly or using derivatives and has no offshore currency, structured credit, nor leveraged securities. Up to 30% of the Fund can be invested in non-investment grade securities (S&P, Fitch rated below BBB-, Moodys rated below Baa3). The Fund is best suited to investors who seek a medium risk investment over a 3 to 5-year period.
Our highly skilled management team have over 100 years in investment experience through many market cycles and a proven track record.
The fund aims to provide unitholders with returns in excess of cash and bank deposits over the medium to long term by investing in Australian sovereign bonds, senior & subordinate debt issued by Australian financial institutions, senior & subordinate bonds issued by Australian corporates and ASX-listed hybrid and debt securities. The return is a combination of income distribution and capital growth. The target rate of return is the Bank Bill Swap Rate plus 350 basis points.
Key Features
APIR Code:
DDH0001AU
Product Type:
Open-ended Unitised Managed Fund
Managed Since:
1 July 2015
Distribution Frequency:
Cash – Quarterly
Target Return:
BBSW plus 3.50% p.a.
Asset Class:
High yield Fixed Income
MER:
0.741% +GST
Buy/Sell Spread:
+0.15%/-0.15%
Minimum Investment:
$2,000
Performance fee:
Nil
Reinvestment Option:
Cash – Quarterly
Research Rating:
Platform Availability:
BT Wrap / BT Panorama / Macquarie / Netwealth / Hub24 / Praemium / OneVue / Australian Money Markets / Ausmaq
Performance vs Indexes
