Step 1
Read through offer documents and download the Investment application form. New clients will also need to complete the relevant Know Your Client (KYC) form.
Diversified Income Trust - W
A diversified portfolio of income generating investments including cash, short-dated deposits, government and corporate bonds, hybrid securities, asset-backed securities, mortgages and impact loans.
Aim
To generate income in excess of short-term interest rates while limiting harm and creating positive impact through the implementation of U Ethical’s ethical investment policy.
Objective
Outperform benchmark after fees over rolling 3-year periods.
Benefits and risks
- Suggested minimum investment horizon - 3 to 5 years
- Medium-risk profile
- A diversified ethically screened portfolio
- Exposure to income generating investments
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Who can invest?
- Trustees (including superannuation trustees)
- Companies
- Partnerships
- Entities registered as a Tax Concession Charity
- Individual investors
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Minimum investment
$500,000
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Management costs
Estimated up to 0.70% p.a.1
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Buy/sell spread
0.20% / 0.20%
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Income distributions
Half yearly (30 June, 31 December)
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Additional contributions
Anytime by electronic transfer or direct debit
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Redemptions
Each business day2
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Inception date
1 July 2020
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Benchmark
3 month Bank Bill Swap Rate +2.5%
- No fees for establishment, contributions, redemptions or exit. Management costs apply
- Subject to conditions. Please read the Information Memorandum. Valid redemption requests received before 3.00 p.m. on a business day will be processed the next business day at the price applicable on the day of receipt of the request, subject to the Trust's liquidity.
Top fixed income exposures
| Commonwealth Bank of Australia |
| Westpac Banking Corporation |
Suncorp-Metway |
| Macquarie Group |
| Australia and New Zealand Banking Group |
As at 31 December 2020
U Ethical Diversified Income Trust - Wholesale income
For 31 December 2020
| Fund | 3 months % p.a. | 6 months % p.a. | Since inception | Inception date | Fund size (million) |
|---|---|---|---|---|---|
| Diversified Income Trust - Wholesale | 0.42 | 2.18 | 2.18 | 1 July 2020 | 45.03 |
| Benchmark* | 0.63 | 1.29 | 1.29 | - |
Past performance is not indicative of future performance. Based on exit price with distributions reinvested, and are net of all fees.
*Benchmark is 3 month Bank Bill Swap Rate +2.5%
Unit price
Transaction prices for 26 Feb 2021
| Funds | Entry | Exit |
|---|---|---|
| Diversified Income Trust - Wholesale | 1.0375 | 1.0334 |
Quarterly performance review
Our Quarterly performance reviews include fund performance, an asset allocation breakdown and commentary from portfolio managers.
Diversified Income Trust - Wholesale Distributions
| Period To | Cash cents per unit paid | Non-cash cents per unit paid | Total distribution cents per unit |
|---|---|---|---|
| 31 December 2020 | 0.95 | N/A | 0.95 |
For the full break down of all individual income components please refer to your tax statement
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Step 2
Send in completed form(s) and certified identification by email to info@uethical.com mail or in person to: U Ethical, Level 6, 130 Lonsdale Street, Melbourne VIC 3000.
Step 3
We’ll complete your account set up, issue your online portal access and send confirmation notice of your investment.