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
  • Who can invest?

    • Trustees (including superannuation trustees)
    • Companies
    • Partnerships
    • Entities registered as a Tax Concession Charity
    • Individual investors
  • Minimum investment

    $500,000

  • Management costs

    Estimated up to 0.70% p.a.1

  • Buy/sell spread

    0.20% / 0.20%

  • Income distributions

    Half yearly (30 June, 31 December)

  • Additional contributions

    Anytime by BPAY or recurring direct debit

  • Redemptions

    Each business day2

  • Inception date

    1 July 2020

  • Benchmark

    3 month Bank Bill Swap Rate +2.5%

  • APIR code

    UGF8935AU

  • Fund size

    $42.75m (as at 30 June 2022)

  1. No fees for establishment, contributions, redemptions or exit. Management costs apply
  2. Subject to conditions. Please read the Information Memorandum. Valid redemption requests received before 1.00 p.m. on a business day will be processed within 2 business days at the price applicable on the day of receipt of the request, subject to the Trust's liquidity.

Top issuers

Commonwealth Bank of Australia
Westpac Banking Corporation
Macquarie Group
Australia and New Zealand Banking Group
National Australia Bank

As at 30 June 2022.

U Ethical Diversified Income Trust - Wholesale performance

For 30 June 2022

Fund 3 months % 6 months % 1 year Since inception Inception date Fund size (million)
Diversified Income Trust - Wholesale -1.79 -2.21 -1.15 2.93 1 July 2020 42.75
Benchmark* 0.94 1.60 2.90 2.74 - -


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

As at 27 Sep 2022

Funds Entry Exit
Diversified Income Trust - Wholesale 1.0302 1.026

Diversified Income Trust - Wholesale Distributions

Period To Cash cents per unit paid Non-cash cents per unit paid Total distribution cents per unit
30 June 2022 4.46 0.87 5.33
31 December 2021 0.35 N/A 0.35

For the full break down of all individual income components please refer to your tax statement

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