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 BPAY or recurring 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%
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APIR code
UGF8935AU
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Fund size
$42.75m (as at 30 June 2022)
- No fees for establishment, contributions, redemptions or exit. Management costs apply
- 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.
Good Returns news
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 |
Quarterly performance review
Our Quarterly performance reviews include fund performance, an asset allocation breakdown and commentary from portfolio managers.
- U Ethical Diversified Income Trust - Wholesale March 2022 Quarterly Performance Review pdf, 118.20 KB
- U Ethical Diversified Income Trust - Wholesale December 2021 Quarterly Performance Review pdf, 117.40 KB
- U Ethical Diversified Income Trust - Wholesale September 2021 Quarterly Performance Review pdf, 130.91 KB
- U Ethical Diversified Income Trust Wholesale June 2022 Quarterly Performance Review pdf, 117.87 KB
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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