Enhanced Income Trust - Wholesale

Products and performance
Enhanced Income Trust - Wholesale

Enhanced Income Trust - Wholesale Wholesale

Aim: to generate income and preserve capital in accordance with U Ethical’s ethical investment policy and ethical investment and stewardship approach.

3.31%

1 year p.a.

6.55%

Since Inception p.a.

Enhanced Income Trust (Wholesale) - fact sheet (June 2023)

Objective

Outperform benchmark after fees over rolling 2-year periods.
Benchmark

3 month Bank Bill Swap Rate +1%
Suggested minimum investment horizon

2 years
Risk level

Low
Inception date

1 July 2020
Fund size

$336.877m (as at 30 June 2023)
APIR code

UGF1128AU
Minimum initial investment

$500,000
Distribution frequency

Half yearly (30 June, 31 December)
Management costs

Estimated up to 0.70% p.a.¹
Buy/sell spread

0.05% / 0.05%
Additional contributions

Anytime by BPAY or recurring direct debit
Redemptions

Each business day²

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*

National Australia Bank

Bank of Queensland

Westpac Banking Corporation

Australia & New Zealand Bank Group

Treasury Corp of Victoria

As at 30 June 2023

*Only considers fixed-income securities

How to invest

Follow the investment application steps

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Good Returns news

U Ethical Enhanced Income Trust - Wholesale performance

As at 30 June 2023

Enhanced Income Trust - Wholesale

	Performance	Benchmark
3 months %	0.66	1.26
6 months	2.08	2.41
1 year %	3.31	4.40
3 year %	0.82	2.26
5 year %	1.45	2.18
10 year %	2.35	2.33
20 year %	4.07	3.92
Inception %	6.55	5.80

Funds	3 months %	6 months %	1 year %	3 year % p.a.	5 year % p.a.	10 year % p.a.	20 year % p.a.	Inception % p.a.
Enhanced Income Trust - Wholesale 1 July 2020	0.66	2.08	3.31	0.82	1.45	2.35	4.07	6.55
Benchmark*	1.26	2.41	4.40	2.26	2.18	2.33	3.92	5.80

Past performance is not indicative of future performance. Based on exit price with distributions reinvested, and are net of all fees.
*Prior to May 19 2021, the Enhanced Income Trust - Wholesale was called the Enhanced Cash Trust - Wholesale. From March 1990 to 30 June 2020, performance is that of the U Ethical Enhanced Cash Portfolio (the Portfolio) calculated upon distributions reinvested quarterly, including franking credits and benchmarked against 50% Bloomberg AusBond Bank Bill index/50% AusBond composite 0-3year index. On 1 July 2020, the Portfolio was transferred into a unit trust, the U Ethical Enhanced Income Trust (Wholesale) benchmarked against the 3 Month Bank Bill Swap Rate +1.00% index, excluding franking credits. Where time horizons require, performance reflected is a blend of the two products and benchmarks stated.