Enhanced Income Trust - Wholesale

Products and performance
Enhanced Income Trust - Wholesale

Enhanced Income Trust - Wholesale Wholesale

A managed fund with investments including enhanced cash and fixed-income securities.

-1.03%

1 year p.a.

6.58%

Since Inception p.a.

Aim

To generate income and preserve capital while limiting harm and creating positive impact through the implementation of U Ethical’s ethical investment policy.

Objective

Compare favourably with comparable enhanced cash products.

Outperform benchmark after fees over rolling 2-year periods.

Benefits and risks

Suggested minimum investment horizon - 2 years
Low-risk profile
A diversified ethically screened portfolio

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

0.05% / 0.05%
Income distributions

Half yearly (30 June, 31 December)
Additional contributions

Anytime by BPAY or recurring direct debit
Redemptions

Each business day²
APIR code

UGF1128AU
Inception date

1 July 2020
Benchmark

3 month Bank Bill Swap Rate +1%
Fund size

$378.79m (as at 30 September 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.

Resources

Top issuers*

National Australia Bank

Commonwealth Bank of Australia

Westpac Banking Corporation

Bank of Queensland

Australia and New Zealand Banking Group

As at 30 June 2022.

*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

For 31 December 2022

Enhanced Income Trust - Wholesale

	Performance	Benchmark
3 months %	0.90	1.04
6 months	1.21	1.94
1 year %	-1.03	2.80
3 year %	0.47	1.73
5 year %	1.29	1.90
10 year %	2.38	2.25
20 year %	4.09	-
Inception %	6.58	5.81

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	0.90	1.21	-1.03	0.47	1.29	2.38	4.09	6.58
Benchmark*	1.04	1.94	2.80	1.73	1.90	2.25	-	5.81

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.

Unit price

As at 23 Mar 2023

Funds	Entry	Exit
Enhanced Income Trust - Wholesale	0.9951	0.9941

Quarterly performance review

Our Quarterly performance reviews include fund performance, an asset allocation breakdown and commentary from portfolio managers.

From 1 July 2020, assets of the U Ethical Enhanced Cash Portfolio were transferred into the U Ethical Enhanced Cash Trust (Wholesale), U Ethical Cash Management Trust (Wholesale) and U Ethical Diversified Income Trust (Wholesale). The product distribution data shown is for the U Ethical Enhanced Cash Portfolio up to 31 December 2019. On May 19 2021, the name of the Trust was changed to the U Ethical Enhanced Income Trust - Wholesale.