Enhanced Income Trust - Wholesale Wholesale

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

-1.93%

1 year p.a.

6.60%

Since Inception p.a.

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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)

  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*

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

U Ethical Enhanced Income Trust - Wholesale performance

For 30 September 2022

Fund 3 months % 6 months % 1 year % 3 years % p.a. 5 years % p.a. 10 years % p.a. Since inception % p.a. Inception date Fund size (million)
Enhanced Income Trust - Wholesale 0.31 -0.89 -1.93 0.36 1.24 2.42 6.60 June 1985 378.79
Benchmark* 0.89 1.45 2.01 1.42 1.79 2.23 5.83 - -


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 24 Nov 2022

Funds Entry Exit
Enhanced Income Trust - Wholesale 0.9869 0.9859

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.

Enhanced 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 0.39 0.03 0.42
31 December 2021 0.17 N/A 0.17

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

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