Enhanced Income Trust - W

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

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 electronic transfer or direct debit

  • Redemptions

    Each business day2

  • APIR code

    UGF1128AU

  • Inception date

    1 July 2020

  • Benchmark

    3 month Bank Bill Swap Rate +1%

  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 3.00 p.m. on a business day will be processed the next business day at the price applicable on the day of receipt of the request, subject to the Trust's liquidity.

Top fixed income exposures

National Australia Bank
Bank of Queensland
Macquarie Bank
Bendigo and Adelaide Bank
AMP Bank
Westpac Banking

As at 31 March 2021.

U Ethical Enhanced Income Trust - Wholesale income

For 31 March 2021

Fund 3 months % 6 months % Since inception Inception date Fund size (million)
Enhanced Income Trust - Wholesale 0.29 0.68 1.01 1 July 2020 482.82
Benchmark* 0.26 0.51 0.79 -


Past performance is not indicative of future performance. Based on exit price with distributions reinvested, and are net of all fees.
On 1 July 2020, the U Ethical Enhanced Cash Portfolio was transitioned to the U Ethical Enhanced Cash Trust - Wholesale. On May 19 2021, the name of the Trust was changed to the U Ethical Enhanced Income Trust - Wholesale.
*Benchmark is 3 Month BBSW + 1.00%

Unit price

As at 10 Jun 2021

Funds Entry Exit
Enhanced Income Trust - Wholesale 1.01 1.009

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 Cash Trust - Wholesale Distributions

Period To Cash cents per unit paid Non-cash cents per unit paid Total distribution cents per unit
31 December 2020 0.30 N/A 0.30

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

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