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.
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
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.
- U Ethical Enhanced Income Trust - Wholesale June 2022 Quarterly Performance Review pdf, 119.92 KB
- U Ethical Enhanced Income Trust - Wholesale March 2022 Quarterly Performance Review pdf, 120.41 KB
- U Ethical Enhanced Income Trust - September 2022 Quarterly Performance Review pdf, 119.37 KB
- U Ethical Enhanced Income Trust Wholesale December 2022 Quarterly Performance Review pdf, 122.67 KB
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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