Yarra Income Plus Fund
Economists Are Idiots! |
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100369-2023-03-22-03:19.pdf |
FUND MANAGER | Yarra Funds Management |
ASX Code | |
APIR | JBW0016AU |
ASSET CLASS | MULTI-ASSET |
INVESTMENT STYLE | An active manager of diversified portfolios aiming to select a mix of asset classes that will maximise the income paid by the Fund. |
INVESTMENT PROFILE | The Fund aims to deliver regular income and to achieve medium-term capital growth over a 3-5 year time horizon. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 01-05-1998 |
BENCHMARK | Bloomberg AusBond Bank Bill Index |
FUND SIZE | Bloomberg AusBond Bank Bill Index |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 0.68% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Yarra Income Plus FundA summary of the significant features and benefits of investing in the Fund is as follows:
Risk levelLow to Medium Investor suitabilityThe Fund may be suitable to investors that have a medium term' buy and hold investment time frame (i.e. a recommended minimum term of 3 to 5 years), who seek returns that are in line with the objective of the Fund and who have a risk tolerance in line with the Funds summary risk level. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
Investment objectiveTo provide regular income and to achieve medium term capital growth through exposure to cash, money market products, domestic fixed interest and a range of high yielding investments, including domestic hybrid investments, property, infrastructure and utilities securities and international fixed interest assets. In doing so, the aim is to outperform the Bloomberg AusBond Bank Bill Index over rolling three-year period. Investment approachAs an active manager of diversified portfolios, we aim to select a mix of asset classes that will maximise the income paid by the Fund. In order to achieve this objective, the team of investment professionals focuses on choosing an optimal mix of asset classes. This detailed analysis incorporates key factors such as asset valuations, momentum in economic activity, expectations around inflation, along with the outlook for government spending and interest rates. Portfolios are constructed in accordance with strict investment limits for each asset class in order to minimise or control risk. This disciplined approach to risk control, combined with a thorough analysis of asset classes, enables the team to create diversified portfolios that best meet the investment objective. To gain exposure to the relevant asset classes, the Income Plus Pooled Fund may invest in other managed investment schemes or products (that may have investment management functions performed by YFM or hold assets directly. |
Mandate
How we invest your moneyThe Fund has exposure to a range of asset classes including property, infrastructure and utilities securities, hybrid investments, floating rate investments, government and corporate bonds, high yield debt products, and cash and cash equivalents within the following parameters:
*Diversified Credit represents an investment which seeks to generate an enhanced floating rate income from investing in a diversified multi asset pool of credit, blending investment grade, high yield, liquid and less-liquid assets across multiple credit security types and currencies which may include hybrids, floating rate securities, fixed interest securities and cash. International fixed interest and other interest bearing assets may be utilised. Derivatives to manage investment risk and gain or reduce exposure to relevant markets in an efficient manner whilst still remaining within allowable asset allocation ranges. |