Enhanced Income Trust - Wholesale Wholesale

Aim: to generate income and preserve capital in accordance with U Ethical’s ethical investment policy and ethical investment and stewardship approach.

5.25%

1 year p.a.

6.54%

Since Inception p.a.

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  • Objective

    Outperform benchmark after fees over rolling 2-year periods.

  • Benchmark

    3 month Bank Bill Swap Rate +1%

  • Suggested minimum investment horizon

    2 years

  • Risk level

    Low

  • Inception date

    1 July 2020

  • Fund size

    $250.30m (as at 31 December 2023)

  • APIR code

    UGF1128AU

  • Minimum initial investment

    $500,000

  • Distribution frequency

    Half yearly (30 June, 31 December)

  • Management costs

    Estimated up to 0.70% p.a.1

  • Buy/sell spread

    0.05% / 0.05%

  • Additional contributions

    Anytime by BPAY or recurring direct debit

  • Redemptions

    Each business day2

  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

Bank of Queensland

Westpac Banking Corporation

Suncorp Group

Commonwealth Bank of Australia

As at 331 December 2023

*Only considers fixed-income securities

U Ethical Enhanced Income Trust - Wholesale performance

As at 31 December 2023

Enhanced Income Trust - Wholesale

Performance Benchmark
3 months % 1.80 1.35
6 months 3.10 2.66
1 year % 5.25 5.14
3 year % 1.61 2.98
5 year % 1.80 2.49
10 year % 2.45 2.45
20 year % 4.11 3.96
Inception % 6.54 5.80
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
1.80 3.10 5.25 1.61 1.80 2.45 4.11 6.54
Benchmark* 1.35 2.66 5.14 2.98 2.49 2.45 3.96 5.80

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 11 Apr 2024

Funds Entry Exit
Enhanced Income Trust - Wholesale 1.0137 1.0127

Quarterly performance reviews

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

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

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