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  5. DNR Capital Australian Equities Income - Managed fund profile

DNR Capital Australian Equities Income - Managed Fund

Fund Objective
The Fund's investment objective is to invest in a portfolio of Australian equities that aims to outperform the Benchmark (net of fees) and deliver higher levels of income relative to the Benchmark over a rolling three-year period. The investment objective is not a forecast of the Fund's performance.
Fund Strategy
The Fund seeks to identify quality medium to long-term investments delivering sustainable, growing income. The Fund seeks to invest in a selection of securities that have high and sustainable dividend capability, strong profit-to-cash conversion, and relatively assured earnings growth.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.34% -1.98% 2.83% 7.44% 7.88% 6.11% -% -%
Growth return 1.99% -2.81% 1.21% 3.72% 4.25% 2.75% -% -%
Income return 0.35% 0.83% 1.62% 3.72% 3.63% 3.36% -% -%
Market index (S&P/ASX 200 TR AUD )
Total return 1.01% -1.05% 4.22% 12.1% 13.43% 6.37% 7.26% 8.06%
As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

DNR Capital Australian Equities Income
Australian Equities
89.25%
Cash
4.45%
Property
6.31%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
92.04%
Cash
0.34%
Property
2.96%
International Equities
4.24%
Fixed Interest
0.41%
Alternatives
0.02%

General Information

Fund Details
Type Description
DNR Capital Australian Equities Income
The Trust Company (RE Services) Limited
PIM8302AU
Australia Equity Income
starstarstar (as at 30 Jun 2024)
Investment Fund
11 Mar 2020
$165.04 million (as at 23 Jul 2024)
$1.444 (as at 23 Jul 2024)
$1.4382 (as at 23 Jul 2024)
Open
Offer information
Type Description
MER 0.90% (as at 19 Jun 2024)
Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
CSL Ltd Equity 13.02%
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FAQs about the DNR Capital Australian Equities Income

The objective of the DNR Capital Australian Equities Income managed fund is The Fund's investment objective is to invest in a portfolio of Australian equities that aims to outperform the Benchmark (net of fees) and deliver higher levels of income relative to the Benchmark over a rolling three-year period. The investment objective is not a forecast of the Fund's performance.

The strategy of the DNR Capital Australian Equities Income managed fund is The Fund seeks to identify quality medium to long-term investments delivering sustainable, growing income. The Fund seeks to invest in a selection of securities that have high and sustainable dividend capability, strong profit-to-cash conversion, and relatively assured earnings growth.

The APIR code of the DNR Capital Australian Equities Income managed fund is PIM8302AU.

DNR Capital Australian Equities Income’s total return last month was 2.34%. This was made up of a growth return of 1.99% and an income return of 0.35%. These returns were calculated as at 30 Jun 2024.

DNR Capital Australian Equities Income’s total return for the last three months was -1.98%. This was made up of a growth return of -2.81% and an income return of 0.83%%. These returns were calculated as at 30 Jun 2024.

DNR Capital Australian Equities Income’s one-year total return is 7.44%. This was made up of a growth return of 3.72% and an income return of 3.72%. These returns were calculated as at 30 Jun 2024.

DNR Capital Australian Equities Income’s one-year total return is 6.11%. This was made up of a growth return of 2.75% and an income return of 3.36%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the DNR Capital Australian Equities Income managed fund is :

Australian Equities
89.25%
Cash
4.45%
Property
6.31%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the DNR Capital Australian Equities Income managed fund is The Trust Company (RE Services) Limited.

The DNR Capital Australian Equities Income managed fund belongs to the Australia Equity Income sector/asset class.

As at 23 Jul 2024, the size of the DNR Capital Australian Equities Income managed fund was $165.04 million.

The DNR Capital Australian Equities Income managed fund has an inception date of 11 Mar 2020.

The current entry price of the DNR Capital Australian Equities Income managed fund is $1.444 per unit and the current exit price is $1.4382 per unit (as at 23 Jul 2024).

The current exit price of the DNR Capital Australian Equities Income managed fund is $1.4382 per unit and the current entry price is $1.444 per unit (as at 23 Jul 2024).

The minimum initial investment amount for the DNR Capital Australian Equities Income managed fund is $20,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.