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  5. FIIG Monthly Income Fund - Managed fund profile

FIIG Monthly Income Fund - Managed Fund

Fund Objective
The aim of the portfolio is to preserve capital; generate regular income and deliver an income return of 2% per annum above the Bloomberg AusBond Bank Bill Index. This strategy is designed for investors who want the potential for regular income and capital stability.
Fund Strategy
The Fund's asset exposure is actively managed with the goal of protecting investor capital and generating recurring monthly income. The Fund aims to achieve a steady stream of income by focusing on shorter-term; investment-grade bonds with limited sector switching. While prioritizing reliable income; the Fund may incorporate a strategic allocation to higher-yielding bonds for potentially increased returns. Careful management of bond maturities and optimising credit quality with yield generation is the central task of the Investment Manager.

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 0.77% -% -% -% -% -% -% -%
Growth return 0.77% -% -% -% -% -% -% -%
Income return 0% -% -% -% -% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.51% -0.26% 2.75% 2.93% 3.99% -0.79% -0.18% 1.97%
As at 31 Dec 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
92.47%
Australian Equities
1.30%
International Equities
0.54%
Cash
5.58%
Property
0.06%
Alternatives
0.04%

General Information

Fund Details
Type Description
FIIG Monthly Income Fund
Equity Trustees Ltd
ETL6333AU
Bonds - Australia
Not Rated
Investment Fund
1 Oct 2024
n/a
$1.0115 (as at 21 Jan 2025)
$1.01 (as at 21 Jan 2025)
Open
Offer information
Type Description
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00

FAQs about the FIIG Monthly Income Fund

The objective of the FIIG Monthly Income Fund managed fund is The aim of the portfolio is to preserve capital; generate regular income and deliver an income return of 2% per annum above the Bloomberg AusBond Bank Bill Index. This strategy is designed for investors who want the potential for regular income and capital stability.

The strategy of the FIIG Monthly Income Fund managed fund is The Fund's asset exposure is actively managed with the goal of protecting investor capital and generating recurring monthly income. The Fund aims to achieve a steady stream of income by focusing on shorter-term; investment-grade bonds with limited sector switching. While prioritizing reliable income; the Fund may incorporate a strategic allocation to higher-yielding bonds for potentially increased returns. Careful management of bond maturities and optimising credit quality with yield generation is the central task of the Investment Manager.

The APIR code of the FIIG Monthly Income Fund managed fund is ETL6333AU.

FIIG Monthly Income Fund’s total return last month was 0.77%. This was made up of a growth return of 0.77% and an income return of 0%. These returns were calculated as at 31 Dec 2024.

FIIG Monthly Income Fund’s total return for the last three months was -%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Dec 2024.

FIIG Monthly Income Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2024.

FIIG Monthly Income Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2024.

The asset allocation of the FIIG Monthly Income Fund managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The Responsible Entity for the FIIG Monthly Income Fund managed fund is Equity Trustees Ltd.

The FIIG Monthly Income Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at , the size of the FIIG Monthly Income Fund managed fund was $ million.

The FIIG Monthly Income Fund managed fund has an inception date of 1 Oct 2024.

The current entry price of the FIIG Monthly Income Fund managed fund is $1.0115 per unit and the current exit price is $1.01 per unit (as at 21 Jan 2025).

The current exit price of the FIIG Monthly Income Fund managed fund is $1.01 per unit and the current entry price is $1.0115 per unit (as at 21 Jan 2025).

The minimum initial investment amount for the FIIG Monthly Income Fund managed fund is $10,000. Minimum additional investment is $1000.

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.