InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Generation Life Yarra Enhanced Income - Managed fund profile

Generation Life Yarra Enhanced Income - Managed Fund

Fund Objective
Aims to earn higher returns than traditional cash management and fixed income investments (over the medium-to-long-term) through exposure to a diversified portfolio of hybrid (debt/equity) and fixed income securities. The fund is expected to produce less volatile returns that are inherent in equity markets; while offering modest capital growth and some franking credits.
Fund Strategy
The approach is research-driven; utilising the manager's comprehensive research process and taking into account the broad economic and market environment as well as specific investment details. The fund invests in a range of high yielding fixed income and hybrid securities.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.39% 1.27% 2.58% 3.88% 3.52% 0.94% 0.27% 1.08%
Growth return 0.39% 1.27% 2.58% 3.88% 3.52% 0.94% 0.27% 1.08%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.38% 0.68% 1.21% 2.95% 2.88% -1.22% -0.74% 1.67%
As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Life Yarra Enhanced Income
Australian Equities
6.01%
Cash
6.58%
Fixed Interest
87.17%
Alternatives
0.24%
International Equities
0%
Property
0%
Average Allocation of Peers
Australian Equities
0.66%
Cash
6.74%
Fixed Interest
89.93%
Alternatives
2.12%
International Equities
0.56%
Property
0%

General Information

Fund Details
Type Description
Generation Life Yarra Enhanced Income
Austock Life Limited
ALL0017AU
Diversified Credit
Not Rated
Investment Fund
13 Aug 2004
$10.88 million (as at 31 Dec 2024)
$1.6075 (as at 5 Feb 2025)
$1.6043 (as at 5 Feb 2025)
Open
Offer information
Type Description
Standard entry fee 4%
MER 1.05% (as at 19 Apr 2024)
Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
ANZ Holdings (New Zealand) Ltd Co. Bond - Corporate Bond 2.60%
Login now to view the complete list of holdings.

FAQs about the Generation Life Yarra Enhanced Income

The objective of the Generation Life Yarra Enhanced Income managed fund is Aims to earn higher returns than traditional cash management and fixed income investments (over the medium-to-long-term) through exposure to a diversified portfolio of hybrid (debt/equity) and fixed income securities. The fund is expected to produce less volatile returns that are inherent in equity markets; while offering modest capital growth and some franking credits.

The strategy of the Generation Life Yarra Enhanced Income managed fund is The approach is research-driven; utilising the manager's comprehensive research process and taking into account the broad economic and market environment as well as specific investment details. The fund invests in a range of high yielding fixed income and hybrid securities.

The APIR code of the Generation Life Yarra Enhanced Income managed fund is ALL0017AU.

Generation Life Yarra Enhanced Income’s total return last month was 0.39%. This was made up of a growth return of 0.39% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

Generation Life Yarra Enhanced Income’s total return for the last three months was 1.27%. This was made up of a growth return of 1.27% and an income return of 0%%. These returns were calculated as at 31 Jan 2025.

Generation Life Yarra Enhanced Income’s one-year total return is 3.88%. This was made up of a growth return of 3.88% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

Generation Life Yarra Enhanced Income’s one-year total return is 0.94%. This was made up of a growth return of 0.94% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

The asset allocation of the Generation Life Yarra Enhanced Income managed fund is :

Australian Equities
6.01%
Cash
6.58%
Fixed Interest
87.17%
Alternatives
0.24%
International Equities
0%
Property
0%

The Responsible Entity for the Generation Life Yarra Enhanced Income managed fund is Austock Life Limited.

The Generation Life Yarra Enhanced Income managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Dec 2024, the size of the Generation Life Yarra Enhanced Income managed fund was $10.88 million.

The Generation Life Yarra Enhanced Income managed fund has an inception date of 13 Aug 2004.

The current entry price of the Generation Life Yarra Enhanced Income managed fund is $1.6075 per unit and the current exit price is $1.6043 per unit (as at 5 Feb 2025).

The current exit price of the Generation Life Yarra Enhanced Income managed fund is $1.6043 per unit and the current entry price is $1.6075 per unit (as at 5 Feb 2025).

The minimum initial investment amount for the Generation Life Yarra Enhanced Income managed fund is $500. 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.