Investors Mutual Equity Income - Managed Fund

Fund Objective

To provide a distribution yield (after fees and expenses and before taxes) which exceeds a yield of 2% above that of the S&P/ASX 300 Accumulation Index on a rolling four year basis.

Fund Strategy

The Fund will invest in a diversified portfolio of quality high yielding ASX listed Australian and New Zealand shares, hybrids, bought and sold options and cash.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-2.31%	-1.08%	4.29%	14.33%	9.03%	8.19%	5.57%	6.16%
Growth return	-2.31%	-2.6%	0.83%	7.09%	2.04%	1.31%	-1.3%	-1.29%
Income return	0%	1.52%	3.46%	7.24%	6.99%	6.88%	6.87%	7.45%
Market index (S&P/ASX 200 TR AUD)
Total return	-1.31%	2.1%	8.44%	24.89%	13.39%	8.01%	8.17%	8.32%

As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Investors Mutual Equity Income

Australian Equities: 78.37%

Cash: 21.48%

Property: 0.15%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 93.29%

Cash: -0.11%

Property: 2.11%

International Equities: 4.30%

Fixed Interest: 0.40%

Alternatives: 0.01%

General Information

Fund Details

Type	Description
Fund Name	Investors Mutual Equity Income (Wholesale)
Responsible Entity	Investors Mutual Limited
APIR Code	IML0005AU
Sector/Asset Class	Australia Equity Income
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	1 May 2004
Fund Size	$500.75 million (as at 31 Oct 2024)
Entry Price	$0.9537 (as at 20 Nov 2024)
Exit Price	$0.9489 (as at 20 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.99% (as at 20 Mar 2024)
Indirect Cost Ratio (ICR)	0.99% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0
Minimum initial investment	$50,000
Minimum additional investments	$5,000.00
Minimum redemption amount	$5,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024)	Type	% of Portfolio
BHP Group Ltd	Equity	7.72%
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FAQs about the Investors Mutual Equity Income

What is the objective of the Investors Mutual Equity Income managed fund?

The objective of the Investors Mutual Equity Income managed fund is To provide a distribution yield (after fees and expenses and before taxes) which exceeds a yield of 2% above that of the S&P/ASX 300 Accumulation Index on a rolling four year basis.

What is the strategy for the Investors Mutual Equity Income managed fund?

The strategy of the Investors Mutual Equity Income managed fund is The Fund will invest in a diversified portfolio of quality high yielding ASX listed Australian and New Zealand shares, hybrids, bought and sold options and cash.

What is the APIR code of the Investors Mutual Equity Income managed fund?

The APIR code of the Investors Mutual Equity Income managed fund is IML0005AU.

What was Investors Mutual Equity Income’s total return last month?

Investors Mutual Equity Income’s total return last month was -2.31%. This was made up of a growth return of -2.31% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was Investors Mutual Equity Income’s total return for the last three months?

Investors Mutual Equity Income’s total return for the last three months was -1.08%. This was made up of a growth return of -2.6% and an income return of 1.52%%. These returns were calculated as at 31 Oct 2024.

What is Investors Mutual Equity Income’s one-year total return?

Investors Mutual Equity Income’s one-year total return is 14.33%. This was made up of a growth return of 7.09% and an income return of 7.24%. These returns were calculated as at 31 Oct 2024.

What is Investors Mutual Equity Income’s three-year total return?

Investors Mutual Equity Income’s one-year total return is 8.19%. This was made up of a growth return of 1.31% and an income return of 6.88%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Investors Mutual Equity Income managed fund?

The asset allocation of the Investors Mutual Equity Income managed fund is :

Australian Equities: 78.37%

Cash: 21.48%

Property: 0.15%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Investors Mutual Equity Income managed fund?

The Responsible Entity for the Investors Mutual Equity Income managed fund is Investors Mutual Limited.

What sector/asset class does the Investors Mutual Equity Income managed fund belong to?

The Investors Mutual Equity Income managed fund belongs to the Australia Equity Income sector/asset class.

What is the size of the Investors Mutual Equity Income managed fund?

As at 31 Oct 2024, the size of the Investors Mutual Equity Income managed fund was $500.75 million.

What is the inception date of the Investors Mutual Equity Income managed fund?

The Investors Mutual Equity Income managed fund has an inception date of 1 May 2004.

What is the current entry price of the Investors Mutual Equity Income managed fund?

The current entry price of the Investors Mutual Equity Income managed fund is $0.9537 per unit and the current exit price is $0.9489 per unit (as at 20 Nov 2024).

What is the current exit price of the Investors Mutual Equity Income managed fund?

The current exit price of the Investors Mutual Equity Income managed fund is $0.9489 per unit and the current entry price is $0.9537 per unit (as at 20 Nov 2024).

What is the minimum investment amount for the Investors Mutual Equity Income managed fund?

The minimum initial investment amount for the Investors Mutual Equity Income managed fund is $50,000. 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.

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