Lincoln Wholesale Australian Income - Managed Fund

Fund Objective

Over the medium to long term; the Fund aims to provide its investors with: income above the yield of the Benchmark (see below); some capital.

Fund Strategy

The unique Lincoln research methodology involves rigorous analysis of company fundamentals to assess each prospective investment's Financial Health and strength. Drawing on both quantitative and qualitative research; Lincoln screens a broad range of companies listed on the ASX; including trusts that invest in listed shares.

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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	5.16%	6.87%	12.41%	8.97%	4.79%	5.01%	4.23%	4.99%
Growth return	5.16%	5.7%	8.85%	2.34%	-0.36%	-0.84%	-1.75%	-1.34%
Income return	0%	1.17%	3.56%	6.63%	5.15%	5.85%	5.98%	6.33%
Market index (S&P/ASX 200 TR AUD)
Total return	3.1%	7.03%	11.65%	14.74%	14.82%	13.04%	12.32%	9.87%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lincoln Wholesale Australian Income

Australian Equities: 50.48%

Cash: 0.31%

Fixed Interest: 32.22%

Alternatives: 16.99%

International Equities: 0%

Property & Infrastructure: 0%

Average Allocation of Peers

Australian Equities: 93.72%

Cash: -0.78%

Fixed Interest: 0.26%

Alternatives: 0.58%

International Equities: 4.82%

Property & Infrastructure: 1.41%

General Information

Fund Details

Type	Description
Fund Name	Lincoln Wholesale Australian Income (Wholesale)
Responsible Entity	Equity Trustees Ltd
APIR Code	ETL0324AU
Sector/Asset Class	Equity Australia Other
Morningstar Rating	(as at 28 Feb 2018)
Legal Structure	Investment Fund
Fund Inception	2 Apr 2012
Fund Size	$395.22 million (as at 31 May 2023)
Entry Price	$0.9557 (as at 16 Sep 2025)
Exit Price	$0.9509 (as at 16 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.95% (as at 3 Mar 2022)
Indirect Cost Ratio (ICR)	0.95% (as at 30 Jun 2019)
Performance fee (not included in ICR)	0
Minimum initial investment	$250,000
Minimum redemption amount	$1,000.00

Top 10 holdings (as at 28 Feb 2021)

Holding (as at 28 Feb 2021)	Type	% of Portfolio
Fortescue Metals Group Ltd	Equity	3.29%
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FAQs about the Lincoln Wholesale Australian Income

What is the objective of the Lincoln Wholesale Australian Income managed fund?

The objective of the Lincoln Wholesale Australian Income managed fund is Over the medium to long term; the Fund aims to provide its investors with: income above the yield of the Benchmark (see below); some capital.

What is the strategy for the Lincoln Wholesale Australian Income managed fund?

The strategy of the Lincoln Wholesale Australian Income managed fund is The unique Lincoln research methodology involves rigorous analysis of company fundamentals to assess each prospective investment's Financial Health and strength. Drawing on both quantitative and qualitative research; Lincoln screens a broad range of companies listed on the ASX; including trusts that invest in listed shares.

What is the APIR code of the Lincoln Wholesale Australian Income managed fund?

The APIR code of the Lincoln Wholesale Australian Income managed fund is ETL0324AU.

What was Lincoln Wholesale Australian Income’s total return last month?

Lincoln Wholesale Australian Income’s total return last month was 5.16%. This was made up of a growth return of 5.16% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was Lincoln Wholesale Australian Income’s total return for the last three months?

Lincoln Wholesale Australian Income’s total return for the last three months was 6.87%. This was made up of a growth return of 5.7% and an income return of 1.17%%. These returns were calculated as at 31 Aug 2025.

What is Lincoln Wholesale Australian Income’s one-year total return?

Lincoln Wholesale Australian Income’s one-year total return is 8.97%. This was made up of a growth return of 2.34% and an income return of 6.63%. These returns were calculated as at 31 Aug 2025.

What is Lincoln Wholesale Australian Income’s three-year total return?

Lincoln Wholesale Australian Income’s one-year total return is 5.01%. This was made up of a growth return of -0.84% and an income return of 5.85%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the Lincoln Wholesale Australian Income managed fund?

The asset allocation of the Lincoln Wholesale Australian Income managed fund is :

Australian Equities: 50.48%

Cash: 0.31%

Fixed Interest: 32.22%

Alternatives: 16.99%

International Equities: 0%

Property & Infrastructure: 0%

Who is the responsible Entity of the Lincoln Wholesale Australian Income managed fund?

The Responsible Entity for the Lincoln Wholesale Australian Income managed fund is Equity Trustees Ltd.

What sector/asset class does the Lincoln Wholesale Australian Income managed fund belong to?

The Lincoln Wholesale Australian Income managed fund belongs to the Equity Australia Other sector/asset class.

What is the size of the Lincoln Wholesale Australian Income managed fund?

As at 31 May 2023, the size of the Lincoln Wholesale Australian Income managed fund was $395.22 million.

What is the inception date of the Lincoln Wholesale Australian Income managed fund?

The Lincoln Wholesale Australian Income managed fund has an inception date of 2 Apr 2012.

What is the current entry price of the Lincoln Wholesale Australian Income managed fund?

The current entry price of the Lincoln Wholesale Australian Income managed fund is $0.9557 per unit and the current exit price is $0.9509 per unit (as at 16 Sep 2025).

What is the current exit price of the Lincoln Wholesale Australian Income managed fund?

The current exit price of the Lincoln Wholesale Australian Income managed fund is $0.9509 per unit and the current entry price is $0.9557 per unit (as at 16 Sep 2025).

What is the minimum investment amount for the Lincoln Wholesale Australian Income managed fund?

The minimum initial investment amount for the Lincoln Wholesale Australian Income managed fund is $250,000.

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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