Prime Value Diversified High Income - Managed Fund

Fund Objective

The Fund aims to provide regular income with medium risk exposure. The Fund targets a return to investors of the RBA Cash Rate plus a margin of 4.0% p.a. This return may vary from quarter to quarter depending on the market and as funds are invested.

Fund Strategy

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	0.42%	1.14%	-1.01%	0.15%	3.14%	4.44%	4.72%	-%
Growth return	-0.14%	-0.52%	-4.21%	-6.09%	-3.04%	-1.46%	-0.9%	-%
Income return	0.56%	1.66%	3.2%	6.24%	6.18%	5.9%	5.62%	-%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return	0.37%	1.12%	2.23%	4.45%	4.05%	2.94%	1.87%	1.92%

As at 31 Oct 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: 73.37%

Australian Equities: 0.39%

International Equities: 0.05%

Cash: 26.17%

Alternatives: 0.03%

General Information

Fund Details

Type	Description
Fund Name	Prime Value Diversified High Income
Responsible Entity	Prime Value Asset Management
APIR Code	PVA1362AU
Sector/Asset Class	Australian Short Term Fixed Interest
Morningstar Rating	(as at 30 Sep 2024)
Legal Structure	Investment Fund
Fund Inception	1 Aug 2019
Fund Size	$172.89 million (as at 20 Nov 2024)
Entry Price	$0.9578 (as at 20 Nov 2024)
Exit Price	$0.9578 (as at 20 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.97% (as at 31 Jul 2024)
Indirect Cost Ratio (ICR)	1.86% (as at 30 Jun 2022)
Performance fee (not included in ICR)	0.24
Minimum initial investment	$50,000
Minimum additional investments	$5,000.00

FAQs about the Prime Value Diversified High Income

What is the objective of the Prime Value Diversified High Income managed fund?

The objective of the Prime Value Diversified High Income managed fund is The Fund aims to provide regular income with medium risk exposure. The Fund targets a return to investors of the RBA Cash Rate plus a margin of 4.0% p.a. This return may vary from quarter to quarter depending on the market and as funds are invested.

What is the strategy for the Prime Value Diversified High Income managed fund?

The strategy of the Prime Value Diversified High Income managed fund is The Fund aims to provide regular income with medium risk exposure. The Fund targets a return to investors of the RBA Cash Rate plus a margin of 4.0% p.a. This return may vary from quarter to quarter depending on the market and as funds are invested.

What is the APIR code of the Prime Value Diversified High Income managed fund?

The APIR code of the Prime Value Diversified High Income managed fund is PVA1362AU.

What was Prime Value Diversified High Income’s total return last month?

Prime Value Diversified High Income’s total return last month was 0.42%. This was made up of a growth return of -0.14% and an income return of 0.56%. These returns were calculated as at 31 Oct 2024.

What was Prime Value Diversified High Income’s total return for the last three months?

Prime Value Diversified High Income’s total return for the last three months was 1.14%. This was made up of a growth return of -0.52% and an income return of 1.66%%. These returns were calculated as at 31 Oct 2024.

What is Prime Value Diversified High Income’s one-year total return?

Prime Value Diversified High Income’s one-year total return is 0.15%. This was made up of a growth return of -6.09% and an income return of 6.24%. These returns were calculated as at 31 Oct 2024.

What is Prime Value Diversified High Income’s three-year total return?

Prime Value Diversified High Income’s one-year total return is 4.44%. This was made up of a growth return of -1.46% and an income return of 5.9%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Prime Value Diversified High Income managed fund?

The asset allocation of the Prime Value Diversified High Income managed fund is :

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Alternatives: 0%

Who is the responsible Entity of the Prime Value Diversified High Income managed fund?

The Responsible Entity for the Prime Value Diversified High Income managed fund is Prime Value Asset Management.

What sector/asset class does the Prime Value Diversified High Income managed fund belong to?

The Prime Value Diversified High Income managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

What is the size of the Prime Value Diversified High Income managed fund?

As at 20 Nov 2024, the size of the Prime Value Diversified High Income managed fund was $172.89 million.

What is the inception date of the Prime Value Diversified High Income managed fund?

The Prime Value Diversified High Income managed fund has an inception date of 1 Aug 2019.

What is the current entry price of the Prime Value Diversified High Income managed fund?

The current entry price of the Prime Value Diversified High Income managed fund is $0.9578 per unit and the current exit price is $0.9578 per unit (as at 20 Nov 2024).

What is the current exit price of the Prime Value Diversified High Income managed fund?

The current exit price of the Prime Value Diversified High Income managed fund is $0.9578 per unit and the current entry price is $0.9578 per unit (as at 20 Nov 2024).

What is the minimum investment amount for the Prime Value Diversified High Income managed fund?

The minimum initial investment amount for the Prime Value Diversified High 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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