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  5. Prime Value SIV Enhanced Income Fund - Managed fund profile

Prime Value SIV Enhanced Income Fund - Managed Fund

Fund Objective
The Fund aims to provide a regular income with capital stability.
Fund Strategy
The Fund may be comprised of the following investment categories: Cash Corporate/bank issued floating rate notes listed on an Australian securities exchange, and Corporate/bank bonds or notes issued by an Australian exchange listed entity or investment grade1 rated Australian corporate bonds or notes rated by an AFS licensed debt rating agency.

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 0.32% 1.94% 2.96% 5.54% 4.59% 2.62% 1.86% 2.79%
Growth return 0.32% 0.93% -0.21% 0.28% 1.43% 0.25% -0.59% -0.01%
Income return 0% 1.01% 3.17% 5.26% 3.16% 2.37% 2.45% 2.8%
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

Prime Value SIV Enhanced Income Fund
Australian Equities
15.65%
Cash
1.94%
Fixed Interest
82.41%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
0.39%
Cash
26.01%
Fixed Interest
73.53%
International Equities
0.05%
Alternatives
0.03%

General Information

Fund Details
Type Description
Prime Value SIV Enhanced Income Fund (Wholesale)
Prime Value Asset Management
PVA0088AU
Australian Short Term Fixed Interest
starstarstar (as at 30 Sep 2024)
Investment Fund
3 Jun 2014
$35.65 million (as at 20 Nov 2024)
$1.0036 (as at 20 Nov 2024)
$1.0032 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.60% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 0.60% (as at 30 Jun 2022)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
Westpac Banking Corp. Bond - Corporate Bond 31.67%
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FAQs about the Prime Value SIV Enhanced Income Fund

The objective of the Prime Value SIV Enhanced Income Fund managed fund is The Fund aims to provide a regular income with capital stability.

The strategy of the Prime Value SIV Enhanced Income Fund managed fund is The Fund may be comprised of the following investment categories: Cash Corporate/bank issued floating rate notes listed on an Australian securities exchange, and Corporate/bank bonds or notes issued by an Australian exchange listed entity or investment grade1 rated Australian corporate bonds or notes rated by an AFS licensed debt rating agency.

The APIR code of the Prime Value SIV Enhanced Income Fund managed fund is PVA0088AU.

Prime Value SIV Enhanced Income Fund’s total return last month was 0.32%. This was made up of a growth return of 0.32% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Prime Value SIV Enhanced Income Fund’s total return for the last three months was 1.94%. This was made up of a growth return of 0.93% and an income return of 1.01%%. These returns were calculated as at 31 Oct 2024.

Prime Value SIV Enhanced Income Fund’s one-year total return is 5.54%. This was made up of a growth return of 0.28% and an income return of 5.26%. These returns were calculated as at 31 Oct 2024.

Prime Value SIV Enhanced Income Fund’s one-year total return is 2.62%. This was made up of a growth return of 0.25% and an income return of 2.37%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Prime Value SIV Enhanced Income Fund managed fund is :

Australian Equities
15.65%
Cash
1.94%
Fixed Interest
82.41%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Prime Value SIV Enhanced Income Fund managed fund is Prime Value Asset Management.

The Prime Value SIV Enhanced Income Fund managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 20 Nov 2024, the size of the Prime Value SIV Enhanced Income Fund managed fund was $35.65 million.

The Prime Value SIV Enhanced Income Fund managed fund has an inception date of 3 Jun 2014.

The current entry price of the Prime Value SIV Enhanced Income Fund managed fund is $1.0036 per unit and the current exit price is $1.0032 per unit (as at 20 Nov 2024).

The current exit price of the Prime Value SIV Enhanced Income Fund managed fund is $1.0032 per unit and the current entry price is $1.0036 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Prime Value SIV Enhanced Income Fund managed fund is $500,000. 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.