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  5. RMC Enhanced Income - Managed fund profile

RMC Enhanced Income - Managed Fund

Fund Objective
The Fund's investment objectives are to provide investors with a regular income stream through the payment of quarterly distributions, exposure to structured debt securities and a return (after fees) that exceeds the benchmark Bloomberg Ausbond Index by 4% per annum over rolling three year periods.
Fund Strategy
The Fund will invest in interest bearing debt securities with a preference for floating rate debt. Its primary focus will be on publicly-issued structured debt securities such as residential mortgage backed securities (RMBS) and privately-issued mortgage backed instruments such as credit risk retention and warehouse notes. The Fund may also invest in other fixed interest securities such as asset backed securities (ABS) and corporate floating rate notes (FRNs).

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 0.74% 2.16% 5.33% 11.78% 11.18% -% -% -%
Growth return 0.74% -0.26% 0.45% 1.63% 1.71% -% -% -%
Income return 0% 2.42% 4.88% 10.15% 9.47% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.93% 1.63% 1.16% 4.18% 3.85% 0.32% -0.59% 1.9%
As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

RMC Enhanced Income
Cash
3.78%
Fixed Interest
96.22%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
4.59%
Fixed Interest
93.76%
Australian Equities
1.07%
International Equities
0.47%
Property
0.06%
Alternatives
0.04%

General Information

Fund Details
Type Description
RMC Enhanced Income
EVO7097AU
Unconstrained Fixed Income
Not Rated
Investment Fund
30 Mar 2022
$15.27 million (as at 31 Jan 2025)
$1.0246 (as at 31 Jan 2025)
$1.0225 (as at 31 Jan 2025)
Open
Offer information
Type Description
MER 0.45% (as at 19 Apr 2024)
Indirect Cost Ratio (ICR) 0.62% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $100,000
Minimum additional investments $10,000.00

Top 10 holdings (as at 31 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
Premier Warehouse No.5 Z Note Bond - Undefined 18.67%
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FAQs about the RMC Enhanced Income

The objective of the RMC Enhanced Income managed fund is The Fund's investment objectives are to provide investors with a regular income stream through the payment of quarterly distributions, exposure to structured debt securities and a return (after fees) that exceeds the benchmark Bloomberg Ausbond Index by 4% per annum over rolling three year periods.

The strategy of the RMC Enhanced Income managed fund is The Fund will invest in interest bearing debt securities with a preference for floating rate debt. Its primary focus will be on publicly-issued structured debt securities such as residential mortgage backed securities (RMBS) and privately-issued mortgage backed instruments such as credit risk retention and warehouse notes. The Fund may also invest in other fixed interest securities such as asset backed securities (ABS) and corporate floating rate notes (FRNs).

The APIR code of the RMC Enhanced Income managed fund is EVO7097AU.

RMC Enhanced Income’s total return last month was 0.74%. This was made up of a growth return of 0.74% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

RMC Enhanced Income’s total return for the last three months was 2.16%. This was made up of a growth return of -0.26% and an income return of 2.42%%. These returns were calculated as at 31 Jan 2025.

RMC Enhanced Income’s one-year total return is 11.78%. This was made up of a growth return of 1.63% and an income return of 10.15%. These returns were calculated as at 31 Jan 2025.

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

The asset allocation of the RMC Enhanced Income managed fund is :

Cash
3.78%
Fixed Interest
96.22%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The RMC Enhanced Income managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 Jan 2025, the size of the RMC Enhanced Income managed fund was $15.27 million.

The RMC Enhanced Income managed fund has an inception date of 30 Mar 2022.

The current entry price of the RMC Enhanced Income managed fund is $1.0246 per unit and the current exit price is $1.0225 per unit (as at 31 Jan 2025).

The current exit price of the RMC Enhanced Income managed fund is $1.0225 per unit and the current entry price is $1.0246 per unit (as at 31 Jan 2025).

The minimum initial investment amount for the RMC Enhanced Income managed fund is $100,000. Minimum additional investment is $10000.

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.