InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Western Asset Enhanced Income A - Managed fund profile

Western Asset Enhanced Income A - Managed Fund

Fund Objective
To target returns (before fees, charges and taxes) that exceed the Bloomberg AusBond Bank Bill Index ('Benchmark') by 1.5% - 2% per annum, when measured over rolling three-year periods.
Fund Strategy
The Fund employs an actively managed approach that is risk controlled and assimilates the top-down macro-economic views with fundamental and relative value views regarding industry and issuer opportunities in an effort to build and maintain a portfolio that seeks to generate strong risk-adjusted returns. Western Asset considers relative value in actively allocating across credit sectors and global and domestic markets.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% 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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.54% 1.83% 4.31% 9.89% 7.23% 3.64% -% -%
Growth return 0.54% 1.83% 4.31% 9.44% 7.02% 2.89% -% -%
Income return 0% 0% 0% 0.45% 0.21% 0.75% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD )
Total return 0.77% -0.84% 0.18% 3.68% 2.45% -2.06% -0.6% 2.19%
As at 30 Jun 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
93.06%
Australian Equities
1.33%
International Equities
0.53%
Cash
4.63%
Property
0.10%
Alternatives
0.35%

General Information

Fund Details
Type Description
Western Asset Enhanced Income A
SSB8484AU
Bonds - Australia
starstarstarstarstar (as at 30 Jun 2024)
Investment Fund
31 Mar 2021
$21.42 million (as at 25 Jul 2024)
$1.0995 (as at 25 Jul 2024)
$1.0973 (as at 25 Jul 2024)
Open
Offer information
Type Description
MER 0.15% (as at 30 Oct 2023)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $30,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Liberty Financial Proprietary Limited 8.1073% Bond - Corporate Bond 2.41%
Login now to view the complete list of holdings.

FAQs about the Western Asset Enhanced Income A

The objective of the Western Asset Enhanced Income A managed fund is To target returns (before fees, charges and taxes) that exceed the Bloomberg AusBond Bank Bill Index ('Benchmark') by 1.5% - 2% per annum, when measured over rolling three-year periods.

The strategy of the Western Asset Enhanced Income A managed fund is The Fund employs an actively managed approach that is risk controlled and assimilates the top-down macro-economic views with fundamental and relative value views regarding industry and issuer opportunities in an effort to build and maintain a portfolio that seeks to generate strong risk-adjusted returns. Western Asset considers relative value in actively allocating across credit sectors and global and domestic markets.

The APIR code of the Western Asset Enhanced Income A managed fund is SSB8484AU.

Western Asset Enhanced Income A’s total return last month was 0.54%. This was made up of a growth return of 0.54% and an income return of 0%. These returns were calculated as at 30 Jun 2024.

Western Asset Enhanced Income A’s total return for the last three months was 1.83%. This was made up of a growth return of 1.83% and an income return of 0%%. These returns were calculated as at 30 Jun 2024.

Western Asset Enhanced Income A’s one-year total return is 9.89%. This was made up of a growth return of 9.44% and an income return of 0.45%. These returns were calculated as at 30 Jun 2024.

Western Asset Enhanced Income A’s one-year total return is 3.64%. This was made up of a growth return of 2.89% and an income return of 0.75%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the Western Asset Enhanced Income A managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The Western Asset Enhanced Income A managed fund belongs to the Bonds - Australia sector/asset class.

As at 25 Jul 2024, the size of the Western Asset Enhanced Income A managed fund was $21.42 million.

The Western Asset Enhanced Income A managed fund has an inception date of 31 Mar 2021.

The current entry price of the Western Asset Enhanced Income A managed fund is $1.0995 per unit and the current exit price is $1.0973 per unit (as at 25 Jul 2024).

The current exit price of the Western Asset Enhanced Income A managed fund is $1.0973 per unit and the current entry price is $1.0995 per unit (as at 25 Jul 2024).

The minimum initial investment amount for the Western Asset Enhanced Income A managed fund is $30,000. 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.