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  5. Yarra Higher Income Fund - Managed fund profile

Yarra Higher Income Fund - Managed Fund

Fund Objective
Over the medium-to-long term, the Fund seeks to earn higher returns than traditional fixed income by investing in a highly diversified floating rate portfolio of predominantly Australian domiciled credit securities.
Fund Strategy
The Fund's investment strategy is to invest in a multi-sector credit portfolio which blends higher risk-adjusted returns across both liquid and less liquid segments, with a strong home bias, predominantly in the Australian credit markets, hedged back to generate an Australian dollar floating rate portfolio.

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 0.54% 2.03% 4.52% 9.17% 9.22% 6.1% 4.24% -%
Growth return -0.02% 0.38% 1.57% 3.39% 3.74% 0.12% -1.04% -%
Income return 0.56% 1.65% 2.95% 5.78% 5.48% 5.98% 5.28% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -1.51% 0.53% 4.02% 8.37% 4.14% -1.89% -0.61% 2.01%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Yarra Higher Income Fund
Australian Equities
2.52%
Cash
8.12%
Fixed Interest
74.45%
Alternatives
14.91%
International Equities
0%
Property
0%
Average Allocation of Peers
Australian Equities
0.68%
Cash
6.57%
Fixed Interest
90%
Alternatives
2.19%
International Equities
0.56%
Property
0%

General Information

Fund Details
Type Description
Yarra Higher Income Fund
Yarra Funds Management Limited
JBW4379AU
Diversified Credit
starstarstarstar (as at 31 Oct 2024)
Investment Fund
25 Oct 2018
$139.19 million (as at 31 Oct 2024)
$0.9858 (as at 22 Nov 2024)
$0.9838 (as at 22 Nov 2024)
Open
Offer information
Type Description
MER 0.65% (as at 30 Dec 2023)
Indirect Cost Ratio (ICR) 0.65% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $10,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
FMG Resources (August 2006) Pty Ltd. 6.125% Bond - Corporate Bond 2.25%
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FAQs about the Yarra Higher Income Fund

The objective of the Yarra Higher Income Fund managed fund is Over the medium-to-long term, the Fund seeks to earn higher returns than traditional fixed income by investing in a highly diversified floating rate portfolio of predominantly Australian domiciled credit securities.

The strategy of the Yarra Higher Income Fund managed fund is The Fund's investment strategy is to invest in a multi-sector credit portfolio which blends higher risk-adjusted returns across both liquid and less liquid segments, with a strong home bias, predominantly in the Australian credit markets, hedged back to generate an Australian dollar floating rate portfolio.

The APIR code of the Yarra Higher Income Fund managed fund is JBW4379AU.

Yarra Higher Income Fund’s total return last month was 0.54%. This was made up of a growth return of -0.02% and an income return of 0.56%. These returns were calculated as at 31 Oct 2024.

Yarra Higher Income Fund’s total return for the last three months was 2.03%. This was made up of a growth return of 0.38% and an income return of 1.65%%. These returns were calculated as at 31 Oct 2024.

Yarra Higher Income Fund’s one-year total return is 9.17%. This was made up of a growth return of 3.39% and an income return of 5.78%. These returns were calculated as at 31 Oct 2024.

Yarra Higher Income Fund’s one-year total return is 6.1%. This was made up of a growth return of 0.12% and an income return of 5.98%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Yarra Higher Income Fund managed fund is :

Australian Equities
2.52%
Cash
8.12%
Fixed Interest
74.45%
Alternatives
14.91%
International Equities
0%
Property
0%

The Responsible Entity for the Yarra Higher Income Fund managed fund is Yarra Funds Management Limited.

The Yarra Higher Income Fund managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Oct 2024, the size of the Yarra Higher Income Fund managed fund was $139.19 million.

The Yarra Higher Income Fund managed fund has an inception date of 25 Oct 2018.

The current entry price of the Yarra Higher Income Fund managed fund is $0.9858 per unit and the current exit price is $0.9838 per unit (as at 22 Nov 2024).

The current exit price of the Yarra Higher Income Fund managed fund is $0.9838 per unit and the current entry price is $0.9858 per unit (as at 22 Nov 2024).

The minimum initial investment amount for the Yarra Higher Income Fund managed fund is $10,000.

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.