APIR: PRM8798AU
Performance
1
Year
Year
1.51
3
Year
Year
5
Year
Year
Since Inception
3.73
Running Yield
4.89
Yield To Maturity
4.86
Data Current To: 31/08/2020
Information
Issuer: |
Mutual Limited |
Sector: |
High Yield |
Index: |
Bloomberg AusBond Bank Bill Index |
| Inception Date: | 01/02/2019 |
| Strategy: | MutualÕs objective is to source and actively manage a portfolio of fixed interest credit assets across, ADIs, corporates and structured finance. Targeted portfolio construction is to hold assets with a shorter credit duration to ameliorate periods when risk assets sell-off. Mutual manages interest rate risk by predominately investing in assets that reset their reference rate every 30 or 90 days. |
Details
| Management Costs: | 1% p.a. |
| Minimum Initial Amount: | $20000 |
| Income Distribution: | Quarterly |
