Income Trust
Minimum investment:
- initial investment and minimum balance: $5000
- minimum additional investments: $500.
Objective
The Income Trust aims to generate a competitive income stream while minimising the risk of capital loss and supporting the Australian Ethical Charter.
Overview
- tends to move in line with the general level of interest rates
- invests in floating rate and short-dated securities, short-dated bank deposits, bank accepted bills of exchange and high-grade mortgage-backed securities typically on a floating rate basis with maturities one year or less
- returns are almost exclusively taxable income
- changes in interest rates can have a positive or negative impact on the investment value or the Trust’s returns.
Established
September 1997
Recommended minimum timeframe
- 1
- 2
- 3
- 4
- 5
- 6
- 7+
- Years
Asset Mix
0% Growth 100% Defensive
Investment risk
Investment risk illustration Low High
Unit Prices
-
1 February 2012$0.9776$0.9776$0.9776
Returns
| Total returns to 31 December 2011 | 3 months | 1 year | 3 years | 5 years | 10 years | Since Inception |
|---|---|---|---|---|---|---|
| Income Trust | 1.20% | 4.70% | 4.90% | 4.70% | 4.80% | 4.60% |
| Benchmark: Australian 90 Day Bank Bill | 1.20% | 5.00% | 4.40% | 5.50% | 5.50% | 5.50% |
