This Fund invests predominantly in residential mortgage-backed securities, asset-backed securities, as well as appropriately rated liquid assets. The Fund aims to offer investors returns equal to the rolling 30-Day BBSW over a rolling 12 month period.
Investor Information
Current Effective Rate: 5.01% p.a.*
Who can invest?
Individual or joint investors of 18 years or over
Partnerships
Companies
Unincorporated associations
Trusts
Superannuation funds
Fund Overview
Minimum initial investment
$50,000 per investment account
Minimum operating investment balance
$50,000 per investment account
Maximum operating investment balance
$10 million per investment account
Minimum additional investment
Nil
Minimum withdrawal amount
$10,000
Maximum withdrawal per day
$2 million per investment account
Entry and exit fees
Nil
Distribution returns
Calculated daily, paid monthly and are automatically reinvested in the account or paid to your nominated account
Unit price
$1.00 per unit
Buy-sell spread
Nil
Withdrawals
Withdrawals will be transferred to your nominated account
Benefits of investing
Higher returns: as the AMF Yield Fund invests in securities (such as residential mortgages), you're likely to receive higher returns than every day cash funds.
Flexibility: choose between receiving regular income by paying distribution returns into your nominated account or reinvesting distribution returns directly into the Fund.
Stability: the low volatility in the income of the Fund is designed to provide you with a stable income stream.
*Effective annual rate assumes monthly distributions at a rate of 4.90% p.a. are reinvested.
*The rate displayed is applicable as at 11/08/2010. The rate of return payable on Investments in the Fund will generally move in line with market conditions and money market rates, however there is no guarantee of the actual rate of return payable to investors.
Sandhurst Trustees Limited ABN 16 004 030 737 AFSL 237906 (Sandhurst) is a subsidiary of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879 (the Bank). The products listed are issued by Sandhurst (except for the Bendigo Funeral Bond). The Bendigo Funeral Bond is an investment product issued by Australian Friendly Society Limited ABN 29 087 648 851. The material on this website is provided by Sandhurst and contains general advice only. Please consider your situation and read the relevant Product Disclosure Statement (‘PDS’) or Disclosure Document (‘DD’) and Sandhurst’s Financial Services Guide before making any decision. A PDS or a DD for the products listed (other than any credit facility) is available online at www.sandhursttrustees.com.au/pds or from your nearest Bendigo Bank branch.
Sandhurst is not responsible for the content of any other site accessed via the Sandhurst site. That information is the responsibility of the site owner and Sandhurst has no control over it. Links to other sites are provided for convenience only and do not represent any endorsement by Sandhurst of the products offered by the site owner.
