DNR Capital recently made some changes to the DNR Capital Australian Equities Income Fund1.
As of 2023, the distribution frequency for the DNR Capital Australian Equities Income Fund changed from quarterly, to monthly distributions.
This change enables more regular access to distribution income for investors aiming to closer align distributions with potential living expenses.
It is important to note, there is no change to the underlying investment strategy of the Fund. We continue to actively focus on delivering a growing dollar income over time, delivering a better outcome for retirees as they seek to offset inflation and look to maintain lifestyles into retirement.
Since its inception in March 2020, the Fund has delivered a return of 17.96%p.a. outperforming its benchmark, the S&P/ASX 200 Industrials Total Return Index, by 8.33%p.a., whilst delivering a gross distribution return of 6.49%p.a.2
Investors also now have the ability to make additional investments directly into the Fund via BPAY®. This allows investors to easily top up their investments in the Fund conveniently via their online banking.
We note that there has been no increase in the Fund’s fees and costs as a result of the above changes.
1 DNR Capital Australian Equities Income Fund, PIM8302AU
2 Performance as at 31 January 2023. Past performance is not an indication of future performance. No allowance has been made for taxation and fees are not taken into account.
® Registered to BPAY Pty Ltd ABN 69 079 137 518
IMPORTANT NOTE: This communication has been prepared and issued by DNR Capital Pty Ltd, AFS Representative – 294844 of DNR AFSL Pty Ltd ABN 39 118 946 400, AFSL 301658. It is general information only and is not intended to be a recommendation to invest in any product or financial service mentioned above. Whilst DNR Capital has used its best endeavours to ensure the information within this document is accurate it cannot be relied upon in any way and you must make your own enquiries concerning the accuracy of the information within. The information in this document has been prepared for general purposes and does not take into account the investment objectives, financial situation or needs of any particular person nor does the information constitute investment advice. Before making any financial investment decisions you should obtain legal and taxation advice appropriate to your particular needs. Investment in DNR Capital Funds can only be made on completion of all the required documentation. The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL No 235150 (as part of the Perpetual Limited group of companies) is the issuer of the PDS for the Fund. An investor should obtain and read the PDS and target market determination and consider their circumstances before making any investment decision. The PDS and target market determination is available at the Fund website at www.dnrcapital.com.au/invest, or a paper copy can be obtained, free of charge, upon request by calling DNR Capital Pty Ltd (‘Manager’), the investment manager of the Fund. This material is general information only and not an investment recommendation. The Manager or The Trust Company (RE Services) Limited does not guarantee the repayment of capital from the Fund or the investment performance of the Fund. An investment in this fund is subject to investment risk including loss of some or all of an investor’s principal investment and lower than expected returns.