MF – INC – Fund overview
DNR Capital Australian Equities Income Fund
Fund overview
| Issuer and responsible entity | The Trust Company (RE Services) Limited as part of the Perpetual Limited group of companies |
| Investment manager | DNR Capital Pty Ltd |
| Investment bias | Style neutral with a quality focus |
| Designed for | Investors who are seeking a greater level of income and who can make use of franking credits. |
| Investment objective | The Fund’s investment objective is to invest in a portfolio of Australian equities that aims to outperform the Benchmark (net of fees) and deliver higher levels of income relative to the Benchmark over a rolling three-year period. The investment objective is not a forecast of the Fund’s performance. |
| Benchmark | S&P/ASX200 Industrials Accumulation Index |
| Investments | Australian equities and cash |
| Investment constraints | The Fund will not invest in derivatives. |
| Investment guidelines | Maximum exposure to an individual security is 15% of Fund NAV. Minimum exposure of 80% of the Fund NAV to be invested in the S&P/ASX200. |
| Asset allocation | Australian equities – 80-100% Cash – 0-20% |
| Number of securities held in the Fund | Min 15 – Max 30 |
| Minimum suggested investment timeframe | 5 years |
| Buy/sell spread | +0.25% / - 0.25% |
| Management fee | 0.90% p.a. (inclusive of GST and RITC) |
| Minimum investment amount | $20,000 |
| Minimum additional investment amount | $5,000 |
| Minimum withdrawal amount | $5,000 |
| Valuation and unit pricing frequency | Each business day |
| Application frequency | Each business day |
| Withdrawal frequency | Each business day |
| Distribution frequency | Quarterly |
| Distribution payment method | Direct deposit or reinvestment |