Key Features
Australian Fixed Income Fund
Name of Fund
Trustee
Fund Auditors
Nature of Fund
Eligible Investors
Investment Objective
Investment Strategy
Hurdle Rate ²
Performance
Fees
Investment Term
Minimum Investment
Unit Pricing
Australian Fixed Income Fund (AFIF)
Thrifty Money Pty Ltd
Advanced Accountants RTM
AFIF is a contributory investment fund, managed under an ASIC approved and issued AFSL. The Fund comprises of multiple Subfunds into which Members of the Fund invest. Each Subfund consists of one active business loan.
AFIF is a managed contributory investment scheme open to Wholesale investors only. A closed category of Retail investors may, upon application and at the Trustee's sole discretion, be accepted into the Fund
The Fund’s objective is to deliver a Yield of no less than 8% per annum return on capital invested.
The AFIF invest in any one or an assortment of Australian based medium and short-term Debt Instruments such as mortgages, secured business loans, commercial paper, secured subordinated debt and securitised debt.
8%
The Trustee has delivered a 5-year gross average return of 8%.
The Trustee may be entitled to performance fees, out of pocket costs and fees as provided for in the Trust Deed
The minimum investment term is three (3) years.
The minimum investment in the Fund is * $50,000
Units are issued at $1.00 per unit
* $ refers to Australian Dollar
² is the minimum ROI or target rate that has to be achieved before the Fund attracts a performance fee