Affluence
Income Trust
Unit Prices
As at 30 Nov 24
| Buy Price | $1.0041 |
| NAV Price | $1.0031 |
| Sell Price | $1.0021 |
Investment Objective & Strategy
The Affluence Income Trust aims to provide you with:
- A minimum distribution equal to the RBA Cash Rate plus 3% per annum, paid monthly.
- Preservation of capital over rolling 3 year periods after payment of distributions.
- Access to a highly diversified portfolio of fixed income assets, with a focus on maximising returns with low volatility.
The Affluence Income Trust’s Key Features
Diverse Fixed Income Portfolio
Access a portfolio of thousands of loans managed by a range of specialist fixed income managers selected by Affluence.
Not Your Usual Fixed Income Fund
We have significant flexibility to add value by adapting the portfolio to changing market conditions.
Start small and add to your Investment
Start with at least $20,000 and grow your investment over time by adding from as little as $1,000.
Monthly Applications and Withdrawals
Your application funds are held in a trust account while awaiting processing.
Monthly Distributions
Distributions are generally paid around 10 days after the end of each month.
Distribution Reinvestment
Distributions can be reinvested to compound the returns on your investment.
You only pay us for Performance
We charge no fixed fee, just a performance fee of 10% of positive total returns. Other expenses of the fund are as disclosed in the PDS.
Regular Fund Updates
Receive monthly reports detailing the Fund’s performance, strategy and portfolio.
Introduction to the Affluence Income Trust
In this webinar we cover why we started the Affluence Income Fund, the opportunities in Fixed Income, the current portfolio construction and the key features of the Fund.
Affluence Income Trust Performance
Affluence Income Trust Performance
| To 30 November 2024 | 1 month | 3 months | 6 months | 1 year | Inception |
|---|---|---|---|---|---|
| Income Distributions | 0.6% | 1.9% | 3.8% | 7.8% | 7.7% |
| Change in Unit Price (Capital Growth) | 0.0% | (0.1%) | 0.0% | 0.1% | 0.2% |
| Affluence Income Trust Total Return | 0.6% | 1.8% | 3.8% | 7.9% | 7.9% |
| Benchmark – RBA Cash Rate plus 3% | 0.6% | 1.8% | 3.7% | 7.4% | 7.3% |
| Performance against Benchmark | 0.0% | 0.0% | 0.1% | 0.5% | 0.6% |
Performance is calculated using NAV unit prices, net of fees and costs (excluding buy sell spread) and assumes distributions are reinvested. Returns of more than one year are annualised. The Fund aims to pay distributions monthly. Inception date is 28 July 2023. Past performance is not indicative of future performance.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.7% | 0.6% | 0.6% | 0.7% | 0.7% | 3.4% | |||||||
| 2024 | 0.6% | 0.6% | 0.7% | 0.6% | 0.6% | 0.6% | 0.7% | 0.6% | 0.6% | 0.6% | 0.6% | 7.1% |
Performance is calculated using NAV unit prices, net of fees and costs (excluding the buy sell spread) and assumes distributions are reinvested. Past performance is not indicative of future performance.
Portfolio Summary
Risk Disclosure
As with all investments, the Fund is subject to risks. If these risks eventuate, they may result in a reduction in the value of your investment in the Fund and/or a reduction or cessation of distributions. Distributions are not guaranteed, nor is the return of your capital. Past performance is not indicative of future performance.
It is important that you know that the value of your investment will go up and down over time, the Fund’s returns will vary over time, future returns may differ from past returns, and returns are not guaranteed. All of this means that there is always the chance that you could lose money on your investment.
As set out in the product disclosure statement dated 16 January 2024 (PDS), key risks include concentration risk, economic and market risk, legal and regulatory risk, manager and key person risk, liquidity risk, leverage risk and currency risk. AFM aims, where possible, to actively manage risks. However, some risks are outside our control.
Fund Documents
Fund Flyer
The Affluence Income Trust flyer provides Fund information and key statistics.
Latest Fund Report
Download the latest report, including market commentary & information on the Affluence Income Trust performance.
Introductory Presentation
Download the Introduction to the Affluence Income Trust to learn more about the Fund.
Investor Forms
Application documents for our Funds and forms for additional investments, change of details and withdrawals.
How To Invest In The
Affluence Income Trust
1
Read the PDS
Before making any decision to invest, you should read and understand the Fund’s Product Disclosure Statement (PDS). You should also read the Target Market Determination (TMD) and ensure the Fund is appropriate for your personal circumstances and financial objectives. You may wish to consult with your financial or other advisor in making this assessment.
You can download the PDS and TMD, invest online or download paper application forms by clicking the Invest Now button below.
2
Make an application
Applications are accepted monthly. The cut-off for applications is the 25th of each month. Completed applications received by this date are processed as at the 1st of the next month.
To invest in the Fund, you must complete an application form. If you have not invested with Affluence previously, you will also need to provide identification information and answer some questions which we will use to assess whether you are in the target market for the Fund. We may seek further information from you and reserve the right to reject an application if we consider you are not within the target market.
Investors can complete the relevant application form attached to the PDS or apply securely online through our registry services provider Registry Direct. Applying online can be significantly easier and faster than paper-based applications and provides the option to verify or upload your identification information online, reducing the need to provide certified copies of documents.
3
Provide documents and make payment
Complete an online application or send the paper application documents (including any required Identification Documents) to us for processing.
Make payment of the application amount. Payments can be made via cheque or electronic transfer.
You will receive an acknowledgement as soon as possible after the Fund registrar receives your application documents and funds. You will receive your investment confirmation once the application has been processed. This normally occurs 7 – 10 days after the end of the month in which your application is accepted.
Affluence Income Trust Updates
Keep up to date with the changes to the Fund’s portfolio, fundamentals and performance.
2024 Financial Year Information
Below is the June 2024 financial year distribution and tax information and estimated dates for the end of financial year processes. As each item is completed, we will update the information. The end of the financial year is a busy time …
Oceana Funds – Fund Manager Profile May 2024
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Revolution Asset Management – Fund Manager Profile April 2024
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Frequently Asked Questions
Have any questions about the Affluence Income Trust?