KEY FEATURES
The Diversified High Income Fund offers investors an alternative way to invest their cash primarily in the ‘fixed income’ market that provides a higher return investing in selected securities available. Like the Cash Plus Fund, the Diversified High Income Fund has a “fixed income” type of risk associated with it as well as investments in property markets to help it achieve an even higher return.
The target return of the fund is 4.0% over the RBA official cash rate. The fund allows investors to diversify their cash, equity and property investments. The fixed income market comprises securities that have a low market price correlation to equity and property prices. The higher returns available through the Fund come with an increased risk compared to the Prime Value Cash Plus Fund however the higher risk profile is carefully managed so as to minimise the chance of permanent capital losses.
Furthermore, the Fund is managed in a way that avoids any market disruptions or major market events so that we can always enable our investors to redeem their capital quickly.