All Star Income Fund

Fund Profile

Investment objective

To provide an income stream that delivers a return in excess of the 1-year interest rate swap. The Fund is managed on an absolute return basis for income generation, coupled with low volatility and a desire for consistent returns. Capital growth can also be generated.

Investment strategy

The Fund invests through a fund managed by Ascalon Capital Managers Limited predominantly in high yielding securities listed on the Australian Stock Exchange such as hybrid securities (fixed and floating), unsecured fixed interest investments, property trusts, preference shares, utilities and infrastructure stocks and high yielding ordinary shares, particularly bank shares. Option strategies are used for generating income and asset protection.

Asset sector ranges Min % Max %⁺

Hybrids, fixed interest and cash: 0 100
Property trusts: 0 50
Utilities, infrastructure and other listed shares: 0 50

Investment risk profile

Moderate
Suggested minimum investment timeframe is 3 to 5 years.

Who should invest

Investors who want to maximise income returns by investing in income generating assets.

Investment Management

Kaplan Funds Management Pty Limited

Administration and investment costs^*

1.03% pa

Performance Fee

15.38% pa on returns above the one year interest rate swap (benchmark), refer to Product Disclosure Statement for more details.

Fact Sheet

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The Funds commenced on 12 July 2007, so no performance figures are available.
⁺ The asset sector ranges referred to above may be exceeded from time to time due to a number of factors, such as large inflows into a Fund or through significant market movements. We aim to maintain the Fund’s exposure within these ranges over the longer term.
^* The Management fee listed above is calculated as a percentage of the net asset value of the Fund and includes the management fee of Ventura and the investment manager, as well as custodial and registry fees. It excludes out-of-pocket expenses such as legal fees, auditors and other expert’s fees and the cost of printing. These costs are not expected to exceed 0.10% p.a. of the net value of a Fund, refer to the Product Disclosure Statement for more detail.

The information on this website has been prepared without taking into account the client's objectives, financial situation or needs and is not financial product advice. The client should therefore consider the appropriateness of the information, in light of their own objectives, financial situation or needs, before acting on the information. Where the information relates to the acquisition or possible acquisition of a particular financial product, the client should obtain a copy of and consider the PDS for that product before making any decision. Where the particular financial product is available on a wrap platform, clients should contact the wrap platform operator directly for information on fees and costs, and other information associated with investing in that product through the wrap platform.