Funds
United High Yield Fund
Investment Objective
To provide investors with a stable investment, regular income, ready access to their funds and competitive returns by investing in cash and short-term money market securities.
Investment Strategy
The Fund mainly invests in high quality short-term money market and bank based securities, to achieve a very stable income stream and to outperform the RBA cash rate by attempting to forecast the short-term direction of the interest rate cycle.
The Fund does not purchase securities that give rise to material currency risk and therefore no currency hedging is undertaken.
The Fund may use financial futures based on the 90 day Bank Accepted Bill contract for strategic and tactical reasons, however, positions taken will not exceed 10% of the asset value.
Fund Features
| Inception date | September 2003 |
|---|---|
| APIR code | PIM0003AU |
| Distribution frequency | Quarterly |
| Investment minimum | $100,000 |
| Minimum withdrawal | Refer to your Service Provider |
| Volatility / risk | Very low |
| Estimated management cost | 0.46% |
| Regular Investment Plan | Refer to your Service Provider |
| Products available through | Refer to your Service Provider |
Performance
UNITED HIGH YIELD FUND | As at | 3 mths % p.a. | 1 yr % p.a. | 2 yrs % p.a. | 3 yrs % p.a. | 4 yrs % p.a. | 5 yrs % p.a. | S.I. % p.a. |
|---|---|---|---|---|---|---|---|---|
| United High Yield Fund | 30/09/09 | n/a | n/a | n/a | n/a | n/a | n/a | 0.0 |
Performance figures reflect Total Returns and are based on month-end exit prices. They assume that all distributions are reinvested and are net of management costs and gross of tax. Please note the Terms and Conditions below in relation to reported performance. Past performance is not a reliable indicator of future performance.
Associated Files
In April 2009, IOOF Holding Limited merged with Australian Wealth Management Limited creating a fully integrated financial services company with offices in every state. Therefore all references to Australian Wealth Management Limited throughout the United Funds Management Product Disclosure Statements should be replaced with IOOF Holdings Limited.