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Wholesale Australian Income Fund
The Wholesale Australian Income Fund (the Fund) is closed to new investors
Overview
The Wholesale Australian Income Fund (‘Fund’) provides exposure to Australian first ranking mortgages, other interest bearing financial instruments and cash.
This Fund aims to
Provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.
What the Fund invests in?
The Fund invests predominantly (and, at times, fully) in the Australian Income Fund ARSN 088 999 679 (the 'Underlying Fund'). At those times when the Fund is not fully invested in the Underlying Fund it will (directly) hold cash. Typically the Underlying Fund will hold a diversified portfolio of Australian loans being first ranking mortgages (which may include development loans), fixed income securities (including but not limited to, bonds, mortgage backed securities and listed income securities) and cash.
Who should invest in the Fund?
The Fund suits investors who seek a low risk product that provides easy access to their investment and monthly interest income at competitive rates.
 | Unit Price | 27/08/08 | Entry Price | 1.0062 | Exit Price | 1.0062 |  |
This product summary is only provided for information purposes. It does not contain investment recommendation nor provides investment advice. Professional investment advice can help you determine your tolerance to risk as well as your need to attain a particular return on your investment. We strongly encourage you to obtain detailed professional advice and to read the relevant offer document in full before making an investment decision. Units in the fund will only be issued upon receipt of an application form accompanying a current disclosure document.
The information is provided for persons in Australia only and is not provided for the use of any person who is in any other country. | |
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