GCI Australian Capital Stable Fund

The GCI Australian Capital Stable Fund (Fund) is a unit trust designed to provide income and capital stability and a high degree of liquidity in all market conditions. The target rate of return is the Bank Bill Swap Rate plus 1.5% p.a. before fees.

The Fund invests in:

  • Australian Government and Semi Government Bonds;
  • Investment Grade securities Corporate Senior Bonds; and
  • Cash.

These assets are combined in a professionally managed diversified portfolio consisting of senior bonds issued by Australian Deposit Taking Institution or Governments.

  • Fund Facts

    Inception Date16/11/2017
    APIR CodeDDH8305AU
    StatusOpen
    Investment ManagerGCI Australia
    Investment ObjectiveTo provide income and capital stability and a high degree of liquidity in all market conditions. The total return will mainly comprise income from security income payments. The target rate of return is the Bank Bill Swap Rate plus 1.5% before fees.
    Investment Strategy The Fund’s investment strategy is to identify appropriate investments that are expected to generate a sufficiently high yield, commensurate with the assumed risk, with minimum volatility of returns. The Fund consists of a core portfolio constructed with reference to macroeconomic factors.
    Risk/Return ProfileLow to medium
    Minimum Suggested Time Frame1 year
    Benchmark Asset Allocation
    Asset AllocationMinimum (%)Maximum (%)
    Australian Government and Semi Government Bonds0100
    Investment grade Corporate Senior Bonds, subordinated Corporate Bonds0100
    Non - Investment grade Corporate Senior Bonds, subordinated Corporate Bonds and hybrids, each either OTC or ASX listed00
    Australian cash0100
    Investment Requirements
    Minimum Initial Investment$2,000 (Lump Sum)
    $500 (Regular Savings Plan)
    Minimum Additional Investment$500 per Fund (Lump Sum) or $100 per month per Fund (Regular Savings Plan)
    Regular Savings PlanYes
    Minimum Switch$500 per Fund (subject to minimum balance requirement of $1,000 per Fund)
    Minimum Balance$1,000 per Fund
    Minimum Withdrawal $500 per Fund (subject to minimum balance requirement of $1,000 per Fund)
    Distributions
    Income distribution frequencyQuarterly
    Payment optionsDirect credit or reinvestment
    Fees and Costs
    Establishment feeNil
    Contribution feeNil
    Withdrawal feeNil
    Termination feeNil
    Management costs0.40% p.a.
    Buy / sell spreads +0.10%/-0.10%

    This is a summary of the key features of the GCI Australian Capital Stable Fund. Please refer to the Product Disclosure Statement before making a decision about this product.

     

  • Unit Prices

    Unit prices are usually calculated daily to reflect changes in accumulated income and market values. Each fund’s assets are revalued in accordance with its constitution. The prices shown below may differ from the actual unit price if you were applying for or redeeming an investment. Your actual unit price will be confirmed following any transactions on your investments.

    Read our Unit Pricing Discretions Policy.

  • Fund Performance

    The above performance figures are net of ongoing fees and expenses and assume all income has been reinvested. They represent past performance and are not indicative of future returns.

    *Inception Date is 16/11/2017.

  • Distributions

    Distributions are the profit earned by the fund which is then paid to investors. Distributions are expressed as cents per unit, for example, if a distribution of 3 cents was paid and you hold 1000 units you will be paid a distribution of $30 (1000 x $0.03). Distributions can include different types of income including; dividends, interest and realised capital gains.

    The unit price of the fund will fall by a corresponding amount when distribution is paid.

    To view the latest distributions for the DDH Managed Funds please click here.

    Distribution tax components

    To view the distribution component information for funds managed by DDH Graham Limited, please click here.

    Please note that these distribution tax components provide general information only and do not take into account your individual taxation or financial objectives, situation or needs. You should not rely on this information for the purposes of completing your income tax returns.

  • Fund Forms

    Application FormApply to invest in a DDH Managed Fund
    Additional Application FormApply to invest additional funds in a DDH Managed Fund
    Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) ChecklistRequired for identification purposes when a new account is opened
    Authorised Representative FormAppoint an authorised representative for your account
    Change of Details FormChange your personal account details
    Regular Savings Plan FormSet up a regular savings plan
    Regular Savings Plan Variation FormTo modify or cancel a Regular Savings plan
    Switching FormSwitch your money between DDH Managed Funds
    Tax File Number Notification FormNotify us of your TFN
    Transfer FormTransfer funds
    Withdrawal FormWithdrawal Form