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Income Fund

INCOME FUND

A conservative investment option

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$1.0778
as at 10/10/19
4.7%
as at 30/09/2019
after fees and before tax
5.9%
as at 30/09/2019
after fees and before tax
If you had invested $10,000 at
inception, today it would be worth ...
$14,798
inception date 18/04/2011
Minimum
investment
$2,000

About the Fund

The Income Fund gives our clients access to a diverse portfolio of fixed interest investments from around the globe. This fund combines our rigorous investment research with active portfolio management. As well as being an option to invest in this fund as part of a diversified investment strategy across our managed funds, this fund offers an alternative to bank deposits. Your money is invested throughout the world in a range of industries and sectors that are not available in Australasia, providing added diversification. Because this fund is designed to be a more conservative fund there are no investments in shares. You can also access your money at any time and there is a low minimum for investment.

Why choose the Income Fund

Cash and fixed interest plays an important stabilising role in any investment portfolio. Think of it as something of a financial umbrella to offer your portfolio protection in difficult market conditions. This is because these types of investments are expected to offer more stable, though lower, returns over the long term.

Growth of $10,000 invested in the Fund since inception

View all resources for this fund »

Sector Split

as at 30 September 2019

Sector Split

Geographic Split

as at 30 September 2019

Sector Split

Your portfolio team

David McLeish

David McLeish »

Senior Portfolio Manager

Quin Casey

Quin Casey »

Senior Investment Anaylst

Matt Logan

Matt Logan »

Senior Investment Analyst

Lyle  McNee

Lyle McNee »

Investment Analyst


Highlights and lowlights — September 2019

Your portfolios: Highlights and lowlights

Our investment in food group Boparan benefited strongly from rumours that the company is close to announcing a meaningful sale of one of its businesses.  The expectation is that the funds raised from this sale will be used to pay down debt. While it is far from certain that this asset disposal will go ahead as speculated, it is pleasing to see investors recognising the value of such an asset.    

It has been a tremendous move to lower in bond yields this year.  So it comes as no surprise that global interest rate markets took a breather this past month.  This resulted in a far more muted return being generated by the Income Fund. It remains our expectation though that we are not yet at the lows in interest rates of this economic cycle.  So, for now, we continue to position the portfolio to benefit from further safe-haven asset demand.

 


Portfolio holdings

Portfolio holdings

The Fund holds a range of different investments, including corporate and Government bonds, as well as cash holdings. See below for more detail on these.

view portfolio holdings »


Fund resources

Fisher Funds Income Fund Updates

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