Arculus Fixed Income Fund
The Arculus Fixed Income Fund (‘Fund’) (formerly known as the GCI Australian Capital Stable Fund) was established to invest in securities such as senior bonds issued by Australian Deposit-taking Institutions (ADIs) and sovereign debt issued by commonwealth and state governments that were issued as expecting to meet the repo eligibility criteria of the Reserve Bank of Australia (RBA).
Key features
- Actively managed diversified fixed income fund
- Investment grade securities
- Medium risk/return profile
| Additional Application Form | Apply to invest additional funds in a DDH Managed Fund |
| Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) Checklist | Required for identification purposes when a new account is opened |
| Authorised Representative Form | Appoint an authorised representative for your account |
| Change of Details Form | Change your personal account details |
| Regular Savings Plan Form | Set up a regular savings plan |
| Regular Savings Plan Variation Form | To modify or cancel a Regular Savings plan |
| Switching Form | Switch your money between DDH Managed Funds |
| Tax File Number Notification Form | Notify us of your TFN |
| Transfer Form | Transfer funds |
| Withdrawal Form | Withdrawal Form |
Arculus Funds Management
Arculus Funds Management Pty Ltd (Arculus), a wholly owned subsidiary and Corporate Authorised Representative of GCI Australia Pty Ltd (GCI), undertakes the investment management activities. GCI was established in 2010 and is the holder of an Australian Financial Services Licence (Licence No.346034).
Arculus is a boutique asset manager and corporate advisory firm that has significant experience across the many facets of financial markets.
Arculus operates several discretionary single managed account products (SMA’s) within the interest rate and equity sectors, for Australian financial planning groups, investment foundations and charitable organisations, which brings together the company’s interest rate expertise, access to liquidity and market knowledge for the direct benefit of clients. Arculus is also an active participant in primary and secondary capital raisings / distributions in both the unlisted and listed debt and equity markets. Arculus’s corporate advisory business also undertakes company valuations and industry studies, as well as independent corporate research and analysis.
Fund Facts
| Inception date | 16/11/2017 | ||||||||||||||||
| APIR code | DDH8305AU | ||||||||||||||||
| Status | Open | ||||||||||||||||
| Investment manager | Arculus Funds Management (formerly known as GCI Australia) | ||||||||||||||||
| Investment objective | The Fund seeks to provide income and capital stability and a high degree of liquidity in all market conditions. The total return will mainly comprise of income (cash) from security income payments. The target rate of return is the Bank Bill Swap Rate plus 1.5% before fees. | ||||||||||||||||
| Investment strategy | 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 profile | Medium | ||||||||||||||||
| Suggested minimum time horizon | 3 years |
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| Asset allocation |
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| Investment Requirements | |||||||||||||||||
| Minimum initial investment | $2,000 (lump sum) $500 (regular savings plan) |
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| Minimum additional investment | $500 per Fund (lump sum) or $100 per month per Fund (regular savings plan) | ||||||||||||||||
| Regular savings plan | Yes | ||||||||||||||||
| Distributions | |||||||||||||||||
| Income distribution frequency | Quarterly | ||||||||||||||||
| Payment options | Direct credit or reinvestment | ||||||||||||||||
| Fees & Costs | |||||||||||||||||
| Establishment fee | Nil | ||||||||||||||||
| Contribution fee | Nil | ||||||||||||||||
| Withdrawal fee | Nil | ||||||||||||||||
| Termination fee | Nil | ||||||||||||||||
| Management costs | 0.40% per annum | ||||||||||||||||
| Buy/sell spreads | +0.10% / -0.10% | ||||||||||||||||
This is a summary of the key features of the 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 above 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
For more information on unit pricing, please refer to Our Policies.
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 amount and timing of distributions will vary from period to period. Investors should be aware that there may be periods in which no distribution is made.
The unit price of the Fund will fall by a corresponding amount when the 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.