Balmain AQUA High Income Trust

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General Information
Fund Name Balmain AQUA High Income Trust
Fund Status Closed
Manager Trust Company (RE Services) Limited
APIR Code JFF0001AU  
Sector/Asset Class Mortgages Aggressive  
Morningstar Rating  (as at 28th Feb 2011)  
Legal Structure Investment Fund  
Fund Inception 7th Oct 2004
Fund Size $18.96 million (as at 28th Feb 2014) 
Entry Price $0.8523 (as at 28th Feb 2014) 
Exit Price $0.8523 (as at 28th Feb 2014) 
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Fund Performance (as at 28th Feb 2014)   NOTE : returns for periods greater than 1 year are annualised
  1 Month
%
3 Month
%
6 Month
%
1 Year
% p.a.
2 Year
% p.a.
3 Year
% p.a.
5 Year
% p.a.
10 Year
% p.a.
Total Return 0 0 0 0.93 1.21 2.69 1.79 -
Growth Return 0.00 0.00 0.00 0.00 - -1.14 -2.17 -
Income Return 0.00 0.00 0.00 0.93 - 3.83 3.96 -
Morningstar Index
(Mstar PG ITr Mortgages Aggressive Idx)  
Total Return 0.30 1.01 1.38 3.17 4.05 5.01 4.99 6.23
Market Index
(UBS Bank 0+ Yr TR AUD)
Total Return 0.22 0.64 1.29 2.77 3.17 3.74 3.93 5.08


Asset Allocation (as at 28th Feb 2014)  
Domestic Shares 0%
International Shares 0%
Cash 38.11%
Listed Property 0%
Direct Property 0%
Domestic Fixed Interest 0%
International Fixed Interest 0%
Mortgage 61.89%
Other 0%
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Objectives and Strategy
Fund Objective Mirvac AQUA High Income Fund aims to provide income and security of capital.
Fund Strategy The Mirvac AQUA High Income Fund invests primarily in loans secured by a mix of registered first, second and subordinated mortgage investments and Mortgage Backed Securities via investments in the Mirvac AQUA Mezzanine Debt Pool and the Mirvac AQUA Construction Debt Pool. The Mirvac AQUA High Income Fund will also hold some cash and invest in Liquid Assets. From time to time, it may also invest in the Mirvac AQUA Senior Debt Pool.

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Offer Information
Indirect Cost Ratio (ICR) 1.29% (as at 30th Jun 2011)
Minimum Initial Investment $10,000

MorningstarThe data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit www.morningstar.com.au

© Copyright Morningstar Australasia Pty Ltd 2009 ABN 95 090 665 544 (Morningstar), AFSL 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

Further managed funds data is provided by Standard & Poor's Information Services and is subject to the following disclaimers.

* Dates for historical returns vary from fund to fund




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