Australian Masters Corporate Bond Fund No5 Limited (AKY)

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General Information
Company Name: Australian Masters Corporate Bond Fund No5 Limited
Stock Code: AKY
GICS Sub-Industry: Other Diversified Financial Services
Market Cap ($M): 57
Equiv. Shares (M): 1

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 73.000 $ 73.000 $ 73.000 $ 73.000 $ 73.000 216 0%

Company Overview

Business Description:
Australian Masters Corporate Bond Fund No5 Limited (AKY) provides investors with the opportunity to gain access to a diversified portfolio of quality corporate bonds issued in Australia and denominated in Australian dollars. The fund is managed by Dixon Advisory & Superannuation Services Limited.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A 2.8 355.0 -12.1 22.0 337.0 4.3 100.0
2013  A 3.2 403.7 -18.7 20.4 205.0 2.5 100.0
2012  A 3.9 496.5 -6.2 19.5 230.0 2.4 100.0
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Australian Masters Corporate Bond Fund No5 (AKY) $57 M -0.1204 -- -- 20.5616 -- -- 4.62 -- --
Challenger (CGF) $4,259 M 0.0459 -0.0045 0.0457 12.4567 12.5124 11.9651 3.44 3.98 4.30
IOOF (IFL) $2,818 M 0.1260 0.1406 0.0980 17.9335 15.7234 14.3206 5.06 5.60 6.16
Macquarie Group (MQG) $18,806 M 0.5572 0.0967 0.0629 16.0095 14.5981 13.7345 6.42 5.02 5.43
Platinum Asset Mgmt (PTM) $3,482 M 0.4366 0.0355 0.0741 18.4957 17.8625 16.6297 5.67 5.53 5.96

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth
AKY 1.05 20.6 1.00 --
Market 1.14 14.0 1.00 1.01
Sector 1.26 14.6 1.09 1.73

Name Position Start Date
Mr Maximillian Walsh Non-Executive Chairman 03 September 2009
Mr Alan Cochrane Dixon Non-Executive Director 03 September 2009
Mr Daryl Albert Dixon Non-Executive Director 03 September 2009
Mr Alexander Gen MacLachlan Non-Executive Director 03 September 2009
Mr Christopher Matthew Brown Non-Executive Director 03 September 2009

Name Position
Karen Luu Interim Company Secretary

Calendar of Events
Date Event
28 August 2015 Report (Prelim)
26 February 2015 Report (Interim)
25 September 2014 Report (Annual)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at


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