ALEXANDER CREDIT OPPORTUNITIES FUND
The Alexander Credit Opportunities Fund is a diversified portfolio of fixed interest opportunities with a proven track record and a net annual return* of 4.86% as at 31 January 2020**.
Please note this fund is closed to new investors.
ACOF aims to provide investors with:
Stable returns - no negative monthly returns since 2011**
Regular income - annual distributions historically exceeding 5%**
Capital stability - historically stable unit price**
Diversification - within a fixed income portfolio and overall asset allocation
* returns displayed are net of all fees and transaction costs
** past performance is not a reliable indicator of future performance
ˆnet of hedges
ACOF at a glance:
Availability - Closed to new investors
Investment Grade Allocationˆ - Target of 50% investment grade credit
Benchmark - Ausbond Bank Bill Index + 2%
Management Fee - 1.33% p.a.
Performance Fee - 20% above the Benchmark¨
Credit Duration - +5 years to 0 years
Interest Rate Duration - +1 years to 0 years
Minimum Application - $25,000
Distributions - Quarterly***
Applications/Redemptions - Weekly
Current Buy/Sell Spread - 0.25%
ˆ portfolio holdings may drop below this target on occasion
¨ Performance Fees are subject to a high watermark. Consult PDS for further details.
*** Distributions are not guaranteed