ALEXANDER FIXED INCOME FUND

 
Update to AFIF Sell Spread
In response to the volatility in investment markets following the uncertainty surrounding COVID-19, as at April 16th we have adjusted the Sell Spread for AFIF to 1.50%.  This increase reflects the cost of purchasing and selling assets in the current environment. Alexander Funds Management does not profit from these spreads. 
 
This will be monitored on a daily basis and normalised as market conditions improve.

The Alexander Fixed Income Fund is a new Fund managed by AFM's  award winning  portfolio management team

*Past Performance is not a reliable indicator of future performance.

** The Mid Price Return is for illustrative purposes only and does not reflect the actual return achieved if funds are redeemed.

Established in December 2018, AFIF aims to provide investors with a consistent income stream and stable unit price. AFIF can offer investors;

Reliability

The Fund holds a minimum of 75% Investment Grade Assets

Accessibility

Ability to invest in a diverse range of fixed income assets through a single investment

Value

The Alexander Fixed Income Fund offers a competitive management fee

AFIF at a glance:

Availability - Open

Investment Grade Allocation - Minimum 75% investment grade credit

Benchmark - Ausbond Bank Bill Index + 1%

Management Fee - 0.65% p.a.

Credit Duration - +5 years to -2 years

Interest Rate Duration - +2 years to -2 years

Minimum Application - $25,000

Distributions - Quarterly***

Applications/Redemptions - Daily

Current Buy/Sell Spread - +0.10% (Buy)/-1.50% (Sell)

*** Distributions are not guaranteed

If you'd like to know more about the Alexander Fixed Income Fund, please contact our office on 1300 138 401 or email info@alexanderfunds.com.au