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 August 19th we have adjusted the Sell Spread for AFIF to 0.25%.  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.

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

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)/-0.25% (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