Performance – Income Fund
Merlon Australian Share Income Fund – Performance (after fees) as at 30 September 2021
| Performance* | 1 month (%) |
3 months (%) |
1 year (%) |
3 years (%) p.a. |
5 years (%) p.a. |
7 years (%) p.a. |
10 years (%) p.a. |
| Fund Total Return | 1.9 | 5.1 | 26.5 | 6.6 | 6.7 | 7.2 | 9.3 |
| 70% ASX200/30% Bank Bills** | -1.1 | 1.6 | 21.6 | 8.3 | 8.8 | 8.1 | 9.4 |
| ASX200 | -1.5 | 2.3 | 31.8 | 11.0 | 11.8 | 10.6 | 12.3 |
| Average Daily Exposure*** | 69% | 69% | 67% | 67% | 68% | 68% | 69% |
| Gross Distribution Yield | 2.9 | 1.8 | 7.3 | 7.0 | 7.1 | 7.3 | 7.9 |
*Returns are calculated after fees and expenses, and assuming the reinvestment of distributions. Fund total returns are grossed up for franking credits. S&P/ASX200 Accumulation Index total return is grossed up for franking credits. Past performance is not a reliable indicator of future performance. The inception date for the Fund is 30 September 2005.
**Composite benchmark is calculated as 70% S&P/ASX200 Accumulation Index and 30% Bloomberg AusBond Bank Bills Index.The Fund reduces exposure to share market volatility to a typical range of 60-80% through the use of derivatives with the remaining 20-40% option protection seeking to deliver a cash-like risk/return profile.
***Average Daily Market Exposure is calculated as the daily net market exposure divided by the average Net Asset Value of the Fund.
For performance related queries call the Fidante Investor Services Team on 13 51 53