BetaShares Legg Mason Equity Income Fund (managed fund)
Opportunity to earn an attractive and growing income stream, paid quarterly, from an actively managed portfolio of high-yielding, high-quality Australian shares.
EINC invests in an actively managed portfolio of income-oriented Australian shares that aims to generate an after-tax yield higher than that produced by the S&P/ASX 200 Index, and to grow that income above the rate of inflation. The Fund is managed by Martin Currie, a leading equities manager and affiliate of Legg Mason.
The Fund actively selects quality Australian companies paying attractive income, and with the potential for long-term income growth.
EINC invests only in high-quality shares and does not use derivatives to generate income. Also, the Fund aims to maximise the benefits of franking credits for investors.
The Fund’s active management approach targets lower portfolio volatility than the S&P/ASX 200 Index and less concentrated stock and sector exposures.
|% Change (prev day)||-|
iNAV stands for Indicative Net Asset Value. It is updated every 60 seconds and provides an estimate of the net asset value of the Fund during the trading day
|Net Assets* ($A)||$20,127,624|
|Units Outstanding* (#)||3,189,036|
|Mgmt Costs** (% p.a.)||0.85%|
|Distribution Reinvestment Plan (DRP)||Full or partial participation available|
|Issuer||BetaShares Capital Ltd|
|Investment Manager||Legg Mason Asset Management Australia Limited|
|Fund Administrator||RBC Investor Services|
|Custodian||RBC Investor Services|
|Registry||Link Market Services|
|Bloomberg Code||EINC AU|
|Trading Hours||10:00-16:00 (AEST)|
|iNAV IRESS Code||EINCINAV.ETF|
|Bloomberg Index Ticker||N/A|
Forecast Gross Portfolio Yield (%)
Yield forecast calculated using the weighted average of broker consensus forecasts of each portfolio holding and research conducted by Legg Mason Australia, is gross of franking credits and excludes Active ETF fees and costs. Actual fund yield may differ due to various factors, including changes in the number of units on issue, and not all investors will be able to receive the full value of franking credits. Neither the yield forecast nor past performance is a guarantee of future results.
Forecast Net Portfolio Yield (%)
Yield forecast calculated using the weighted average of broker consensus forecasts of each portfolio holding and research conducted by Legg Mason Australia, and excludes Active ETF fees and costs. Actual fund yield may differ due to various factors, including changes in the number of units on issue. Neither the yield forecast nor past performance is a guarantee of future results.
|Name (in alphabetical order)|
|AGL ENERGY LTD|
|AUSTRALIA & NEW ZEALAND BANKIN|
|COCA-COLA AMATIL LTD|
|COLES GROUP LTD|
|COMMONWEALTH BANK OF AUSTRALIA|
|JB HI-FI LTD|
|NATIONAL AUSTRALIA BANK LTD|
|TELSTRA CORP LTD|
|WOODSIDE PETROLEUM LTD|
|3 year p.a||-||-|
|5 year p.a||-||-|
|Since inception (p.a)||-7.42%||-2.22%|
|12 Mth Distribution Yield* (%)||5.9%|
|12 Mth Gross Distribution Yield* (%)||8.3%|
|Ex Date||Record Date||Payment Date||Distribution Unit ($)||Annual Distribution Return (%) (1)|
Factsheet - EINC
Fund Flyer - EINC
Product Brochure - EINC
Equity Income - a multi-decade theme
EINC - income for growth
Product Disclosure Statement - EINC
Annual Report - June 2019
LM NRWT and Fund Payment Notice information - December 2019 distributions
NRWT and Fund Payment Notice information - September 2019 distributions
NRWT and Fund Payment Notice information - June 2019 distributions
NRWT and Fund Payment Notice information – March 2019 distributions
Interim Financial Report 2018
2020 Legg Mason Distribution Calendar