Betashares Martin Currie Equity Income Fund (managed fund)
- Australian shares
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 Franklin Templeton’s Specialist Investment Manager, Martin Currie.
Benefits of EINC
Attractive income from quality companies
The Fund actively selects quality Australian companies paying attractive income, and with the potential for long-term income growth.
Simple investment strategy, tax efficient
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.
There are risks associated with an investment in EINC, including market risk, individual security risk and market making risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
How to invest
- You can buy or sell units just like you’d buy or sell any share on the ASX.
- Fund requires no minimum investment.
|% Change (prev day)|
* Data is delayed by at least 20 minutes.
* As at 20 April 2022 04:29:59 PM
* As at 6 December 2023
|Net assets* ($A)||$22,029,225|
|Units outstanding* (#)||2,729,745|
|Management fee and cost** (p.a.)||0.85%|
|Investment manager||Franklin Templeton Australia Limited|
|Distribution reinvestment plan (DRP)||Full or partial participation available|
|Issuer||Betashares Capital Ltd|
|Registry||Link Market Services|
* As at 6 December 2023* As of close of previous day
**Certain additional costs apply. Please refer to PDS.
|Bloomberg code||EINC AU|
|iNAV IRESS code||EINCINAV.ETF|
|Market makers||Susquehanna Pacific|
|Bloomberg index ticker||N/A|
|Forecast Gross Portfolio Yield (%)||7.0%|
|Forecast Net Portfolio Yield (%)||5.5%|
Holdings & allocation
|Name (in alphabetical order)|
|NATIONAL AUSTRALIA BANK|
|QBE INSURANCE GROUP|
|SPARK NEW ZEALAND|
* As at 31 October 2023. Excludes cash
* As of 31 October 2023
Fund returns after fees (%)
|3 year p.a.||7.66%||-|
|5 year p.a.||4.86%||-|
|10 year p.a.||-||-|
|Since inception (p.a.)||3.66%||-|
* As at 31 October 2023.
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
|12 mth distribution yield*||4.4%|
|12 mth gross distribution yield*||6.0%|
*As at 31 October 2023. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Franking level is total franking level over the last 12 months. Past performance is not indicative of future performance.
|Ex Date||Record Date||Payment Date||Distribution Unit ($)||Annual Distribution Return (%) (1)|
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.