Betashares Martin Currie Real Income Fund (managed fund)
- Australian shares
Earn income from an actively managed portfolio of companies with 'real' assets
RINC invests in an actively managed portfolio of listed Australian real assets, such as A-REITs, utilities and infrastructure securities. It aims to generate an after-tax income yield higher than that produced by the S&P/ASX 200 Index, and to increase that income above the rate of inflation. The Fund is managed by Franklin Templeton’s Specialist Investment Manager, Martin Currie.
Benefits of RINC
Attractive, growing income
RINC invests in quality Australian companies that own ‘hard’ physical assets and are expected to pay strong dividend income from reliable revenue streams.
Keep pace with inflation
Real asset businesses are typically well-positioned to increase revenue and profit over time, enabling them to grow income in excess of the rise in the cost of living.
Lower concentration risk than Australian Property Securities Index
As RINC’s focus is broader than property, it provides more diversified exposure to listed real assets, avoiding the sector and stock concentration issues associated with the A-REIT Index.
There are risks associated with an investment in RINC, including market risk, sector 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 29 November 2023
|Net assets* ($A)||$53,090,125|
|Units outstanding* (#)||6,586,057|
|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 29 November 2023* As of close of previous day
**Certain additional costs apply. Please refer to PDS.
|Bloomberg code||RINC AU|
|iNAV IRESS code||RINCINAV.ETF|
|Market makers||Susquehanna Pacific|
|Bloomberg index ticker||N/A|
|Forecast Gross Portfolio Yield (%)||6.8%|
|Forecast Net Portfolio Yield (%)||6.6%|
Holdings & allocation
|Name (in alphabetical order)|
|CHARTER HALL RETAIL REIT|
|DIGITAL REALTY TRUST|
|HOMECO DAILY NEEDS REIT|
|NATIONAL GRID PLC|
* As at 31 October 2023. Excludes cash
* As of 31 October 2023
Fund returns after fees (%)
|3 year p.a.||3.91%||-|
|5 year p.a.||2.63%||-|
|10 year p.a.||-||-|
* 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*||4.0%|
|12 mth gross distribution yield*||4.2%|
*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.