| PORTFOLIO MANAGER | Daintree Capital Pty Management Limited |
| RISK PROFILE | Low-Medium |
| MINIMUM SUGGESTED INVESTMENT PERIOD | Medium term (up to 3 years) |
| FEE | 0.70% p.a. |
| PAYS MONTHLY DISTRIBUTION | Yes |
| OBJECTIVE | The aim of the Fund is to provide an absolute return (greater than cash) over time and a steady stream of income and capital stability over the medium term. |
| STRATEGY | The Fund invests into an Underlying Fund with a diversified portfolio of credit, fixed income securities and cash and applies a range of strategies that include duration and yield curve management (actively managing the maturity profile of the portfolio), sector rotation and individual security selection. Derivatives may also be used for investment and risk management purposes. Where the Fund invests in overseas securities, these are hedged back to the NZD. |
| FUND BENCHMARK | Bloomberg AusBond Composite 0-5 Yr, 100% hedged to NZD |
The Daintree Core Income PIE is designed to offer New Zealand investors tax and currency-efficient access to the Daintree Core Income Trust (Underlying Fund), an Australian Unit Trust managed by Daintree Capital, that invests in fixed income securities.
