Mutual High Yield Fund
The High Yield Fund offers fixed income credit products otherwise not available to retail investors, targeting capital stable higher yielding assets.
Comparison Data
1Performance
| 1 month | 3 month | 1 year | 3 year | 5 year | Since Inception | Inception Date |
|---|---|---|---|---|---|---|
| 0.77% | 1.8% | 10.17% | 9.84% | 8.58% | 7.04% | 1 Feb 2019 |
Fees
| Management Fee | Performance Fee | Morningstar Total Cost Ratio |
|---|---|---|
| 1.03% | - | 1.03% |
The Fund targets capital stable higher yielding assets, with the objective to deliver investors a return, net of fees, of Bank Bill Swap Rate +4.50%.
The Fund provides an actively managed portfolio of premium credit instruments to provide liquidity and higher yielding returns than typically offered in the retail space; with little correlation to the equity markets.
Targeted portfolio construction aims to hold assets with a shorter credit duration to ameliorate periods when risk assets sell-off. Mutual manages interest rate risk by predominately investing in assets that reset their reference rate every 30 or 90 days.
-
Security: The Fund will focus on capital preservation. Diversification: The Fund will be diversified as to a range of issuers and maturities. Low correlation to equity markets.
Income: Income is accrued on a daily basis and paid quarterly, distributed usually within 5 Business Days of quarter end (September, December, March and June in each year), by reinvestment in additional Units or paid in cash.
Access & Liquidity3 : Redemptions are usually paid within 21 days. Income reinvestment: Income can be reinvested automatically.
Exposure to investment opportunities: Access to investment opportunities that individual investors may not be able to otherwise access.
Professional management: Access to a highly experienced investment management team with a proven track record in managing higher yielding fixed income portfolios.
Mutual Limited value transparency and integrity. We specialise in managing funds for investors that are either conservative, prudentially supervised or who operate subject to regulated investment regimes.
We act as Responsible Entity and Investment Manager for registered managed investment schemes we have established, specialising in cash, enhanced cash, credit and enhanced credit.
Wayne has over 20 years domestic and international market experience. Expertise in public funds, markets related dealing and private wealth creation. Previously he was a Director at ANZ – Private Wealth.
Brian has over 25 years investment experience. Specialisation in fixed interest portfolio management for government and not-for-profit organisations. Previously he was an Associate Director at ANZ.
Tyson has completed a Bachelor of Business and Commerce majoring in Accounting, Finance and Macroeconomics in 2012. Tyson has seven years’ experience in investments and funds management.
All figures as at 29 April 2022
If you have joined Investment Markets (which is free) and verified your email address, you can send an email directly to us either by: -
- Selecting “Enquire” when viewing the card relating to the listing, OR
- By completing the enquiry form on the lefthand side when viewing the detail of a listing
We will respond using your preferred communication method (i.e. email or phone).
Tags
Published by Copia Investment Partners Ltd
FIXED INTERESTINVESTOR EDUCATION
SHARESINVESTOR EDUCATION
INVESTMENT THEMESSHARES
Published by Copia Investment Partners Ltd
Statutory Statement
The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
General Disclaimer
IMPORTANT STATEMENT ABOUT YOUR USE OF THIS SITE
Information on this site is intended for Australian users only.
This site is operated by Investment Markets (Aust) Pty Ltd. (ACN 634 057 248) (IMA, we, us and our), the holder of Australian Financial Services Licence (AFSL) no. 527875. The content is provided solely for information purposes, is not a recommendation or an offer to buy or sell a security, and is not warranted to be correct, complete or accurate. To the extent permitted by law, neither IMA, its affiliates, nor the content providers (such as the issuers of securities who appear on the site) are responsible for any investment decisions, damages or losses resulting from, or related to, the content, data and analyses or their use. The investment products on this site and any statements made about them by their issuers are not vetted, verified or researched by IMA. The presence of an investment product on this site should not be interpreted as an implied endorsement of it by IMA. Certain content provided may constitute a summary or extract of another document such as a Product Disclosure Statement. To the extent any content is general advice, it has been prepared by IMA. Any general advice has been provided without reference to your investment objectives, financial situations or needs. For more information refer to our Financial Services Guide. To obtain advice tailored to your situation, contact a financial advisor. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (or other offer document) before making any decision to invest. Past performance does not necessarily indicate an investment product’s future performance. The content is current as at date of initial publication and may not be current as at your date of viewing. For a more complete understanding of all the terms and conditions of your use of this site click here.
1 For use in Australia: © 2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its affiliates or content providers; (2) may not be copied, adapted or distributed; (3) is not warranted to be accurate, complete or timely and 4) has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), subsidiary of Morningstar. Neither Morningstar nor its content providers are responsible for any damages arising from the use and distribution of this information. Past performance is no guarantee of future results.
Any general advice has been provided without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide at http://www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Morningstar's publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Morningstar's full research reports are the source of any Morningstar Ratings and are available from Morningstar or your advisor. Past performance does not necessarily indicate a financial product's future performance. To obtain advice tailored to your situation, contact a financial advisor. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782.