Mutual Income Fund
The Mutual Income Fund is a portfolio of debt instruments issued by the major Australian banks and other Australian Authorised Deposit-taking Institutions (ADIs).
Comparison Data
1Performance
| 1 month | 3 month | 1 year | 3 year | 5 year | Since Inception | Inception Date |
|---|---|---|---|---|---|---|
| 0.18% | 1.33% | 5.46% | 6.22% | 3.96% | 3.48% | 2 Apr 2013 |
Fees
| Management Fee | Performance Fee | Morningstar Total Cost Ratio |
|---|---|---|
| 0.39% | - | 0.39% |
The Fund aims to achieve superior outcomes across two investment objectives:
- Greater income than the Bloomberg Ausbond Bank Bill Index (after fees) quarterly
- Greater total return than the Bloomberg Ausbond Bank Bill Index (after fees) over a rolling 12-month period
Mutual’s investment process is based on using bottom-up fundamental analysis to determine the relative value and appropriateness of the various Australian bank bonds available within the market.
The cornerstone of Mutual's investment philosophy is security with performance. The team's research process places its emphasis on mitigating downside risks by attempting to provide investors with a high level of capital preservation and outperforming the Bloomberg Index, while generating excess net cash returns to investors.
Security
The Fund only invests in authorised investments.
Diversification
Invests in a diversified range of issuers and maturities, which individual investors may not be able to otherwise access.
Regular Income
Potentially receive higher levels of income than term deposits, and the ability to receive income quarterly at the end of March, June, September and December.
Capital preservation
Preserve capital through Mutual’s prudent risk management and cautious approach that prioritises managing downside risk.
Access & Liquidity
Highly liquid, redemptions are usually paid within 5 business days.
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 25 years domestic and international market experience. Expertise in public funds, markets related dealing and private wealth creation. Previously Director at ANZ – Private Wealth.
Simon has over 15 years Financial Markets experience, the last 10 years specialising in deposit and investment products. Simon's most recent role was Director, Wealth Distribution Financial Markets, Westpac Group.
Tyson has completed a Bachelor of Business and Commerce majoring in Accounting, Finance and Macroeconomics in 2012. Tyson has ten years experience in investments and funds management.
Scott has over 25 years’ of financial markets experience, specialising in fixed income investment strategy, portfolio management, fundamental credit analysis, and relative value analysis in both the high yield and investment grade space.
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.