Overview
Listed on the Australian Securities Exchange (ASX) on October 17, 2006 The Australian Enhanced Income Fund invests in a diversified portfolio of listed debt equity hybrid securities. The Fund is designed primarily for investors who are seeking to earn a rate of return consistently above the bank bill rate of return.
The suggested timeframe for an investment in the Fund is at least 3 years.
The Fund's ASX code is AYF.
To find out more about the Australian Enhanced Income Fund click on the links below.
- How to invest
- Latest Fact Sheet
- Product Disclosure Statement
- Net Asset Value and Performance Review Commentary
- Dividends and Franking Estimates
- Finding a Stockbroker
- Dividend Reinvestment Plan Rules
- Off Market Redemption Form
- Annual Reports
- Withholding Tax Distribution Statements
- Investor Presentations
- Latest Announcements
How to Invest
You can buy units in the Australian Enhanced Income Fund (“Fund”) on the Australian Securities Exchange (ASX) through any stockbroker. A list of our preferred stockbrokers can be found on this page under the heading Finding a Stockbroker.
The Fund offers a Dividend Reinvestment Plan (DRP) allowing unit holders to elect to receive their dividends in new units rather than in cash. This is an excellent cost efficient way to increase your holding in the Fund as there are no transaction costs associated with units issued under the DRP.
Units issued under the DRP are issued at the volume weighted average price or VWAP which is determined in the 5 trading days immediately preceding the record date.
Details of the Fund's DRP can be found under the heading on this page entitled Dividend Reinvestment Plan.
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Latest Fact Sheet
To view the latest Fact Sheet Click here
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Product Disclosure Statement (PDS)
To view the PDS Click here
Please note that this PDS is no longer in use. A new PDS will be issued shortly.
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Net Asset Value (NAV)
Latest NAV..................$6.468.
Ex-dustribution NAV ...$6.343.
The Fund's NAV of a unit at the close of business on 31 December 2011 was $6.468. This compares with the NAV of a unit at close of business on 30 November 2011 of $6.405. The change in NAV over the period from close of business on 30 November 2011 to 31 December 2011 represents a return of +0.98%. After the payment to unit holders registered at the close of business on 31 December 2011 of the cash distribution of $0.125 the Fund's NAV of a unit was $6.343. The franking benefit for December 2011 was estimated to be 0.08%.
To download the Fund's NAV history Click here
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Monthly NAV and Performance Review Commentary
To download a copy of the December 2011 Performance Review Click here
To download November's Review Click here
To download October's Review Click here
To download September's Review Click here
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Dividends and Franking estimates
Latest cash distribution: December Quarter 2011: $0.125 per unit.
To view previous cash distributions Click here
We remind investors in the Fund that we will continue to provide a franking estimate with each published monthly NAV and at each distribution point.
We estimate that 39.5% of the $0.125 cent per unit cash distribution paid to unit holders at the close of business on 30 June will be fully franked.
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Finding a Stockbroker
We recommend the following stockbrokers:
Patersons
EL&C Baillieu
RBS Morgans
Taylor Collison
Macquarie
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Dividend Reinvestment Plan Rules
To download the Dividend Reinvestment Plan (DRP) rules simply click on the link below. The document covers definitions, conditions, eligibility, participation, operation, statements, acquisition and sale of units, termination, variation, suspension, costs and administration of the plan. Click here
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Off Market Redemption Form
To download a copy of the off market redemption form Click here
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Annual Report
To download a copy of the latest Annual Report Click here
Quarterly Withholding Tax Distribution Statements
To download a copy of the Quarterly Withholding Tax Distribution Statements Click here
Investor Presentations
To download a copy of our most recent investor presentation Click hereReturn to Top
Latest Announcements
To download the latest ASX Announcements Click here
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