eInvest EMAX ETF (CHI-X:EMAX)

eInvest Income Maximiser Fund

About the EMAX ETF

eInvest Income Maximiser Fund EMAX aims to provide investors with a monthly income stream by investing in a diversified portfolio of credit fixed income securities and cash that exceeds the RBA Cash Rate (after fees) over a market cycle.

EMAX ETF Performance Review

1
Year

5.38

3
Year

5
Year

Since
Inception

1.43

Running
Yield

Yield To
Maturity

3.64

Data Current To: 31/08/2021

Our review of EMAX ETF

An absolute return fund

Listed on Chi-X

What we like about the EMAX ETF

Actively managed

Monthly income

Low modified duration of 0.82 years as at 31 August 2021

Things to be aware of about the EMAX ETF

Lacks transparency of underlying investments

EMAX ETF Investment Strategy

EMAX is an absolute return bond strategy. The Fund is not constrained by any traditional fixed income index, which provides us the flexibility to seek out the best risk adjusted returns available across regions, sectors and securities.

EMAX ETF Share Price

What does the EMAX ETF Invest In?

EMAX is a Multi Sector ETF.

eInvest Income Maximiser Fund EMAX invests in diversified portfolio of Australian and offshore fixed income and credit securities and cash.

EMAX ETF Credit Quality

The average credit quality of the EMAX ETF is BBB-.

EMAX Frequently Asked Questions

What index does the EMAX ETF aim to replicate?

The EMAX ETF aims to replicate the Bloomberg AusBond Bank Bill Index.

How often does EMAX ETF pay distributions?

The distribution frequency of EMAX is Monthly.

When did the EMAX ETF start?

The inception date of the EMAX ETF was 22/11/2019.

What are the number of holdings in the EMAX ETF?

Total number of holdings in EMAX is 419 as of 31/08/2021.

What are the management fees for the EMAX ETF?

The annual management fees for the EMAX ETF are 0.65% p.a. Learn more about ETF fees in this article.

How can I invest in the EMAX ETF?

EMAX is an Exchange Traded Fund, and units may be bought or sold on the Chi-X like shares. Learn how to buy and sell ETFs in this article.

Does the EMAX ETF have a minimum investment amount?

No, there is no minimum to invest in the eInvest EMAX ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the EMAX ETF?

No, EMAX has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

About The Issuer Of The EMAX ETF: eInvest

eInvest is a provider of active ETF investments, providing easy, tradable investment solutions for everyday investors by offering high quality portfolios based on the research and skill of experienced investment professionals.

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Luke is the Chief Technical Officer of Fixed Income News Australia and responsible for website design and development, including fund finder functionality. He has worked for ASX-listed industry leaders and a variety of marketing agencies across Australia. Luke is Head of Marketing at communications, content and creative agency RGC Media & Mktng, MBA News Australia and Online MBA Australia. He holds a Diploma of Creative Arts and is Google Accredited.