APIR: OMF5868AU
Performance
1
Year
Year
3
Year
Year
5
Year
Year
Since Inception
2.17
Running Yield
6.04
Yield To Maturity
Data Current To: 31/07/2020
Information
Issuer: |
Realm |
Sector: |
Multi |
Index: |
Cash Rate + 4.75% (Net Of Fees) |
| Inception Date: | 21/02/2020 |
| Strategy: | Realm Strategic Income Fund Enduring Units, follows on from the first class via the Realm Strategic Income Fund 2018-1, which focused on structured credit opportunities, with the strategy taking advantage of a new regulatory environment driven by APRA’s Policy Statement 120. APRA’s new policy impacts the capital requirements around all forms of bank funded assets, in particular mortgages and loans. Realm Investment House (RIH) believe that APRA’s policy statement will increase general capital requirements for Banks, Building Societies & Credit Unions (ADI), Corporations and Non-Bank Financial Institutions. Banks are the current senior funders for mortgage and corporate debt facilities, and an estimated additional $3bn of new capital is required for the secured asset backed funding markets. The enhanced features of the Enduring Units include an open ended structure, monthly applications, with the manager expecting to provide monthly limited liquidity windows. |
Details
| Management Costs: | 0.99% p.a. |
| Minimum Initial Amount: | $25000 |
| Income Distribution: | Monthly |
| Fund Size: | $30.7m (AUD) |
| Number of Holdings: | 35 |
