Mutual Limited
Cash and Fixed Income
About Mutual
Reliable income solutions with a focus on capital stability
A credit and fixed income specialist investment manager with a track record of performance and liquidity through various market cycles
An investment approach that focuses on selecting securities that are considered creditworthy and offer the potential to deliver a reliable and safe return to investors
Investment Team
Wayne Buckingham
Managing Director
Scott Rundell
Chief Investment Officer
Simon Clark
Head of Portfolio Management
Gian Johal
Portfolio Manager
Vladimir Slaviero
Quantitative Analyst
Mutual Income Fund
Mutual Income Fund offers investors access to a portfolio of debt instruments issued by the major Australian banks and other Australian Authorised Deposit-taking Institutions (ADIs). MIF provides investors with a low-risk, low volatility and low duration enhanced return.
Mutual Credit Fund
Mutual Credit Fund offers investors a diversified portfolio of fixed income credit assets with low correlation to equity markets. Over the recommended investment term, 3 years, Mutual Credit Fund is managed to return to investors, net of fees, BBSW +2.20%.
Mutual High Yield Fund
Mutual High Yield Fund offers investors access to fixed income credit products otherwise not available to retail investors. Mutual High Yield Fund targets capital stable higher yielding assets, with the objective to deliver investors a return, net of fees, of BBSW +4.50%.
Fund Summary
Fund Facts
Fund
Mutual Cash Fund
Mutual Income Fund
Mutual Credit Fund
Mutual High Yield Fund
Responsible Entity
Style
APIR
Minimum Investment
Benchmark
Performance Target
Inception Date
Risk Profile
Asset Profile
Distributions
Buy/Sell Spread
Credit Duration Cap
Interest Rate Duration
Liquidity
Management Fees
Mutual Limited
Cash
PRM0010AU (Class A)
$20,000
AusBond Bank Bills
Bank Bills plus 0.5%
September 2011
Low
Term Deposits of major Australian Banks
Quarterly
-
-
Low
Daily
0.25
Mutual Limited
Enhanced Cash
PRM0015AU
20,0000
AusBond Bank Bills
Bank Bills plus 1.2%
April 2013
Low-Medium
ADI Senior FRN's
ADI Tier 2 FRN's
Min 60% Major Banks
Max 40% Regional Banks
Quarterly
-
2.50 Years
Low
Daily
0.3905
Mutual Limited
Credit
PRM8256AU
20,000
AusBond Bank Bills
Bank Bills plus 2.2%
February 2020
Low-Medium
ADI Senior FRN's
ADI Tier 2 FRN's
ABS/RMBS Corporate
<20% Sub IG
Quarterly
-
2.50 Years
Low
Daily
0.4930
Mutual Limited
Enhanced Credit
PRM8798AU
20,000
AusBond Bank Bills
Bank Bills plus 4.5%
February 2019
Medium
ADI Senior FRN's
ADI Tier 2 FRN's
ABS/RMBS Corporate
Quarterly
0.25% sell spread
5.00 Years
Low
Daily
1.0260
1
2
3
1 After fees, per annum. Bank Bill as measured by the Bank Bill Swap Rate
2 ADI (Approved Deposit Institution); FRN (Floating Rate Note); ABS (Asset-backed Security); and RMBS (Residential Mortgage-backed Security)
3 % per annum, Including GST and net of Reduce Impact Tax Credits
Invest with Mutual
Before you invest in you must read the relevant Product Disclosure Statement, complete the Application Forms fully and correctly, and lodge according to the instructions provided. It is important that if you are considering investing in any financial products and services referred to on this website, you determine whether the relevant investment is suitable for your needs, objectives and financial circumstances. We strongly recommend that you seek independent financial advice before making an investment decision.
If you have any questions, please contact Mutual Limited: