EIGA aims to provide you a regular, monthly income. We do this by aiming for a gross yield (adjusted for franking credits and after fees) above that provided by the S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt).
EIGA is suited to investors who are seeking a greater level of income than that achieved by term deposits and are able to take full advantage of franking credits and share buybacks that the investments can provide.
*The distribution yield target is the gross yield based on the unit price at the start of the period, it is inclusive of franking credits. The income target comprises of a 5% cash dividend yield, paid monthly, and 2% franking credits, payable at year end. The final gross yield is not known until completion of each financial year. The distribution yield target is not guaranteed but is a target based on assumptions. Should these assumptions prove inaccurate this will change the final income outcome.
Perennial Partners has committed to plant one tree for each client invested in our funds, working with the OneTreePlanted initiative.
12 Month Distribution Yield (including Franking Credits)
9.8% cash yield
3% franking credits
DRP Cut Off Date
Est. Distribution cents per unit
Management fee of 0.80% pa, inclusive of GST and RITC. Fees and costs as described in section 5 of the PDS will apply.
Past performance is not a reliable indicator of future performance.
Only institutional, sophisticated and wholesale investors, as defined in the Corporations Act 2001 (Cth), may make applications to invest in the Perennial Private to Public Opportunities Fund.
Are you a Wholesale Investor?
eInvest Income Generator Fund Commentary 03/21