EINC - Betashares Legg Mason Equity Income Fund (Managed Fund)

[salvatore]

Hi All,
First time poster
Ive done a search for EINC and not found anything
Im looking at making an investment in EINC but would love to hear some considered opinions on EINC.
Currently focused on an Vanguard ETF strategy - ive come up with my own risk profile and assets allocation - and am spreading my investments over 5 different Vanguard ETFs

But I like the sound of EINC too

My investment goal is to biuld up a nice mix of capital growth and income stream. The later which will be used to fund further investment for the next 8-10 years at which point I may need the income for day to day expense

Thanks in advance

 

[minwa]

A quick look at their performance shows they have not achieved their goal since inception this year. Their performance lagged by a large margin. Any investment would be on hope that they turn themselves around hard. I would let then prove themselves first at least by matching XJO before any interest in looking at it.

 

[thembi]

Pretty important to understand that these strategies do not aim to match or beat things like the S&P/ASX 200, but rather have explicit income targets. They are therefore meant for investors who are seeking growing income rather than necessarily capital growth. Their unlisted fund (on which this ETF is based) has done a good job of growing income and they are very well regarded in this space. If you're after income (at the expense of capital growth) could be worth a look

 

[minwa]

Pretty important to understand that these strategies do not aim to match or beat things like the S&P/ASX 200, but rather have explicit income targets. They are therefore meant for investors who are seeking growing income rather than necessarily capital growth. Their unlisted fund (on which this ETF is based) has done a good job of growing income and they are very well regarded in this space. If you're after income (at the expense of capital growth) could be worth a look

I don't know about their unlisted fund but this underyields XJO ETF.

EINC: Dividend Indicated Gross Yield 1.19%

IOZ(ASX200ETF): Dividend Indicated Gross Yield 3.61%

They've performed poorly in the income department.

 

[salvatore]

thanks for everyone's replies. Much appreciated