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TCF - 360 Capital Mortgage REIT

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Pager

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As i had a term deposit mature instead of reinvesting the funds for the low risk/cash allocation of my super i Bought some of these yesterday for the SMSF, went ex dividend today, decent track record and i thought a good way to get a bit higher yield and exposure to a basket of hybrids.

May buy more as other term deposits mature, any opinion or anyone else been buying these ?


http://www.eiml.com.au/listed.php/53/212

The Australian Enhanced Income Fund is a listed managed hybrid fund. The Fund invests in a diversified portfolio of up to 35 ASX listed debt equity hybrid securities.

As at 28 June 2013 the Fund's rolling 3 year return, expressed annually was 6.84% p.a. (net of fees but before the benefit of franking). This compares favourably with the Bank Bill rate of return over the same period of 4.38% per annum.
 
Pager said:
As i had a term deposit mature instead of reinvesting the funds for the low risk/cash allocation of my super i Bought some of these yesterday for the SMSF, went ex dividend today, decent track record and i thought a good way to get a bit higher yield and exposure to a basket of hybrids.

May buy more as other term deposits mature, any opinion or anyone else been buying these ?


http://www.eiml.com.au/listed.php/53/212

The Australian Enhanced Income Fund is a listed managed hybrid fund. The Fund invests in a diversified portfolio of up to 35 ASX listed debt equity hybrid securities.

As at 28 June 2013 the Fund's rolling 3 year return, expressed annually was 6.84% p.a. (net of fees but before the benefit of franking). This compares favourably with the Bank Bill rate of return over the same period of 4.38% per annum.
Click to expand...

I have about 15% of my SMSF invested in AYF. They're a decent yield play in the current financially repressed market. I don't expect the share price to do much, but they have been far less volatile than the general ASX.

Current distributions have been dropped to 10C / qtr with some franking so expect roughly 45c a year grossed up which is around the 7% mark at current prices.

You could look at AKY. I have this in my SMSF as well (~20%). It has bought into various corporate bonds a few years back. Dixon financial services runs it. This is their 5th listed bond fund. They bought quite a bit of debt at depressed prices so the yield is quite good. I like that over time they return your capital as the bonds mature. I really hope they do another fund as it's perfect for a SMSF. Yield is 6%+ full franked.

Unfortunately I've not found anything else similar. other option is direct bonds say via FIIG but not as convenient for buying and selling
 
sydboy007 said:
I have about 15% of my SMSF invested in AYF. They're a decent yield play in the current financially repressed market. I don't expect the share price to do much, but they have been far less volatile than the general ASX.

Current distributions have been dropped to 10C / qtr with some franking so expect roughly 45c a year grossed up which is around the 7% mark at current prices.

You could look at AKY. I have this in my SMSF as well (~20%). It has bought into various corporate bonds a few years back. Dixon financial services runs it. This is their 5th listed bond fund. They bought quite a bit of debt at depressed prices so the yield is quite good. I like that over time they return your capital as the bonds mature. I really hope they do another fund as it's perfect for a SMSF. Yield is 6%+ full franked.

Unfortunately I've not found anything else similar. other option is direct bonds say via FIIG but not as convenient for buying and selling
Click to expand...


Thanks for that, very helpful and will have a look at AKY, hadn’t come across that one.

Your right there isn’t much about, I did look at using FIIG in my super but im with esuperfund and so limited to whom I can use, maybe they are allowed though i never inquired as like you I wanted something easier for buying and selling, as well as AYF I bought some State Street Bond ETF (BOND) and Russell Corporate bond EFT (RCB) when another Term deposit matured, I wont get a lot more yield than from using Term deposits and these ETF,s are still quite new so no track record but the managers are good with a sound history of tracking varies index,s with there other funds.
 
On October 6th, 2020, Australian Enhanced Income Fund (AYF) changed its name and ASX code to 360 Capital Enhanced Income Fund (TCF).
 
On July 28th, 2023, 360 Capital Enhanced Income Fund changed its name to 360 Capital Mortgage REIT.
 
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