Generating higher income without exposure to the share market
Actively managed to generate a higher income
The Bendigo Income Generation Fund (Fund) is a defensive/conservative style investment. Designed to provide regular income consistently higher than traditional cash investments, it is actively managed to balance risk and return opportunities through different market conditions.
The Managed Fund product/s referenced on this page are issued by our wholly owned subsidiary Sandhurst Trustees Limited.
Minimum initial investment $500
Ability to add to your investment
Quarterly income distributions
How it works
The Fund aims to deliver income returns of 2% above the AusBond Bank Bill Index (before fees).
The Fund works in a similar way to our Sandhurst Strategic Income Fund (SSIF), but with the potential for a higher return. This is achieved through the active management and allocation of assets, taking on more risk to allow the Fund to achieve higher returns.
The credit securities the Fund will invest in include corporate bonds, asset backed securities (including residential mortgage backed securities), hybrid securities, money market securities and other income securities including syndicated loans. And whilst this Fund allocates more assets to ‘riskier’ securities, they are still considered Income Assets (generally more stable). The Fund does not invest in equities. Read our ‘Types of Investments’ article to find out more.
This Fund may be ideal for an investor looking for a higher return than other Income Funds, is comfortable taking on a higher level of risk, but still wanting some stability within the fund.
Features
- Low minimum initial investment of $500
- Regular income stream through quarterly income distributions
- Regular savings plan available
- Add to your investment at any time (minimum additional is $100 or $50 per month via a regular savings plan)
- Access to a diversified credit portfolio
- Easy access to your funds
Defensive or conservative
To invest in this style, you would have a low tolerance for losses and risks which naturally leads you to give up on a larger return that comes with higher-risk investments. This investment style often looks to fixed income products such as cash, loan funds and bond funds. Usually at least 60% of this portfolio would be in defensive assets.
Recommended investment timeframe
Recommended for at least a 2 to 3 year investment period.
Risk Profile
Low to Medium
Rates and fees*
No entry or exit fees
No fees for additional deposits
Management Fees and Costs are 0.60% p.a. of the net asset value of the Fund
View latest Fund performance reports
Rating reports
Any rating is only one factor to consider when deciding to invest.
Foresight Analytics
Foresight Analytics has assigned a VERY STRONG investment rating to the Fund with a product complexity indicator designating the Fund as a Relatively Simple Product. A rating of VERY STRONG indicates a very strong conviction that the Fund can deliver a risk adjusted return in line with its investment objective. Designation as a Relatively Simple Product indicates that the investment manager will seek to outperform their chosen mainstream market sector. Foresight Analytics' opinion is that the investment managers' investment process is robust and benefits from the experienced management team^.
Read the investment rating report for further information.
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Related documents
The information on this page is a summary only. For further information please refer to the following documents
Latest performance reports
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Fund performance report September 2023pdf, 154 KB
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Fund performance report June 2023pdf, 131 KB
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Fund performance report March 2023pdf, 101 KB
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Fund performance report December 2022pdf, 134 KB
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Fund performance report September 2022pdf, 137 KB
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Fund performance report June 2022pdf, 194 KB
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Fund performance report March 2022pdf, 171 KB
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Fund performance report February 2022pdf, 93 KB
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Fund performance report January 2022pdf, 127 KB
Education HUB article
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Why invest in a managed fund
A managed fund is a professionally managed investment portfolio that pools your money together with the money of multiple investors. An Investment Manager then buys and sells shares or other assets (property, cash, bonds etc) on your behalf.
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Enquire online
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At a branch
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Things you should know
Target Market Determinations for products are available.
* Management costs are based on costs incurred by the Fund in the past financial year and may be different in the current and future financial years. Other fees and costs may apply. See the Product Disclosure Statement for full details.
^ A rating is not a recommendation to invest, retain or redeem units in the Fund. The rating may be subject to change or withdrawal at any time. A copy of Foresight Analytics' Financial Services Guide can be found at foresight-analytics.com/financial-services-guide.
Sandhurst Trustees
Sandhurst Trustees Limited ABN 16 004 030 737 AFSL 237906 (Sandhurst) is a wholly owned subsidiary of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879. Sandhurst is the responsible entity and issuer of the managed funds available on this website. Additionally, Sandhurst is the issuer of commercial lending products and the provider of traditional trustee services available on this website. Each of these companies receives remuneration on the issue of the product or service they provide. Investments in these products are not deposits with, guaranteed by, or liabilities of Bendigo and Adelaide Bank nor any of its related entities, and are subject to normal investment risk, including possible delays in repayment and loss of income and capital invested.
Information on the website is jointly prepared by Sandhurst and Bendigo and Adelaide Bank and subject to change without notice. Advice in relation to managed funds and commercial lending products is provided by Sandhurst. The information contains general advice only and does not take into account your personal objectives, situation or needs. Before making an investment decision in relation to these products you should consider your situation and read the relevant Product Disclosure Statement available on this site.
The information is given in good faith and has been derived from sources believed to be accurate at its issue date. Neither Sandhurst nor the Bendigo and Adelaide Bank give any warranty for the reliability or accuracy or accept any responsibility arising in any way, including by reason of negligence for errors or omissions for the information contained on this website. Neither Sandhurst nor the Bendigo and Adelaide Bank has an obligation to update, modify or amend this website or notify you in the event that a matter of opinion or projection stated changes or subsequently becomes inaccurate.
Neither Sandhurst nor Bendigo and Adelaide Bank is responsible for the content of any other site accessed via this site. That information is the responsibility of the site owner. Links to other sites are provided for convenience only and do not represent any endorsement by Sandhurst or the Bendigo and Adelaide Bank of the products and services offered by the site owner.
