Providing regular income and capital stability by investing in income-generating assets.
A different way to save
The Sandhurst Investment Term Fund's objective is to provide regular income and capital stability by investing in income-generating assets, including first registered mortgages and cash. You can choose from a range of investment terms – from 3 months to 5 years.
The Managed Fund product/s referenced on this page are issued by our wholly owned subsidiary Sandhurst Trustees Limited.
Minimum initial investment $2,000
Investment terms from 3 months to 5 years
Access to Bendigo e-banking services2
How it works
Sandhurst aims to achieve the investment objective of the Fund by investing in a pool of diversified mortgage assets that is consistent with our conservative lending policy.
The Fund predominantly invests in Australian first registered mortgages and mortgage backed securities that are income producing. The Fund also seeks to hold cash and cash equivalent assets to generate income and provide liquidity to the Fund.
- Low minimum initial investment of $2,000.
- Regular income stream through monthly or quarterly income distributions.
- Choice of investment terms from 3 months to 5 years, to cater for a range of investors.
- Ability to choose between income payments being automatically re-invested or direct credited to an account of your choice.
- Access to Bendigo Bank e-banking services available for online banking2
- On the 3 year term investments there is a rainy day access feature, allowing you to withdraw1 25% of your initial investment at anytime during the term.
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
Select a term of between 3 months and 5 years
View the Save It Matrix
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Latest performance reports
Fund performance report September 2021pdf, 123 KB
Fund performance report June 2021pdf, 153 KB
Fund performance report March 2021pdf, 143 KB
Fund performance report December 2020pdf, 144 KB
Fund performance report September 2020pdf, 144 KB
Fund performance report June 2020pdf, 145 KB
Fund performance report March 2020pdf, 145 KB
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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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Things you should know
Early withdrawal may be available at Sandhurst’s discretion in special circumstances, although penalties may apply in the form of a reduced rate of return. From October 23, 2019 the reduced rate of return is 0.10% p.a. and is subject to change. Accessing your funds under the rainy day terms, does not result in a reduced rate of return.
The managed fund described is issued by Sandhurst Trustees Limited ABN 16 004 030 737 AFSL 237906 (Sandhurst), a subsidiary of the Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879 (the Bank). Both of these companies receive remuneration on the issue of the product or service they provide. Investments in this Fund are not deposits with, guaranteed by, or liabilities of the Bendigo and Adelaide Bank Limited, or any other bank and are subject to normal investment risk including loss of some or all of the principal invested. Past performance is not an indication of future performance. Please consider your situation and read the PDS before making an investment decision
1 Sandhurst shall satisfy withdrawal requests as soon as practicable (generally on the same day, but not more than 12 months). However, withdrawal requests may be delayed or refused if in Sandhurst’s reasonable opinion it is in the best interests of investors as a whole to do so. Investors will only have limited rights to withdraw if the Fund does not satisfy the liquidity test in the Corporations Act. There is a risk that withdrawal proceeds will not be paid within a reasonable period after the initial investment term.
2 Please contact 1300 236 344 to apply for e-banking services. Approval is subject to Bendigo Bank’s discretion.
3 Refer to the ‘Fees and other costs’ section of the current Product Disclosure Statement for more details of fees and costs. Indirect Cost Ratio (ICR) includes investment management fees and certain other expenses; and is inclusive of GST. The investment management fee is calculated using the net asset value of the Fund. The historical ICR for the Fund is only an indicative measure and the actual expenses may vary from year to year. Please refer to the Product Disclosure Statement for further information on fees and costs.
4 The indicative rate is not guaranteed and there is a risk that the rate paid may be lower than the published indicative rate.
Please see a copy of the relevant Valuation Policy here
Sandhurst Trustees Limited
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. Each of these companies receive remuneration on the issue of the product or service they provide. Sandhurst is the responsible entity and issuer of the managed funds available on this website, and is also the trustee and issuer of the Bendigo superannuation products. Investments in these products are not deposits with, guaranteed by, or liabilities of Bendigo and Adelaide Bank and are subject to normal investment risk, including possible delays in repayment and loss of income and capital invested. Before making an investment decision in relation to one of these products you should consider your situation and read the relevant Product Disclosure Statement available on this site.
Sandhurst is the issuer of the commercial lending products and the provider of any traditional trustee services available on this website. The Bendigo Funeral Bond (“the Bond”) is an investment product issued by Australian Friendly Society Limited (“the Society”), ABN 29 087 648 851 AFSL 247028, with benefits provided by the Society’s Funeral Benefit Fund established under Schedule 1, Rule E of its constitution and administered by Sandhurst. The Travel Protection Plan is issued by AIA Australia Limited ABN 79 004 837 861 AFSL 230043. The Society is associated with the Bank and its related entities. Neither the Bank nor any of its related entities guarantee the repayment of capital invested or the investment performance of the Bond. Information is correct at the date of this document and is subject to change.
The content on this website has been jointly prepared by Sandhurst and Bendigo and Adelaide Bank and contains general advice only. Advice in relation to superannuation and managed investment schemes is provided by Sandhurst and advice in relation to life risk insurance is provided by Bendigo and Adelaide Bank. It is provided as general information and must not be relied upon as a substitute for financial planning, legal, tax or other professional advice. 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. The information contained on this website is subject to change without notice. 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 offered by the site owner.