CAPITAL PROTECTION AND LIQUIDITY
Momentum Income Plus Fund
This unit trust is suited to investors with a low-to-moderate-risk profile. The dominant driver of returns that make up the fund is exposed to credit including structured credit investments.
The Momentum Income Plus Fund falls within our fixed income investment capability set. The fund is a local, high yield, fixed income fund, which aims to return Short-term Fixed Interest Composite Index plus 3% before fees through the interest rate cycle.
Fund objectives
Asset class
Fixed income
Risk
Low to moderate
Term
3+ years
Understanding the investor’s risk profile
The Momentum Income Plus Fund is suitable for investors with a low-to-moderate-risk profile who are looking for the highest possible income yield and stability on capital invested with the tolerance for some capital volatility in the case of credit defaults. In an investment portfolio, the Momentum Income Plus Fund is a good diversification away from more risky investments like equities.
Understanding the fund's risk profile
Suitable for investors who do not want the risk associated with an equity investment. Widening in credit spreads on instruments held in the fund can result in short-term capital volatility but not a permanent capital loss. Capital losses are also possible if an issuer of one of the instruments held in the fund defaults.
Three or more years.
Fund manager
Momentum Asset Management outsources the management of the Momentum Income Plus Fund to ALUWANI Capital Partners.
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