The Bentham Asset Backed Securities Fund (Fund) is focused on generating income by investing in highly rated* investment grade global asset backed securities (“ABS”).

The Fund is actively managed, with individual investments made across different global ABS subsectors. The Fund is managed by Bentham Asset Management, which has over 10 years of investment experience in the sector.

Fund Features

• Provides investors access to the global asset backed securities market
• Globally diversified sources of income
• High credit quality portfolio: minimum 90% allocation to Investment Grade issues
• Floating rate asset class targeting a total return above cash
• Low volatility / risk level. Focus on preservation of capital
• Targeted monthly income distribution
• Daily unit pricing

Fund Profile

*The Fund has an objective to maintain a minimum average credit quality of A-

**Wholesale as defined in the Corporations Act 2001 (Cth)

Fidante Partners Limited ABN 94 002 835 592, AFSL 234668 (Fidante Partners), is the Responsible Entity and issuer of interests in the Bentham Asset Backed Securities Fund (Fund). The Fund is available to wholesale clients (as defined by the Corporations Act 2001) only. Bentham Asset Management Pty Ltd ABN 92 140 833 674, AFSL 356199 (Bentham) is the investment manager of the Fund.

Returns

Net fund performance* - as at 31 January 2019 (%)

*Returns are calculated after fees and using pre-distribution month end withdrawal unit prices, and assumes all income is reinvested in additional units. Past performance is not necessarily indicative of future performance. Returns may be volatile and may vary from year to year. Source: Fidante Partners Services Limited, State Street. Fund inception date: 31 October 2016

Distribution History (% of NAV*)

*Calculated as the CPU distribution at month end divided by the ex-distribution NAV at the start of the month. Past distributions are no indication of future distributions. Source: Fidante Partners Services Limited.