Subscribe to get our latest investment news and insights straight to your inbox.





 

eInvest Income Generator Fund (Managed Fund)

Introducing eInvest Income Generator Fund (Managed Fund)

The new breed of income solution

Start investing in eInvest Income Generator Fund (Managed Fund) via the ASX today.

Objective

EIGA aims to provide you a regular, monthly income. We do this by aiming for a gross yield (adjusted for franking credits and after fees) above that provided by the S&P/ASX 300 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt).

Investor Profile

EIGA is suited to investors who are seeking a greater level of income than that achieved by term deposits and are able to take full advantage of franking credits and share buybacks that the investments can provide.

Fund Benefits
  • EIGA invests in listed Australian companies with growing dividend streams.
  • EIGA is targeting a gross income yield of 7%p.a.* (comprising a 5% cash dividend yield and 2% franking credits).
  • EIGA provides you consistent, monthly distributions.
  • EIGA is an actively managed, well diversified portfolio of approximately 30-40 quality stocks.
  • EIGA’s fundamental investment process is based on capital preservation and balance sheet strength.
  • The Investment Manager, Perennial Value, has a long-term track record generating consistent income for clients based on their Shares for Income strategy.
  • The ASX tradeable structure is easy, convenient and low cost.

*The distribution yield target is the gross yield based on the unit price at the start of the period, it is inclusive of franking credits. The income target comprises of a 5% cash dividend yield, paid monthly, and 2% franking credits, payable at year end. The final gross yield is not known until completion of each financial year. The distribution yield target is not guaranteed but is a target based on assumptions. Should these assumptions prove inaccurate this will change the final income outcome.

Current Price
ASX Code

EIGA

iNav

$3.91

As at 4:14PM 16/10/2018
Nav

$3.91

As at 16/10/2018
Fact Sheet & Important Documents
Product Fact Sheet
Product Disclosure Statement
DRP Plan
Latest Commentary

Yield Information

Distribution frequency

Monthly

Distributions
Estimated dates for September Distribution

Announcement Date

24/09/2018

Ex Date

27/09/2018

Record Date

28/09/2018

DRP Cut Off Date

01/10/2018

Payment Date

15/10/2018

Distribution cents per unit

1.67

DRP Price – September 2018

$4.0820

ASX Announcements
Research
IRR Research
Lonsec Research
Investment Manager

Perennial Value focuses on:

  1. Making sure that EIGA’s stock selection is driven by fundamentals

The investment team focuses on putting together for you a number of quality businesses in EIGA that:

  • Can grow their earnings and dividends over time – growing companies grow their dividends – it’s important.
  • Are trading at reasonable valuations. Perennial Value doesn’t like to pay for investments that are expensive.
  • Have strong balance sheets. Capital preservation is really important.
  1. EIGA’s income is enhanced by really simple things such as:
  • Tilting EIGA towards higher dividend paying companies.
  • Increasing the weights to those companies ahead of dividend paying periods.
  • Participating in off market buybacks.
Historical NAV (Net Asset Value)
Date
NAV Price
Distribution CPU
16/10/2018
$3.9060
$0.0000
15/10/2018
$3.8814
$0.0000
12/10/2018
$3.9185
$0.0000
11/10/2018
$3.9207
$0.0000
10/10/2018
$4.0342
$0.0000
09/10/2018
$4.0272
$0.0000
08/10/2018
$4.0606
$0.0000
05/10/2018
$4.1098
$0.0000
04/10/2018
$4.0997
$0.0000
03/10/2018
$4.0728
$0.0000
02/10/2018
$4.0538
$0.0000
28/09/2018
$4.1150
$0.0000
27/09/2018
$4.0926
$0.0000
26/09/2018
$4.0919
$0.0000
25/09/2018
$4.0979
$0.0000
24/09/2018
$4.0989
$0.0000
21/09/2018
$4.0958
$0.0000
20/09/2018
$4.0735
$0.0000
19/09/2018
$4.0859
$0.0000
18/09/2018
$4.0615
$0.0000
17/09/2018
$4.0680
$0.0000
14/09/2018
$4.0524
$0.0000
13/09/2018
$4.0378
$0.0000
12/09/2018
$4.0620
$0.0000
11/09/2018
$4.0627
$0.0000
10/09/2018
$4.0366
$0.0000
07/09/2018
$4.0422
$0.0000
06/09/2018
$4.0491
$0.0000
05/09/2018
$4.0600
$0.0000
04/09/2018
$4.0984
$0.0000
03/09/2018
$4.1074
$0.0000
31/08/2018
$4.1192
$0.0000
30/08/2018
$4.1456
$0.0000
29/08/2018
$4.1451
$0.0000
28/08/2018
$4.1277
$0.0000
27/08/2018
$4.1133
$0.0000
24/08/2018
$4.0906
$0.0000
23/08/2018
$4.0913
$0.0000
22/08/2018
$4.1142
$0.0000
21/08/2018
$4.1368
$0.0000
20/08/2018
$4.1834
$0.0000
17/08/2018
$4.1761
$0.0000
16/08/2018
$4.1645
$0.0000
15/08/2018
$4.1665
$0.0000
14/08/2018
$4.1487
$0.0000
13/08/2018
$4.1112
$0.0000
10/08/2018
$4.1354
$0.0000
09/08/2018
$4.1454
$0.0000
08/08/2018
$4.1129
$0.0000
07/08/2018
$4.0954
$0.0000
06/08/2018
$4.1083
$0.0000
03/08/2018
$4.0827
$0.0000
02/08/2018
$4.0996
$0.0000
01/08/2018
$4.1318
$0.0000
31/07/2018
$4.1489
$0.0000
30/07/2018
$4.1357
$0.0167
27/07/2018
$4.1438
$0.0000
26/07/2018
$4.1228
$0.0000
25/07/2018
$4.1277
$0.0000
24/07/2018
$4.1372
$0.0000
23/07/2018
$4.1202
$0.0000
20/07/2018
$4.1569
$0.0000
19/07/2018
$4.1440
$0.0000
18/07/2018
$4.1370
$0.0000
17/07/2018
$4.1132
$0.0000
16/07/2018
$4.1354
$0.0000
13/07/2018
$4.1443
$0.0000
12/07/2018
$4.1519
$0.0000
11/07/2018
$4.1160
$0.0000
10/07/2018
$4.1451
$0.0000
09/07/2018
$4.1590
$0.0000
06/07/2018
$4.1469
$0.0000
05/07/2018
$4.1075
$0.0000
04/07/2018
$4.0837
$0.0000
03/07/2018
$4.1067
$0.0000
02/07/2018
$4.0869
$0.0000
29/06/2018
$4.1049
$0.0000
28/06/2018
$4.1180
$0.0000
27/06/2018
$4.0939
$0.0000
26/06/2018
$4.0880
$0.0000
25/06/2018
$4.0902
$0.0000
22/06/2018
$4.0942
$0.0000
21/06/2018
$4.0884
$0.0000
20/06/2018
$4.0591
$0.0000
19/06/2018
$4.0110
$0.0000
18/06/2018
$4.0150
$0.0000
15/06/2018
$4.0145
$0.0000
14/06/2018
$3.9610
$0.0000
13/06/2018
$3.9634
$0.0000
12/06/2018
$3.9821
$0.0000
08/06/2018
$3.9813
$0.0000
07/06/2018
$3.9840
$0.0000
06/06/2018
$3.9596
$0.0000
05/06/2018
$3.9434
$0.0000
04/06/2018
$3.9597
$0.0000
01/06/2018
$3.9448
$0.0000
31/05/2018
$3.9684
$0.0000
30/05/2018
$3.9502
$0.0000
29/05/2018
$3.9837
$0.0000
28/05/2018
$3.9824
$0.0000
25/05/2018
$4.0128
$0.0000
24/05/2018
$4.0192
$0.0000
23/05/2018
$4.0256
$0.0000
22/05/2018
$4.0168
$0.0000
21/05/2018
$4.0485
$0.0000
18/05/2018
$4.0558
$0.0000
17/05/2018
$4.0617
$0.0000
16/05/2018
$4.0539
$0.0000
15/05/2018
$4.0363
$0.0000
14/05/2018
$4.0519
$0.0000
11/05/2018
$4.0317
$0.0000
10/05/2018
$4.0278
$0.0000
09/05/2018
$4.0087
$0.0000
08/05/2018
$3.9991
$0.0000
07/05/2018
$3.9847
$0.0000
04/05/2018
$4.0000
$0.0000
01/01/1970
$0.0000
$0.0000
Historical Net Asset Values
Unit Price Chart

Past performance is not a reliable indicator of future performance.

Download the eInvest Income Generator Fund (Managed Fund) PDS today.

What might $100,000 look like with eInvest Income Generator?

As at 31/08/2018

See how Perennial Value Shares for Income fund has performed

Invest in eInvest Income Generator Fund (Managed Fund) via the ASX today.