Monday, June 01, 2015

Melbourne, 1 June 2015 – Australia Ratings has affirmed its credit rating of ‘A’ to the Class A and Class B units issued by the Sandhurst Strategic Income Fund (“the Fund”). A rating of ‘A’ represents that the Fund has a high degree of protection against loss from credit risk on the rating scale used by Australia Ratings for income funds. The rating primarily reflects the credit quality of the Fund’s investments as well as the experience and skill of the Funds Management division of Sandhurst Trustees Limited.

Sandhurst Strategic Income Fund was launched in July 2011 and is a product of Bendigo Wealth, part of the Bendigo and Adelaide Bank Group.

Australia Ratings analyst Chris Dalton said “Investors in the Fund benefit from a diversified portfolio of term deposits and debt securities across a range of maturities with the current portfolio being comprised of investment grade assets.” Dalton also said “in the 12 months to 30 April, the Sandhurst Strategic Income Fund generated returns of 3.29% compared to its benchmark of 2.67%. During the year Fund reduced its exposure to term deposits and invested a greater portion of funds in floating rate notes”.

The units provide investors with a quarterly distribution of income and a return of principal via a redemption request. Australia Ratings has also confirmed its Product Complexity Indicator of ‘BLUE” to the Fund’s units to indicate that an investment in the units represents a relatively straightforward type of fixed interest investment. The BLUE indicator highlights that in certain exceptional circumstances the Fund may defer redemption requests to manage its liquidity.

A full rating report is available from

For more information contact:

Chris Dalton, Managing Director 0403 584 600

03 8080 6684

Thursday, January 01, 2015

Wednesday, January 01, 2014


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