AUSTRALIAN MASTERS CORPORATE BOND FUND SERIES

AUSTRALIAN MASTERS CORPORATE BOND FUND NO. 4

AMCBF4 - | - PORTFOLIO - | - ANNOUNCEMENTS - | - SHAREHOLDER INFO- |- RETURNS

The Company was established to provide Australian retail investors access to the Australian wholesale senior bond market through a simple, cost effective corporate structure. The Company raised $72.3 million through a prospectus raising completed in June 2009.

This Company provided access for Australian domiciled retail investors to an underlying portfolio of high ranking senior Australian corporate debt. The Company also held in its portfolio senior corporate debt issued in Australia by well known multinational companies and Australian subsidiaries of multinational companies. These bonds, known as kangaroo bonds, were denominated in Australian dollars.

The Company was managed by Dixon Advisory & Superannuation Services Limited.

The Company employed a static, or ‘buy and hold’ portfolio management style, selecting a portfolio of high quality senior bonds denominated in Australian dollars and issued by Australian companies and generally held these bonds until maturity.

From June 2009, the Company assembled a portfolio of wholesale bonds from 15 different issuers with staggered maturities ranging from two years to over three years as of the completion of the initial public offering. The aggregate purchase price of the bonds from the 14 issuers totaled $70.3 million. At the time of purchase, the bonds had yields to maturity of between 8.25% and 12.73%.

On 5 December 2012, the company announced its final capital return. With the payment of the final capital return on 11 January 2013, the net issued capital of the Company had been repaid in full. The Company is seeking shareholder approval to voluntarily wind up the Company at a general meeting to be held on Wednesday, 19 June 2013. Please find further meeting details available here.

© COPYRIGHT 2015 AUSTRALIAN MASTERS CORPORATE BOND FUND SERIES | WALSH AND CO FSG

Disclaimer - The information provided on this website should not be considered personal financial advice as it is intended to be general in nature only. Accordingly, before acting on the information to make a financial decision about the product you should seek personal financial advice which considers your individual objectives, financial situation and needs. Where the information refers to a particular financial product, you should obtain a copy of the relevant product disclosure statement or offer document before making any decision in relation to the product.