AUSTRALIAN MASTERS CORPORATE BOND FUND SERIES

AUSTRALIAN MASTERS CORPORATE BOND FUND NO. 5

AMCBF5 - | - 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 $53.8 million through a prospectus raising completed in February 2010.

This Company provides access for Australian domiciled retail investors to an underlying portfolio of high ranking senior Australian corporate debt. The Company also holds 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, are denominated in Australian dollars.

The Company is managed by Walsh & Company Asset Management Pty Limited.

The Company employs 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 holding these bonds until maturity.

Since February 2010, the Company assembled a portfolio of wholesale bonds from 15 different issuers with staggered maturities ranging from two years to over five years as of the completion of the initial public offering. The aggregate purchase price of the bonds from the 15 issuers totaled $52.2million. At the time of purchase, the bonds had yields to maturity of between 7.46% and 10.35%.

The Company expects to pay quarterly dividends per year, which will be franked to the extent possible. The Company will seek Shareholder approval to execute capital return from time to time, passing capital proceeds derived from the maturity of fixed income securities back to investors.

© 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.