header
 
HomeAbout UsServicesRating MethodologyRatings & ReportsNewsContact UsLegal & Regulatory
Australia Ratings
Board of Directors
Analytical Team
The Rest of the Team
Credit Ratings
Product Complexity Indicators
Credit Training Courses
Private Credit Services
Operational Capability Assessment
Ratings Definitions
Rating Process
Corporate Rating Methodology
Financial Institutions Methodology
Infrastructure Rating Methodology
Insurance Methodology
Managed Funds Methodology
Operational Capability Assessments
State & Territory Government Methodology
Current Ratings & Rankings List
Rating Reports
Operational Capability Assessments
ASX Debt & Hybrid Research Scheme
Research
Media Releases
Code of Conduct
Financial Services Guide
Privacy Policy
Financial System Inquiry - Submission April 2014
Electricity Distribution Network Company Methodology
Australian Ports Methodology
Water and Wastewater Utilities Methodology
Energy Generators Methodology
   
 




Welcome to Australia Ratings. 
An Australian company dedicated to helping investors better understand credit and product complexity risks in fixed income investments. If you would like to keep up to date with our latest news please join our mailing list.  The Australia Ratings Team.


• Credit Ratings

• Product Complexity Indicators

• Private Credit Services

• Credit Training Courses

• Operational Capability Assessments



Join our mailing list to be kept informed about developments and updates at Australia Ratings.  Click here to join.

 

 
 
 
 
  Media Release 
 
 

Sandhurst Strategic Income Fund rating of ‘A’ affirmed by Australia Ratings

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 here.

For more information contact:

Chris Dalton, Managing Director

0403 584 600

03 8080 6684




 
 

 



 
Shopping cart is empty.
 

Regulatory & Legal © Copyright 2011 Australia Ratings Site By CIP This website is published by Australia Ratings Pty Ltd (ABN 90 141 393 375), holder of AFS licence 346138.  The information contained in this website is of a general nature only, and does not take into account your objectives, financial situation and needs. You should consult your own professional advisers before making an investment decision.