Returns & Distributions

Returns

Net fund performance* - as at 30 April 2017  (% p.a.)

Bentham Wholesale Global Income Fund 1 Year 3 Year 5 Year 7 Year 10 Year Since
Inception
Bentham Wholesale Global Income Fund (% p.a.) 11.10 4.70 8.49 8.46 7.38 7.52
50% Bloomberg AusBond Composite Index / 50% Bloomberg AusBond Bank Bill Index 2.25 3.60 3.74 4.64 5.07 5.19
Bentham Wholesale Syndicated Loan Fund 1 Year 3 Year 5 Year 7 Year 10 Year Since
Inception
Bentham Wholesale Syndicated Loan Fund (% p.a.) 11.41 6.10 7.78  8.53 7.88 8.21
Credit Suisse Leveraged Loans Index (hedged into AUD) 9.35 5.52 7.01  7.65 6.72 7.07
Bentham Wholesale High Yield Fund 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year Since
Inception
Bentham Wholesale High Yield Fund (% p.a.) 14.37 6.58 9.08 10.58 9.46 10.27 8.73
ML High Yield Cash Pay Constrained Index (hedged into AUD) 14.67 6.41 8.97 10.09 9.36 10.45 9.10
*Returns are calculated after fees and using pre-distribution month end withdrawal unit prices, and assumes all income is reinvested in additional units. Past performance is not necessarily indicative of future performance. Returns may be volatile and may vary from year to year. Source: Fidante Partners Services Limited, State Street. Fund inception dates: Bentham Wholesale Global Income Fund - 16 September 2003, Bentham Wholesale Syndicated Loan Fund - 16 August 2004, Bentham Wholesale High Yield Fund - 15 October 1998.

Net fund performance^ - as at 30 April 2017 (% p.a.)

Bentham Wholesale Global Income Fund NZD 3 Months 6 Months 1 Year 3 Year Since Inception
Bentham Wholesale Global Income Fund NZD 1.72 6.02 11.46 5.51 6.86
50% Bloomberg AusBond Composite Index / 50% Bloomberg AusBond Bank Bill index (hedged in NZD) 0.97 0.78 2.62 4.22 4.13
Bentham Wholesale Syndicated Loan Fund NZD 3 Months 6 Months 1 Year 3 Year Since Inception
Bentham Wholesale Syndicated Loan Fund NZD 1.79 5.04 11.34 6.57 7.11
Credit Suisse Leveraged Loans Index (hedged into NZD) 1.36 3.73 9.75 6.28 6.66
^Returns are calculated after fees and using pre-distribution month end withdrawal unit prices, and assumes all income is reinvested in additional units. Past performance is not necessarily indicative of future performance. Returns may be volatile and may vary from year to year. Source: Fidante Partners Limited, State Street. Fund inception dates: Bentham Wholesale Global Income Fund NZD - 30 September 2013, Bentham Wholesale Syndicated Loan Fund NZD - 30 September 2013

Distribution history (% of NAV*)

Bentham Wholesale Global Income Fund

Financial Year Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Year
FY2017 0.37 0.37 0.37  0.37  0.37 0.37  0.38   0.37 0.37  0.37     4.03
FY2016 0.36  0.38  0.36  0.37  0.37 0.37 0.38 0.38 0.38 0.36  0.38   0.37  4.32
FY2015 0.44 0.43 0.44 0.44 0.44  0.42  0.44  0.44   0.43   0.43  0.43  0.77  5.58
FY2014 0.50 0.49 0.50 0.49 0.50 0.49 0.50 0.50 0.50 0.50 0.50 0.07 5.94
FY2013 0.68 0.64 0.64 0.64 0.64 0.62 0.65 0.62 0.61 0.61 0.62 1.05 9.09
FY2012 0.78 0.77 0.77 0.63 0.60 0.62 0.69 0.68 0.68 0.67 0.66 1.05 8.39
FY2011 0.64 0.63 0.64 0.65 0.64 0.64 0.64 0.82 0.80 0.79 0.80 1.08 9.87
FY2010 0.66 0.66 0.66 0.65 0.66 0.63 0.64 0.62 0.61 0.61 0.62 0.62 9.81
FY2009 0.64 0.66 0.84 0.58 0.48 0.36 0.37 0.32 0.26 0.28 0.26 0.28 4.52
FY2008 0.52 0.50 0.54 0.58 0.57 0.57 0.59 0.59 0.60 0.66 0.67 4.45 10.13
FY2007 0.50 0.48 0.50 0.50 0.50 0.50 0.54 0.54 0.46 0.53 0.53 0.62 6.34
*Calculated as the CPU distribution at month end divided by the ex-distribution NAV at the start of the month. Past distributions are no indication of future distributions. Source: Fidante Partners Services Limited.

Bentham Wholesale Syndicated Loan Fund

Financial Year Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Year
FY2017 0.45 0.47  0.44  0.45   0.45 0.45  0.44  0.45  0.45  0.44      4.81
FY2016 0.40 0.40  0.40  0.40   0.40  0.40 0.40 0.40 0.41 0.39 0.39 0.29 4.65
FY2015 0.47 0.48 0.47 0.47 0.47 0.49  0.48   0.45   0.43   0.44   0.43  1.33  6.53 
FY2014 0.54 0.53 0.52 0.52 0.52 0.52 0.53 0.52 0.52 0.53 0.54 2.31 8.47
FY2013 0.64 0.70 0.67 0.66 0.66 0.64 0.63 0.56 0.61 0.62 0.61 0.59 8.17
FY2012 1.01 0.97 1.00 0.72 0.69 0.68 0.72 0.71 0.71 0.68 0.63 1.92 10.61
FY2011 0.74 0.73 0.74 0.74 0.75 0.75 0.74 0.92 0.92 0.92 0.92 4.15 14.12
FY2010 0.62 0.62 0.63 0.65 0.67 0.70 0.70 0.69 0.68 0.68 0.72 1.24 10.09
FY2009 0.65 0.66 0.65 0.56 0.46 0.36 0.38 0.32 0.26 0.29 0.27 0.28 4.85
FY2008 0.49 0.50 0.54 0.58 0.57 0.58 0.59 0.59 0.59 0.64 0.66 5.26 11.17
FY2007 0.50 0.48 0.50 0.50 0.50 0.50 0.54 0.54 0.52 0.47 0.54 1.33 7.31
*Calculated as the CPU distribution at month end divided by the ex-distribution NAV at the start of the month. Past distributions are no indication of future distributons. Source: Fidante Partners Services Limited.

Bentham Wholesale High Yield Fund

Financial Year Sep Dec Mar Jun Year
FY2017 1.20 1.21  1.15   3.87
FY2016 1.22 1.24  1.29   2.43 6.14
FY2015 1.76 1.62 0.00  3.10  6.67 
FY2014 2.43 2.91 2.41 1.94 10.43
FY2013 1.53 2.32 2.57 3.07 10.37
FY2012 2.77 0.78 3.20 4.38 11.82
FY2011 0.96 4.26 2.64 6.69 16.39
FY2010 0.24 0.00 1.72 5.87 9.65
FY2009 1.96 0.00 0.00 1.95 3.64
FY2008 0.85 1.16 0.41 14.34 16.91
FY2007 1.40 0.99 1.10 1.63 5.54
*Calculated as the CPU distribution at month end divided by the ex-distribution NAV at the start of the month. Past distributions are no indication of future distributions. Source: Fidante Partners Services Limited.

Bentham Wholesale Global Income Fund - NZD

Financial Year Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun YTD
FY2017 0.42 0.41 0.41 0.42 0.41  0.42  0.40   0.42  0.41 0.41      4.48
FY2016 0.46 0.45 0.46 0.46 0.46  0.46  0.46 0.46 0.47 0.45 0.46 0.48 5.38
FY2015 0.52 0.51 0.53 0.52 0.48 0.52 0.51 0.53 0.52 0.52 0.52 0.43 6.20
FY2014       0.49 0.47 0.44 0.47 0.47 0.46 0.47 0.48 1.16 5.22
*Calculated as the CPU distribution at month end divided by the ex-distribution NAV at the start of the month. Past distributions are no indication of future distributions. Source: Fidante Partners Limited. The inception of the fund is 30 September 2013

Bentham Wholesale Syndicated Loan Fund - NZD

Financial Year Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun YTD
FY2017 0.51 0.50 0.49  0.50   0.48 0.41   0.46 0.47  0.45  0.47      5.05
FY2016 0.51 0.48 0.47 0.48  0.48  0.46 0.46 0.43 0.45 0.43  0.42  1.14 6.14
FY2015 0.54 0.55 0.54 0.54 0.57 0.55 0.55 0.54 0.53 0.55 0.56 0.00 6.19
FY2014       0.51 0.51 0.51 0.51 0.51 0.51 0.52 0.52 5.62 10.04
*Calculated as the CPU distribution at month end divided by the ex-distribution NAV at the start of the month. Past distributions are no indication of future distributions. Source: Fidante Partners Limited. The inception of the fund is 30 September 2013