Portfolio

At the time of investment, the portfolio of AMYF1 was invested in fixed income securities from ten different issuers. The aggregate purchase price of the fixed income securities from those issuers was $86.3 million. The fixed income securities each had a yield to maturity in the range of 8.5% to 13.5% at the time of purchase.

Composition of the Australian Masters Yield Fund No 1 Limited portfolio at
30 June 2012
Issuer Maturity date YTM when purchased1 Issue Coupon/Margin Type ($) Amount Invested
Adelaide Airport 20/09/2016 8.7% BBSW3M + 0.25% Senior Bond $899,130
Bank of America 14/02/2017 9.5% BBSW3M + 0.38% Subordinated Debt $8,797,248
Bank of Queensland 14/04/202111/04/2016 (call) 9.9% BBSW3M + 3.50% Subordinated Debt $20,000,000
Dampier to Bunbury National
Gas Pipeline Finance
(DBNGP Finance)
29/09/2015 9.1% BBSW3M + 3.00% Senior Bond $5,109,000
Generator Income Trust* 08/10/2011 13.5% N/A Structured Income Security $1,507,009
HBOS Plc (Lloyds)* 01/05/201701/05/2012 (call) 10.4% BBSW3M + 0.26% Subordinated Debt $12,631,391
HSBC Bank (Australia) 25/11/202026/11/2015 (call) 9.0% BBSW3M + 2.80% Subordinated Debt $3,000,000
Mirvac Group Finance 16/09/2016 8.5% 8.00% (fixed) Senior Bond $8,642,990
Royal Bank of Scotland* 27/10/2014 11.2% BBSW3M + 0.87% Subordinated Debt $19,086,932
Southern Cross Airports
Corporation Holdings *
20/12/201620/01/2012 (call) 10.4% BSW3M + 1.80% Subordinated Debt $2,167,700
Wachovia Bank
(Wells Fargo Bank)
25/05/2017 9.4% BBSW3M + 0.38% Subordinated Debt $6,023,629

 

* Redeemed/Matured/Sold
1 The yields are set out above for illustration purposes only. YTMs may be higher or lower depending on interest rate movements (excluding fixed rate investments) and timing of principal repayments. All YTMs are before any fees or expenses of the fund.