Portfolio

At the time of investment, the portfolio of AMYF2 was invested in fixed income securities from seven different issuers. The aggregate purchase price of the fixed income securities from those issuers was $38.3 million. The fixed income securities each had a yield to maturity in the range of 9.1% to 22.7% at the time of purchase.

Composition and status of the Australian Masters Yield Fund No 2 Limited portfolio at 30 June 2012
Issuer Maturity date YTM when purchased1 Issue Coupon/Margin Type ($) Amount Invested
Bank of Queensland* 10/05/2021 9.99% BBSW3M + 3.75% Subordinated Debt $10,000,000
10/05/2016 (call)
Generator Income Trust* 08/10/2011 22.71% N/A Structured Income Security $1,767,716
Genworth Financial* 30/06/2021 10.64% BBSW3M + 4.75% Subordinated Debt $6,011,530
30/06/2016 (call)
HBOS Plc (Lloyds)* 01/05/2017 11.00% BBSW3M + 0.26% Subordinated Debt $1,560,000
01/05/2012 (call)
IMB Bank* 16/09/2021 9.07% BBSW3M + 4.00% Subordinated Debt $10,000,000
16/09/2016 (call)
Bank of America* 14/02/2017 10.04% BBSW3M + 0.38% Subordinated Debt $5,571,368
Royal Bank of Scotland* 27/10/2014 10.65% BBSW3M + 0.87% Subordinated Debt $4,381,050
Southern Cross Airports Corporation Holdings* 20/12/2016 9.36% BBSW3M + 1.80% Subordinated Debt $788,263
20/01/2012 (call)

* 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.