Aurora Sandringham Dividend Income Trust (AOD)

Stock Code

AOD

Stock Exchange

Australian Securities Exchange

Aurora Sandringham Dividend Income Trust (AOD) is a fund management Company. The Trust makes investments in equities and index derivatives and fixed interest securities according to the terms of the Trust Constitution. Aurora Funds Management Limited is manager of Aurora Sandringham Dividend Income Trust. The Trust listed on the ASX on November 17, 2005. The Trust derives its income in excess of the Australian cash rate by making investments in a portfolio of 30 major ASX listed companies such as BHP, ASX etc, at the time of their income declarations and following dividend paying period. After having earned the dividend from the invested company, the trust sells the shares and reinvests the earned capital into other company dividend capture opportunities. Normally the investment holding time duration for each of the Trust investments is more than 45 days. The Trust pays its investors half-yearly distributions for the period ending June and December. Investors have also the opportunity to trade their investment daily on the ASX.

The Trust provides it investors with an exposure to the dividend streams from some of largest listed companies in Australia through a single listed investment trust. It uses an active risk management policy that helps in protecting the Trust capital in share market corrections. The investment strategy used by the Trust has ability to produce positive returns during both rising and falling markets since its beginning. The trust provides a suitable platform for individual investors, superannuation funds and charities.