Australian Enhanced Income Fund (AYF)

Shares / Stock Code


Stock Exchange / Sharemarket


The Australian Enhanced Income Fund (AYF) provides investors with a diversified exposure to high yielding investment in the fixed income and hybrid market. It was listed on the Australian Stock Exchange (ASX) on October 17, 2006. The Australian Enhanced Income Fund invests in a diversified portfolio of listed debt hybrid securities. The Fund is designed primarily for investors who are seeking to earn a rate of return consistently above the bank bill rate.

The company's investment philosophy is based on the observation that the Australian listed debt equity hybrid market is inefficient. It is inefficient because;

  • The investor base is comprised largely of retail investors and wholesale equity and fixed interest managers for whom the listed hybrid sector is peripheral to their mainstream business activities
  • Security structures are complex and require a comprehensive understanding of issuer behaviour and the value of options embedded in the structure
  • The secondary market is very inefficient and requires dedicated resources to actively manage the portfolio and exploit trading opportunities on a daily basis.

They have been consistently able to add value because;

  • They possess a comprehensive understanding of issuer behaviour
  • They understand the complex nature of individual securities
  • They provide dedicated resources to actively manage the portfolio on a daily basis
  • They have developed advanced risk management techniques which enable them to better understand and evaluate the risks they are undertaking

Australian Enhanced Income Fund (AYF) Products and Services

  • Australian Enhanced Income Fund

Australian Enhanced Income Fund (AYF) Locations and Subsidiaries

Australian Enhanced Income Fund Head Office
Level 15, 333 Collins Street,
Phone: (03) 8689 1348
Fax: (03) 9655 8492

Australian Enhanced Income Fund (AYF) Share Price

Submitted by ASX Listed Company on 22 May, 2010 - 02:17