ASX Code
GCI
Latest Unit Price
$2.04
Market Capitalisation
$634 million
Listed
May 2018
Latest NTA Per Unit
$2.02
Distribution p.a.*
8.65%
* Mar 2024, annualised
GCI’s investment objective is to produce regular and sustainable monthly income while keeping capital preservation as a primary concern. Accessing an asset class previously unavailable to retail investors GCI targets the highest risk-adjusted returns sufficient to deliver on its target income distributions of RBA cash rate + 3.50% pa. GCI invests in structured credit markets, primarily Residential Mortgage Backed Securities (RMBS), a defensive and loss-remote asset class.
GCI is designed for investors who seek regular, sustainable monthly income and where capital preservation is a primary objective. For both retail and institutional investors, GCI can add diversity and stability to a traditional income portfolio.
*If you are considering an investment in GCI, please read our Target Market Determination (TMD) document and seek professional advice to determine if investing in GCI is suitable for you.
GCI is a fixed-income credit strategy and offers diversification from other more traditional sources of income like equities, with lower volatility of capital values and more stable and sustainable monthly distributions. GCI’s investments are defensive in nature, inflation resistant and loss-remote.
GCI offers unique access to an asset class that has previously only been available to institutional investors. In current markets, it is hard to find defensive, low volatility assets that can still be relied on to produce regular, stable, and sufficient income.
To view our Investment Performance charts on a mobile device, download our latest Monthly Investment Update here.
Residential Mortgage Backed Securities or “RMBS” are a type of bond, typically issued by banks or other lenders. Australian RMBS are floating rate and secured against a diversified portfolio of home loans.
RMBS form the majority of the GCI investment portfolio.
If a mortgage is 2.5% and GCI invest in bonds that are backed by mortgages, how can GCI achieve their target returns?
One Managed Investment Funds Limited (ABN 47 117 400 987) (AFSL 297042) (OMIFL) is the responsible entity of the Gryphon Capital Income Trust (ARSN 623 308 850 (“Fund”). Information contained in this website was prepared by Gryphon Capital Investments Pty Ltd (ACN 167 850 535) (GCI). While neither OMIFL nor GCI has any reason to believe the information is inaccurate, the truth or accuracy of the information cannot be warranted or guaranteed. Before making any decision regarding the Fund, investors and potential investors should consider the Product Disclosure Statement (PDS) and other continuous disclosures available on the Australian Securities Exchange (“ASX”) website (Disclosure Material). The Disclosure Material contains important information about investing in the Fund and it is important investors obtain and read the Disclosure Material before making a decision about whether to acquire, continue to hold or dispose of units in the Fund. This website contains general information only and is not intended to be financial product advice. It does not take into account any person’s (or class of persons’) investment objectives, financial situation or particular needs, and should not be used as the basis for making investment, financial or other decisions. Investors should also consult a licensed financial adviser before making an investment decision in relation to the Fund. This website may contain forward-looking statements based on current expectations, estimates, and projections about the Fund’s business and the industry in which the Fund invests. Readers are cautioned not to place undue reliance on these forward-looking statements. Neither OMIFL nor GCI undertakes any obligation to revise any such forward-looking statements to reflect events and circumstances after the date of this publication. Past performance is not indicative of future performance. Neither OMIFL or GCI nor any other person associated with the Fund guarantees or warrants the future performance of the Fund, the return on an investment in the Fund, the repayment of capital or the payment of distributions from the Fund. To the extent permitted by law, no liability is accepted by OMIFL, GCI or their respective directors for any loss or damage as a result of any reliance on this information.
