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Antares Income Fund - Monthly Investment Report June 2017

Investment return objective
The Antares Income Fund aims to provide investors with a regular income and a return (after fees) that exceeds the Bloomberg AusBond Bank Bill Index over rolling three year
periods.

Highlights for the month
Performance
The Fund outperformed the benchmark by 12bps after fees for the month of June.

Contributors to performance (relative to the benchmark)
A solid contributor to the Fund’s excess return was the additional yield earned from the high quality investment grade securities held by the Fund.
A tightening of the credit spreads also added to the excess return.

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