Foresight Analytics has rated the Sandhurst Strategic Income Fund (SSIF) assigned a SUPERIOR rating and a Foresight Product Complexity Indicator of RELATIVELY SIMPLE. The Bendigo Income Generation Fund (BIGF has been assigned a VERY STRONG rating and a Foresight Product Complexity Indicator of RELATIVELY SIMPLE.
Both funds are managed by Sandhurst Trustees, a fully owned subsidiary of Bendigo and Adelaide Bank, and available vie Bendigo Bank
The Sandhurst Strategic Income Fund invests primarily in Australian dollar-denominated cash, money market, and asset-backed securities and targets a return above the Bloomberg AusBond Bank Bill Index over any 2-year period.
The Bendigo Income Generation Fund (BIGF) also seeks to provide a similar return but invests in Australian dollar-denominated investment grade credit securities.
"The investment management team is experienced, and their processes are robust," Foresight Analytics' analyst, Adam Taxakis, said. "The investment approach is conservative, technical and highly analytical."