Gryphon often gets asked how we are able to meet GCI's target return of RBA + 3.50% in a low interest rate environment such as the one we are experiencing now. This is a very good question and we have put together a short video outlining how we are able to achieve this.
If you would like to learn more, please click on the video below.
|
|
Investor engagement is very important to Gryphon and we are encouraged when investors reach out in order to get a better understanding of GCI. If you have any questions about GCI, Gryphon or RMBS in general, please do not hesitate to email us at info@gcapinvest.com.
|
|
GCI Distribution
GCI announced a 0.75 cents per unit distribution for the month, generating a trailing 12-month distribution return of 4.30% (net).
|
|
|
GCI’s latest Investment Update has now been released and we encourage you to download the report.
|
|
|
GCI Snapshot as at 31 January 2021
|
|
| ASX Code |
GCI |
| IPO Date |
25 May 2018 |
| Assets |
Fixed Income, floating rate |
| ASX Price / NTA (Unit) |
$1.98 / $2.01 |
| Market Cap |
$408.1m |
| Investment Management Fee1 |
0.72% |
| Performance Fee |
None |
| Distributions |
Monthly |
| Current Yield2 |
4.55% |
| Unit Pricing |
Daily |
|
|
|
Fund Performance as at 31 January 2021
|
|
| Performance |
1 Mth |
3 Mth |
6 Mth |
1 Yr |
Incept (Ann) |
| Net Return (%) |
0.33 |
1.39 |
3.01 |
4.37 |
4.78 |
| RBA Cash Rate (%) |
0.01 |
0.03 |
0.09 |
0.27 |
0.90 |
| Net Excess Return (%) |
0.32 |
1.36 |
2.91 |
4.09 |
3.84 |
| Distribution3 (%) |
0.37 |
1.09 |
2.19 |
4.30 |
4.49 |
| Distribution (c/unit) |
0.75 |
2.18 |
4.35 |
8.43 |
8.82 |
|
|
1 Includes GST, net of reduced input tax credits.
2 January 2021 distribution as % of unit price, annualised.
3 Actual distribution as a % of NTA, assuming distribution reinvestment.
|
|
|
|
|
|
