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Aurora Dividend Income Trust is a closed-ended equity mutual fund launched by Aurora Funds Management Limited. The fund is managed by Fortitude Capital Pty Ltd. It invests in the public equity markets of Australia. The fund makes its investments in stocks of companies operating across diversified sectors. It seeks to invest in stocks of companies around their results or dividend announcement dates and sells the securities after earning the dividend and franking credits. The fund benchmarks the performance of its portfolio against the S&P/ASX200 Accumulation Index. It is actively managed. Aurora Dividend Income Trust was formed on November 17, 2005 and is domiciled in Australia.
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