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Quantifeed and XTB launch model portfolio for retail investors

XTBs/bonds/Quantifeed/funds-management/

7 August 2017
| By Oksana Patron |
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Quantifeed​ and XTB have launched a model portfolio of exchange traded bond units (XTBs) linked to floating rate notes from Australian corporate issuers that will be available to investors in Australia and across Asia.

Fixed income specialist, XTB said that its active cash Australia model portfolio had been developed by Quantifeed to meet a growing demand from investors for a liquid yield alternative to bank deposits.

XTB’s co-founder and chief executive, Richard Murphy, said: “Interest rates in Australia are currently higher than some other markets in the region.

“Institutional investors have been able to access higher yielding Australian corporate bonds in the wholesale market.

“XTBs allow all other investors to access the same superior returns from low volatility floaters,” he said.

According to the company, each XTB, that provided retail investors to gain exposure to Australian corporate bonds, would offer investors an ASX-listed security that would deliver the price stability and returns of a specific underlying corporate bond with no minimum investment.

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