XTB portfolio added to HUB24
The XTB Emerald Fixed Income Managed portfolio has been added to HUB24 and will be available from next week.
The portfolio would be made up of companies which aim to provide viable returns to investors while mitigating the environmental, social and governance (ESG) impacts of their business activity.
The investment objectives would also include:
- Investment-grade fixed income securities traded on the Australian Securities Exchange (ASX)
- A focus on yield to maturity, liquidity and risk weightings
- A regular and predictable income stream
- A capital preservation focus and low levels of price volatility
- An absolute return that is one per cent higher than cash
- Liquidity, to ensure investment flexibility
- An investment risk profile less than equities and hybrids
The firm also said the Emerald Club runs an ESG screen based on a company’s annual disclosure of various metrics in its corporate social responsibility report. Examples would include total greenhouse gas emissions, water intensity per sales and renewable energy use.
XTBs were designed to bring together the income and capital stability of corporate bonds with the transparency and liquidity of the ASX market, the firm said.
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