Clicky

ACBC releases two XTB unit model portfolios

The Australian Corporate Bond Company has released two new exchange traded bond (XTB) unit model portfolios on the back of what it said was adviser demand for multiple portfolios that simplified corporate bond exposure.

It has released the concentrated high-yield model portfolio for investors with lower balances, which provides a portfolio with a smaller number of XTBs, hence lowering portfolio cost.

It has also released the cash plus model portfolio for investors looking for a tradeable alternative to cash or short-term term deposit products. The firm said it had yields in the high twos, while offering 100 basis points.

It also has monthly interest payments, daily liquidity on the Australian Securities Exchange (ASX), while the portfolio was based on senior floating-rate bank bonds, with volatility of between 0.2 and 0.3 per cent per annum over the long-term.




Related Content

Australian Unity’s fund added to Synchron’s APL

Australian Unity’s Select Income Fund has been added to Synchron’s approved product list (APL).The $160 million fund aimed to invest in a range of...Read more

Which boutique fund managers topped 2018?

Given 2018 was a rocky ride compared to the year before it, Money Management looked at the performance of boutique managers across 30 November 2017 to...Read more

Instos show interest in APAC real estate

The majority of institutional investors (56.7 per cent) have said they will increase their allocations to the Asia Pacific (APAC) real estate market, ...Read more

Author

Comments

Add new comment