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Showing 221 - 230 of 996 results for "Cash Rate"

Another cash ETF bites the dust

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... income ETF has delisted from the exchange. The eInvest Cash Booster Fund (managed fund) (ECAS ) targeted 0.5% above cash rate (net of fees) by investing in cash, term deposits, short-term money market and fixed income instruments. It was managed by Daintree ...

Mercer bolsters alternatives team

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
Mercer has appointed an alternatives investment director for the Pacific region after seeing increased client interest for alternative assets in the region. Marcus De Kock joins from Mercer UK where he was a senior investment strategist in the Institutional ...

VanEck launches active ETF with Sydney boutique

KANIKA SOOD  |  MONDAY, 12 JUL 2021
... securities. Bentham Asset Management will be the portfolio manager. The ETF targets after-fees returns of 3% over RBA cash rate over the long term, with monthly dividends. VanEck said it is the only global capital securities exchange traded fund on the ...

Active Super returns 23%

KANIKA SOOD  |  MONDAY, 12 JUL 2021
... will have on the central bank [policy] -- where they will start to think that raising interest rates." He said a higher cash rate probably won't happen for a while but pointed to the RBA trimming its bond-buying program last week. "Slowly that will ...

Be ready for negative rates: APRA to ADIs

JAMIE WILLIAMSON  |  MONDAY, 12 JUL 2021
... interest rates, APRA expects all ADIs to develop tactical solutions to implement zero or negative market interest rates and cash rate by 30 April 2022. This would cover all products and activities, except for lending products that don't reference such ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
At its July 6 meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.1% and retained the April 2024 bond as "the bond for the yield target" - against speculation that it would roll this over to the November 2024 bond. At the ...

Milford lowers fees

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
... Absolute Growth Fund is an Australian equities fund that aims to generate investment returns 5% higher than the RBA cash rate per annum over rolling three-year periods by investing in a portfolio of predominately Australian equities, complemented by ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
... dollars in it. The long/short actively managed ETMF has a management fee of 1.38% per annum, a performance fee of RBA cash rate plus 5% with high water mark and a minimum 6% per annum yield paid quarterly. Three-year returns after fees were 17.6% per ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... affair. As expected, the RBA left monetary policy settings unchanged; "including: the targets of 10 basis points for the cash rate and the yield on the 3-year Australian government bond; the parameters of the government bond purchase program; and the ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
The Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 0.25%, maintained the existing LSAP programme, and retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. ...