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Showing 1 - 7 of 7 results for "Australia Cash Rate"

Montgomery, Aura Group launch new income fund

CHLOE WALKER  |  THURSDAY, 8 SEP 2022
... pool of Australian private debt assets including asset backed SME loans. The fund tracks the Reserve Bank of Australia cash rate and aims to return 3.5%-5.5% above it, net of fees and costs. Currently, the cash rate is 2.35%, equating to a current target ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... advertisements without sufficiently prominent warnings. It has also committed to no longer using the Reserve Bank of Australia cash rate as a benchmark after ASIC said it appeared inconsistent with the fund's assets and strategy. The other REs, trustees ...

Macquarie-linked fund manager shutters

KARREN VERGARA  |  MONDAY, 26 APR 2021
... Morningstar data, the four-year-old strategy has consistently underperformed its benchmark of the Reserve Bank of Australia cash rate, returning -5.42% per annum over one year and -8.14% p.a. over three years. IPM chair Lars Ericsson said: "The investment ...

New private debt fund

KANIKA SOOD  |  MONDAY, 6 JUL 2020
... investment size set at $1000. The Metrics Direct Income Fund is targeting 3.25% per year above the Reserve Bank of Australia cash rate, with monthly income. The new fund, which has a minimum investment size of $1000, will act as a wholesale investor ...

Morningstar distribution executive joins fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... The fund is modelled on Milford's Active Growth Fund and targets a return of 5% above the Reserve Bank of Australia cash rate with an unconstrained approach. The fund is managed by Sydney-based chief investment officer and head of Australian investments ...

FirstChoice Alternatives adds new macro manager

KERRIE SYDEE  |  WEDNESDAY, 2 NOV 2016
... fund." The portfolio was launched in 2014 and aims to generate a before fees return of the Reserve Bank of Australia cash rate plus 4% by investing in a diversified portfolio of alternative investment strategies.

Russell and Matrix outcome-focused funds achieve solid start

MARK SMITH  |  FRIDAY, 20 SEP 2013
... for the year to August 2013. This is well in excess of its official target objective - the Reserve Bank of Australia Cash Rate + 4.5%. Russell Investment managing director private client services Siva Sivakumaran said as the investment landscape grows ...
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