| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | |
| Manager Comments | Spectrum noted the portfolio remains well diversified with a spread of securities by industry sector and legal structure. Bank T2 capital remains at 24% whilst senior unsecured remains at 37%. The Fund continues to maintain a healthy 9% in ASX listed securities. The portfolio continues to maintain an average credit rating of A-. Top 10 holdings as at the end of August included National Australia Bank, DBS Group Holdings, AAI Ltd, QPH Finance Co Pty Ltd, Paccar Financial, Suncorp Metway, Toyoto Finance Australia, Multiplex Sites Trust and Bank of Queensland. The Fund's cash position was 12.7%. Spectrum believe the cash position of 12.7% puts the Fund in a good position to take advantage of movements in spreads or rates. They added that this cash position also offers a level of protection during times of uncertainty. |
| More Information |
