| 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 broad spread of securities by legal structure. Bank T2 capital remains 25% whilst senior unsecured and senior secured represent 29% and 11% of the portfolio respectively. The fund holds 10% in ASX listed securities and 11.5% in cash. The portfolio continues to maintain an average credit rating of A-. Spectrum's view is that diversification remains imperative. They expect volatility to remain subdued as markets tussle with the push-pull of trade negotiations between the U.S. and China, and the U.S. and Europe. They also noted there is an expectation that the U.S. may make further rate cuts which would place further pressure on other central banks to cut interest rates, resulting in a scramble for yield and encouraging investors to invest in riskier assets despite the need for caution. |
| More Information |
