Summary: ADP payrolls up by 374K in August, less than consensus expectation; July increase revised down by 4K; correlation between ADP, non-farm payrolls “poor in recent months”; figures up across firms of all sizes, bias towards mid-sized, large firms; around 90% of gain in services sector, led again by leisure/hospitality sector; August non-farm payrolls figure important for expectations regarding Fed’s tapering. The ADP National Employment Report is a monthly report...
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| SocietyOne Personal Loans Trust | 6.87% | Private Creadit |
| Aura Core Income Fund | 7.88% | Private Credit |
| Aura Private Credit income Fund | 8.85% | Private Credit |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24