The index representing a basket of credit default swaps, iTraxx (series 23), has jumped to 115.3, a level not seen since October 2013. This period was the aftermath of the so-called ‘taper tantrum’ when bond markets were worried about the US Fed raising withdrawing its monetary stimulus by winding back its US$85bn a month bond buying programme. Credit default swaps are essentially insurance contracts where buyers are paid out if...
| 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 |
| Barings | 9.00% | Real Estate |
| Qualitas Real Estate (QRI) | 9.00% | Real Estate |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24