XTB portfolio added to HUB24
The XTB Emerald Fixed Income Managed portfolio has been added to HUB24 and will be available from next week.
The portfolio would be made up of companies which aim to provide viable returns to investors while mitigating the environmental, social and governance (ESG) impacts of their business activity.
The investment objectives would also include:
- Investment-grade fixed income securities traded on the Australian Securities Exchange (ASX)
- A focus on yield to maturity, liquidity and risk weightings
- A regular and predictable income stream
- A capital preservation focus and low levels of price volatility
- An absolute return that is one per cent higher than cash
- Liquidity, to ensure investment flexibility
- An investment risk profile less than equities and hybrids
The firm also said the Emerald Club runs an ESG screen based on a company’s annual disclosure of various metrics in its corporate social responsibility report. Examples would include total greenhouse gas emissions, water intensity per sales and renewable energy use.
XTBs were designed to bring together the income and capital stability of corporate bonds with the transparency and liquidity of the ASX market, the firm said.
AUTHOR
Oksana Patron
Recommended for you
Bennelong Funds Management has signed a memorandum of understanding with US private credit manager Monroe Capital to distribute its products in Australia.
Global equity manager Talaria Capital has appointed a Sydney-based sales director as it grows its distribution presence across Australia.
Global private markets firm Partners Group has launched an evergreen fund to provide Australian advisers with access to its cross-sector royalties strategy.
Franklin Templeton has reduced fees for two of its Brandywine fixed income funds and enacted a name change for its Global Income Optimiser fund.
