Reports and Insights
Our investment insights below are to assist you, to better understand how you may be affected by changes in the ever changing investment landscape.
Latest Fund Commentary
Spread compression has continued. The Fund is opportunistically taking profit, where appropriate, and reinvesting.
Australian 10-yr bond yields have traded within a 50bp range over the past 12 months, a trend that we expect to continue in the forthcoming period.
Market Updates & Insights
Despite a slightly softer top line, earnings results were broadly sound relative to expectations. Company guidance was slightly softer, however.
Middle East tensions escalated during the month, culminating in the U.S. military launching a series of strikes on Iranian nuclear facilities—a significant escalation in the regional conflict that began with Israel’s surprise airstrikes on Iranian territory on June 13.