Funds Focus

5th March 2012 – Please note the initial review below was for a rate at 3.40%-3.60% over the 90 day BBSW. This has since been increased to and indicative rate of 3.80%-4.00% over the 90 day BBSW and we now feel this offer is relatively attractive to investors.

Due to timescales, we have maintained the initial analysis below and provided an update at the end of this review.

Analysis from 1st March 2012

AGL Energy has just announced the launch of a new income offer: AGL Energy

IPO – Kina Petroleum (ASX:KPL)

Kina Petroleum
– Broker Firm Allocation
An opportunity to invest in an Oil & Gas Exploration IPO just before the results of their first well

Wealth Focus has secured access to an allocation to the Kina Petroleum IPO. Investors looking to apply for a firm allocation will need to contact us on 1300 55 98 69 by close of business, Wednesday 30th November.

Kina Petroleum
We don’t often market smaller unknown IPOs to investors but our relationship

AFIC has just announced the launch of a new income offer: AFIC Notes. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in December.

The Notes will pay a half yearly coupon at 6.25%pa and are due to mature 28th February 2017. The bond will be tradable on the ASX.

This issue will be used primarily to purchase securities of companies should appropriate investment opportunities arise.

 
A master stroke by AFIC
For those not