Funds Focus

Glennon Capital Small Companies Ltd has recently announced the launch of a new income offer: GC1 RRCPS. Access is available through the Priority shareholder offer and a Broker Firm Offer before listing in December.

The RRCPS will pay a semi annual coupon at 5.60%pa with an initial reset date of 30th September 2024 and traded on the ASX.

Capital raised from this issue will be used to invest in securities listed on the ASX.

Disclosure: Sulieman Ravell is the author of this review and

NAOS Ex-50 Opportunities Fund Ltd has recently announced the launch of a new income offer: NAC Notes. Access is available through the shareholder offer and a Wholesale Investor Broker Firm Offer before listing in November.

The Notes will pay a semi annual coupon at 5.50%pa rising to 7.50%pa and are due to mature 30th September 2027. The Notes will be traded on the ASX.

This issue will be used invest in securities listed on the ASX.
NAOS
NAOS Ex-50 Opportunities Fund is a Listed

Suncorp Group has just announced the launch of a new income offer: Suncorp Group Capital Notes 2. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in November. Note: There is no Customer or General Offer

The Notes will pay a quarterly coupon of 3.65%-3.85% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 1.70% as of 23rd October, with an initial indicative rate of 5.35%-5.55%pa. (The first pricing is