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

The misconception that fully franked is better than unfranked income
Over the last 2 years, we have had the pleasure of dealing with hundreds of investors taking advantage of our service on the hybrids/ income securities that we have seen coming to market. You will have noticed that over time we have gradually been building up our research to provide investors with some analysis on how to compare products and where we see these sitting within portfolios. However, one of the common