Funds Focus

ANZ Bank has just announced the launch of a new income offer: ANZ Capital Notes 3.The first round of access is through a broker firm allocation, prior to shareholder offer and listing in March.

The Notes will pay a semi annual coupon of 3.6%-3.8% (rate determined by the bookbuild) over the 180 day bank bill swap rate (BBSW), which was 2.69% as of the 23 January, with an initial indicative rate of 6.19%-6.39%pa. (The first pricing is due to be set on date of issue) The Notes are expected to

CBA has just announced the launch of a new income offer: CommBank Perls 7 Capital Notes. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in October. Note: There is no Customer or General Offer

The Notes will pay a quarterly coupon of 2.8%-3.0% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 2.64% as of 15th August, with an initial indicative rate of 5.46%-5.66%pa. (The first pricing is due to be set

PM Capital has announced the launch of a new Listed Investment Company: PM Capital Asian Opportunities Fund (PAF).The first round of access is through a broker firm allocation, prior to the shareholder & general offer and listing in May.

The Shares aim to provide investors with a return in excess of the MSCI Asian (ex Japan) Equity Index. The Shares will be tradable on the ASX.

PM Capital
PM Capital currently manages a successful unlisted managed fund, PM Capital Emerging Asia Fund