FIIG - The Fixed Income Experts

Bond Portfolios

Created by Jon Sheridan, Head of Private Client Solutions

  • Conservative

    4.04%p.a. Return*

  • Balanced

    5.43%p.a. Return*

  • High Yield

    6.91%p.a. Return*

Returns since the 29th of June 2018 are 7.31%. This portfolio has 13 securities with all weightings between 4.9% and 10.6%, yielding 4.04% pa. It is designed for investors wanting a 100% allocation of investment grade bonds. The returns shown are based on a $1 million investment. $250,000 is the minimum amount that can be invested with FIIG.

Bond types

Security types

Sectors

What makes up the portfolio

Holding Issuer Product Type Structure Industry Sector Capital Value Capital Price Currency % allocation Yield
70,000 Sydney Airport Finance CIB Senior Debt Infrastructure 103,198 146.59 AUD 10.6% 4.66%
70,000 Queensland Treasury Corporation FCB Senior Debt Semi Government 102,831 146.04 AUD 10.6% 2.54%
80,000 Pacific National Finance Pty Ltd FRN Senior Debt Infrastructure 83,539 103.43 AUD 8.6% 4.00%
80,000 Aroundtown SA FCB Senior Debt Property 84,881 104.00 AUD 8.7% 3.75%
80,000 Insurance Australia Group Ltd FRN Tier 2 Insurance 80,551 100.17 AUD 8.3% 3.72%
75,000 Adani Abbot Point Terminal Pty Ltd FCB Senior Debt Infrastructure 78,465 101.60 AUD 8.1% 5.54%
80,000 JEM NSW Schools II Pty Ltd IAB Senior Debt Infrastructure 79,457 99.32 AUD 8.2% 4.65%
70,000 Suncorp Group Limited FRN Tier 2 Regional Bank 71,176 101.04 AUD 7.3% 3.52%
70,000 Liberty Financial Pty Ltd FRN Senior Debt Other Financials 71,565 101.45 AUD 7.3% 4.11%
70,000 Plenary Health (Casey) Finance Pty Ltd IAB Senior Debt Infrastructure 62,279 88.97 AUD 6.4% 4.54%
50,000 Bendigo and Adelaide Bank Ltd FRN Tier 2 Regional Bank 51,262 101.78 AUD 5.3% 3.64%
50,000 AMP Limited FRN Tier 2 Regional Bank 50,600 100.22 AUD 5.2% 4.30%
80,000 MPC Funding Ltd IAB Senior Debt Infrastructure 47,862 59.83 AUD 4.9% 4.30%

^ Pricing as at 30 April. Subject to change.

How did we choose this portfolio?

Each bond is selected to ensure the overall portfolio:

Preservation

Is designed to preserve
your capital

Cash flow

Generates ongoing
cash flow

Diversity and balance

Provides diversity
and balance

We combine fixed, floating and inflation linked securities and ensure all the bonds in the portfolio are investment grade securities.

  • Fixed Rate Bonds pay the same coupon amount throughout the life of the bonds, allowing you to predict cash flow.
  • Floating Rate Bonds move with the market interest rate and increase your return when rates rise.
  • Inflation Linked Bonds allow you to protect against rising inflation.

An allocation to senior debt securities means your investment is prioritised above shareholders for repayment. This protects your investment in the event of a problem with one of the issuers, because legally if the company goes into liquidation, any available funds will be repaid to senior investors before equity investors.

Returns since the 29th of June 2018 are 7.99%. This portfolio has 24 securities with weightings between 2.9% and 8.0%, yielding 5.43% pa. It is designed for investors wanting a balanced allocation of investment grade and sub investment grade bonds. The returns shown are based on a $1 million investment. $250,000 is the minimum amount that can be invested with FIIG.

Bond types

Security types

Sectors

What makes up the portfolio

Holding Issuer Product Type Structure Industry Sector Capital Value Cost Price Currency % allocation Yield to maturity
55,000 Sydney Airport CIB Senior Debt Infrastructure 81,084 146.59 AUD 8.0% 4.66%
70,000 Incitec Pivot Ltd FCB Senior Debt Other Corporate 72,388 102.89 AUD 7.1% 3.82%
70,000 JEM NSW Schools IAB Senior Debt Infrastructure 69,525 99.32 AUD 6.8% 4.65%
60,000 PHF IAB Senior Debt Infrastructure 53,382 88.97 AUD 5.3% 4.54%
50,000 Maurice Blackburn Lawyers FCB Senior Debt Other Corporate 51,988 102.70 AUD 5.1% 6.54%
50,000 Virgin Australia FCB Senior Debt Aviation 51,987 102.70 AUD 5.1% 7.40%
50,000 Bendigo and Adelaide Bank FRN Tier 2 Regional Bank 51,262 101.78 AUD 5.0% 3.64%
50,000 Centuria FRN Senior Debt Property 50,952 101.75 AUD 5.0% 4.94%
50,000 AMP Bank FRN Tier 2 Regional Bank 50,600 100.22 AUD 5.0% 4.30%
35,000 Pioneer Credit FRN SubDebt Other Financials 35,698 101.20 AUD 3.5% 6.19%
40,000 CF Asia Pacific FCB SubDebt Other Corporate 33,066 100.50 AUD 3.3% 7.98%
30,000 SCT Logistics FCB Senior Debt Other Corporate 31,848 103.45 AUD 3.1% 5.91%
30,000 Ansett Aviation Training FCB Senior Debt Other Corporate 31,657 102.00 AUD 3.1% 6.11%
30,000 StockCo FCB Senior Debt Other Financials 31,366 104.65 AUD 3.1% 6.67%
30,000 NextDC FCB Senior Debt Other Corporate 31,222 101.60 AUD 3.1% 5.43%
30,000 Zenith Energy FCB Senior Debt Infrastructure 31,145 102.10 AUD 3.1% 6.90%
30,000 Elanor FCB Senior Debt Property 30,957 102.90 AUD 3.0% 6.16%
30,000 Liberty Finance FCB Senior Debt Other Financials 30,591 101.65 AUD 3.0% 4.20%
30,000 Moneytech FRN SubDebt Other Financials 30,273 100.65 AUD 3.0% 5.39%
40,000 Privium Real Estate FCB Senior Debt Property 30,195 101.05 AUD 3.0% 7.78%
30,000 ZipMoney FRN SubDebt Other Financials 30,109 99.90 AUD 3.0% 7.68%
30,000 Merredin Energy FCB Senior Debt Infrastructure 29,277 103.90 AUD 2.9% 6.10%
40,000 W A Stockwell FCB Senior Debt Property 29,219 101.55 AUD 2.9% 6.68%
30,000 MPC Funding IAB Senior Debt Infrastructure 28,938 96.46 AUD 2.9% 4.40%

^ Pricing as at 30 April 2019. Subject to change.

How did we choose this portfolio?

Each bond is selected to ensure the overall portfolio:

Preservation

Is designed to preserve
your capital

Cash flow

Generates ongoing
cash flow

Diversity and balance

Provides diversity
and balance

We combine a mix of investment grade and sub investment grade bonds to generate the return, in conjunction with differing security types

  • Fixed Rate Bonds pay the same coupon amount throughout the life of the bonds, allowing you to predict cash flow.
  • Floating Rate Bonds move with the market interest rate and increase your return when rates rise.
  • Inflation Linked Bonds allow you to protect against rising inflation.

An allocation to senior debt securities means your investment is prioritised above shareholders for repayment. This protects your investment in the event of a problem with one of the issuers, because legally if the company goes into liquidation, any available funds will be repaid to senior investors before equity investors.

Returns since the 29th of June 2018 are 9.17%. This portfolio has 21 securities with weightings between 1.9% and 17.4%, yielding 6.91% pa. It is designed for investors seeking a higher return and who are comfortable with a corresponding increase in credit risk. The returns shown are based on a $1.5 million investment. $250,000 is the minimum amount that can be invested with FIIG.

Bond types

Security types

Sectors

What makes up the portfolio

Holding Security Description Product Type Structure Industry Sector Capital Value Capital price Currency % allocation Yield
200,000 Adani Abbot Point Terminal FCB Senior Debt Infrastructure 271,406 93.95 USD 17.7% 6.35%
100,000 NCIG Holdings FCB Senior Debt Infrastructure 168,290 117.50 USD 11.0% 9.32%
70,000 Sydney Airport CIB Senior Debt Infrastructure 103,198 146.59 AUD 6.7% 4.66%
50,000 Hertz FCB Senior Debt Other Corporate 75,517 103.25 USD 4.9% 6.44%
50,000 Barminco Finance FCB Senior Debt Resources 75,180 102.90 AUD 4.9% 5.57%
56,000 NCIG Holdings FCB Senior Debt Infrastructure 74,452 93.30 USD 4.9% 5.40%
50,000 Avon FCB Senior Debt Other Corporate 74,265 103.00 AUD 4.9% 6.83%
50,000 IAMGOLD FCB Senior Debt Resources 72,986 102.55 AUD 4.8% 6.48%
55,000 Geo Group FCB Senior Debt Infrastructure 72,205 92.25 USD 4.7% 7.64%
50,000 Harland Clarke FCB Senior Debt Other Corporate 71,393 99.47 AUD 4.7% 7.53%
50,000 Virgin Australia FCB Senior Debt Aviation 51,987 102.70 AUD 3.4% 7.40%
50,000 Incitec Pivot FCB Senior Debt Other Corporate 51,706 102.89 AUD 3.4% 3.82%
50,000 Armour Energy FCB Senior Debt Resources 51,554 102.30 USD 3.4% 8.10%
50,000 Liberty Financial FRN Senior Debt Other Financials 51,118 101.45 USD 3.3% 4.11%
50,000 AMP Bank FRN Tier 2 Regional Bank 50,600 100.22 USD 3.3% 4.30%
55,000 Privium FCB Senior Debt Property 41,518 101.05 USD 2.7% 7.78%
40,000 Pioneer Credit FRN SubDebt Other Financials 40,797 101.20 AUD 2.7% 6.19%
40,000 CF Asia Pacific FCB Senior Debt Infrastructure 33,066 100.50 AUD 2.2% 7.98%
30,000 Centuria Capital FRN Senior Debt Property 30,571 101.75 AUD 2.0% 4.94%
40,000 Dean Foods FCB Senior Debt Other Corporate 29,994 52.00 USD 2.0% 27.35%
40,000 W A Stockwell FCB Senior Debt Property 29,219 101.55 AUD 1.9% 6.68%

^ Pricing as at 30 April 2019. Subject to change.

How did we choose this portfolio?

Each bond is selected to ensure the overall portfolio:

Preservation

Is designed to preserve
your capital

Cash flow

Generates ongoing
cash flow

Diversity and balance

Provides diversity
and balance

We combine a mix of investment grade and sub investment grade bonds to generate the return, in conjunction with differing security types

  • Fixed Rate Bonds pay the same coupon amount throughout the life of the bonds, allowing you to predict cash flow.
  • Floating Rate Bonds move with the market interest rate and increase your return when rates rise.
  • Inflation Linked Bonds allow you to protect against rising inflation.

An allocation to senior debt securities means your investment is prioritised above shareholders for repayment. This protects your investment in the event of a problem with one of the issuers, because legally if the company goes into liquidation, any available funds will be repaid to senior investors before equity investors.

Bonds available through FIIG

Choose from 131 bonds that pay over 6% returns

Coupon type
Fixed Coupon Bond
Price
$104.38
Sector
Other Corporate
Maturity
Aug 2022
6.37%
Yield to maturity
Coupon type
Fixed Coupon Bond
Price
$103.13
Sector
Consumer
Maturity
Jun 2022
6.48%
Yield to maturity
Coupon type
Fixed Coupon Bond
Price
$103.44
Sector
Other Corporate
Maturity
May 2023
7.25%
Yield to maturity

Coupon type
Fixed Coupon Bond
Price
$101
Sector
Technology
Maturity
Apr 2038

6.33%
Yield to maturity
Coupon type
Floating Rate Note
Price
$101.54
Sector
Finance
Maturity
Jan 2049
6.20%
Yield to maturity
View all bonds

Choose from 78 bonds that pay 5% returns

Coupon type
Fixed Coupon Bond
Price
$102.73
Sector
Industrial
Maturity
Jun 2021
5.86%
Yield to maturity
Coupon type
Fixed Coupon Bond
Price
$109.42
Sector
Finance
Maturity
May 2036
5.53%
Yield to maturity
Coupon type
Fixed Coupon Bond
Price
$99.53
Sector
Industrial
Maturity
Nov 2028
5.26%
Yield to maturity
Coupon type
Fixed Coupon Bond
Price
$108.46
Sector
Finance
Maturity
Jun 2046
5.30%
Yield to maturity
Coupon type
Floating Rate Note
Price
$101.23
Sector
Finance
Maturity
Aug 2025
5.37%
Yield to maturity
View all bonds

Choose from 369 bonds that pay upto 5% returns

Coupon type
Floating Rate Note
Price
$97.63
Sector
Finance
Maturity
Nov 2027
4.45%
Yield to maturity
Coupon type
Floating Rate Note
Price
$100.59
Sector
Finance
Maturity
May 2027
4.15%
Yield to maturity
Coupon type
Fixed Coupon Bond
Price
$103.47
Sector
Finance
Maturity
Mar 2024
3.71%
Yield to maturity
Coupon type
Floating Rate Note
Price
$84.60
Sector
Finance
Maturity
Aug 2036
4.43%
Yield to maturity
Coupon type
Floating Rate Note
Price
$100.36
Sector
Consumer
Maturity
Jun 2044
3.64%
Yield to maturity
View all bonds

^ Pricing as at 07 May. Subject to change. The yields and prices do not represent the prices that FIIG will transact with its clients. They simply represent FIIG's observation of the institutional market mid-point prices which are obtained from FIIG's trading with institutional counterparties, as well as numerous market data sources that FIIG has access to. A mid-point value sits between the typical bid (offer to buy) and ask (offer to sell) prices prevailing in the institutional market.

Earn over 6% pa* with Corporate Bonds. Get started today!

* Return is yield to maturity. Subject to change and before fees. Please see our FSG for any applicable fees.
† Weighted average life for maturity.

Copyright The contents of this document are copyright. Other than under the Copyright Act 1968 (Cth), no part of it may be reproduced or distributed to a third party without FIIG’s prior written permission other than to the recipient’s accountants, tax advisors and lawyers for the purpose of the recipient obtaining advice prior to making any investment decision. FIIG asserts all of its intellectual property rights in relation to this document and reserves its rights to prosecute for breaches of those rights.

Disclaimer Certain statements contained in the information may be statements of future expectations and other forward-looking statements. These statements involve subjective judgement and analysis and may be based on third party sources and are subject to significant known and unknown uncertainties, risks and contingencies outside the control of the company which may cause actual results to vary materially from those expressed or implied by these forward looking statements. Forward-looking statements contained in the information regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. You should not place undue reliance on forward-looking statements, which speak only as of the date of this report. Opinions expressed are present opinions only and are subject to change without further notice.

No representation or warranty is given as to the accuracy or completeness of the information contained herein. There is no obligation to update, modify or amend the information or to otherwise notify the recipient if information, opinion, projection, forward-looking statement, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

FIIG shall not have any liability, contingent or otherwise, to any user of the information or to third parties, or any responsibility whatsoever, for the correctness, quality, accuracy, timeliness, pricing, reliability, performance or completeness of the information. In no event will FIIG be liable for any special, indirect, incidental or consequential damages which may be incurred or experienced on account of the user using information even if it has been advised of the possibility of such damages.

FIIG provides general financial product advice only. As a result, this document, and any information or advice, has been provided by FIIG without taking account of your objectives, financial situation and needs. FIIG’s AFS Licence does not authorise it to give personal advice. Because of this, you should, before acting on any advice from FIIG, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. If this document, or any advice, relates to the acquisition, or possible acquisition, of a particular financial product, you should obtain a product disclosure statement relating to the product and consider the statement before making any decision about whether to acquire the product. Neither FIIG, nor any of its directors, authorised representatives, employees, or agents, makes any representation or warranty as to the reliability, accuracy, or completeness, of this document or any advice. Nor do they accept any liability or responsibility arising in any way (including negligence) for errors in, or omissions from, this document or advice. FIIG, its staff and related parties earn fees and revenue from dealing in the securities as principal or otherwise and may have an interest in any securities mentioned in this document. Any reference to credit ratings of companies, entities or financial products must only be relied upon by a ‘wholesale client’ as that term is defined in section 761G of the Corporations Act 2001 (Cth). FIIG strongly recommends that you seek independent accounting, financial, taxation, and legal advice, tailored to your specific objectives, financial situation or needs, prior to making any investment decision. FIIG does not make a market in the securities or products that may be referred to in this document. A copy of FIIG’s current Financial Services Guide is available at www.fiig.com.au/fsg.

An investment in notes or corporate bonds should not be compared to a bank deposit. Notes and corporate bonds have a greater risk of loss of some or all of an investor’s capital when compared to bank deposits. Past performance of any product described on any communication from FIIG is not a reliable indication of future performance. Forecasts contained in this document are predictive in character and based on assumptions such as a 2.5% p.a. assumed rate of inflation, foreign exchange rates or forward interest rate curves generally available at the time and no reliance should be placed on the accuracy of any forecast information. The actual results may differ substantially from the forecasts and are subject to change without further notice. FIIG is not licensed to provide foreign exchange hedging or deal in foreign exchange contracts services. The information in this document is strictly confidential. If you are not the intended recipient of the information contained in this document, you may not disclose or use the information in any way. No liability is accepted for any unauthorised use of the information contained in this document. FIIG is the owner of the copyright material in this document unless otherwise specified.

The FIIG research analyst certifies that any views expressed in this document accurately reflect their views about the companies and financial products referred to in this document and that their remuneration is not directly or indirectly related to the views of the research analyst. This document is not available for distribution outside Australia and New Zealand and may not be passed on to any third party without the prior written consent of FIIG. FIIG, its directors and employees.

Copyright © 2019 FIIG Securities Limited | ABN 68 085 661 632 | AFSL No 224659 | Financial Services GuideSitemap | About us
FIIG provides general financial product advice only.  For a copy of our disclaimer please refer to fiig.com.au/disclaimer
* Based on FIIG’s high yield sample portfolio. Click here to view. Subject to change and before fees. Please see our FSG for any applicable fees.