FIIG - The Fixed Income Experts
 

Wholesale Investors Sample Bond Portfolios


With FIIG’s DirectBonds service, you can choose from over 600+ corporate and government bonds to build a portfolio and achieve a target return. We have constructed three sample portfolios to provide insight into returns, diversification and strategy. The portfolio is updated each month, with investors able to receive the monthly commentary as well as view the entire portfolio by clicking the download button.

  • Conservative

    5.46%p.a. Return^

  • Balanced

    6.48%p.a. Return^

  • High Yield

    8.05%p.a. Return^

This portfolio has 10 securities with weightings between 9.24% and 10.71%, yielding 5.46% pa*. It is designed for investors wanting a 100% allocation of investment grade bonds. The returns shown are based on ~$470,000 investment. $50,000 is the minimum amount that can be invested with FIIG.

Bond types
Security types
Ratings
Sectors
Portfolio breakdown
Holding Issuer Maturity/Call Date Bond Type Structure Ratings Industry Sector Capital Value Capital Price Currency % allocation Yield
31,000 Sydney Airport Nov 2030 CIB Senior Debt IG Infrastructure 49,970 160.51 AUD 9.8% 5.75%
50,000 National Australia Bank Limited Jun 2034 FCB Tier 2 IG Major Bank 54,424 106.68 AUD 10.7% 5.44%
40,000 BPCE SA Oct 2033 FCB Senior Debt IG Regional Bank 46,936 113.84 AUD 9.2% 5.65%
46,000 Australian Government Apr 2033 FCB Senior Debt IG Government 49,769 106.09 AUD 9.8% 3.66%
50,000 BNP Paribas Paris Aug 2029 FRN Tier 2 IG Regional Bank 50,919 101.00 AUD 10.0% 5.70%
50,000 Triton Trust Dec 2025 FRN Senior Debt IG Property 52,484 104.99 AUD 10.3% 6.58%
60,000 JEM NSW Schools Nov 2035 IAB Senior Debt IG Infrastructure 48,299 80.50 AUD 9.5% 5.92%
50,000 ANZ Holdings (New Zealand) Limited Oct 2030 FRN AT1 IG Major Bank 53,007 105.61 AUD 10.4% 5.69%
50,000 Liberty Financial Mar 2029 FRN Senior Debt IG Other Financials 53,610 106.55 AUD 10.6% 5.83%
42,000 Queensland Treasury Mar 2033 FCB Senior Debt IG Semi Government 48,702 115.51 AUD 9.6% 4.29%

^ Pricing as at 4 October 2024. Subject to change.

Portfolio characteristics

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.

This portfolio has 16 securities with weightings between 3.23% and 10.35%, yielding 6.48% pa*. It is designed for investors wanting higher yield than a solely investment grade portfolio by taking measured credit risk. The returns shown are based on ~$610,000 investment. $50,000 is the minimum amount that can be invested with FIIG.

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Bond types
Security types
Ratings
Sectors
What makes up the portfolio
Holding Issuer Maturity / Call Date Product Type Structure Ratings Industry Sector Capital Value Cost Price Currency % allocation Yield to maturity
40,000 Sydney Airport Nov 2030 CIB Senior Debt IG Infrastructure 64,478 160.51 AUD 10.4% 5.75%
50,000 Queensland Treasury Corporation Mar 2033 FCB Senior Debt IG Semi Government 57,979 115.51 AUD 9.4% 4.29%
50,000 Liberty Financial Pty Ltd Mar 2029 FRN Senior Debt IG Property 53,610 106.55 AUD 8.7% 5.84%
50,000 JEM NSW Schools II Pty Ltd Nov 2035 IAB Senior Debt IG Infrastructure 40,250 80.50 AUD 6.5% 5.92%
50,000 Triton Trust Dec 2025 FRN Senior Debt IG Property 52,484 104.99 AUD 8.5% 6.56%
50,000 Australian Government Apr 2033 FCB Senior Debt IG Government 54,097 106.09 AUD 8.5% 3.66%
50,000 ANZ Holdings (New Zealand) Limited Oct 2030 FRN AT1 IG Major Bank 53,263 106.12 AUD 8.1% 5.59%
25,000 Liberty Funding Pty Ltd May 2026 FRN Senior Debt IG Property 26,768 106.68 AUD 4.3% 5.40%
50,000 National Australia Bank Limited Jun 2034 FCB Tier 2 IG Major Bank 25,613 106.68 AUD 8.5% 5.44%
25,000 Thera Securitisation Trust Farmland-1 Sep 2027 FCB Senior Debt NR Other Corporate 25,437 101.78 AUD 4.8% 8.31%
25,000 CEFT Apr 2026 FRN Senior Debt NR Other Corporate 21,271 101.08 AUD 4.1% 8.02%
30,000 RACE Ltd Nov 2027 FCB Senior Debt NR Other Corporate 19,101 91.70 AUD 3.5% 10.37%
40,000 WA Stockwell Aug 2026 FCB Senior Debt NR Property 24,519 96.62 AUD 3.2% 9.55%
25,000 Zagga Investments Lending Trust 7 Nov 2025 FCB Senior Debt NR Property 20,870 96.93 AUD 3.9% 8.50%
20,000 Pepper Money Jun 2026 FRN Sub Debt NR Property 54,424 103.72 AUD 3.4% 8.36%
25,000 Pioneer Credit Ltd Nov 2026 FRN Sub Debt NR Other Corporate 25,151 100.00 AUD 4.1% 13.54%

^ Pricing as at 4 October 2024. Subject to change.

Portfolio characteristics

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.

This portfolio has 17 securities with weightings between 4.03% and 9.48%, yielding 8.05% 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 ~$525,000 investment. $50,000 is the minimum amount that can be invested with FIIG.

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Bond types
Security types
Ratings
Sectors
What makes up the portfolio
 
Holding Security Description Maturity / Call Date Product Type Structure Ratings Industry Sector Capital Value Capital price Currency % allocation Yield
30,000 P&N Bank May 2027 FRN AT1 NR Regional Bank 32,221 106.19 AUD 6.2% 6.76%
30,000 Peet Limited Sep 2026 FRN Sub Debt NR Property 30,572 101.68 AUD 5.9% 7.58%
20,000 Liberty Funding Pty Ltd May 2026 FRN Senior Debt Sub IG Property 20,812 103.63 AUD 4.0% 8.34%
30,000 Zagga Investment Lending Trust 7 Nov 2025 FCB Senior Debt NR Property 29,423 96.93 AUD 5.7% 8.50%
30,000 RACE Nov 2027 FCB Senior Debt NR Other Corporate 21,271 91.70 AUD 4.1% 10.37%
48,000 WA Stockwell Aug 2026 FCB Senior Debt NR Property 22,921 96.62 AUD 4.4% 9.55%
30,000 Pepper Money Jun 2026 FRN Sub Debt NR Property 31,304 103.72 AUD 6.1% 8.36%
30,000 Emeco Pty Ltd Jul 2026 FCB Senior Debt Sub IG Resources 30,447 99.94 AUD 5.9% 6.28%
60,000 Liberty Funding Pty Ltd May 2026 FRN Senior Debt Sub IG Property 23,377 102.75 AUD 4.5% 7.64%
30,000 NCIG Holdings Pty Ltd Mar 2027 FCB Sub Debt Sub IG Infrastructure 48,964 111.73 USD 9.5% 7.24%
30,000 ING Groep NV May 2027 FCB AT1 Sub IG Major Bank 41,127 92.55 USD 8.0% 7.05%
20,000 Societe Generale Mar 2034 FCB AT1 Sub IG Major Bank 30,684 104.98 USD 5.9% 7.75%
30,000 Thera Securitisation Farmland-1 Sep 2027 FCB Senior Debt NR Property 30,736 101.78 AUD 5.9% 8.31%
15,000 Barclays PLC Jun 2030 FCB AT1 Sub IG Major Bank 30,734 106.39 GBP 5.9% 7.12%
30,000 CEFT Apr 2026 FRN Sub Debt NR Other Corporate 30,524 101.08 AUD 5.9% 8.02%
30,000 Pioneer Credit Ltd Nov 2026 FRN Sub Debt NR Other Corporate 30,181 100.00 AUD 5.8% 13.54%
30,000 Heartland Bank Ltd Jun 2029 FRN Sub Debt NR Regional Bank 31,299 104.13 AUD 6.1% 6.47%

^ Pricing as at 4 October 2024. Subject to change.

Portfolio characteristics

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.

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

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An investment in notes, bonds or securities should not be compared to a bank deposit. Notes, bonds and securities 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 in 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 (unless otherwise specified), 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 may quote to you an estimated yield when you purchase a bond. This yield may be calculated by FIIG on either A) a yield to maturity date basis; or B) a yield to early redemption date basis. Some bond issuances include multiple early redemption dates and prices, therefore the realised yield earned by you on the bond may differ from the yield estimated or quoted by FIIG at the time of your purchase. 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.

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