Macquarie Term Advantage
23781
Macquarie Term Advantage 23781 Strategy
The Fund is required to invest the funds raised by it exclusively in a New Zealand dollar denominated deposit with a New Zealand registered bank with a minimum Standard & Poor’s credit rating of AA, provided that cash may be held by the Fund for liquidity purposes. As at the date of this Investment Statement, the deposit is with the New Zealand branch of Rabobank.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
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Listed Investment Companies monthly performance: October 2025
The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
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Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,868.20 | 33.10 | -0.37% |
| CAC 40 | 8,026.25 | 26.26 | -0.33% |
| DAX 40 | 24,056.80 | 105.85 | -0.44% |
| Dow JONES (US) | 47,560.29 | 179.03 | -0.38% |
| FTSE 100 | 9,670.39 | 28.38 | 0.29% |
| HKSE | 25,540.78 | 106.55 | 0.42% |
| NASDAQ | 23,576.49 | 30.58 | 0.13% |
| Nikkei 225 | 50,602.80 | 52.30 | -0.10% |
| NZX 50 Index | 13,371.06 | 115.26 | -0.85% |
| S&P 500 | 6,840.51 | 6.00 | -0.09% |
| S&P/ASX 200 | 8,579.40 | 31.70 | -0.37% |
| SSE Composite Index | 3,900.50 | 9.03 | -0.23% |