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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.

Funds News & Analysis

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Listed Investment Companies monthly performance: June 2024

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).
funds

Are average returns enough to achieve your goals?

Following rock star fund managers and trying to emulate their success is likely to end badly for most investors. It’s better to shoot for above average or even average results to achieve your investment goals.
funds

Listed Investment Companies monthly performance: May 2024

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).

Markets

Index
Last price
Change
% Change
All Ordinaries 8,203.50 5.10 -0.06%
CAC 40 7,598.63 23.39 -0.31%
DAX 40 18,557.70 150.63 0.82%
Dow JONES (US) 40,358.09 57.35 -0.14%
FTSE 100 8,167.37 31.41 -0.38%
HKSE 17,361.12 108.24 -0.62%
NASDAQ 17,997.35 10.22 -0.06%
Nikkei 225 39,322.10 272.29 -0.69%
NZX 50 Index 12,482.92 57.34 0.46%
S&P 500 5,555.74 8.67 -0.16%
S&P/ASX 200 7,962.10 9.00 -0.11%
SSE Composite Index 2,918.27 2.90 0.10%

Market Movers

Name
Last price
Change
% Change
Argosy Minerals Ltd AGY 0.05 0.03 -38.89%
Pilbara Minerals Ltd PLS 2.92 0.03 1.04%
Droneshield Ltd DRO 1.45 0.03 2.11%
Imugene Ltd IMU 0.06 0.00 -5.83%
Worley Ltd WOR 15.23 0.04 0.23%
Mesoblast Ltd MSB 1.25 0.06 -4.21%
Core Lithium Ltd CXO 0.10 0.00 -2.55%
Sayona Mining Ltd SYA 0.03 0.00 -3.03%
Zip Co Ltd ZIP 1.82 0.02 0.97%
Red 5 Ltd RED 0.42 0.03 6.41%