Fermat ILS Yield IA AUD Inc
ETL7040AU
Fermat ILS Yield IA AUD Inc ETL7040AU Strategy
The Fund invests in a portfolio of Insurance Linked Securities with potentially global exposure, predominantly catastrophe bonds. To this end, Fermat employs an investment strategy which, in its opinion, seeks to generate an optimised risk-reward profile. The Fund has a long-term target return of 4.5% per annum above the Cash Rate (Bloomberg AusBond Bank Bill Index) after all Management Costs.
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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Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,018.80 | 0.80 | -0.01% |
| CAC 40 | 8,149.50 | 18.65 | -0.23% |
| DAX 40 | 24,490.41 | 139.29 | 0.57% |
| Dow JONES (US) | 48,138.47 | 228.59 | -0.47% |
| FTSE 100 | 9,931.38 | 9.33 | -0.09% |
| HKSE | 25,630.54 | 224.06 | -0.87% |
| NASDAQ | 23,287.22 | 131.86 | -0.56% |
| Nikkei 225 | 50,339.48 | 187.44 | -0.37% |
| NZX 50 Index | 13,548.42 | 0.29 | 0.00% |
| S&P 500 | 6,860.46 | 35.78 | -0.52% |
| S&P/ASX 200 | 8,714.30 | 0.50 | -0.01% |
| SSE Composite Index | 3,968.84 | 3.72 | 0.09% |