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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Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,151.80 | 0.10 | 0.00% |
| CAC 40 | 8,395.76 | 48.56 | 0.58% |
| DAX 40 | 25,415.72 | 4.94 | -0.02% |
| Dow JONES (US) | 49,191.99 | 398.21 | -0.80% |
| FTSE 100 | 10,167.82 | 30.47 | 0.30% |
| HKSE | 26,999.81 | 151.34 | 0.56% |
| NASDAQ | 23,709.87 | 24.03 | -0.10% |
| Nikkei 225 | 54,341.23 | 792.07 | 1.48% |
| NZX 50 Index | 13,757.71 | 101.66 | 0.74% |
| S&P 500 | 6,963.74 | 13.53 | -0.19% |
| S&P/ASX 200 | 8,820.60 | 1.20 | -0.01% |
| SSE Composite Index | 4,126.09 | 12.67 | -0.31% |