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.
Funds News & Analysis
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,771.90 | 1.10 | -0.01% |
| CAC 40 | 7,665.91 | 25.64 | -0.33% |
| DAX 40 | 23,909.61 | 123.61 | -0.51% |
| Dow JONES (US) | 44,094.77 | 275.50 | 0.63% |
| FTSE 100 | 8,760.96 | 37.95 | -0.43% |
| HKSE | 24,072.28 | 211.87 | -0.87% |
| NASDAQ | 20,369.73 | 96.27 | 0.47% |
| Nikkei 225 | 40,114.10 | 373.29 | -0.92% |
| NZX 50 Index | 12,655.08 | 52.26 | 0.41% |
| S&P 500 | 6,204.95 | 31.88 | 0.52% |
| S&P/ASX 200 | 8,543.30 | 1.00 | 0.01% |
| SSE Composite Index | 3,444.43 | 20.20 | 0.59% |