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CFS FC-Mutual Income FSF6242AU Strategy

Mutual’s investment process is based on using bottom-up fundamental analysis to determine the relative value and appropriateness of the various Australian bank bonds available within the market. The cornerstone of Mutual’s investment philosophy is security with performance. The Manager's research process places its emphasis on mitigating downside risks by attempting to provide investors with a high level of capital preservation and outperforming the Bloomberg Index, while generating excess net cash returns to investors.
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: April 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).
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KiwiSaver Survey - March Quarter 2024

KiwiSaver assets increased, owing significantly to market movements, ending the quarter at NZD 108.6 billion, up around NZD 4 billion for the quarter.

Markets

Index
Last price
Change
% Change
All Ordinaries 8,010.50 5.30 -0.07%
CAC 40 7,570.20 58.60 -0.77%
DAX 40 18,067.91 64.06 -0.35%
Dow JONES (US) 38,834.86 56.76 0.15%
FTSE 100 8,205.11 13.82 0.17%
HKSE 18,430.39 514.84 2.87%
NASDAQ 17,862.23 5.21 0.03%
Nikkei 225 38,570.76 88.65 0.23%
NZX 50 Index 11,671.19 96.21 -0.82%
S&P 500 5,487.03 13.80 0.25%
S&P/ASX 200 7,769.70 8.40 -0.11%
SSE Composite Index 3,018.05 12.20 -0.40%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.03 0.00 -2.86%
Red 5 Ltd RED 0.45 0.01 -1.11%
Telstra Group Ltd TLS 3.60 0.00 0.00%
Mirvac Group MGR 1.93 0.06 3.22%
Liontown Resources Ltd LTR 1.00 0.02 -1.96%
Beach Energy Ltd BPT 1.47 0.07 -4.25%
Judo Capital Holdings Ltd JDO 1.36 0.01 0.37%
Pilbara Minerals Ltd PLS 3.22 0.04 -1.23%
CSR Ltd CSR 8.97 0.00 0.00%
AMP Ltd AMP 1.05 0.01 -0.47%