Fermat ILS Yield IU USD Inc
ETL0999AU
Fermat ILS Yield IU USD Inc ETL0999AU 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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