Tactical Income
To view the Tactical Income Trust flyer, please click here.
______________________________________________________
The Perennial Tactical Income Trust provides an actively managed exposure to a portfolio of Australian fixed interest securities.
Fund Facts
Investment Approach
Perennial Fixed Interest focuses on valuing the medium term economic outlook and market fundamentals using a disciplined decision-making framework. The process involves constantly assessing new information to refine Perennial Fixed Interest's view of value and compare that to current market prices. The degree to which market prices diverge from fair value, determines the level of conviction and the degree to which the portfolios deviate from benchmark. Perennial Fixed Interest employs multiple strategies to add value including modified duration and yield curve management, sector allocation and security selection.
Investment Strategy
The Trust invests in a range of interest bearing securities, including:
- Cash;
- Cash enhanced;
- Australian fixed interest; and
- Hybrid Securities.
Perennial Fixed Interest, the investment manager, will seek to add value by actively managing the maturity structure and credit exposure of the Trust based on their assessment of the economic environment, expected trends in market interest rates and the credit quality and relative value of individual securities.
The Trust is authorised to utilise derivative instruments for risk management purposes, subject to the specific restriction that they cannot be used to gear portfolio exposure.
