Trilogy Trusts assigned ‘STRONG’ Investment Rating by Australia Ratings

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Australia Ratings Analytics (Australia Ratings) has reviewed two Trilogy Funds; the Trilogy Monthly Income Trust and the Trilogy Enhanced Cash (Trust). Both funds have been rated as STRONG. A rating of STRONG indicates a strong conviction that the Fund can deliver a risk-adjusted return in line with the Fund’s investment objective. The Trilogy Monthly Income Trust has been […]

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Sandhurst Strategic Income Fund Units rated ‘A’

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Australia Ratings has assigned its credit rating of ‘A’ to the Class A and Class B units issued by the Sandhurst Strategic Income Fund (“the Fund”). A rating of ‘A’ represents that the Fund has a high degree of protection against loss from credit risk on the rating scale used by Australia Ratings for fixed […]

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Government initiative to foster bigger retail bond market

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The release by the Treasurer on 11 January of draft amendments to the Corporations Act to simplify disclosure by listed companies when issuing retail bonds and amend the provisions relating to the liability of directors for information provided to retail bond investors is yet another positive step to foster a larger, more diversified and active […]

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BBB+ rating of Heritage Retail Bonds affirmed

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Australia Ratings has reviewed and affirmed its credit rating of ‘BBB+’ of the Heritage Bank Retail Bonds (the “bonds”). This rating is the highest long-term rating in the intermediate category of creditworthiness on the rating scale of Australia Ratings (see the rating scale below). The bonds are senior and unsecured debt obligations of Heritage Bank […]

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