FIIG Securities, the Fixed Income Experts, launch FIIG Monthly Income Fund

Sydney, Australia - 3 September 2024: Australia's leading independent fixed income provider, FIIG Securities, has opened applications for its second managed Fund, the FIIG Monthly Income Fund (Fund), designed to provide investors with a diversified portfolio of stable monthly income through investments in Australian and Global floating and fixed-coupon corporate credit and Asset-Backed Securities across a broad investment universe. The Fund adds to the expansion of FIIG's Investment Management Business, accompanying the FIIG Australian Bond Fund, which launched in October 2023.

Devised as an efficient income solution for investors nearing or in retirement, the FIIG Monthly Income Fund provides for better budgeting and financial planning with the expertise of FIIG's Investment Management Team to actively manage the portfolio across a broad range of bonds and sectors. 

The Fund will be led by FIIG's Investment Management Team with over 60 years of combined experience, and Portfolio Investment Manager, Garreth Innes will lead the investment strategy and active management of the Fund. Garreth has extensive experience in financial markets, including managing significant volumes in global fixed income and multi-asset portfolio manager roles. 

Speaking about the Fund launch, Garreth said - "A large proportion of our client base is seeking regular income that can outpace inflation. However, they have limited time or capacity to actively select and manage the best risk-adjusted opportunities in a very broad and nuanced investment universe, both in Australia and further afield. The FIIG Monthly Income Fund is our solution for existing and new clients to our firm." 

The Fund will be targeting a return of 2% p.a. above the Bloomberg AusBond Bank Bill Index, which equates to 6.39% p.a.* for the 12-month period to 2 September 2024.

The FIIG Monthly Income Fund officially opened for applications in September and will start investing on 1 October 2024, which coincides with the first-year anniversary of the FIIG Australian Bond Fund. 

For more information about the Fund, please visit the microsite by clicking here.

For the Monthly Income Fund Fact Sheet, please click here. 

About FIIG Securities 

FIIG Securities was established in 1998 to provide investors with direct access to a broad range of fixed-income products and services. As one of Australia's leading independent fixed-income specialists, FIIG has grown to service over 9,000 clients with more than $4.5bn in funds under advice ^ and locations across Australia in Brisbane, Sydney, Melbourne and Perth.

FIIG offers a comprehensive range of fixed-income investment services for Private Clients, Intermediaries, Corporations, and Institutions. Those services include access to Direct Bonds through Over-The-Counter Trading (over 700 corporate and government bonds^) Institutional Trading, Individually Managed Accounts (IMAs) through the Managed Income Portfolio Service (MIPS), The FIIG Australian Bond Fund and FIIG Monthly Income Fund, a Short-term Term Money Markets service, Debt Capital Markets & Private Debt issuance for corporate issuers, along with a dedicated, in-house, fixed-income Credit Research Team.

Please visit fiig.com.au for more information. 

^as of 3 September 2024

*The yield target indicated for the fund is provided as an indicator based on the portfolio composition and does not guarantee actual yield.

Equity Trustees Limited ("Equity Trustees") (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the FIIG Monthly Income Fund ("the Fund"). Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).