FIIG Securities, one of Australia’s leading independent fixed income providers, has selected Equity Trustees to be the trustee of its new fund, the FIIG Australian Bond Fund.
Andrew Godfrey, Executive General Manager, Corporate and Superannuation Trustee Services, Equity Trustees said: ‘’We are delighted to be selected as trustee for the new Australian Bond Fund from FIIG and are focused on working with them in this continuously evolving fixed income asset class”.
The FIIG Australian Bond Fund aims to provide investors with capital stability and income through a portfolio of investment grade Australian fixed interest securities that include government and corporate bonds, mortgage-backed securities, asset-backed securities, cash, and enhanced cash instruments. The fund’s objective is to produce returns in excess of the Bloomberg AusBond Composite 0+Yr benchmark over three-year rolling periods.
Alex Welch, CEO of FIIG Securities said, “We are excited to be working with EQT to launch the FIIG Australian Bond Fund, which will provide investors with access to diversified fixed interest securities with the dual goal of protecting capital while also generating excess returns.”
“Our active management process paired with our investment philosophy means that investors will gain exposure to a professionally managed, broad range of fixed income securities,” said Mr Welch.
Established in 1998, FIIG currently manages $300m in individually managed accounts across four fixed income strategies and a further $5bn of funds under advice. FIIG’s sole focus on the fixed income asset class allows for a specialised approach to providing investors such as private clients, financial advisers, not-for-profit and institutions, with a targeted range of products that aim to provide stability and consistent income.
“As the leading advocate of corporate bonds, our vision has been to pioneer an environment in Australia where the fixed income asset class is well understood and easily accessed, offering investors a diverse range of fixed income solutions. We believe our in-market expertise, track record, alongside the significant increase in yields and return opportunity in the bond asset class, makes the FIIG Australian Bond Fund a compelling proposition for investors, said Mr Welch.”
Mr Godfrey added: “Our history and expertise in funds governance allows us to complement FIIG’s depth of experience within the fixed income universe”.
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Further information
Media
Alicia Kokocinski
General Manager – Marketing & Communications
03 8623 5396 / 0403 172 024
akokocinski@eqt.com.au
Equity Trustees is the brand name of EQT Holdings Limited (ABN 22 607 797 615) and its subsidiary companies, publicly listed company on the Australian Securities Exchange (ASX: EQT) with offices in Melbourne, Bendigo, Sydney, Brisbane, Perth, London and Dublin.
Equity Trustees was established in 1888 for the purpose of providing independent and impartial Trustee and Executor services to help families throughout Australia protect their wealth. As Australia’s leading specialist trustee company, we offer a diverse range of services to individuals, families and corporate clients including asset management, estate planning, philanthropic services and Responsible Entity (RE) services for external Fund Managers.