Funds Focus Newsletter January 2013

Melbourne Cup 2018

Fun for the Melbourne Cup. Macquarie and Morgans bean counters have once again been released to see if they can put their analytical skills to good use and find the magic bean that will promote them to chief bean counter for the day.

As per the last few years, Macquarie are consistently offering the most detailed analysis, whereas Morgans budget seems to be shrinking (less pretty logos etc).

The markets have been in turmoil the last month and the analysts are clearly aware of tail risk in

Melbourne Cup, analysis, commentary
Wealth Focus

Clime Capital Convertible Loan Notes

Clime Capital has just announced the launch of a new income offer: Clime Capital Convertible Loan Notes. Access is available through the shareholder offer before listing in December.

The Notes will pay a quarterly coupon at 6.25%pa and are due to mature 30th November 2021. The Note will be tradable on the ASX.

This issue will be used to invest in securities listed on the ASX, recognised international exchanges and selected unlisted investments.
Clime Capital
For those not familiar

Wealth Focus

BOQ Capital Notes (BOQPE) Analysis

Bank of Queensland has just announced the launch of a new income offer: BOQ Capital Notes. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in December. Note: There is no General Offer

The Notes will pay a quarterly coupon of 3.75%-3.95% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 1.73% as of 23rd November, with an initial indicative rate of 5.48%-5.68%pa. (The first pricing is due to be set on