Funds Focus

Strategies for income

Axa’s latest development in capital protected products is the development of their Retirement Income Guarantee.
Providing investors with a rising lifetime income of 5%pa, this protected income product, allows investors to particpate in share market returns and lock in growth*.

Axa have gained a lot of attention recently as Australia’s fastest growing investment platform with their capital guaranteed investment options. However, their success in the US (where Axa

Bendigo and Adelaide Bank (Bendigo) recently announced the launch of a new retail bond: Bendigo and Adelaide Bank Retail Bonds Series 1 with a 3 year investment term.

market by issuing a security paying 1.40% over the 90 day bank bill swap rate (BBSW) for a three year term. The issue is another important step for the retail bond market and follows on from the Commonwealth Bank’s decision to issue a similar security last yea

The Bonds will pay a quarterly coupon of 1.40% over the 90 day

Healthscope is the latest company to enter the retail bond market with a five and a half year bond (Healthscope Notes).

Healthscope, a private healthcare service provider and operator of private hospitals and pathology labs around Australia, Malaysia, Singapore and New Zealand, was privatised by the Carlyle Group and TPG in October of this year. They are looking to raise between $170m and $215m to refinance the bridging loan facility utilised during the acquisition.

Overall, Healthscope