Yield Matters   

23 October, 2018

XTB Price Sheets

Analysts continue to talk about the end of the bull market

But, does this ring true? 
Whether the 20-year bond bull market is over or not, there is still a place for fixed income in investors' portfolios. During such times, it's even more important to focus on the right fixed income. Our quarterly review of the most popular bond managed funds and ETFs gives you insight into where the best performance can be found. 

Important changes to XTB portfolios 

Concentrated High Yield Portfolio Yield: 3.62% as at 22 OCT 
The recent launch of five new XTBs increased the range of eligible securities considered for XTB portfolios. As a result, there have been numerous changes to the Concentrated High Yield and High Yield portfolios. Yield to Maturity for both portfolios has increased by approximately 50 basis points. The changes have also resulted in the characteristics of our suite of portfolios being more distinct:
  • For the highest yields - Concentrated High Yield or High Yield portfolios.
  • For a shorter duration portfolio - Maturity Ladder portfolio.
  • For floating-rate exposure - Cash Plus portfolio.

XTB Cash Flow Tool - A how to guide

Not tried our Cash Flow Tool, or unsure how it works? This guide is for you

Our step-by-step guide takes you through how to use the tool, explaining each element as you go. Even if you've used the tool before, it's worth a read as there are a number of advanced features you may not be aware of. Did you know you can use the tool to backdate an XTB portfolio you've previously purchased, or that you can enter separate investment amounts for each XTB in a custom portfolio? 


Maths not (Black) magic

With Halloween approaching, here's a piece you can share with your clients

At first glance bonds may seem complicated, maybe even a bit scary. In actual fact bonds are really quite simple once you understand the maths behind them. When held to maturity, bonds provide a regular income with return of capital. So not the stuff of nightmares, bonds can help you and your clients to sleep at night.

Four XTBs mature in November. If you have clients holding any of these XTBs it's time to start planning which XTB to invest in next. 

Upcoming XTB coupons

19 OCT: YTMTL2 - Telstra 4.00% 19 APR 2027 NEW
20 OCT: YTMAP1 - APT Pipelines 3.75% 20 OCT 2023
23 OCT: YTMF06 - Suncorp BBSW + 1.10% 23 APR 2019
23 OCT: YTMSCG - Scentre 5.00% 23 OCT 2019
26 OCT: YTMVC1 - Vicinity 4.00% 26 APR 2027 NEW
26 OCT: YTMVCX - Vicinity 3.50% 26 APR 2024 NEW
27 OCT: YTMQF1 - Qantas 6.50% 27 APR 2020
28 OCT: YTMAZJ - Aurizon 5.75% 28 OCT 2020
05 NOV: YTMAGL - AGL Energy 5.00% 05 NOV 2021
05 NOV: YTMDX1 - Dexus 4.75% 05 NOV 2025
08 NOV: YTMF04 - NAB BBSW + 0.88% 08 NOV 2018 MATURING
11 NOV: YTMDX2 - Dexus 4.25% 11 May 2027 NEW

Keep up to date with XTB coupon dates on our website calendar, or follow us on Twitter or LinkedIn

Recent bond transactions

19 OCT: Resimac to sound investors for Premier 2018-2 RMBS deal
19 OCT: TCV plans new three-year benchmark bond 
19 OCT: BNG Bank prints new A$200 million April 2029 Kangaroo bond 
18 OCT: CAF prices A$100 million five-year Kangaroo deal
17 OCT: AfDB adds A$25 million to August 2028 Kangaroo
17 OCT: NPBS prints A$50 million in one-year domestic FRN

KangaNews has an excellent summary of the latest bond transactions: View here

Contact us

If you have any questions on the content included in Yield Matters or need help with anything regarding XTBs, please contact us on 1800 995 993 or email
Stay in touch by following us on the social platform of your choice
DISCLAIMER: Australian Corporate Bond Company Ltd (ABN 34 169 442 657, Authorised Representative No.: 469037) (“ACBC”) is an Authorised Representative of Theta Asset Management Ltd (ABN 37 071 807 684, AFSL No.: 230920) (“Theta”). Theta is the Responsible Entity of the Australian Corporate Bond Trust (ARSN 603 010 779) and the issuer of the Exchange Traded Bond Units (“XTBs”). ACBC is the Securities Manager of the XTBs. ACBC and Theta will earn fees for making the XTBs available to investors, which is payable at the time that an Authorised Participant applies for an XTB.
Email transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, delayed in transmission, incomplete, or may contain viruses.
ASX have approved the XTBs for quotation on ASX pursuant to the AQUA Rules. Further a Product Disclosure Statement (“PDS”) dated 6 May 2015 has been lodged with ASIC. Further Classes of XTBs may be made available pursuant to separate PDS, those Classes of XTBs will be made available once they have been approved for quotation by ASX and the relevant PDS has been lodged with ASIC. Investors should read the PDS that relates to that Class of XTB prior to making an investment decision, with or without the assistance of their professional legal, accounting and financial advisers.
The information contained in this email is confidential and may not be further disseminated to any person.  The information contained in this email is general in nature and does not take into account any particular investors personal circumstances, objectives or needs. It is not personal financial product advice. It is only made available to wholesale investors within the meaning of section 761G of the Corporations Act (2001).  
ACBC is solely responsible for the contents of this email. The contents of a PDS and this email are subject to change and ACBC makes no warranty, express or implied, as to the completeness of any statement contained herein nor does it represent that this email contains all of the information that an investor may require in order to assess the merits of an investment in XTBs.
The distribution of this email or any other material relating to XTBs, including a PDS, to persons outside of Australia may be restricted by law and any person who comes into possession of such documents should seek their own advice on, and observe any such restrictions.
Data in this email has been sourced from external parties believed to be reliable and has not been verified. Accordingly ACBC and Theta (and each of their directors, officers, consultants and employees) makes no warranty as to the accuracy or validity of any of the statistics quoted. To the extent permitted by law none of these parties are liable for any loss or damage arising from reliance on the content of this material. 

XTB® is a registered trade mark of Global Bond Exchange Pty Ltd, a related body corporate of Australian Corporate Bond Company Limited.

Copyright © 2018 Australian Corporate Bond Company, All rights reserved.

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