For
a corporate bond prospectus, this one is really long, ~ 320 pages, longer than some securitizations that I used to buy as a mortgage bond manager.
Not exact matches
These steps include: efforts to simplify
prospectus requirements for retail vanilla
bonds and ease the personal liability of company directors; improving market transparency through the RBA's publication of new measures of
corporate bond yields; the lengthening of the government
bond curve; and the listing of certain fixed - income securities on the Australian Securities Exchange.
Read the
prospectus for your fund and it will have the average duration as well as information about the issuers of the
bonds it does invest in (govt, agency, mortgage backed, foreign, high quality
corporate, etc) and whether there are constraints on the target average maturity.
In the case of municipal and
corporate bond funds, the fund company literature, such as the fund
prospectus and independent investment research reports, will report an «average credit quality» for the fund's portfolio as a whole.
** The RBC Target 2018
Corporate Bond Index ETF had its management fee reduced to 0.20 % effective Jan. 1, 2018 in accordance with its
prospectus.
The
prospectus for the
bonds as well as ASIC's guide to investing in
corporate bonds will help you answer these questions.
If you are buying
corporate bonds on the secondary market, the
prospectus may be out of date.
The
prospectus for an offer of
corporate bonds generally specifies a minimum investment parcel (or bundle of
bonds).
To help you understand what you read in the
prospectus, we've put together a quick summary of the key product features and risks of
corporate bonds.
If you buy
corporate bonds through a
prospectus, it is very important to read the document thoroughly (see «Tips for reading a
prospectus»).