29 Oct 2021 - A mixed move around the globe as Wall St marched higher on positive earnings results. The local bourse closed in the red, for the first time since Tuesday last week. China’s curb on steel pressured resources & energy stocks lower. Credit Suisse boosted Oil Search’s target price.
Switzer Daily
FuturePay Lists on Chi-X
FuturePay (Managed Fund)
(Chi-X: FPAY) commenced trading on 2 June 2021. FPAY seeks to provide investors
predictable, monthly distributions that grow with inflation, with the potential
for capital growth and protection in down markets. The Fund is managed by
Magellan Asset Management and seeks to achieve its objective through an
investment in a portfolio of securities that replicate a blend of the Magellan
Global Plus strategy (50%- 60%) and the Magellan Core Infrastructure strategy
(40%-50%), in combination with a reserving strategy whereby cash will be
directed to a discretionary trust (“Support Trust”) to support distribution
payments if the portfolio performance is insufficient to meet the distribution
Wilson caught buying Magellan High Conviction ahead of WAR afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.