Opinion
Investors who have sufficient income and who are more focused towards capital growth may dismiss Indexed Annuity Bonds (IABs) as a product only for retirees who need to generate a high income, however, given the substantial value that they currently offer, IABs can benefit all portfolios.
Company updates
Fig offers 66 wholesale Australian dollar corporate DirectBonds. There are 34 fixed rate bonds, 29 floating rate notes, two are indexed annuity bonds and one is a capital indexed bond. FIIG also offers 17 capital indexed and indexed annuity bonds.