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guide to Switching Hybrids

Key Benefits of Fixed Coupon Notes

  • Elevated cashflow. Franking isn’t realised till tax return is complete.
  • Coupon not sensitive to BBSW.
  • Risk is clearly defined from issuance.
  • Ability to create new issuances daily. Zero-downtime between new investments. No Idle Cash.
  • Adviser Fees included (1-2% per issuance)
  • Lower Credit Risk than Hybrids (Senior Unsecured – Issued by A+ Rated issuers)

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