Insights

Over the 12 months to 31 March 2021, the Perpetual Credit Income Trust (ASX:PCI) delivered a positive return of 8.6%, outperforming the RBA cash rate by 8.5%. Read More.

Over the 12 months to 31 March 2021, the Perpetual Credit Income Trust (ASX:PCI) delivered a positive return of 8.6%, outperforming the RBA cash rate by 8.5%. Read More.

Corporate bonds can be fixed interest or floating rate investments. This means that the interest rate on the money lent by the investor is either set in advance or linked to a variable interest rate.

Michael Korber, Head of Credit and Fixed Income, on Livewire. In this video, Korber breaks down the strategy behind the Perpetual Credit Income Trust and the outlook on corporate credit through 2021.

Credit spread tightening was the key contributing factor to performance and was observed broadly across sectors. Read More.

Securitisation is the process of pooling financial assets and converting them into one financial instrument. Securitised assets are generally issued by special purpose vehicles, such as trusts or companies, that hold the assets.

In this presentation, PCI provides an update on its portfolio and the case for high yield investments.

Credit risk is the possibility that a borrower or counterparty does not meet its payment obligations as they fall due. A borrower defaulting by failing to meet interest or capital repayments is one of the most significant risks faced by any lender.

Duration is the term used to describe how the value of a fixed income security, such as a bond or loan, is likely to change when official interest rates move.

Understanding the seniority of assets informs investors how they will fare in the event of a company being wound up. Investors in fixed income assets, such as secured or unsecured debt, generally rank higher in priority than shareholders.

With its’ own terminology and nuances, understanding fixed income investing sometimes needs an explainer. We’re here to help. Here we feature the term “credit spread”.

With market conditions providing the ultimate test of resilience due to the COVID-19 pandemic, Portfolio Managers, Michael Korber & Anne Moal discuss markets, how the Perpetual Credit Income Trust (ASX:PCI) has been managed in these current market conditions and the opportunities they’re seeing in credit and fixed income.