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PCI - Perpetual Credit Income Trust

Discussion in 'Stocks I-P' started by JTLP, May 15, 2019 at 10:12 AM.

  1. JTLP

    JTLP

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    Has anyone taken a look at these guys? Basically gives retail investors the chance to invest in bonds and the like that they normally wouldn’t get to.

    Aims to pay a monthly dividend that is the RBA cash rate + 3.25%, can’t tell if it’s franked or not (suspecting no).

    Shares were issued at $1.10 and they’re at $1.11, so no great moves but an oversubscribed placement.

    Thoughts?
     
  2. So_Cynical

    So_Cynical The Contrarian Averager

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    If you want super low yield and low risk bond exposure its wonderful, for retirees building their own annuity its perfect.
     
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