FIIG - The Fixed Income Experts
 

Wholesale Investors Sample Bond Portfolios


With FIIG’s DirectBonds service, you can choose from over 600+ corporate and government bonds to build a portfolio and achieve a target return. We have constructed three sample portfolios to provide insight into returns, diversification and strategy. The portfolio is updated each month, with investors able to receive the monthly commentary as well as view the entire portfolio by clicking the download button.

  • Conservative

    5.73%p.a. Return^

  • Balanced

    6.98%p.a. Return^

  • High Yield

    9.59%p.a. Return^

This portfolio has 10 securities with weightings between 7.88% and 11.80%, yielding 5.73% pa*. It is designed for investors wanting a 100% allocation of investment grade bonds. The returns shown are based on ~$500,000 investment. $50,000 is the minimum amount that can be invested with FIIG.

Bond types
Security types
Ratings
Sectors
Portfolio breakdown
Holding Issuer Maturity/Call Date Bond Type Structure Ratings Industry Sector Capital Value Capital Price Currency % allocation Yield
40,000 Sydney Airport Nov 2030 CIB Senior Debt IG Infrastructure 63,356 157.41 AUD 11.8% 5.66%
50,000 Westpac Nov 2033 FCB Tier 2 IG Major Bank 55,391 109.24 AUD 10.3% 5.94%
50,000 BPCE SA Oct 2033 FCB Senior Debt IG Regional Bank 55,833 109.58 AUD 10.4% 6.29%
50,000 Australian Government Apr 2033 FCB Senior Debt IG Government 53,227 105.17 AUD 9.9% 3.83%
50,000 Genworth Jul 2025 FRN Tier 2 IG Insurance 52,068 103.39 AUD 9.7% 6.54%
50,000 Pepper 2023 Apr 2027 FRN Senior Debt IG Property 51,994 103.63 AUD 9.7% 6.29%
50,000 JEM NSW Schools Nov 2035 IAB Senior Debt IG Infrastructure 42,302 84.60 AUD 7.9% 5.62%
50,000 Banco Santander Jan 2031 FCB Senior Debt IG Regional Bank 51,468 102.78 AUD 9.6% 6.01%
50,000 Liberty Mar 2028 FRN Senior Debt IG Other Financials 51,905 102.80 AUD 9.7% 7.01%
50,000 Queensland Treasury Mar 2033 FCB Senior Debt IG Semi Government 59,594 116.69 AUD 11.1% 4.27%

^ Pricing as at 30 January 2024. Subject to change.

Portfolio characteristics

Each bond is selected to ensure the overall portfolio:

Preservation

Is designed to preserve
your capital

Cash flow

Generates ongoing
cash flow

Diversity and balance

Provides diversity
and balance

We combine fixed, floating and inflation linked securities and ensure all the bonds in the portfolio are investment grade securities.

  • Fixed Rate Bonds pay the same coupon amount throughout the life of the bonds, allowing you to predict cash flow.
  • Floating Rate Bonds move with the market interest rate and increase your return when rates rise.
  • Inflation Linked Bonds allow you to protect against rising inflation.

An allocation to senior debt securities means your investment is prioritised above shareholders for repayment. This protects your investment in the event of a problem with one of the issuers, because legally if the company goes into liquidation, any available funds will be repaid to senior investors before equity investors.

This portfolio has 16 securities with weightings between 3.42% and 10.49%, yielding 6.98% pa*. It is designed for investors wanting higher yield than a solely investment grade portfolio by taking measured credit risk. The returns shown are based on ~$600,000 investment. $50,000 is the minimum amount that can be invested with FIIG.

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Bond types
Security types
Ratings
Sectors
What makes up the portfolio
Holding Issuer Maturity / Call Date Product Type Structure Ratings Industry Sector Capital Value Cost Price Currency % allocation Yield to maturity
40,000 Sydney Airport Nov 2030 CIB Senior Debt IG Infrastructure 63,356 157.41 AUD 10.5% 5.66%
50,000 Queensland Government Mar 2033 FCB Senior Debt IG Semi Government 59,594 116.69 AUD 9.9% 4.27%
50,000 Genworth Jul 2025 FRN Tier 2 IG Insurance 52,068 103.39 AUD 8.6% 6.54%
50,000 JEM NSW Schools Nov 2035 IAB Senior Debt IG Infrastructure 42,302 84.60 AUD 7.0% 5.62%
50,000 Pepper 2023 Apr 2027 FRN Senior Debt IG Property 51,994 103.63 AUD 8.6% 6.29%
50,000 Banco Santander Mar 2027 FCB Senior Debt IG Regional Bank 51,468 102.78 AUD 8.5% 6.01%
50,000 Australian Government Apr 2033 FCB Senior Debt IG Government 53,227 105.19 AUD 8.8% 3.83%
25,000 Société Générale Sep 2024 FCB AT1 Sub IG Major Bank 25,093 98.47 AUD 4.2% 7.47%
25,000 Triton 2021 Aug 2026 FRN Senior Debt Sub IG Property 24,398 99.84 AUD 4.0% 8.88%
30,000 Emeco Pty Ltd Jul 2026 FCB Senior Debt Sub IG Resources 29,815 99.01 AUD 4.9% 6.70%
40,000 BNP Paribas Jan 2025 FCB AT1 Sub IG Major Bank 39,382 98.18 AUD 6.5% 6.52%
30,000 RACE Nov 2027 FCB Senior Debt NR Other Corporate 21,349 83.34 AUD 3.5% 13.80%
25,000 ZIP VFN 2 Oct 2027 FRN Sub Debt NR Other Corporate 25,125 100.50 AUD 4.2% 11.80%
40,000 WA Stockwell Aug 2026 FCB Senior Debt NR Property 20,621 87.62 AUD 3.4% 14.97%
25,000 ZILT 7 Nov 2025 FCB Senior Debt NR Property 23,256 93.01 AUD 3.9% 9.90%
20,000 Pepper Money Sep 2025 FRN Sub Debt NR Property 20,725 102.16 AUD 3.4% 9.35%

^ Pricing as at 30 January 2024. Subject to change.

Portfolio characteristics

Each bond is selected to ensure the overall portfolio:

Preservation

Is designed to preserve
your capital

Cash flow

Generates ongoing
cash flow

Diversity and balance

Provides diversity
and balance

We combine a mix of investment grade and sub investment grade bonds to generate the return, in conjunction with differing security types

  • Fixed Rate Bonds pay the same coupon amount throughout the life of the bonds, allowing you to predict cash flow.
  • Floating Rate Bonds move with the market interest rate and increase your return when rates rise.
  • Inflation Linked Bonds allow you to protect against rising inflation.

An allocation to senior debt securities means your investment is prioritised above shareholders for repayment. This protects your investment in the event of a problem with one of the issuers, because legally if the company goes into liquidation, any available funds will be repaid to senior investors before equity investors.

This portfolio has 14 securities with weightings between 5.04% and 9.84%, yielding 9.59% pa*. It is designed for investors seeking a higher return and who are comfortable with a corresponding increase in credit risk. The returns shown are based on a ~$460,000 investment. $50,000 is the minimum amount that can be invested with FIIG.

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Bond types
Security types
Ratings
Sectors
What makes up the portfolio
 
Holding Security Description Maturity / Call Date Product Type Structure Ratings Industry Sector Capital Value Capital price Currency % allocation Yield
30,000 P&N Bank May 2027 FRN AT1 NR Regional Bank 31,750 104.00 AUD 7.5% 8.25%
30,000 Peet Limited Sep 2026 FRN Sub Debt NR Property 30,414 100.62 AUD 7.2% 8.46%
30,000 Elanor Wildlife Park Fund Nov 2024 FCB Senior Debt NR Other Corporate 24,018 100.10 AUD 5.7% 7.05%
30,000 ZILT 7 Nov 2026 FCB Senior Debt NR Property 27,907 93.01 AUD 6.6% 9.90%
30,000 RACE Nov 2027 FCB Senior Debt NR Other Corporate 21,349 83.34 AUD 5.0% 13.80%
48,000 WA Stockwell Aug 2026 FCB Senior Debt NR Property 24,746 87.62 AUD 5.8% 14.97%
30,000 ZIP VFN Feb 2025 FRN Sub Debt NR Other Corporate 30,150 100.50 AUD 7.1% 11.80%
30,000 Pepper Money Sep 2025 FRN Sub Debt NR Property 31,087 102.16 AUD 7.3% 9.35%
25,000 Triton Trust Aug 2026 FRN Senior Debt Sub IG Property 24,398 99.84 AUD 5.8% 8.88%
60,000 Liberty Funding Sep 2026 FRN Senior Debt Sub IG Property 30,061 101.75 AUD 7.1% 8.86%
30,000 Société Générale Sep 2024 FCB AT1 Sub IG Major Bank 30,112 98.47 AUD 7.1% 7.47%
25,000 Macquarie Mar 2027 FCB AT1 IG Major Bank 37,225 95.93 USD 8.8% 7.63%
30,000 Newcastle Coal Mar 2027 FCB Sub Debt Sub IG Infrastructure 41,699 105.90 USD 9.8% 10.27%
30,000 ING Group May 2027 FCB AT1 Sub IG Major Bank 38,843 84.66 USD 9.2% 9.41%

^ Pricing as at 30 January 2024. Subject to change.

Portfolio characteristics

Each bond is selected to ensure the overall portfolio:

Preservation

Is designed to preserve
your capital

Cash flow

Generates ongoing
cash flow

Diversity and balance

Provides diversity
and balance

We combine a mix of investment grade and sub investment grade bonds to generate the return, in conjunction with differing security types

  • Fixed Rate Bonds pay the same coupon amount throughout the life of the bonds, allowing you to predict cash flow.
  • Floating Rate Bonds move with the market interest rate and increase your return when rates rise.
  • Inflation Linked Bonds allow you to protect against rising inflation.

An allocation to senior debt securities means your investment is prioritised above shareholders for repayment. This protects your investment in the event of a problem with one of the issuers, because legally if the company goes into liquidation, any available funds will be repaid to senior investors before equity investors.

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* Return is yield to maturity. Subject to change and before fees. Please see our FSG for any applicable fees.
† Weighted average life for maturity.

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