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Credit And Fixed Income

Benefit from investments that can deliver capital stability, income and liquidity by investing with one of Australia’s leading credit and fixed income managers.

At Cove Private Wealth we offer a range of cash, credit and fixed income solutions and are specialists in investing in quality debt. We take a highly active approach to buying and selling credit and fixed income securities and invest extensively across industries, maturities and the capital structure.

We aim to create well-diversified and highly liquid portfolios that perform well across market cycles. We focus on generating income and seek to avoid losses so that portfolio returns are stable.

While some fixed income securities can move in the same direction as share markets, our prudent risk aware approach seeks to provide the defensive attributes investors expect from fixed income – such as high levels of capital security, consistent income, liquidity and a low correlation to shares.

Credit And Fixed Income Funds

eastPerpetual Diversified Income Fund
eastPerpetual Dynamic Fixed Income Fund
eastAll Credit and Fixed Income Funds
eastPerpetual ESG Credit Income Fund
eastPerpetual Credit Income Trust (ASX:PCI)

Why Invest In Credit And Fixed Income?

eastImproved predictability of portfolios
eastAttractive risk-adjusted returns
eastIncome
eastLow correlation to shares
Predictable outcomes

We focus our portfolio on delivering predictable outcomes – capital stability, regular income, and liquidity. These are characteristics that investors generally seek from ‘defensive’ asset classes.

Risk aware

We will only add risk to our portfolios when we expect it will be sufficiently rewarded. This ensures that the defensive qualities of our portfolios are not compromised.

Stable and experienced team

Cove Private Wealth’s experienced credit and fixed income team have delivered through different market cycles, with the senior portfolio managers working together for over a decade. Our current capability set has been built on a strong foundation, with Perpetual managing debt-like portfolios since 1966.

Active trading of quality assets

Cove Private Wealth’s approach is to actively manage good quality credit and fixed income assets. Quality assets tend to be more liquid, have lower transaction costs, are issued in greater volume, and are more likely to experience spread contraction as they approach maturity. An active risk aware approach can help to add value for investors across the less transparent fixed income markets.

At Cove Private Wealth, we believe that within a diversified portfolio, credit and fixed income investments are typically used to provide defensive characteristics. This belief drives the key elements of our investment philosophy:

  • It is necessary to actively trade credit and fixed income securities to take advantage of the full range of investment opportunities and extract maximum value
  • Credit is a highly repeatable and sustainable way to add value in fixed income markets
  • Strategic duration setting is key, with tactical adjustments most effective at meaningful dislocations
  • Invest in quality and value securities
  • It is imperative to understand and price risks, and invest in opportunities where risk is best rewarded

All investments carry risk. While it is not possible to identify every risk relevant to your investment, we have provided details of the risks that may affect your investment in the relevant product disclosure statement (PDS) or offer document.

You can find PDSs and other documents in our resources section. The relevant PDS, offer documents and forms can also be found in the sections below: