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Article: Hybrid securities risk.
- Article from:
- Australasian Business Intelligence
- Article date:
- June 26, 2003
CopyrightCOPYRIGHT 2003 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jun 26, 2003 (Personal Investor - ABIX via COMTEX)
Nigel Douglas says Australian investors should be cautious about investing in hybrid securities funds. Douglas, from van Eyk, notes that the sector has attracted a lot of investor interest in the past year or so, due to the fact it is currently offering "eight per cent effective, franked returns". He says that investors should note that conditions for hybrid securities have been very favourable in the last two years, but that these conditions are not likely to endure for too much longer. Douglas also says that the sector is still in a ...
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