Macquarie AM provides ‘first of its kind’ lively ETF | Australian Markets
Macquarie Asset Administration (MAM) has added to its growing suite of exchange traded funds (ETFs), launching two new fixed income funds, together with a ‘first of its kind’ high yield offering.
The “simple and accessible” funds, accessible on the Australian Securities Change (ASX), promise full lively ETF investment functionality throughout equity and fixed income markets.
The just-launched Macquarie International Yield Maximiser Lively ETF (MQYM) is touted as the primary ETF of its type to offer entry to actively managed world high-yield markets for Australian buyers.
In response to Macquarie, the “highly flexible” MQYM makes use of a multi-sector fixed income method to ship “high levels of monthly income”.
Complementing the launch of the high yield fund is the newly launched Macquarie Subordinated Debt Lively ETF (MQSD), among the many first actively managed predominantly Australian subordinated debt ETFs accessible on the ASX, based on Macquarie.
The MQSD is anticipated to offer important publicity to the subordinated money owed of Australian main banks and different financial establishments.
Commenting on the launch of the new funds, Macquarie AM CIO and world head of fixed income Brett Lewthwaite famous that, “in the backdrop of higher yields, central bank and regulatory changes, investors are increasingly seeking active managers to help navigate challenging market conditions”.
He added that fixed income markets can offer engaging returns while offering defensive and diversification advantages for buyers.
Macquarie AM, half of the Macquarie Group, is among the many largest lively fixed income managers in Australia.
The firm’s launch of the new fixed income ETFs builds on its present vary of ETFs accessible by way of its world lively ETF platform, itself launched in 2023.
The platform now boasts 4 fixed income and three equity ETFs with over $300 million in belongings underneath management (AUM).
The fixed income ETF market is the third largest ETF asset class in Australia after worldwide and Australian equities.
AUM in fixed income ETFs has more than doubled since 2021, growing from $13.4 billion to $28.0 billion in 2024.
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