XTB - Yield Plus Model Portfolio (SMA)

XTB and Praemium have partnered to launch a pure fixed income separately managed account (SMA) solution.

The 'Yield Plus' portfolio is available exclusively to financial advisers via the Praemium SMA platform. The portfolio invests in individual investment-grade corporate bonds through XTBs (Exchange Traded Bond units) on the ASX,

Commenting on the launch, XTB portfolio manager Ian Martin said: "The Yield Plus model portfolio has been developed in direct response to demand from advisers looking for an efficient and transparent way to invest in fixed income."

Praemium head of distribution Martin Morris added: "In the current low interest-rate environment, more advisers are looking for ways to deliver income and yield to clients, but without a significant increase in risk and volatility. We are excited to work with XTB to offer advisers and their clients exposure to the benefits of corporate bonds on ASX."