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Financial Happenings Blog
Friday, October 24 2008

In his latest article written for Alan Kohler's Eureka Report, Scott looks at the plight of mortgage funds in light of the governmant guarantee of bank deposits.

In particular, Scott compares some of the funds being mentioned at present - AXA, Perpetual & Challenger - with some failed investments of the recent past - e.g. Wespoint & Fincorp - concluding that the funds that are in the media at present have a much sounder model.  However they offer similar returns to those being offered by cash accounts which are now rated more highly.

Scott also takes a brief look at the impact of the government guarantee of bank deposits on listed fixed interest securities.

Click on the following link to read Scott's analysis - Last rites for mortgage funds?.

Posted by: AT 02:00 am   |  Permalink   |  Email
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