Premium Wealth Management is seeking to roll out an Asian corporate debt fund, Investor Daily reports. The Premium Asia Income Fund, which will aim to return 10% to 12% annually, will be fully hedged back to the Australian dollar. The majority of the fund will be invested in the debt, but it will also contribute in convertible notes and produce income, which will be distributed quarterly. The fund will have about one-third the volatility of equities.
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