Enhanced Yield Fund: December 2023 quarterly update

This video provides an update on the PM Capital Enhanced Yield Fund's performance, investment activity and market outlook.

Portfolio Manager Jarod Dawson discusses:

  • The recent change in dynamic and value proposition of interests markets
  • How credit markets are reacting and the opportunities they present
  • How the fund rounded out calendar year 2023, and the outlook for 2024.

December 2023 Managed Funds Quarterly Report


This insight is issued by PM Capital Limited ABN 69 083 644 731 AFSL 230222 as responsible entity for the PM Capital Enhanced Yield Fund (ARSN 099 581 558, the ‘Fund’). It contains summary information only to provide an insight into how we make our investment decisions. This information does not constitute advice or a recommendation, and is subject to change without notice. It does not take into account the objectives, financial situation or needs of any investor which should be considered before investing. Investors should consider the Target Market Determinations and the current Product Disclosure Statement (which are available from us), and obtain their own financial advice, prior to making an investment. The PDS explains how the Fund’s Net Asset Value is calculated. Past performance is not a reliable guide to future performance and the capital and income of any investment may go down as well as up. 

The Yield to Maturity is before fees. The yield to maturity is not a forecast of expected Fund performance (including distributions) and it provides a simple snapshot (at the time of this report) of the estimated before fees yield return of the portfolio holdings should they be held to maturity, and assumes that the bond issuers meet all their coupon and maturity obligations.