{"id":59479,"date":"2022-12-08T10:34:32","date_gmt":"2022-12-07T23:34:32","guid":{"rendered":"https:\/\/www.ppmfunds.com\/?p=59479"},"modified":"2023-01-09T15:40:15","modified_gmt":"2023-01-09T04:40:15","slug":"fixed-floating-rate-securities-versus-cash-its-time","status":"publish","type":"post","link":"https:\/\/www.ppmfunds.com\/fixed-floating-rate-securities-versus-cash-its-time\/","title":{"rendered":"Fixed &#038; Floating Rate Securities versus Cash. It\u2019s time&#8230;"},"content":{"rendered":"<p><strong>Portfolios of directly held Fixed &amp; Floating Rate Securities not only significantly enhance income from cash bank balances that may have been held for a long time but provide advantages.<\/strong><\/p>\n<p>Over the past 7 years Private Portfolio Managers Pty Limited (PPM) has offered a fixed interest strategy in addition to our domestic and global equities strategies. At times it has proved a key component of the PPM investment philosophy as it has enabled us to build portfolios that have a suitable balance between safeguarding funds whilst positioning them to best capture opportunities when they arise.<\/p>\n<p>At the time of writing, the yields on fixed and floating rate securities are substantially above the cash rate and are more in the 6%+ range.<br \/>\nWe\u2019re now going through a period where there\u2019s concern about rising interest rates and inflation.<br \/>\nAfter 10 years of defensive assets such as cash and fixed interest delivering little income, yields are back again. Defensive assets which once formed a significant part of risk averse portfolios, are providing value again.<\/p>\n<p>Portfolios of directly held Fixed Interest securities can significantly enhance the income for those who have for a long time held just cash bank balances. What\u2019s more, they have the advantages of:<\/p>\n<ul>\n<li>Transparency<\/li>\n<li>Predictable income<\/li>\n<li>Flexibility<\/li>\n<\/ul>\n<p class=\"p1\"><span class=\"s1\"><img decoding=\"async\" class=\"alignnone wp-image-59487 size-full\" src=\"http:\/\/www.ppmfunds.com\/wp-content\/uploads\/2022\/12\/chart-fixed-interest-2.jpg\" alt=\"\" width=\"1200\" height=\"572\" srcset=\"https:\/\/www.ppmfunds.com\/wp-content\/uploads\/2022\/12\/chart-fixed-interest-2.jpg 1200w, https:\/\/www.ppmfunds.com\/wp-content\/uploads\/2022\/12\/chart-fixed-interest-2-300x143.jpg 300w, https:\/\/www.ppmfunds.com\/wp-content\/uploads\/2022\/12\/chart-fixed-interest-2-1024x488.jpg 1024w, https:\/\/www.ppmfunds.com\/wp-content\/uploads\/2022\/12\/chart-fixed-interest-2-768x366.jpg 768w, https:\/\/www.ppmfunds.com\/wp-content\/uploads\/2022\/12\/chart-fixed-interest-2-350x167.jpg 350w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Fixed and Floating Rate Securities may not be as glamorous as equities but they are less volatile and certainly provide a solid foundation for surviving the inevitable fluctuations whilst protecting your funds. PPM would be delighted to arrange a meeting with you to discuss the benefits of Fixed and Floating Rate Securities as part of a balanced portfolio with known income streams.<\/span><\/p>\n<p><strong>For further information on our Fixed Interest service offering please contact Jill May, Head of Client Relations or your Portfolio Manager on (02) 8256 3777 or <a href=\"mailto:jm@ppmfunds.com\">jm@ppmfunds.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Portfolios of directly held Fixed &#038; Floating Rate Securities not only significantly enhance income from cash bank balances that may have been held for a long time but provide advantages.<\/p>\n","protected":false},"author":1,"featured_media":59482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-59479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge-library"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fixed &amp; Floating Rate Securities versus Cash. 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