Direct bond ownership professionally managed – a simple scalable solution for advisors

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FIIG’s Managed Income Portfolio Service (MIPS) provides wholesale investors day to day professional portfolio management, while retaining beneficial ownership of fixed income securities. MIPS offers four Investment Programs – Conservative Income, Core Income, Income Plus and Inflation-Linked tailored to your risk appetite and investment goals. You also have the option of a fully customised program for investment amounts of over $5million.

Regular and Timely Income
MIPS provides a regular income stream through interest payments and liquidity.

Direct Ownership
Retain beneficial ownership of the portfolio of fixed income securities held in your custody account or your name.

Managed Professionally
Receive full professional investment management, delegating the day-to-day running of your portfolio of fixed income securities to the experts.

FIIG Expertise
At FIIG we concentrate on just one financial discipline – fixed income products. That’s how we’ve earned our reputation for being the experts.

HOW MIPS WORKS

You and your client choose an investment program that works best for them

FIIG establishes an individual Funding Account for your client

FIIG creates and manages a portfolio of fixed income investments that meets your client’s chosen program

You have 24/7 online access to your client's holding information, portfolio performance, valuations and funding account balances

How MIPS Works

To start investing in MIPS, you and your client need to choose an investment program that works best for them. Once you have chosen the investment program, FIIG establishes an individual Funding Account for each investor and creates a portfolio of fixed income investments that meet the chosen program.

FIIG carefully reviews and selects each investment opportunity to make sure it’s consistent with the mandate for each program.

In addition, FIIG then

Adjusts holdings in response to changes in markets and investment opportunities
Provides custodial and reporting services
Provides compliance monitoring and supervisory oversight

As an investor in MIPS, your client receives:

access to coupons as they are paid
option to sweep this income to their nominated bank account
24/7 online access to individual holding information as well as portfolio performance, valuations and funding account balances
Monthly and annual statements

Why FIIG's MIPS?

Direct bond ownership professionally managed – a simple scalable solution for advisors

One Fixed Income Solution - direct fixed income investment solution for your clients that includes portfolio management, administration, custody and reporting
Convenience and simplicity - allow the MIPS team to take over the day to day management of your clients fixed income investments so you can focus on providing strategic asset allocation and financial planning advice to your clients.
Direct bond ownership benefits – your clients have their own custody account ensuring beneficial ownership and that their investments are segregated

Certainty of income – amount and timing of income is generally known
Access to wholesale fixed income markets – providing your clients with institutional access to the liquid A$ dollar bond market that is worth approximately $1 trillion and to deal flow as market opportunities arise
Platform integration – reporting on IRESS Xplan, Class Super, SuperIQ
A simple, scalable fixed income solution
Transparency you can view your client's individual holdings, risk and cashflows 24/7 via secure website

MIPS Programs

Minimum investment amounts
The minimum investment amount for MIPS is $250,000 for each Investment Program, or $5 million for a Customised Investment Program.

Conservative Income Investment Program – Regular income with exposure to investment grade credit only
Conservative Income invests in investment grade senior and subordinated bonds. Longer dated bonds form a key part of portfolios generating yield from credit and interest rates. The mix of holdings of fixed and floating rate bonds will shift through the interest rate cycle.

Core Income Investment Program – Regular income investing in senior debt only
Portfolios are predominantly exposed to investment grade senior bonds with a small allocation to unrated bonds. Exposure is to medium to longer tenor maturity profiles, facilitating higher yield generation. The mix of holdings of fixed and floating rate bonds will shift through the interest rate cycle.

Income Plus Investment Program – Higher income with moderate risk
Income Plus has a broader mandate to invest across the capital structure, senior through to subordinated bonds, and across the credit spectrum to include investment and non-investment grade companies. The allocation to select non-investment grade credits based on credit strength and subordinated bonds generates portfolio yield. The credit exposure and mix of rated and unrated bonds will shift through the credit cycle.

Inflation-Linked Income Investment Program – Income linked to inflation to protect purchasing power
Inflation Linked invests in pure inflation-linked bonds, CIBs and ILBs, issued by governments, semis and corporates and in FRNs that are highly correlated to inflation. FRNs are included to generate excess yield via credit exposure. The exposure to longer and shorter maturity ILBs will vary through the inflation cycle.

Customised Investment Program – Tailored investments of $5m+
MIPS offers the ability to create a bespoke fixed income portfolio based on your key investment objectives including liquidity, credit, duration, diversification and Ethical, Social & Governance (ESG) position.

MIPS SEMINARS

Join FIIG's Simon Michell, National Sales Manager - Intermediaries, and Emma Jenkin, Director - Managed Accounts, as they outline each of the MIPS investment programs and explain how MIPS can give your clients the benefits of fixed income ownership while you outsource the day to day management of the portfolio to FIIG.

Seminars are being run across the country, in Adelaide, Brisbane, Canberra, Melbourne, Perth and Sydney. Seminars in Brisbane, Canberra, Melbourne and Sydney will start at 7:30am, and Adelaide and Perth at 3:30pm.

Register for a MIPS Seminar

MIPS WEBINAR

Join Simon Michell, National Sales Manager - Intermediaries and Emma Jenkin, Director, Managed Accounts for this MIPS specific webinar. Simon and Emma will outline each of the MIPS investment programs and explain how MIPS can give your clients the benefits of fixed income ownership while you outsource the day to day management of the portfolio to FIIG.

Date: Tuesday 18 August 2015
Time:

1.00pm NSW, QLD, VIC
12.30pm SA
11.00am WA

FIIG at a Glance

$11bn
Funds under management

7,000
Account holders

17 years
Established 1998

$1bn
FIIG Originated bonds

FIIG is Australia’s leading fixed income specialist. For 17 years we’ve been providing investors with direct access to bond markets and a range of term deposits and other cash solutions. We also help Australian corporates fund their growth through access to bond markets. We’re also Australia’s largest specialist fixed income provider with over $11 billion currently under investment.

CLIENT TESTIMONIALS

FIIG has been a big part of our success and have always been very understanding of our needs and priorities. They are also very good at keeping one eye on performance to make sure we maximise returns.

Tony Eviston, Bathurst Catholic Diocese Fund

When we started buying bonds through FIIG in 2012, it was the first time that we had directly invested in bonds, so it was important to us that we got off on the right foot. We had talked to FIIG for quite some time before finally making a move. We have a lot of confidence in FIIG’s advice and had been very happy with the working relationship we have developed.

Greg Burrell, University of Newcastle.